CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 657.6	$ 478.6
Current insurance receivable - asbestos	0.0	13.7
Accounts receivable, net	474.7	483.0
Inventories, net	439.8	449.1
Other current assets	179.8	118.7
Total current assets	1,751.9	1,543.1
Property, plant and equipment, net	509.9	555.6
Insurance receivable - asbestos	0.0	60.0
Long-term deferred tax assets	8.3	17.7
Intangible assets, net	416.6	467.1
Goodwill	1,527.5	1,583.8
Other assets	176.0	259.3
Total assets	4,390.2	4,486.6
Current liabilities:
Short-term borrowings	699.3	0.0
Accounts payable	286.6	273.7
Current asbestos liability	0.0	62.3
Accrued liabilities	464.2	442.7
U.S. and foreign taxes on income	38.1	10.6
Total current liabilities	1,488.2	789.3
Long-term debt	543.7	842.4
Accrued pension and postretirement benefits	153.2	231.9
Long-term deferred tax liability	162.4	76.9
Long-term asbestos liability	0.0	549.8
Other liabilities	138.7	161.2
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; 72,426,389 shares issued; 56,325,382 and 57,835,865 shares outstanding in 2022 and 2021, respectively	72.4	72.4
Capital surplus	373.8	363.9
Retained earnings	2,822.8	2,527.3
Accumulated other comprehensive loss	(503.3)	(440.2)
Treasury stock; 16,101,007 and 14,590,274 treasury shares in 2022 and 2021, respectively	(864.3)	(691.1)
Total shareholders’ equity	1,901.4	1,832.3
Noncontrolling interest	2.6	2.8
Total equity	1,904.0	1,835.1
Total liabilities and equity	$ 4,390.2	$ 4,486.6