XML 24 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 753.5 $ 576.7
Receivables, net 579.7 615.3
Inventories, net 472.7 361.7
Prepaid expenses 26.9 21.2
Other current assets 93.5 107.6
Assets held for sale 0.0 1,725.6
Total current assets 1,926.3 3,408.1
Property, plant and equipment, net 711.8 655.2
Goodwill 1,478.0 1,202.5
Other intangible assets, net 1,504.9 1,252.9
Other long-term assets 195.6 101.3
Total assets 5,816.6 6,620.0
Current liabilities:    
Accounts payable 261.1 245.5
Accrued and other current liabilities 373.2 292.9
Current portion of debt 3.2 402.7
Contract liabilities 28.3 26.4
Liabilities held for sale 0.0 218.8
Total current liabilities 665.8 1,186.3
Long-term liabilities:    
Long-term debt, less current portion 1,887.4 1,886.7
Contract liabilities 322.2 297.6
Other long-term liabilities 477.9 420.4
Total long-term liabilities 2,687.5 2,604.7
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; 44.4 and 47.7 shares outstanding, respectively) 78.7 78.7
Additional paid-in capital 589.0 553.8
Treasury shares, at cost (34.2 and 30.9 shares, respectively) (4,867.4) (3,326.4)
Accumulated other comprehensive loss (110.1) (111.1)
Retained earnings 6,773.1 5,634.0
Total stockholders' equity 2,463.3 2,829.0
Total liabilities and equity $ 5,816.6 $ 6,620.0