Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current Assets
Cash and cash equivalents	$ 364.4	$ 373.2
Restricted cash	1.0	0.4
Accounts receivable, net	689.4	664.6
Unbilled receivables	137.6	140.8
Inventories, net	1,243.3	1,195.6
Deferred charges and prepaid expenses	45.7	39.5
Other current assets	119.4	102.8
Total Current Assets	2,600.8	2,516.9
Property, Plant and Equipment, Net	1,357.6	1,306.9
Other Assets
Goodwill	1,486.4	1,383.3
Other intangible assets, net	1,002.3	1,006.5
Operating lease assets	152.9	130.6
Deferred income taxes	53.2	41.0
Other non-current assets	23.6	25.8
Total Other Assets	2,718.4	2,587.2
Total Assets	6,676.8	6,411.0
Current Liabilities
Accounts payable, trade	353.2	321.7
Short-term debt, including current portion of long-term debt	38.9	13.0
Salaries, wages and benefits	157.5	142.2
Income taxes payable	31.4	24.4
Other current liabilities	341.1	319.2
Total Current Liabilities	922.1	820.5
Non-Current Liabilities
Long-term debt	1,883.1	2,049.7
Accrued pension benefits	148.9	157.7
Accrued postretirement benefits	29.3	29.8
Long-term operating lease liabilities	100.8	84.0
Deferred income taxes	146.7	175.0
Other non-current liabilities	100.2	110.2
Total Non-Current Liabilities	2,409.0	2,606.4
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
Common stock without par value: Authorized - 200,000,000 shares Issued (including shares in treasury) (2025 – 79,611,543 shares; 2024 – 79,173,667 shares) Stated capital	40.7	40.7
Other paid-in capital	1,299.5	1,269.3
Retained earnings	2,678.9	2,488.8
Accumulated other comprehensive loss	(96.5)	(301.7)
Treasury shares at cost (2025 – 10,076,175 shares; 2024 – 9,174,863 shares)	(738.0)	(670.6)
Total Shareholders’ Equity	3,184.6	2,826.5
Noncontrolling interest	161.1	157.6
Total Equity	3,345.7	2,984.1
Total Liabilities and Equity	$ 6,676.8	$ 6,411.0