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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 625.4 $ 324.4
Receivables, net of allowance for credit losses of $5.9 million and $5.3 million, respectively 1,090.9 814.6
Inventories, net 804.1 605.1
Contract assets 84.0 72.1
Prepaid expenses 35.7 49.9
Other current assets 130.8 284.8
Total current assets 2,770.9 2,150.9
Property, plant, and equipment, net 790.9 759.9
Goodwill 2,192.7 2,199.0
Other intangible assets, net 1,861.1 2,008.7
Other long-term assets 116.4 128.3
Total assets 7,732.0 7,246.8
Current liabilities:    
Accounts payable 497.1 432.4
Current portion of debt 651.4 352.0
Accrued and other current liabilities 361.4 351.2
Contract liabilities 42.2 33.9
Total current liabilities 1,552.1 1,169.5
Long-term liabilities:    
Long-term debt, less current portion 2,280.3 2,575.4
Contract liabilities 263.0 250.0
Other long-term liabilities 594.9 622.4
Total long-term liabilities 3,138.2 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 502.6 481.5
Treasury shares, at cost (26.8 and 26.4 shares, respectively) (2,241.9) (2,063.2)
Accumulated other comprehensive loss (189.4) (105.2)
Retained earnings 4,891.7 4,237.7
Total stockholders' equity 3,041.7 2,629.5
Total liabilities and equity $ 7,732.0 $ 7,246.8