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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 355.5 $ 805.9
Receivables, net 1,367.2 1,162.0
Unbilled receivables, net 673.5 586.3
Inventories 1,900.2 1,865.6
Income taxes receivable 15.7 21.6
Other current assets 74.7 90.7
Total current assets 4,386.8 4,532.1
Property, plant and equipment, net 890.5 826.2
Goodwill 1,151.9 1,042.0
Purchased intangible assets, net 533.4 457.0
Deferred income taxes 198.3 134.8
Deferred contract costs 550.9 415.8
Other long-term assets 332.5 321.1
Total assets 8,044.3 7,729.0
Current liabilities:    
Revolving credit facilities   9.7
Accounts payable 1,067.6 1,129.0
Customer advances 628.7 696.7
Payroll-related obligations 165.0 119.5
Income taxes payable 149.1 100.3
Other current liabilities 407.6 373.4
Total current liabilities 2,418.0 2,428.6
Long-term debt, less current maturities 597.3 595.0
Long-term customer advances 1,101.8 1,020.5
Deferred income taxes 18.3  
Other long-term liabilities 512.1 499.2
Commitments and contingencies
Shareholders’ equity:    
Preferred Stock ($0.01 par value; 2,000,000 shares authorized; none issued and outstanding)
Common Stock ($0.01 par value; 300,000,000 shares authorized; 75,101,465 shares issued) 0.7 0.7
Additional paid-in capital 816.1 806.0
Retained earnings 3,524.9 3,315.0
Accumulated other comprehensive loss (83.2) (92.3)
Common Stock in treasury, at cost (9,803,380 and 9,629,317 shares, respectively) (861.7) (843.7)
Total shareholders’ equity 3,396.8 3,185.7
Total liabilities and shareholders’ equity $ 8,044.3 $ 7,729.0