XML 13 R3.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 291.7 $ 324.4
Receivables, net of allowance for credit losses of $6.2 million and $5.3 million, respectively 1,002.6 814.6
Inventories, net 728.9 605.1
Contract assets 73.6 72.1
Prepaid expenses 41.8 49.9
Other current assets 90.2 284.8
Total current assets 2,228.8 2,150.9
Property, plant, and equipment, net 769.1 759.9
Goodwill, net 2,215.0 2,199.0
Other intangible assets, net 1,980.9 2,008.7
Other long-term assets 129.2 128.3
Total assets 7,323.0 7,246.8
Current liabilities:    
Accounts payable 520.9 432.4
Current portion of debt 352.1 352.0
Accrued and other current liabilities 278.4 351.2
Contract liabilities 37.2 33.9
Total current liabilities 1,188.6 1,169.5
Long-term liabilities:    
Long-term debt, less current portion 2,576.7 2,575.4
Contract liabilities 251.9 250.0
Other long-term liabilities 627.2 622.4
Total long-term liabilities 3,455.8 3,447.8
Stockholders' 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; 51.6 and 52.0 shares outstanding, respectively) 78.7 78.7
Additional paid-in capital 483.5 481.5
Treasury shares, at cost (26.8 and 26.4 shares, respectively) (2,184.8) (2,063.2)
Accumulated other comprehensive loss (101.4) (105.2)
Retained earnings 4,402.6 4,237.7
Total stockholders' equity 2,678.6 2,629.5
Total liabilities and equity $ 7,323.0 $ 7,246.8