CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 191.7	$ 204.9
Receivables, net	1,511.9	1,254.7
Unbilled receivables, net	654.9	636.5
Inventories	2,495.7	2,265.7
Income taxes receivable	49.7	51.2
Other current assets	110.1	114.5
Total current assets	5,014.0	4,527.5
Property, plant and equipment, net	1,235.6	1,216.5
Goodwill	1,449.2	1,410.1
Purchased intangible assets, net	757.9	777.6
Deferred income taxes	285.6	259.0
Deferred contract costs	841.0	842.6
Other non-current assets	432.8	389.8
Total assets	10,016.1	9,423.1
Current liabilities:
Revolving credit facilities and current maturities of long-term debt	398.7	362.3
Accounts payable	975.7	1,143.4
Customer advances	597.9	648.8
Payroll-related obligations	202.6	246.2
Income taxes payable	118.7	140.1
Other current liabilities	433.8	446.5
Total current liabilities	2,727.4	2,987.3
Long-term debt, less current maturities	1,099.6	599.5
Non-current customer advances	1,163.5	1,154.4
Deferred income taxes	26.7	26.9
Other non-current liabilities	544.5	502.9
Commitments and contingencies
Shareholders’ equity:
Preferred Stock ($0.01 par value; 2,000,000 shares authorized; none issued and outstanding)	0.0	0.0
Common Stock ($0.01 par value; 300,000,000 shares authorized; 75,101,465 shares issued)	0.7	0.7
Additional paid-in capital	849.2	847.8
Retained earnings	4,618.5	4,367.2
Accumulated other comprehensive income (loss)	7.4	(103.2)
Common Stock in treasury, at cost (11,011,311 and 10,499,458 shares, respectively)	(1,021.4)	(960.4)
Total shareholders’ equity	4,454.4	4,152.1
Total liabilities and shareholders’ equity	$ 10,016.1	$ 9,423.1