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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 648.7 $ 618.7
Short-term marketable debt securities 77.7 86.1
Accounts receivable, net of allowance for credit losses and customer deductions of $20.2 million and $14.3 million as of September 30, 2022 and December 31, 2021, respectively 1,112.8 1,071.0
Inventories 994.9 902.5
Prepaid expenses and other current assets 67.3 47.0
Federal and state income taxes receivable 6.1 7.4
Total current assets 2,907.5 2,732.7
Property, plant, and equipment, net 3,813.2 3,529.0
Goodwill 922.4 923.5
Other intangible assets, net 277.4 308.4
Operating lease right-of-use assets 286.8 238.3
Long-term marketable debt securities 67.1 60.0
Other long-term assets 70.0 44.9
Total assets 8,344.4 7,836.8
Current liabilities:    
Operating lease obligations 72.5 67.1
Finance lease obligations 1.8 1.7
Accounts payable 485.3 452.4
Dividends payable 118.8 96.3
Accrued liabilities 259.5 255.0
Accrued interest 25.5 12.3
Total current liabilities 963.4 884.8
Long-term liabilities:    
Long-term debt 2,473.1 2,471.5
Operating lease obligations 221.4 179.3
Finance lease obligations 11.3 12.7
Deferred income taxes 513.7 465.9
Compensation and benefits 129.2 157.4
Other long-term liabilities 61.1 58.0
Total long-term liabilities 3,409.8 3,344.8
Commitments and contingent liabilities
Stockholders' equity:    
Common stock, par value $0.01 per share, 300.0 million shares authorized, 93.7 million and 93.5 million shares issued as of September 30, 2022 and December 31, 2021, respectively 0.9 0.9
Additional paid in capital 600.6 579.4
Retained earnings 3,443.5 3,102.1
Accumulated other comprehensive loss (73.8) (75.2)
Total stockholders' equity 3,971.2 3,607.2
Total liabilities and stockholders' equity $ 8,344.4 $ 7,836.8