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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 1,074.5 $ 964.1
Accounts receivable, less allowances of $5.3 and $5.1 597.5 600.8
Inventories 631.9 613.3
Other current assets 54.9 62.4
Total Current Assets 2,358.8 2,240.6
Property, Plant and Equipment, Net 928.9 931.7
Equity Investment in Affiliates 10.9 11.1
Trade Names and Other Intangibles, Net 2,860.0 2,888.5
Goodwill 2,433.2 2,433.2
Other Assets 364.1 378.0
Total Assets 8,955.9 8,883.1
Current Liabilities    
Accounts payable 701.2 705.1
Accrued expenses and other liabilities 460.0 605.5
Income taxes payable 46.8 5.3
Total Current Liabilities 1,208.0 1,315.9
Long-term Debt 2,205.2 2,204.6
Deferred Income Taxes 664.9 669.2
Deferred and Other Long-term Liabilities 326.8 332.6
Total Liabilities 4,404.9 4,522.3
Commitments and Contingencies
Stockholders' Equity    
Preferred Stock, $1.00 par value, Authorized 2,500,000 shares; none issued 0.0 0.0
Common Stock, $1.00 par value, Authorized 600,000,000 shares and 293,709,982 shares issued as of March 31, 2025 and December 31, 2024 293.7 293.7
Additional paid-in capital 590.3 563.1
Retained earnings 6,467.2 6,319.7
Accumulated other comprehensive loss (26.1) (30.9)
Common stock in treasury, at cost: 47,481,238 shares as of March 31, 2025 and 47,830,141 shares as of December 31, 2024 (2,774.1) (2,784.8)
Total Stockholders' Equity 4,551.0 4,360.8
Total Liabilities and Stockholders' Equity $ 8,955.9 $ 8,883.1