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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 51.2 $ 58.2
Accounts receivable, net 265.8 246.3
Inventories, net 404.2 406.5
Other current assets 141.3 114.2
Current assets held-for-sale - discontinued operations [1] 102.5 107.2
Total current assets 965.0 932.4
Property, plant and equipment, net 182.5 181.1
Operating lease right-of-use assets 46.8 54.7
Goodwill 108.8 108.9
Intangible assets, net 73.8 78.7
Other long-term assets 79.6 80.8
Total assets 1,456.5 1,436.6
Current liabilities:    
Trade accounts payable 202.1 221.0
Current portion of long-term debt and short-term debt 12.2 10.9
Current portion of operating lease liabilities 10.9 11.2
Accrued expenses and other 191.8 161.7
Current liabilities held-for-sale - discontinued operations [1] 34.4 43.8
Total current liabilities 451.4 448.6
Long-term liabilities, less current portion:    
Long-term debt 659.1 655.1
Long-term operating lease liabilities 36.3 43.7
Other long-term liabilities 22.4 21.3
Total long-term liabilities 717.8 720.1
Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity 276.6 256.5
Noncontrolling interests 10.7 11.4
Total equity 287.3 267.9
Total liabilities and shareholders' equity $ 1,456.5 $ 1,436.6
[1] Our continuing operations exclude the results of our Aluminum Products business unit, which is held-for-sale as of September 30, 2023 and December 31, 2022 and presented in discontinued operations for all periods presented.