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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 170.3 $ 108.9
Accounts receivable, net of allowances of $11.2 and $10.8, respectively 561.7 531.5
Inventories 677.7 790.0
Other current assets 159.3 128.1
Total current assets 1,569.0 1,558.5
Property, plant and equipment, net 362.0 344.5
Other assets    
Goodwill 3,274.6 3,252.6
Intangibles, net 1,042.4 1,094.6
Other non-current assets 315.3 197.3
Total other assets 4,632.3 4,544.5
Total assets [1] 6,563.3 6,447.5
Current liabilities    
Accounts payable 278.9 355.0
Employee compensation and benefits 125.4 106.0
Other current liabilities 545.3 602.1
Total current liabilities 949.6 1,063.1
Other liabilities    
Long-term debt 1,988.3 2,317.3
Pension and other post-retirement compensation and benefits 73.6 70.8
Deferred tax liabilities 40.0 43.3
Other non-current liabilities 294.7 244.9
Total liabilities 3,346.2 3,739.4
Equity    
Ordinary shares $0.01 par value, 426.0 authorized, 165.3 and 164.5 issued at December 31, 2023 and 2022, respectively 1.7 1.7
Additional paid-in capital 1,593.6 1,554.9
Retained earnings 1,866.2 1,390.5
Accumulated other comprehensive loss (244.4) (239.0)
Total equity 3,217.1 2,708.1
Total liabilities and equity $ 6,563.3 $ 6,447.5
[1] All cash and cash equivalents are included in “Other.”