Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 331.6	$ 257.1
Restricted cash	9.1	0.8
Accounts receivable, less allowances: (2022 - $17.9 million; 2021 - $16.9 million)	699.6	626.4
Unbilled receivables	103.9	104.5
Inventories, net	1,191.3	1,042.7
Deferred charges and prepaid expenses	44.4	32.2
Other current assets	124.1	149.8
Total Current Assets	2,504.0	2,213.5
Property, Plant and Equipment, Net	1,207.4	1,055.3
Other Assets
Goodwill	1,098.3	1,022.7
Other intangible assets, net	765.3	668.8
Operating lease assets	101.4	118.9
Deferred income taxes	71.0	67.6
Other non-current assets	25.0	23.9
Total Other Assets	2,061.0	1,901.9
Total Assets	5,772.4	5,170.7
Current Liabilities
Accounts payable, trade	403.9	430.0
Short-term debt, including current portion of long-term debt	49.0	53.8
Salaries, wages and benefits	155.3	136.0
Income taxes payable	51.3	26.2
Other current liabilities	352.9	250.6
Total Current Liabilities	1,012.4	896.6
Non-Current Liabilities
Long-term debt	1,914.2	1,411.1
Accrued pension benefits	160.3	155.6
Accrued postretirement benefits	31.4	45.8
Long-term operating lease liabilities	65.2	77.6
Deferred income taxes	139.8	121.4
Other non-current liabilities	96.2	84.9
Total Non-Current Liabilities	2,407.1	1,896.4
Shareholders’ Equity
Class I and II Serial Preferred Stock without par value: Authorized – 10,000,000 shares each class, none issued	0.0	0.0
Stated capital	40.7	40.7
Other paid-in capital	829.6	786.9
Retained earnings	1,932.1	1,616.4
Accumulated other comprehensive loss	(181.9)	(23.0)
Treasury shares at cost (2022 – 5,188,257 shares; 2021 – 1,715,282 shares)	(352.2)	(126.1)
Total Shareholders’ Equity	2,268.3	2,294.9
Noncontrolling interest	84.6	82.8
Total Equity	2,352.9	2,377.7
Total Liabilities and Equity	$ 5,772.4	$ 5,170.7