CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 633.2	$ 534.3
Receivables – net	475.1	427.8
Inventories – net	488.2	420.8
Other current assets	81.3	63.4
Total current assets	1,677.8	1,446.3
Property, plant and equipment – net of accumulated depreciation of $595.7 and $545.7 at September 30, 2024 and December 31, 2023, respectively	468.6	430.3
Goodwill	3,316.0	2,838.3
Intangible assets – net	1,349.4	1,011.8
Other noncurrent assets	155.7	138.5
Total assets	6,967.5	5,865.2
Current liabilities
Trade accounts payable	210.4	179.7
Accrued expenses	301.2	271.5
Current portion of long-term borrowings	0.6	0.6
Dividends payable	52.4	48.5
Total current liabilities	564.6	500.3
Long-term borrowings – net	2,075.1	1,325.1
Deferred income taxes	301.3	291.9
Other noncurrent liabilities	208.2	206.7
Total liabilities	3,149.2	2,324.0
Commitments and contingencies (Note 14)
Preferred stock:
Authorized: 5.0 million shares, $.01 per share par value; Issued: None	0.0	0.0
Common stock:
Authorized: 150.0 million shares, $.01 per share par value Issued: 90.1 million shares at both September 30, 2024 and December 31, 2023	0.9	0.9
Treasury stock at cost: 14.2 million shares at September 30, 2024 and 14.3 million shares at December 31, 2023	(1,176.5)	(1,187.0)
Additional paid-in capital	859.9	839.0
Retained earnings	4,159.3	3,934.3
Accumulated other comprehensive loss	(24.7)	(45.8)
Total shareholders’ equity	3,818.9	3,541.4
Noncontrolling interest	(0.6)	(0.2)
Total equity	3,818.3	3,541.2
Total liabilities and equity	$ 6,967.5	$ 5,865.2