Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 346.1	$ 456.1
Trade receivables, net of allowance for credit losses of $14.9 in 2023 and $11.5 in 2022	442.6	592.4
Income tax receivables	44.9	40.3
Other receivables	94.2	91.5
Advances and deposits (Note 19)	72.8	12.7
Inventories, net of inventory reserves of $43.3 in 2023 and $28.9 in 2022 (Note 7)	774.3	866.3
Prepaid expenses and other current assets	188.4	57.5
Total current assets	1,963.3	2,116.8
Property and equipment, net (Note 8)	1,416.4	1,275.9
Goodwill (Note 9)	2,892.5	2,174.5
Identifiable intangible assets, net (Note 9)	439.0	138.4
Deferred taxes	130.8	141.5
Operating lease right-of-use-assets (Note 4)	86.5	70.2
Other non-current assets	272.1	297.4
Total assets	7,200.6	6,214.7
Current liabilities:
Short-term borrowings (Note 14)	140.7	6.6
Current portion of long-term debt (Note 14)	35.7	434.0
Current portion of operating lease liabilities (Note 4)	29.2	24.0
Accounts payable	764.6	865.6
Accrued restructuring costs (Note 12)	23.1	14.7
Income tax payable	28.7	19.9
Other current liabilities (Note 13)	487.0	717.0
Total current liabilities	1,509.0	2,081.8
Long-term debt, less current portion (Note 14)	4,513.9	3,237.9
Long-term operating lease liabilities, less current portion (Note 4)	66.7	49.6
Deferred taxes	35.8	33.4
Other non-current liabilities (Note 13)	525.7	467.9
Total liabilities	6,651.1	5,870.6
Commitments and contingencies (Note 20)
Stockholders’ equity:
Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2023 and 2022	0.0	0.0
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 154,054,011 in 2023 and 233,233,456 in 2022; shares outstanding: 144,467,719 in 2023 and 144,672,113 in 2022 (Note 21)	15.4	23.3
Additional paid-in capital	1,429.5	2,155.3
Retained earnings	496.5	3,163.4
Common stock in treasury, 9,586,292 shares in 2023 and 88,561,343 shares in 2022 (Note 21)	(436.4)	(4,019.1)
Accumulated other comprehensive loss, net of taxes:
Unrecognized pension items	(146.4)	(126.3)
Cumulative translation adjustment	(770.6)	(837.5)
Unrealized net loss on net investment hedges	(38.1)	(18.3)
Unrealized net (loss) gain on cash flow hedges	(0.4)	3.3
Total accumulated other comprehensive loss, net of taxes (Note 22)	(955.5)	(978.8)
Total stockholders’ equity	549.5	344.1
Total liabilities and stockholders’ equity	$ 7,200.6	$ 6,214.7