XML 21 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 74.9 $ 69.4
Accounts receivable, net 431.4 422.6
Inventories 483.1 555.0
Prepaid expenses and other current assets 113.8 148.2
Total Current Assets 1,103.2 1,195.2
Property, plant and equipment, net 878.3 791.1
Goodwill 1,083.3 1,062.3
Other intangible assets, net 714.8 715.8
Operating lease right-of-use assets 636.5 506.8
Deferred income taxes 15.6 11.3
Other non-current assets 122.2 77.3
Total Assets 4,553.9 4,359.8
Current Liabilities:    
Accounts payable 311.3 359.8
Accrued expenses and other current liabilities 427.1 432.7
Short-term operating lease obligations 119.6 105.5
Income taxes payable 5.3 12.8
Current portion of long-term debt 44.9 70.4
Total Current Liabilities 908.2 981.2
Long-term debt, net 2,527.0 2,739.9
Long-term operating lease obligations 574.8 453.5
Deferred income taxes 127.9 114.0
Other non-current liabilities 82.6 83.5
Total Liabilities 4,220.5 4,372.1
Redeemable non-controlling interest 10.0 9.8
Stockholders' Equity (Deficit):    
Common stock, $0.01 par value, 500.0 million shares authorized; 283.8 million shares issued as of December 31, 2023 and 2022 2.8 2.8
Additional paid in capital 558.7 598.2
Retained earnings 3,279.2 2,988.5
Accumulated other comprehensive loss (136.7) (176.9)
Treasury stock at cost; 111.5 million and 113.3 million shares as of December 31, 2023 and 2022, respectively (3,380.6) (3,434.7)
Total Stockholders' Equity (Deficit) 323.4 (22.1)
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' Equity (Deficit) $ 4,553.9 $ 4,359.8