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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 364.9 $ 370.7
Receivables (net of allowance of $9.1 and $8.3 at March 31, 2024 and December 31, 2023, respectively) 685.3 547.8
Inventories 1,217.6 1,186.0
Prepaid and other current assets 121.8 140.7
Total current assets 2,389.6 2,245.2
Non-current assets    
Property, plant and equipment – net 573.7 569.8
Goodwill 292.0 294.6
Intangible assets – net 14.8 15.7
Other assets 489.8 490.2
Total assets 3,759.9 3,615.5
Current liabilities    
Current portion of long-term debt 3.2 2.8
Trade accounts payable 699.3 702.6
Other current liabilities 402.7 413.8
Total current liabilities 1,105.2 1,119.2
Non-current liabilities    
Long-term debt, less current portion 720.9 620.4
Other non-current liabilities 201.9 203.6
Total liabilities 2,028.0 1,943.2
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value – authorized 300.0 shares; issued 85.1 and 84.6 shares at March 31, 2024 and December 31, 2023, respectively 0.9 0.9
Additional paid-in capital 900.1 906.1
Retained earnings 1,771.7 1,674.8
Accumulated other comprehensive income (loss) (315.9) (287.1)
Less cost of shares of common stock in treasury – 18.5 shares at March 31, 2024 and December 31, 2023 (624.9) (622.4)
Total stockholders’ equity 1,731.9 1,672.3
Total liabilities and stockholders’ equity $ 3,759.9 $ 3,615.5