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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 124.6 $ 66.4
Accounts receivable, net 274.8 430.7
Inventories 348.8 327.5
Other current assets 49.6 30.8
Total current assets 797.8 855.4
Total property, plant and equipment 584.7 599.6
Less: accumulated depreciation (422.1) (429.5)
Property, plant and equipment, net 162.6 170.1
Right of use asset, leases 92.2 91.0
Deferred income taxes 99.0 104.7
Goodwill 577.1 590.0
Identifiable intangibles, net 797.9 815.7
Other non-current assets 17.0 17.9
Total assets 2,543.6 2,644.8
Current liabilities:    
Notes payable 0.0 0.2
Current portion of long-term debt 57.3 36.5
Accounts payable 170.1 183.7
Accrued compensation 33.3 53.3
Accrued customer program liabilities 73.4 104.0
Lease liabilities 20.6 20.5
Other current liabilities 118.6 143.8
Total current liabilities 473.3 542.0
Long-term debt, net 897.5 882.2
Long-term lease liabilities 77.8 76.8
Deferred income taxes 119.9 125.6
Pension and post-retirement benefit obligations 148.2 157.6
Other non-current liabilities 68.4 73.6
Total liabilities 1,785.1 1,857.8
Stockholders' equity:    
Common stock 1.0 1.0
Treasury stock (47.0) (45.1)
Paid-in capital 1,918.8 1,913.4
Accumulated other comprehensive loss (544.6) (526.3)
Accumulated deficit (569.7) (556.0)
Total stockholders' equity 758.5 787.0
Total liabilities and stockholders' equity $ 2,543.6 $ 2,644.8