CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 344.5	$ 270.3
Accounts receivable, less allowances of $7.3 and $3.5	526.9	422.0
Inventories	613.3	646.6
Other current assets	45.0	57.0
Total Current Assets	1,529.7	1,395.9
Property, Plant and Equipment, Net	927.7	761.1
Equity Investment in Affiliates	12.0	12.7
Trade Names and Other Intangibles, Net	3,302.3	3,431.6
Goodwill	2,431.5	2,426.8
Other Assets	366.0	317.5
Total Assets	8,569.2	8,345.6
Current Liabilities
Short-term borrowings	3.9	74.0
Current portion of long-term debt	199.9	0.0
Accounts payable	630.6	666.7
Accrued Liabilities and Other Liabilities	580.4	436.1
Income taxes payable	7.2	7.0
Total Current Liabilities	1,422.0	1,183.8
Long-term Debt	2,202.2	2,599.5
Deferred Income Taxes	743.1	757.0
Deferred and Other Long-term Liabilities	313.7	273.4
Business Acquisition Liabilities	32.8	42.0
Total Liabilities	4,713.8	4,855.7
Commitments and Contingencies
Stockholders' Equity
Preferred Stock, $1.00 par value, Authorized 2,500,000 shares; none issued	0.0	0.0
Common Stock, $1.00 par value, Authorized 600,000,000 shares; 293,709,982 shares issued as of December 31, 2022 and 292,855,100 shares issued as of December 31, 2021	293.7	293.7
Additional paid-in capital	454.8	366.2
Retained earnings	6,012.3	5,524.6
Accumulated other comprehensive loss	(27.2)	(29.3)
Common stock in treasury, at cost: 49,814,106 shares as of December 31, 2022 and 50,309,124 shares as of December 31, 2021	(2,878.2)	(2,665.3)
Total Stockholders' Equity	3,855.4	3,489.9
Total Liabilities and Stockholders’ Equity	$ 8,569.2	$ 8,345.6