XML 15 R3.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 379.3 $ 388.7
Receivables, net of allowance for credit losses of $6.1 million and $6.0 million, respectively 959.5 753.0
Inventories, net 599.2 659.4
Contract assets 80.9 89.7
Prepaid expenses 24.4 31.4
Other current assets 85.0 133.5
Assets held for sale 564.6 189.3
Total current assets 2,692.9 2,245.0
Property, plant, and equipment, net 798.8 771.1
Goodwill 2,018.2 2,013.2
Other intangible assets, net 1,552.0 1,614.7
Other long-term assets 114.3 114.4
Assets held for sale 0.0 463.6
Total assets 7,176.2 7,222.0
Current liabilities:    
Accounts payable 397.2 346.7
Current portion of debt 302.0 301.7
Accrued and other current liabilities 263.2 344.5
Contract liabilities 27.0 26.1
Liabilities held for sale 55.9 59.4
Total current liabilities 1,045.3 1,078.4
Long-term liabilities:    
Long-term debt, less current portion 2,282.2 2,281.2
Contract liabilities 282.0 270.4
Other long-term liabilities 534.7 555.3
Liabilities held for sale 0.0 12.3
Total long-term liabilities 3,098.9 3,119.2
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; 50.0 and 50.9 shares outstanding, respectively) 78.7 78.7
Additional paid-in capital 531.6 512.6
Treasury shares, at cost (28.4 and 27.5 shares, respectively) (2,680.9) (2,436.2)
Accumulated other comprehensive loss (143.5) (157.8)
Retained earnings 5,246.1 5,027.1
Total stockholders' equity 3,032.0 3,024.4
Total liabilities and equity $ 7,176.2 $ 7,222.0