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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 214.3 $ 170.3
Accounts receivable, net of allowances of $10.6 and $11.2, respectively 567.8 561.7
Inventories 647.5 677.7
Other current assets 133.9 159.3
Total current assets 1,563.5 1,569.0
Property, plant and equipment, net 361.4 362.0
Other assets    
Goodwill 3,250.6 3,274.6
Intangibles, net 1,012.4 1,042.4
Other non-current assets 360.1 315.3
Total other assets 4,623.1 4,632.3
Total assets 6,548.0 6,563.3
Current liabilities    
Current maturities of short-term borrowings 3.3 0.0
Accounts payable 295.0 278.9
Employee compensation and benefits 104.0 125.4
Other current liabilities 548.1 545.3
Total current liabilities 950.4 949.6
Other liabilities    
Long-term debt 1,752.6 1,988.3
Pension and other post-retirement compensation and benefits 71.8 73.6
Deferred tax liabilities 38.7 40.0
Other non-current liabilities 301.6 294.7
Total liabilities 3,115.1 3,346.2
Equity    
Ordinary shares $0.01 par value, 426.0 authorized, 165.5 and 165.3 issued at June 30, 2024 and December 31, 2023, respectively 1.7 1.7
Additional paid-in capital 1,569.2 1,593.6
Retained earnings 2,109.3 1,866.2
Accumulated other comprehensive loss (247.3) (244.4)
Total equity 3,432.9 3,217.1
Total liabilities and equity $ 6,548.0 $ 6,563.3