Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 737.7	$ 351.2
Receivables, net of allowance for credit losses of $7.6 million and $6.6 million, respectively	692.5	682.5
Inventories, net	547.8	510.6
Contract assets	101.9	100.5
Prepaid expenses	25.2	30.5
Other current assets	47.8	76.7
Total current assets	2,152.9	1,752.0
Property, plant, and equipment, net	764.3	783.5
Goodwill, net	1,708.3	1,716.3
Other intangible assets, net	1,083.9	1,140.6
Other long-term assets	98.9	103.6
Total assets	5,808.3	5,496.0
Current liabilities:
Accounts payable	321.3	327.3
Accrued and other current liabilities	259.9	294.5
Contract liabilities	31.9	27.0
Current portion of debt	0.8	250.2
Total current liabilities	613.9	899.0
Long-term liabilities:
Long-term debt, less current portion	2,077.2	1,341.4
Contract liabilities	226.9	220.4
Other long-term liabilities	374.1	392.4
Total long-term liabilities	2,678.2	1,954.2
Shareholders' equity:
Preferred stock, $1 par value per share (5.0 shares authorized and unissued)	0.0	0.0
Common stock, $1 par value per share (200.0 shares authorized; 54.4 and 55.7 shares outstanding, respectively)	78.7	78.7
Additional paid-in capital	424.5	413.7
Deferred compensation equity	3.3	2.9
Treasury shares, at cost (24.0 and 22.7 shares, respectively)	(1,632.7)	(1,449.7)
Accumulated other comprehensive loss	(160.1)	(124.1)
Retained earnings	3,802.5	3,721.3
Total shareholders' equity	2,516.2	2,642.8
Total liabilities and equity	$ 5,808.3	$ 5,496.0