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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 108.0 $ 364.8
Receivables, net of allowance for credit losses of $5.0 million and $5.1 million, respectively 768.1 615.3
Inventories, net 394.8 518.0
Prepaid expenses 23.9 22.4
Other current assets 102.8 124.7
Assets held for sale 2,259.4 599.8
Total current assets 3,657.0 2,245.0
Property, plant, and equipment, net 627.2 602.0
Goodwill 1,177.8 1,177.6
Other intangible assets, net 1,262.7 1,327.5
Other long-term assets 91.3 97.9
Assets held for sale 0.0 1,772.0
Total assets 6,816.0 7,222.0
Current liabilities:    
Accounts payable 328.4 273.5
Current portion of debt 2.3 301.7
Accrued and other current liabilities 254.0 290.3
Contract liabilities 25.7 24.4
Liabilities held for sale 265.2 188.5
Total current liabilities 875.6 1,078.4
Long-term liabilities:    
Long-term debt, less current portion 2,283.2 2,281.1
Contract liabilities 289.1 270.4
Other long-term liabilities 444.3 473.6
Liabilities held for sale 0.0 94.1
Total long-term liabilities 3,016.6 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; 48.8 and 50.9 shares outstanding, respectively) 78.7 78.7
Additional paid-in capital 544.4 512.6
Treasury shares, at cost (29.6 and 27.5 shares, respectively) (3,009.8) (2,436.2)
Accumulated other comprehensive loss (159.0) (157.8)
Retained earnings 5,469.5 5,027.1
Total stockholders' equity 2,923.8 3,024.4
Total liabilities and equity $ 6,816.0 $ 7,222.0