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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 542.2 $ 665.0
Trade receivables (net of allowance of $11.2 and $9.5 at June 30, 2021 and December 31, 2020, respectively) 546.5 381.2
Inventories 711.7 610.4
Prepaid and other current assets 196.3 222.0
Total current assets 1,996.7 1,878.6
Non-current assets    
Property, plant and equipment – net 413.6 406.6
Goodwill 276.6 275.4
Intangible assets – net 7.4 8.3
Other assets 374.2 462.9
Total assets 3,068.5 3,031.8
Current liabilities    
Current portion of long-term debt 5.7 7.6
Trade accounts payable 548.7 369.9
Other current liabilities 390.6 345.8
Total current liabilities 945.0 723.3
Non-current liabilities    
Long-term debt, less current portion 888.5 1,166.2
Other non-current liabilities 201.1 220.8
Total liabilities 2,034.6 2,110.3
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value – authorized 300.0 shares; issued 83.4 and 82.9 shares at June 30, 2021 and December 31, 2020, respectively 0.9 0.9
Additional paid-in capital 844.0 837.9
Retained earnings 847.0 750.3
Accumulated other comprehensive income (loss) (200.0) (208.4)
Less cost of shares of common stock in treasury – 14.2 and 14.3 shares at June 30, 2021 and December 31, 2020, respectively (458.0) (459.2)
Total stockholders’ equity 1,033.9 921.5
Total liabilities and stockholders’ equity $ 3,068.5 $ 3,031.8