Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 561.0	$ 548.7
Trade receivables, net of allowance for credit losses of $11.1 in 2021 and $11.7 in 2020	620.3	541.0
Income tax receivables	28.8	71.2
Other receivables	83.7	69.5
Inventories, net of inventory reserves of $24.1 in 2021 and $21.1 in 2020	725.7	596.7
Assets held for sale	0.0	0.3
Prepaid expenses and other current assets	50.1	54.1
Total current assets	2,069.6	1,881.5
Property and equipment, net	1,232.0	1,189.7
Goodwill	2,189.4	2,222.6
Identifiable intangible assets, net	152.6	171.0
Deferred taxes	138.4	187.1
Non-current assets held for sale	1.5	0.0
Operating lease right-of-use-assets	63.8	76.1
Other non-current assets	382.0	355.8
Total assets	6,229.3	6,083.8
Current liabilities:
Short-term borrowings	1.3	7.2
Current portion of long-term debt	487.2	22.3
Current portion of operating lease liabilities	21.2	24.3
Accounts payable	959.9	754.2
Accrued restructuring costs	10.2	12.2
Income tax payable	22.7	19.9
Other current liabilities	504.8	527.3
Total current liabilities	2,007.3	1,367.4
Long-term debt, less current portion	3,219.6	3,731.4
Long-term operating lease liabilities, less current portion	44.5	53.2
Deferred taxes	46.7	31.0
Non-current liabilities held for sale	0.9	0.0
Other non-current liabilities	661.6	728.3
Total liabilities	5,980.6	5,911.3
Commitments and Contingencies - Note 20
Stockholders’ equity:
Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2021 and 2020	0.0	0.0
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 232,483,281 in 2021 and 231,958,083 in 2020; shares outstanding: 148,099,157 in 2021 and 154,889,772 in 2020	23.2	23.2
Additional paid-in capital	2,123.4	2,093.0
Retained earnings	2,790.7	2,400.7
Treasury Stock, Value	(3,754.7)	(3,380.9)
Accumulated other comprehensive loss, net of taxes:
Unrecognized pension items	(137.5)	(172.5)
Cumulative translation adjustment	(760.5)	(721.7)
Unrealized net loss on net investment hedges	(38.3)	(67.5)
Unrealized net gain (loss) on cash flow hedges	2.4	(1.8)
Total accumulated other comprehensive loss, net of taxes	(933.9)	(963.5)
Total stockholders’ equity	248.7	172.5
Total liabilities and stockholders’ equity	$ 6,229.3	$ 6,083.8