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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 97.0 $ 124.4
Accounts receivable, net 304.2 266.8
Inventories, net 544.4 534.9
Income taxes receivable 20.8 19.7
Other current assets 38.8 28.9
Total current assets 1,005.2 974.7
Property, plant and equipment, net 872.4 874.9
Finance lease right-of-use assets 17.2 17.4
Operating lease right-of-use assets 33.7 35.8
Deferred income tax benefits 35.0 34.4
Investment in equity affiliates 59.8 59.1
Goodwill 871.0 847.2
Intangible assets, net 674.9 710.3
Other assets 105.6 115.4
Total assets 3,674.8 3,669.2
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Current debt 35.1 34.6
Finance lease liabilities 0.9 0.9
Operating lease liabilities 8.9 9.3
Accounts payable 253.5 225.7
Income taxes payable 15.6 11.4
Accrued expenses and other current liabilities 154.5 184.2
Total current liabilities 468.5 466.1
Long-term debt 1,697.9 1,659.3
Finance lease liabilities, noncurrent 17.8 17.6
Operating lease liabilities, noncurrent 27.3 29.7
Long-term income tax payable 14.6 14.6
Pension and other postretirement benefits 79.8 81.6
Deferred income tax liabilities 158.3 172.2
Other liabilities 51.3 48.8
Total liabilities 2,515.5 2,489.9
Stockholders’ equity:    
Preferred stock, $0.10 par value; 10,000,000 shares authorized; none issued or outstanding 0.0 0.0
Common stock, $0.10 par value; 100,000,000 shares authorized; 54,919,923 and 54,929,973 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 5.5 5.5
Additional paid-in-capital 662.4 658.5
Retained earnings 579.3 610.7
Accumulated other comprehensive loss, net of tax (87.9) (95.4)
Total stockholders’ equity 1,159.3 1,179.3
Total liabilities and stockholders’ equity $ 3,674.8 $ 3,669.2