CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current Assets
Cash and cash equivalents	$ 174.5	$ 239.6
Marketable securities	18.7	36.5
Receivables	582.3	541.4
Inventories	479.3	532.1
Other current assets	36.7	43.3
Total Current Assets	1,291.5	1,392.9
Net property, plant and equipment	635.1	628.7
Goodwill	710.6	761.7
Other intangibles	362.3	321.1
Operating lease assets	46.3	32.8
Other assets	97.0	102.8
Total Assets	3,142.8	3,240.0
Current Liabilities
Trade payables	504.1	588.7
Accrued payroll and benefits	93.6	78.5
Accrued liabilities	147.5	153.0
Product warranties	75.0	67.0
Long-term debt due within one year	42.3	10.0
Total Current Liabilities	862.5	897.2
Long-term debt	112.7	183.2
Product warranties	134.7	123.4
Pension liabilities	7.4	11.0
Long-term operating lease liabilities	37.1	23.5
Other liabilities	130.4	118.2
Total Liabilities	1,284.8	1,356.5
Commitments and contingencies	0.0	0.0
Stockholders’ Equity
Preferred Stock	0.0	0.0
Capital in excess of par value	614.4	601.3
Retained earnings	3,951.8	3,601.3
Accumulated other comprehensive loss	(98.6)	(111.9)
Treasury stock at cost	(2,904.3)	(2,502.0)
Total Stockholders’ Equity	1,858.0	1,883.5
Total Liabilities and Stockholders’ Equity	3,142.8	3,240.0
Class A Common Stock
Stockholders’ Equity
Common stock, value	130.0	130.1
Common Stock
Stockholders’ Equity
Common stock, value	$ 164.7	$ 164.7

Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).