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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 902.6 $ 704.2
Inventories 444.9 402.6
Prepaid expenses and other current assets 137.8 116.4
Total current assets 1,860.9 1,582.9
Property, plant and equipment, net 702.9 664.9
Other intangible assets, net 99.6 98.7
Goodwill 51.7 51.7
Deferred tax assets 144.4 1.8
Other assets (includes $14.1 and $31.3 at fair value) 165.9 188.2
Total assets 3,025.4 2,588.2
Current Liabilities    
Accounts payable 40.3 19.2
Current portion of long-term debt 42.0 49.4
Total current liabilities 506.2 451.2
Long-term debt, net 1,356.3 1,366.4
Other liabilities 44.9 37.9
Total liabilities 1,907.4 1,855.5
Commitments and contingencies (Note 12)
Stockholders’ Equity    
Preferred stock, $.001 par value, 5,000,000 authorized; none issued and outstanding 0.0 0.0
Common stock, $.001 par value, 100,000,000 authorized; 70,141,692 and 69,907,289 issued and outstanding 0.1 0.1
Additional paid-in capital 1,158.6 1,102.6
Accumulated deficit (60.4) (378.0)
Accumulated other comprehensive income 19.7 8.0
Total stockholders’ equity 1,118.0 732.7
Total liabilities and stockholders’ equity 3,025.4 2,588.2
Nonrelated Party    
Current Assets    
Accounts receivable, net 261.7 240.2
Current Liabilities    
Accrued expenses and other current liabilities 414.2 373.7
Related Party    
Current Assets    
Accounts receivable, net 113.9 119.5
Current Liabilities    
Accrued expenses and other current liabilities $ 9.7 $ 8.9