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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 167.8 $ 159.8
Accounts receivable, net 145.5 135.3
Contract assets 26.7 23.7
Inventories, net 142.9 142.3
Asbestos-related insurance recoverables, current portion 4.3 4.3
Other current assets 17.8 28.5
Total current assets 505.0 493.9
Property, plant and equipment, net of accumulated depreciation of $428.1 and $390.8 378.7 365.1
Operating lease right-of-use assets 22.0 24.1
Goodwill 303.5 357.6
Other intangible assets, net of amortization 102.1 110.3
Asbestos-related insurance recoverables, non-current portion 48.0 48.0
Deferred income taxes 66.8 61.5
Other long-term assets 19.9 20.6
Total assets 1,446.0 1,481.1
Current liabilities    
Accounts payable 49.7 48.1
Accrued employee benefits and compensation 45.1 41.5
Accrued income taxes payable 6.9 7.7
Operating lease obligations, current portion 4.1 4.0
Asbestos-related liabilities, current portion 5.4 5.4
Other accrued liabilities 18.8 16.8
Total current liabilities 130.0 123.5
Operating lease obligations, non-current portion 18.9 20.6
Asbestos-related liabilities, non-current portion 51.8 52.1
Non-current income tax 7.5 5.7
Deferred income taxes 18.7 18.0
Other long-term liabilities 16.4 9.6
Commitments and contingencies (Note 5 and Note 9)
Shareholders’ equity    
Capital stock - $1 par value; 50.0 authorized shares; 17.9 and 18.5 shares issued and outstanding 17.9 18.5
Additional paid-in capital 117.3 147.3
Retained earnings 1,114.7 1,181.1
Accumulated other comprehensive loss (47.2) (95.3)
Total shareholders' equity 1,202.7 1,251.6
Total liabilities and shareholders' equity $ 1,446.0 $ 1,481.1