Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 77.9	$ 76.7
Accounts receivable, net of allowance for credit losses of $0.5 - 2023 and $0.5 - 2022	240.4	224.8
Inventories, net	361.4	335.0
Prepaid and other current assets	36.6	42.5
Current assets	716.3	679.0
Property, plant, and equipment, net	804.6	798.6
Operating lease assets, net	56.3	56.6
Goodwill	522.0	518.5
Other intangibles, net	398.7	404.8
Deferred income taxes	7.4	5.7
Restricted investment, net of allowance for credit losses of $0.4 - 2023 and $0.6 - 2022	78.8	78.0
Strategic investments	98.9	109.8
Other assets	89.2	85.5
Total Assets	2,772.2	2,736.5
Liabilities
Accounts payable	173.9	174.8
Accrued expenses	54.6	54.4
Accrued payroll and employee benefits	21.7	53.3
Current operating lease liabilities	16.3	16.5
Notes payable and current maturities of long-term debt	0.9	0.9
Income taxes payable	11.4	3.6
Current liabilities	278.8	303.5
Long-term debt including finance lease obligations	1,502.5	1,472.5
Noncurrent operating lease liabilities	40.5	40.8
Deferred income taxes	107.5	106.5
Other liabilities	117.2	114.9
Total Liabilities	2,046.5	2,038.2
Commitments and contingencies (Note 13)
Equity
Preferred stock (par value $0.01 per share; 50,000,000 shares authorized; zero issued and outstanding - 2023 and 2022)	0.0	0.0
Common stock (par value $0.01 per share; 300,000,000 shares authorized; issued: 43,408,407 - 2023 and 43,228,172 - 2022; outstanding: 36,989,048 - 2023 and 37,298,989 - 2022)	0.4	0.4
Additional paid-in capital	158.9	153.0
Retained earnings	1,058.4	1,007.7
Accumulated other comprehensive income (loss)	(38.8)	(46.8)
Treasury stock, common stock, at cost (6,419,359 shares - 2023 and 5,929,183 shares - 2022)	(453.2)	(416.0)
Total Equity	725.7	698.3
Total Liabilities and Equity	$ 2,772.2	$ 2,736.5

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).