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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 430.2 $ 642.6
Accounts receivable, net 155.9 158.4
Inventories, net 367.9 351.8
Prepaid expenses and other current assets 41.7 57.9
Assets held for sale 225.6 0.0
Total current assets 1,221.3 1,210.7
Property, plant and equipment, net 716.8 817.6
Intangible assets, net 608.9 728.8
Goodwill 218.2 218.2
Other assets 184.6 191.3
Total assets 2,949.8 3,166.6
Current liabilities:    
Accounts payable 124.2 103.5
Accrued expenses 21.3 34.9
Accrued compensation 56.8 88.3
Debt, current portion 950.7 957.3
Other current liabilities 25.2 45.9
Liabilities held for sale 37.5 0.0
Total current liabilities 1,215.7 1,229.9
Debt, net of current portion 447.7 448.5
Deferred tax liability 59.7 71.8
Other liabilities 24.1 33.4
Total liabilities 1,747.2 1,783.6
Stockholders' equity:    
Preferred stock, $0.001 par value; 15.0 shares authorized, no shares issued or outstanding 0.0 0.0
Common stock, $0.001 par value; 200.0 shares authorized, 56.0 and 55.7 shares issued; 50.4 and 50.1 shares outstanding, respectively 0.1 0.1
Treasury stock, at cost, 5.6 and 5.6 common shares, respectively (227.7) (227.7)
Additional paid-in capital 878.2 873.5
Accumulated other comprehensive income, net 1.0 3.1
Retained earnings 551.0 734.0
Total stockholders’ equity 1,202.6 1,383.0
Total liabilities and stockholders’ equity $ 2,949.8 $ 3,166.6