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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 369.8 $ 334.4
Accounts receivable, less allowance for doubtful accounts of $2.0 in 2023 and of $2.9 in 2022 116.7 137.1
Inventories 142.6 151.9
Prepaid expenses and other current assets 21.2 44.9
Current assets of discontinued operation 0.0 15.9
Total current assets 650.3 684.2
Property, plant and equipment, net 193.8 185.2
Goodwill 808.4 863.8
Other intangible assets, net 733.5 799.8
Other assets 113.5 114.8
Total assets 2,499.5 2,647.8
Current liabilities    
Current maturities of long-term debt 8.1 15.6
Accounts payable 68.7 73.4
Accrued expenses 119.6 120.2
Current liabilities of discontinued operation 0.0 2.3
Total current liabilities 196.4 211.5
Long-term debt 638.7 775.1
Deferred taxes and non-current income taxes payable 120.7 136.5
Other liabilities 116.1 111.7
Total liabilities 1,071.9 1,234.8
Commitments and contingent liabilities
Redeemable non-controlling interest 17.9 17.9
Shareholders’ equity    
Common stock – $.01 par value; 100,000,000 shares authorized; issued 21,086,678 shares at December 31, 2023 and 20,996,739 shares at December 31, 2022 0.2 0.2
Additional paid-in capital 304.9 299.2
Retained earnings 1,128.0 1,130.2
Accumulated other comprehensive loss (22.2) (33.3)
Common stock held in treasury, at cost – 178,151 shares at December 31, 2023 and 179,345 shares at December 31, 2022 (1.2) (1.2)
Total shareholders’ equity 1,409.7 1,395.1
Total liabilities and equity $ 2,499.5 $ 2,647.8