XML 10 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 134.6 $ 74.1
Accounts receivable, net 246.4 348.9
Inventories 314.7 270.4
Other current assets 47.0 38.1
Total current assets 742.7 731.5
Total property, plant and equipment 503.7 505.5
Less: accumulated depreciation (364.5) (368.0)
Property, plant and equipment, net 139.2 137.5
Right of use asset, leases 84.4 81.0
Deferred income taxes 92.3 89.3
Goodwill 468.7 446.4
Identifiable intangibles, net 713.6 709.6
Other non-current assets 27.7 33.1
Total assets 2,268.6 2,228.4
Current liabilities:    
Notes payable 8.7 10.5
Current portion of long-term debt 25.2 40.8
Accounts payable 173.7 167.3
Accrued compensation 29.9 43.2
Accrued customer program liabilities 54.6 78.5
Lease liabilities 22.5 21.5
Other current liabilities 106.8 128.5
Total current liabilities 421.4 490.3
Long-term debt, net 897.8 783.3
Long-term lease liabilities 69.1 66.9
Deferred income taxes 110.6 111.9
Pension and post-retirement benefit obligations 118.2 117.2
Other non-current liabilities 45.4 52.7
Total liabilities 1,662.5 1,622.3
Stockholders' equity:    
Common stock 1.0 1.0
Treasury stock (47.8) (47.0)
Paid-in capital 1,905.5 1,911.8
Accumulated other comprehensive loss (544.1) (572.1)
Accumulated deficit (708.5) (687.6)
Total stockholders' equity 606.1 606.1
Total liabilities and stockholders' equity $ 2,268.6 $ 2,228.4