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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 127.1 $ 62.2
Accounts receivable, net 303.8 384.1
Inventories 422.5 395.2
Other current assets 41.2 40.8
Total current assets 894.6 882.3
Total property, plant and equipment 594.7 589.2
Less: accumulated depreciation (414.8) (404.1)
Property, plant and equipment, net 179.9 185.1
Right of use asset, leases 87.4 88.8
Deferred income taxes 101.2 99.7
Goodwill 671.9 671.5
Identifiable intangibles, net 842.4 847.0
Other non-current assets 15.4 20.3
Total assets 2,792.8 2,794.7
Current liabilities:    
Notes payable 9.1 10.3
Current portion of long-term debt 47.3 49.7
Accounts payable 204.5 239.5
Accrued compensation 31.9 38.3
Accrued customer program liabilities 74.2 103.3
Lease liabilities 21.1 21.2
Other current liabilities 116.3 126.7
Total current liabilities 504.4 589.0
Long-term debt, net 1,035.0 936.5
Long-term lease liabilities 73.8 75.2
Deferred income taxes 137.3 144.1
Pension and post-retirement benefit obligations 152.9 155.5
Other non-current liabilities 79.6 84.3
Total liabilities 1,983.0 1,984.6
Stockholders' equity:    
Common stock 1.0 1.0
Treasury stock (45.0) (43.4)
Paid-in capital 1,903.3 1,897.2
Accumulated other comprehensive loss (533.8) (540.3)
Accumulated deficit (515.7) (504.4)
Total stockholders' equity 809.8 810.1
Total liabilities and stockholders' equity $ 2,792.8 $ 2,794.7