CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 343.4	$ 706.2
Current insurance receivable — asbestos	16.0	25.0
Accounts receivable, net	515.8	418.4
Inventories	411.5	349.3
Other current assets	76.2	19.6
Total current assets	1,362.9	1,518.5
Property, plant and equipment, net	599.1	282.4
Insurance receivable — asbestos	75.0	90.1
Long-term deferred tax assets	18.8	104.2
Other assets	101.4	114.6
Intangible assets, net	481.8	276.8
Goodwill	1,403.7	1,206.9
Total assets	4,042.7	3,593.5
Current liabilities:
Current maturities of long-term debt	6.9	249.4
Accounts payable	329.2	247.4
Current asbestos liability	66.0	85.0
Accrued liabilities	337.1	252.1
U.S. and foreign taxes on income	1.0	3.6
Total current liabilities	740.2	837.5
Long-term debt	942.3	494.1
Accrued pension and postretirement benefits	244.0	240.5
Long-term deferred tax liability	53.2	44.9
Long-term asbestos liability	451.3	520.3
Other liabilities	84.6	107.7
Commitments and contingencies (Note 11)
Equity:
Preferred shares, par value $.01; 5,000,000 shares authorized	0.0	0.0
Common shares, par value $1.00; 200,000,000 shares authorized; 72,426,139 shares issued; 59,508,401 shares outstanding (59,411,636 in 2017)	72.4	72.4
Capital surplus	303.5	291.7
Retained earnings	2,072.1	1,813.3
Accumulated other comprehensive loss	(447.6)	(380.1)
Treasury stock; 12,917,713 treasury shares (13,014,503 in 2017)	(476.2)	(452.1)
Total shareholders’ equity	1,524.2	1,345.2
Noncontrolling interest	2.9	3.3
Total equity	1,527.1	1,348.5
Total liabilities and equity	$ 4,042.7	$ 3,593.5