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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 553.2 $ 665.0
Trade receivables (net of allowance of $10.5 and $9.5 at September 30, 2021 and December 31, 2020, respectively) 513.4 381.2
Inventories 747.7 610.4
Prepaid and other current assets 191.5 222.0
Total current assets 2,005.8 1,878.6
Non-current assets    
Property, plant and equipment – net 412.6 406.6
Goodwill 279.7 275.4
Intangible assets – net 14.1 8.3
Other assets 355.7 462.9
Total assets 3,067.9 3,031.8
Current liabilities    
Current portion of long-term debt 5.7 7.6
Trade accounts payable 548.7 369.9
Accrued compensation and benefits 108.4 85.8
Other current liabilities 277.0 260.0
Total current liabilities 939.8 723.3
Non-current liabilities    
Long-term debt, less current portion 887.7 1,166.2
Other non-current liabilities 189.7 220.8
Total liabilities 2,017.2 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 September 30, 2021 and December 31, 2020, respectively 0.9 0.9
Additional paid-in capital 850.8 837.9
Retained earnings 886.6 750.3
Accumulated other comprehensive income (loss) (229.3) (208.4)
Less cost of shares of common stock in treasury – 14.2 and 14.3 shares at September 30, 2021 and December 31, 2020, respectively (458.3) (459.2)
Total stockholders’ equity 1,050.7 921.5
Total liabilities and stockholders’ equity $ 3,067.9 $ 3,031.8