CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 159.8	$ 131.7
Accounts receivable, less allowance for credit losses of $1.5 and $1.1	135.3	161.9
Contract assets	23.7	45.2
Inventories, net	142.3	153.5
Asbestos-related insurance recoverables, current portion	4.3	4.3
Other current assets	28.5	30.3
Total current assets	493.9	526.9
Property, plant and equipment, net of accumulated depreciation of $390.8 and $385.7	365.1	366.3
Operating lease right-of-use assets	24.1	18.9
Goodwill	357.6	359.8
Other intangible assets, net of amortization	110.3	123.9
Asbestos-related insurance recoverables, non-current portion	48.0	52.2
Investments in unconsolidated joint ventures	0.0	11.1
Deferred income taxes	61.5	49.7
Other long-term assets	20.6	8.4
Total assets	1,481.1	1,517.2
Current liabilities
Accounts payable	48.1	50.3
Accrued employee benefits and compensation	41.5	31.1
Accrued income taxes payable	7.7	2.0
Operating lease obligations, current portion	4.0	3.5
Asbestos-related liabilities, current portion	5.4	5.5
Other accrued liabilities	16.8	24.0
Total current liabilities	123.5	116.4
Borrowings under revolving credit facility	0.0	30.0
Operating lease obligations, non-current portion	20.6	15.4
Asbestos-related liabilities, non-current portion	52.1	56.0
Non-current income tax	5.7	7.2
Deferred income taxes	18.0	22.9
Other long-term liabilities	9.6	10.3
Commitments and contingencies (Note 6 and Note 10)
Shareholders’ equity
Capital stock - $1 par value; 50.0 authorized shares; 18.5 and 18.6 shares issued and outstanding, respectively	18.5	18.6
Additional paid-in capital	147.3	151.8
Retained earnings	1,181.1	1,155.0
Accumulated other comprehensive loss	(95.3)	(66.4)
Total shareholders' equity	1,251.6	1,259.0
Total liabilities and shareholders' equity	$ 1,481.1	$ 1,517.2