XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 329.8 $ 334.4
Accounts receivable, net 119.5 137.1
Inventories 145.9 151.9
Prepaid expenses and other current assets 41.3 44.9
Current assets of discontinued operation 0.0 15.9
Total current assets 636.5 684.2
Property, plant and equipment, net 186.0 185.2
Goodwill 805.2 863.8
Other intangible assets, net 749.6 799.8
Other assets 124.0 114.8
Total assets 2,501.3 2,647.8
Current liabilities    
Current maturities of long-term debt 8.1 15.6
Accounts payable 63.6 73.4
Accrued expenses 123.4 120.2
Current liabilities of discontinued operation 0.0 2.3
Total current liabilities 195.1 211.5
Long-term debt 640.5 775.1
Deferred taxes and non-current income taxes payable 133.7 136.5
Other liabilities 106.2 111.7
Total liabilities 1,075.5 1,234.8
Commitments and contingencies
Redeemable non-controlling interests 17.9 17.9
Shareholders’ equity    
Common stock – $.01 par value; 100,000,000 shares authorized; issued, 21,085,515 shares in 2023 and 20,996,739 shares in 2022 0.2 0.2
Additional paid-in capital 302.5 299.2
Retained earnings 1,139.0 1,130.2
Accumulated other comprehensive loss (32.6) (33.3)
Common stock held in treasury, at cost – 178,408 shares in 2023 and 179,345 shares in 2022 (1.2) (1.2)
Total shareholders’ equity 1,407.9 1,395.1
Total liabilities and equity $ 2,501.3 $ 2,647.8