Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 719.0	$ 351.2
Receivables, net of allowance for credit losses of $7.5 million and $6.6 million, respectively	721.0	682.5
Inventories, net	514.5	510.6
Contract assets	97.4	100.5
Prepaid expenses	30.7	30.5
Other current assets	57.6	76.7
Total current assets	2,140.2	1,752.0
Property, plant, and equipment, net	765.9	783.5
Goodwill, net	1,727.3	1,716.3
Other intangible assets, net	1,063.8	1,140.6
Other long-term assets	102.8	103.6
Total assets	5,800.0	5,496.0
Current liabilities:
Accounts payable	325.0	327.3
Accrued and other current liabilities	287.9	294.5
Contract liabilities	31.9	27.0
Current portion of debt	0.9	250.2
Total current liabilities	645.7	899.0
Long-term liabilities:
Long-term debt, less current portion	2,079.4	1,341.4
Contract liabilities	231.6	220.4
Other long-term liabilities	368.0	392.4
Total long-term liabilities	2,679.0	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; 53.2 and 55.7 shares outstanding, respectively)	78.7	78.7
Additional paid-in capital	433.6	416.6
Treasury shares, at cost (25.2 and 22.7 shares, respectively)	(1,781.2)	(1,449.7)
Accumulated other comprehensive loss	(131.9)	(124.1)
Retained earnings	3,876.1	3,721.3
Total shareholders' equity	2,475.3	2,642.8
Total liabilities and equity	$ 5,800.0	$ 5,496.0