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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 102.0 $ 66.4
Accounts receivable, net 325.7 430.7
Inventories 324.8 327.5
Other current assets 41.5 30.8
Total current assets 794.0 855.4
Total property, plant and equipment 577.6 599.6
Less: accumulated depreciation (423.9) (429.5)
Property, plant and equipment, net 153.7 170.1
Right of use asset, leases 86.3 91.0
Deferred income taxes 102.7 104.7
Goodwill 459.0 590.0
Identifiable intangibles, net 740.9 815.7
Other non-current assets 20.9 17.9
Total assets 2,357.5 2,644.8
Current liabilities:    
Notes payable 7.9 0.2
Current portion of long-term debt 51.3 36.5
Accounts payable 182.4 183.7
Accrued compensation 42.4 53.3
Accrued customer program liabilities 77.4 104.0
Lease liabilities 22.3 20.5
Other current liabilities 114.0 143.8
Total current liabilities 497.7 542.0
Long-term debt, net 849.8 882.2
Long-term lease liabilities 71.3 76.8
Deferred income taxes 118.1 125.6
Pension and post-retirement benefit obligations 143.9 157.6
Other non-current liabilities 61.2 73.6
Total liabilities 1,742.0 1,857.8
Stockholders' equity:    
Common stock 1.0 1.0
Treasury stock (47.0) (45.1)
Paid-in capital 1,911.1 1,913.4
Accumulated other comprehensive loss (548.9) (526.3)
Accumulated deficit (700.7) (556.0)
Total stockholders' equity 615.5 787.0
Total liabilities and stockholders' equity $ 2,357.5 $ 2,644.8