Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Assets
Cash and cash equivalents	$ 76.7	$ 275.4
Accounts receivable, net of allowance for credit losses of $0.5 million - 2022 and $2.0 million - 2021	224.8	161.7
Inventories, net	335.0	241.2
Prepaid and other current assets	42.5	46.6
Current assets	679.0	724.9
Property, plant, and equipment, net	798.6	719.7
Operating lease assets, net	56.6	52.4
Goodwill	518.5	442.0
Other intangibles, net	404.8	337.6
Deferred income taxes	5.7	6.8
Restricted investment, net of allowance for credit losses of $0.6 million - 2022 and $0.5 million - 2021	78.0	76.1
Investments	109.8	35.3
Other assets	85.5	74.2
Total Assets	2,736.5	2,469.0
Liabilities
Accounts payable	174.8	125.8
Accrued expenses	54.4	51.7
Accrued payroll and employee benefits	53.3	48.2
Current operating lease liabilities	16.5	17.4
Notes payable and current maturities of long-term debt	0.9	19.6
Income taxes payable	3.6	6.2
Current liabilities	303.5	268.9
Long-term debt including finance lease obligations	1,472.5	1,250.0
Noncurrent operating lease liabilities	40.8	36.2
Deferred income taxes	106.5	114.6
Other liabilities	114.9	125.5
Total Liabilities	2,038.2	1,795.2
Commitments and contingencies (Note 18)
Equity
Preferred stock (par value $0.01 per share; 50,000,000 shares authorized; zero issued and outstanding at 2022 and 2021)	0.0	0.0
Common stock (par value $0.01 per share; 300,000,000 shares authorized; 43,228,172 and 43,102,011 issued and 37,298,989 and 39,269,399 outstanding at 2022 and 2021, respectively)	0.4	0.4
Additional paid-in capital	153.0	136.3
Retained earnings	1,007.7	796.1
Accumulated other comprehensive income (loss)	(46.8)	13.1
Treasury stock, common stock, at cost (5,929,183 and 3,832,612 shares at 2022 and 2021, respectively)	(416.0)	(272.1)
Total Equity	698.3	673.8
Total Liabilities and Equity	$ 2,736.5	$ 2,469.0

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).