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v3.23.3

Supplemental Balance Sheet Information (Tables) | 9 Months Ended
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Sep. 30, 2023
Disclosure Supplemental Balance Sheet Information [Abstract] |
Supplemental Balance Sheet Information |
In millions | September 30, 2023 | December 31, 2022
Inventories |  |
Raw materials and supplies | $ | 182.2 |  | $ | 112.9 |
Work-in-process | 36.9 |  | 36.2 |
Finished goods | 245.8 |  | 197.6 |
Total inventories | $ | 464.9 |  | $ | 346.7 |
Other current assets |  |
Contract assets | $ | 44.2 |  | $ | 45.6 |
Prepaid expenses | 62.5 |  | 44.9 |
Prepaid income taxes | 19.8 |  | 4.1 |
Cross currency swap assets | — |  | 14.5 |
Other current assets | 4.3 |  | 3.4 |
Total other current assets | $ | 130.8 |  | $ | 112.5 |
Property, plant and equipment, net |  |
Land and land improvements | $ | 42.5 |  | $ | 38.6 |
Buildings and leasehold improvements | 205.5 |  | 180.5 |
Machinery and equipment | 572.0 |  | 500.4 |
Construction in progress | 35.4 |  | 34.7 |
Total property, plant and equipment | 855.4 |  | 754.2 |
Accumulated depreciation and amortization | 483.5 |  | 465.0 |
Total property, plant and equipment, net | $ | 371.9 |  | $ | 289.2 |
Other non-current assets |  |
Deferred compensation plan assets | $ | 17.4 |  | $ | 16.7 |
Lease right-of-use assets | 92.8 |  | 76.4 |
Deferred tax assets | 17.1 |  | 16.3 |
Other non-current assets | 28.4 |  | 30.2 |
Total other non-current assets | $ | 155.7 |  | $ | 139.6 |
Other current liabilities |  |
Dividends payable | $ | 30.1 |  | $ | 30.4 |
Accrued rebates | 77.0 |  | 98.4 |
Contract liabilities | 18.7 |  | 22.7 |
Accrued taxes payable | 28.1 |  | 34.5 |
Accrued interest | 26.5 |  | 6.5 |
Current lease liabilities | 22.8 |  | 17.7 |
Other current liabilities | 68.1 |  | 62.9 |
Total other current liabilities | $ | 271.3 |  | $ | 273.1 |
Other non-current liabilities |  |
Income taxes payable | $ | 28.2 |  | $ | 29.8 |
Deferred compensation plan liabilities | 17.4 |  | 16.7 |
Non-current lease liabilities | 75.2 |  | 63.7 |
Other non-current liabilities | 18.8 |  | 14.5 |
Total other non-current liabilities | $ | 139.6 |  | $ | 124.7 |

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