CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 510.2
Accounts receivable, net of allowance for doubtful accounts of $16.9 as of March 31, 2023 and $14.1 as of December 31, 2022	499.5	$ 474.7
Inventories, net:
Finished goods	106.0	83.3
Finished parts and subassemblies	74.5	70.7
Work in process	42.3	39.9
Raw materials	270.1	245.9
Inventories, net	492.9	439.8
Other current assets	193.2	179.8
Total current assets	1,695.8	1,751.9
Property, plant and equipment:
Cost	1,268.9	1,250.8
Less: accumulated depreciation	760.9	740.9
Property, plant and equipment, net	508.0	509.9
Long-term deferred tax assets	9.9	8.3
Other assets	184.9	176.0
Intangible assets, net	406.5	416.6
Goodwill	1,530.9	1,527.5
Total assets	4,336.0	4,390.2
Current liabilities:
Short-term borrowings	308.5	699.3
Accounts payable	247.1	286.6
Accrued liabilities	395.9	464.2
U.S. and foreign taxes on income	23.0	38.1
Total current liabilities	974.5	1,488.2
Long-term debt	880.7	543.7
Accrued pension and postretirement benefits	153.9	153.2
Long-term deferred tax liability	161.1	162.4
Other liabilities	148.1	138.7
Total liabilities	2,318.3	2,486.2
Commitments and contingencies (Note 10)
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, 72,440,983 shares issued	72.4	72.4
Capital surplus	376.8	373.8
Retained earnings	2,901.9	2,822.8
Accumulated other comprehensive loss	(487.8)	(503.3)
Treasury stock	(848.1)	(864.3)
Total shareholders’ equity	2,015.2	1,901.4
Noncontrolling interests	2.5	2.6
Total equity	2,017.7	1,904.0
Total liabilities and equity	$ 4,336.0	$ 4,390.2
Share data:
Common shares issued (in shares)	72,440,983	72,426,389
Less: Common shares held in treasury (in shares)	15,715,676	16,101,007
Common shares outstanding (in shares)	56,725,307	56,325,382