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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 253.3 $ 266.9
Trade receivables (net of allowance of $9.3 and $9.7 at June 30, 2022 and December 31, 2021, respectively) 558.9 507.7
Inventories 963.2 813.5
Prepaid and other current assets 133.8 179.7
Total current assets 1,909.2 1,767.8
Non-current assets    
Property, plant and equipment – net 441.8 429.6
Goodwill 267.4 280.1
Intangible assets – net 12.0 13.4
Other assets 363.3 372.6
Total assets 2,993.7 2,863.5
Current liabilities    
Current portion of long-term debt 2.1 5.6
Trade accounts payable 604.6 537.7
Accrued freight 52.4 36.2
Other current liabilities 295.9 330.4
Total current liabilities 955.0 909.9
Non-current liabilities    
Long-term debt, less current portion 826.1 668.5
Other non-current liabilities 163.7 175.5
Total liabilities 1,944.8 1,753.9
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value – authorized 300.0 shares; issued 84.0 and 83.4 shares at June 30, 2022 and December 31, 2021, respectively 0.9 0.9
Additional paid-in capital 867.0 860.0
Retained earnings 1,044.6 936.9
Accumulated other comprehensive income (loss) (320.9) (228.5)
Less cost of shares of common stock in treasury – 16.6 and 14.2 shares at June 30, 2022 and December 31, 2021, respectively (542.7) (459.7)
Total stockholders’ equity 1,048.9 1,109.6
Total liabilities and stockholders’ equity $ 2,993.7 $ 2,863.5