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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 266.9 $ 665.0
Trade receivables (net of allowance of $9.7 and $9.5 at December 31, 2021 and 2020, respectively) 507.7 381.2
Inventories 813.5 610.4
Prepaid and other current assets 179.7 222.0
Total current assets 1,767.8 1,878.6
Non-current assets    
Property, plant and equipment – net 429.6 406.6
Goodwill 280.1 275.4
Intangible assets – net 13.4 8.3
Other assets 372.6 462.9
Total assets 2,863.5 3,031.8
Current liabilities    
Current portion of long-term debt 5.6 7.6
Trade accounts payable 537.7 369.9
Accrued compensation and benefits 108.5 85.8
Accrued warranties and product liability 39.2 48.3
Other current liabilities 218.9 211.7
Total current liabilities 909.9 723.3
Non-current liabilities    
Long-term debt, less current portion 668.5 1,166.2
Other non-current liabilities 175.5 220.8
Total liabilities 1,753.9 2,110.3
Commitments and contingencies
Stockholders’ equity    
Common stock, $.01 par value – authorized 300.0 shares; issued 83.4 and 82.9 shares at December 31, 2021 and 2020, respectively 0.9 0.9
Additional paid-in capital 860.0 837.9
Retained earnings 936.9 750.3
Accumulated other comprehensive income (loss) (228.5) (208.4)
Less cost of shares of common stock in treasury – 14.2 and 14.3 shares at December 31, 2021 and 2020, respectively (459.7) (459.2)
Total stockholders’ equity 1,109.6 921.5
Total liabilities and stockholders’ equity $ 2,863.5 $ 3,031.8