CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 4.3	$ 2.3
Restricted cash	0.3	0.3
Accounts and other receivables, net of allowances of $0.6 and $0.7, respectively	60.9	59.9
Inventories	88.2	95.9
Current assets held-for-sale	23.4	8.9
Other current assets	1.5	1.5
Total current assets	178.6	168.8
Non-current assets
Property, plant and equipment, net	63.1	63.8
Right-of-use assets from operating leases	14.3	15.4
Goodwill	67.2	67.5
Intangibles, net	11.6	12.0
Deferred tax assets	3.5	3.9
Investments and loans to joint ventures and other affiliates	0.4	0.4
Pensions and other retirement benefits	41.1	40.3
Total assets	379.8	372.1
Current liabilities
Current maturities of long-term debt and short-term borrowing	0.2	4.6
Accounts payable	27.5	26.5
Accrued liabilities	23.2	20.9
Taxes on income	5.1	0.0
Current liabilities held-for-sale	9.4	3.9
Other current liabilities	9.4	8.9
Total current liabilities	74.8	64.8
Non-current liabilities
Long-term debt	74.0	67.6
Pensions and other retirement benefits	0.0	0.1
Deferred tax liabilities	10.2	10.2
Other non-current liabilities	14.5	16.8
Total liabilities	173.5	159.5
Commitments and contingencies (Note 16)
Shareholders' equity
Ordinary shares of £0.50 par value; authorized 40,000,000 shares for 2024 and 2023; issued and outstanding 28,944,000 for 2024 and 2023	26.5	26.5
Additional paid-in capital	224.2	223.5
Treasury shares	(23.6)	(22.9)
Company shares held by ESOP	(0.8)	(0.9)
Retained earnings	99.5	104.3
Accumulated other comprehensive loss	(119.5)	(117.9)
Total shareholders' equity	206.3	212.6
Total liabilities and shareholders' equity	$ 379.8	$ 372.1

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).