CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 197.0	$ 159.8
Accounts receivable, net	130.6	135.3
Contract assets	27.9	23.7
Inventories, net	125.0	142.3
Asbestos-related insurance recoverables, current portion	4.7	4.3
Other current assets	14.8	28.5
Total current assets	500.0	493.9
Property, plant and equipment, net of accumulated depreciation	372.4	365.1
Operating lease right-of-use assets	19.2	24.1
Goodwill	303.4	357.6
Intangible assets, net of accumulated amortization	99.3	110.3
Asbestos-related insurance recoverables, non-current portion	48.1	48.0
Deferred income taxes	67.0	61.5
Other long-term assets	20.5	20.6
Total assets	1,429.9	1,481.1
Current liabilities
Accounts payable	42.9	48.1
Accrued employee benefits and compensation	43.2	41.5
Accrued income taxes payable	10.2	7.7
Operating lease obligations, current portion	3.9	4.0
Asbestos-related liabilities, current portion	5.5	5.4
Other accrued liabilities	20.4	16.8
Total current liabilities	126.1	123.5
Operating lease obligations, non-current portion	17.9	20.6
Asbestos-related liabilities, non-current portion	51.9	52.1
Non-current income tax	4.8	5.7
Deferred income taxes	17.7	18.0
Other long-term liabilities	15.8	9.6
Commitments and contingencies (Note 6 and Note 10)
Shareholders’ equity
Capital stock - $1 par value; 50.0 authorized shares; 17.8 and 18.5 shares issued and outstanding, respectively	17.8	18.5
Additional paid-in capital	105.7	147.3
Retained earnings	1,119.3	1,181.1
Accumulated other comprehensive loss	(47.1)	(95.3)
Total shareholders' equity	1,195.7	1,251.6
Total liabilities and shareholders' equity	$ 1,429.9	$ 1,481.1