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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 218.4 $ 266.9
Trade receivables (net of allowance of $9.5 and $9.7 at March 31, 2022 and December 31, 2021, respectively) 525.6 507.7
Inventories 921.3 813.5
Prepaid and other current assets 169.8 179.7
Total current assets 1,835.1 1,767.8
Non-current assets    
Property, plant and equipment – net 433.9 429.6
Goodwill 275.4 280.1
Intangible assets – net 12.7 13.4
Other assets 382.8 372.6
Total assets 2,939.9 2,863.5
Current liabilities    
Current portion of long-term debt 1.9 5.6
Trade accounts payable 571.5 537.7
Other current liabilities 346.1 366.6
Total current liabilities 919.5 909.9
Non-current liabilities    
Long-term debt, less current portion 738.4 668.5
Other non-current liabilities 167.9 175.5
Total liabilities 1,825.8 1,753.9
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value – authorized 300.0 shares; issued 83.9 and 83.4 shares at March 31, 2022 and December 31, 2021, respectively 0.9 0.9
Additional paid-in capital 860.7 860.0
Retained earnings 979.5 936.9
Accumulated other comprehensive income (loss) (248.5) (228.5)
Less cost of shares of common stock in treasury – 14.6 and 14.2 shares at March 31, 2022 and December 31, 2021, respectively (478.5) (459.7)
Total stockholders’ equity 1,114.1 1,109.6
Total liabilities and stockholders’ equity $ 2,939.9 $ 2,863.5