XML 14 R3.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 220.2 $ 753.5
Receivables, net of allowance for credit losses of $5.3 and $4.7 699.4 579.7
Inventories 529.6 472.7
Other current assets 82.4 120.4
Total current assets 1,531.6 1,926.3
Property, plant, and equipment, net of accumulated depreciation of $720.7 and $702.5 738.3 711.8
Goodwill 1,490.1 1,478.0
Other intangible assets, net of accumulated amortization of $576.2 and $543.5 1,496.0 1,504.9
Other long-term assets 194.9 195.6
Total assets 5,450.9 5,816.6
LIABILITIES AND EQUITY    
Accounts payable 313.5 261.1
Other current liabilities 279.6 404.7
Total current liabilities 593.1 665.8
Long-term debt 1,890.5 1,887.4
Contract liabilities 326.0 322.2
Deferred taxes 230.6 228.2
Other long-term liabilities 244.2 249.7
Common stock [1],[2] 78.7 78.7
Additional paid-in capital 586.5 589.0
Treasury stock [3] (5,268.0) (4,867.4)
Accumulated other comprehensive loss (101.8) (110.1)
Retained earnings 6,871.1 6,773.1
Total liabilities and equity $ 5,450.9 $ 5,816.6
[1] Common Stock: $1 par value; 200.0 shares authorized; 43.3 and 44.4 shares outstanding, respectively
[2] Preferred Stock: $1 par value; 5.0 shares authorized; no shares were issued or outstanding during any period presented
[3] Treasury Stock: at cost; 35.3 and 34.2 shares, respectively