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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 453.4 $ 642.5
Accounts receivable less allowances for discounts and credit losses 578.6 521.8
Inventories 930.0 1,021.3
Other current assets 187.7 274.8
Total current assets 2,149.7 2,460.4
Property, plant and equipment, net of accumulated depreciation 929.2 783.7
Operating lease assets 123.2 118.9
Goodwill [1] 1,904.2 1,640.7
Other intangible assets, net of accumulated amortization 1,400.0 1,000.8
Other assets 111.8 116.4
Total assets 6,618.1 6,120.9
Current liabilities    
Short-term debt 0.0 599.2
Accounts payable 570.4 421.6
Other current liabilities 621.7 523.9
Total current liabilities 1,192.1 1,544.7
Long-term debt 2,829.3 2,074.3
Deferred income taxes 125.5 136.9
Accrued defined benefit plans 59.7 79.9
Operating lease liabilities 92.1 95.4
Other non-current liabilities 100.4 102.8
Total liabilities 4,399.1 4,034.0
Commitments and contingencies (see Note 17)
Stockholders' equity    
Common stock [2] 1.9 1.9
Paid-in capital 3,116.8 3,069.6
Accumulated other comprehensive loss 36.6 37.4
Retained earnings 2,554.2 2,323.8
Treasury stock (3,490.5) (3,345.8)
Total stockholders' equity 2,219.0 2,086.9
Total liabilities and equity $ 6,618.1 $ 6,120.9
[1] Net of accumulated impairment losses of $399.5 million in the Outdoors segment.
[2] Common stock, par value $0.01 per share; 186.9 million shares and 186.2 million shares issued at September 30, 2023 and December 31, 2022, respectively.