CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 551.0	$ 393.9
Current insurance receivable - asbestos	14.4	14.1
Accounts receivable, net	432.7	555.1
Inventories, net	438.2	457.3
Other current assets	137.4	79.5
Total current assets	1,573.7	1,499.9
Property, plant and equipment, net	600.4	616.3
Insurance receivable - asbestos	72.5	83.6
Long-term deferred tax assets	14.9	35.1
Intangible assets, net	520.3	505.1
Goodwill	1,609.0	1,472.4
Other assets	198.1	211.3
Total assets	4,588.9	4,423.7
Current liabilities:
Short-term borrowings	375.7	149.4
Accounts payable	218.4	311.1
Current asbestos liability	66.5	65.0
Accrued liabilities	395.9	378.2
U.S. and foreign taxes on income	0.1	13.0
Total current liabilities	1,056.6	916.7
Long-term debt	842.9	842.0
Accrued pension and postretirement benefits	329.7	298.4
Long-term deferred tax liability	53.6	55.8
Long-term asbestos liability	603.6	646.6
Other liabilities	171.4	187.9
Commitments and contingencies (Note 12)
Equity:
Preferred shares, par value 0.01; 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; 58,127,948 and 59,002,205 shares outstanding in 2020 and 2019, respectively	72.4	72.4
Capital surplus	330.7	315.6
Retained earnings	2,192.8	2,112.2
Accumulated other comprehensive loss	(466.4)	(483.7)
Treasury stock; 14,298,191 and 13,423,934 treasury shares in 2020 and 2019, respectively	(600.6)	(542.8)
Total shareholders’ equity	1,528.9	1,473.7
Noncontrolling interest	2.2	2.6
Total equity	1,531.1	1,476.3
Total liabilities and equity	$ 4,588.9	$ 4,423.7