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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 124.4 $ 74.7
Accounts receivable, net 266.8 238.0
Inventories, net 534.9 259.5
Income taxes receivable 19.7 10.0
Other current assets 28.9 12.4
Total current assets 974.7 594.6
Property, plant and equipment, net 874.9 461.7
Finance lease right-of-use assets 17.4 2.2
Operating lease right-of-use assets 35.8 25.1
Deferred income tax benefits 34.4 33.9
Investment in equity affiliates 59.1 64.6
Goodwill 847.2 648.3
Intangible assets, net 710.3 513.9
Other assets 115.4 76.0
Total assets 3,669.2 2,420.3
Current liabilities    
Long-term debt 34.6 2.7
Finance lease liabilities 0.9 0.5
Operating lease liabilities 9.3 7.3
Accounts payable 225.7 116.0
Income taxes payable 11.4 2.6
Accrued expenses and other current liabilities 184.2 102.0
Total current liabilities 466.1 231.1
Long-term debt 1,659.3 1,264.8
Finance lease liabilities, noncurrent 17.6 2.3
Operating lease liabilities, noncurrent 29.7 18.7
Long-term income tax payable 14.6 16.6
Pension and other postretirement benefits 81.6 39.0
Deferred Income Tax Liabilities, Net 172.2 95.1
Other liabilities 48.8 70.5
Total liabilities 2,489.9 1,738.1
Stockholders' equity:    
Preferred stock, $0.10 par value per share; 10,000,000 shares authorized; none issued or outstanding 0.0 0.0
Common stock, $0.10 par value per share; 100,000,000 shares authorized; 54,929,973 and 31,449,563 shares issued and outstanding at December 31, 2022 and 2021, respectively 5.5 3.1
Additional paid-in-capital 658.5 101.7
Retained earnings 610.7 696.4
Accumulated other comprehensive loss, net of tax (95.4) (119.0)
Total stockholders' equity 1,179.3 682.2
Total liabilities and stockholders' equity $ 3,669.2 $ 2,420.3