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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 02, 2021
Dec. 31, 2020
Current assets:    
Cash and equivalents $ 560.1 $ 68.3
Accounts receivable, net 212.1 221.0
Contract assets 23.7 32.5
Inventories, net 170.3 143.1
Other current assets (includes income taxes receivable of $2.6 and $27.3 at October 2, 2021 and December 31, 2020, respectively) 80.3 96.1
Assets of discontinued operations 0.0 121.6
Total current assets 1,046.5 682.6
Property, plant and equipment:    
Land 14.0 12.9
Buildings and leasehold improvements 61.7 64.9
Machinery and equipment 230.2 215.6
Property, plant and equipment, gross 305.9 293.4
Accumulated depreciation (197.9) (183.4)
Property, plant and equipment, net 108.0 110.0
Goodwill 404.0 368.6
Intangibles, net 337.2 305.0
Other assets 590.9 609.8
Deferred income taxes 3.2 23.9
Assets of discontinued operations 0.0 219.1
TOTAL ASSETS 2,489.8 2,319.0
Current liabilities:    
Accounts payable 112.3 104.6
Contract liabilities 50.7 46.3
Accrued expenses 240.6 209.4
Income taxes payable 60.2 0.4
Short-term debt 2.3 101.2
Current maturities of long-term debt 11.4 7.2
Liabilities of discontinued operations 0.0 115.8
Total current liabilities 477.5 584.9
Long-term debt 233.9 304.0
Deferred and other income taxes 21.3 23.5
Other long-term liabilities 696.8 746.7
Liabilities of discontinued operations 0.0 30.7
Total long-term liabilities 952.0 1,104.9
Commitments and contingent liabilities (Note 15)
Equity:    
Common stock (52,921,832 and 45,372,991 issued and outstanding at October 2, 2021, respectively, and 52,704,973 and 45,032,325 issued and outstanding at December 31, 2020, respectively) 0.5 0.5
Paid-in capital 1,328.2 1,319.9
Retained deficit (68.7) (488.1)
Accumulated other comprehensive income 244.5 248.5
Common stock in treasury (7,548,841 and 7,672,648 shares at October 2, 2021 and December 31, 2020, respectively) (444.2) (451.6)
Total equity 1,060.3 629.2
TOTAL LIABILITIES AND EQUITY $ 2,489.8 $ 2,319.0