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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 69.4 $ 300.7
Accounts receivable, net 422.6 419.5
Inventories 555.0 463.9
Prepaid expenses and other current assets 148.2 91.5
Total Current Assets 1,195.2 1,275.6
Property, plant and equipment, net 791.1 583.5
Goodwill 1,062.3 1,107.4
Other intangible assets, net 715.8 750.9
Operating lease right-of-use assets 506.8 480.6
Deferred income taxes 11.3 13.6
Other non-current assets 77.3 111.8
Total Assets 4,359.8 4,323.4
Current Liabilities:    
Accounts payable 359.8 432.0
Accrued expenses and other current liabilities 432.7 456.8
Operating lease obligations 105.5 101.7
Income taxes payable 12.8 9.9
Current portion of long-term debt 70.4 53.0
Total Current Liabilities 981.2 1,053.4
Long-term debt, net 2,739.9 2,278.5
Long-term operating lease obligations 453.5 427.0
Deferred income taxes 114.0 129.2
Other non-current liabilities 83.5 140.3
Total Liabilities 4,372.1 4,028.4
Redeemable non-controlling interest 9.8 9.2
Stockholders' (Deficit) Equity:    
Common stock, $0.01 par value, 500.0 million shares authorized; 283.8 million shares issued as of December 31, 2022 and 2021 2.8 2.8
Additional paid in capital 598.2 622.0
Retained earnings 2,988.5 2,604.9
Accumulated other comprehensive loss (176.9) (99.2)
Treasury stock at cost; 113.3 million and 96.4 million shares as of December 31, 2022 and 2021, respectively (3,434.7) (2,844.7)
Total Stockholders' (Deficit) Equity (22.1) 285.8
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' (Deficit) Equity $ 4,359.8 $ 4,323.4