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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 572.9 $ 665.0
Trade receivables (net of allowance of $10.1 and $9.5 at March 31, 2021 and December 31, 2020, respectively) 488.3 381.2
Inventories 658.8 610.4
Prepaid and other current assets 181.9 222.0
Total current assets 1,901.9 1,878.6
Non-current assets    
Property, plant and equipment – net 396.8 406.6
Goodwill 275.9 275.4
Intangible assets – net 7.9 8.3
Other assets 383.0 462.9
Total assets 2,965.5 3,031.8
Current liabilities    
Current portion of long-term debt 5.7 7.6
Trade accounts payable 474.0 369.9
Other current liabilities 358.3 345.8
Total current liabilities 838.0 723.3
Non-current liabilities    
Long-term debt, less current portion 973.5 1,166.2
Other non-current liabilities 207.9 220.8
Total liabilities 2,019.4 2,110.3
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value – authorized 300.0 shares; issued 83.4 and 82.9 shares at March 31, 2021 and December 31, 2020, respectively 0.9 0.9
Additional paid-in capital 835.7 837.9
Retained earnings 781.7 750.3
Accumulated other comprehensive income (loss) (215.5) (208.4)
Less cost of shares of common stock in treasury – 14.2 and 14.3 shares at March 31, 2021 and December 31, 2020, respectively (456.7) (459.2)
Total stockholders’ equity 946.1 921.5
Total liabilities and stockholders’ equity $ 2,965.5 $ 3,031.8