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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 944.5 $ 995.7
Receivables, net 987.4 973.4
Unbilled receivables, net 514.3 440.8
Inventories, net 1,527.9 1,382.7
Income taxes receivable 255.2 250.3
Other current assets 64.5 71.7
Total current assets 4,293.8 4,114.6
Property, plant and equipment, net 603.7 593.2
Goodwill 1,044.9 1,049.0
Purchased intangible assets, net 464.9 464.0
Deferred income taxes 130.9 111.5
Other long-term assets 436.3 389.5
Total assets 6,974.5 6,721.8
Current liabilities:    
Accounts payable 982.3 747.4
Customer advances 755.6 690.9
Payroll-related obligations 138.5 118.4
Income taxes payable 221.1 222.1
Other current liabilities 348.8 364.2
Total current liabilities 2,446.3 2,143.0
Long-term debt, less current maturities 594.4 819.0
Long-term customer advances 455.2 207.0
Other long-term liabilities 510.6 476.4
Commitments and contingencies
Shareholders’ equity:    
Preferred Stock ($0.01 par value; 2,000,000 shares authorized; none issued and outstanding)
Common Stock ($0.01 par value; 300,000,000 shares authorized; 75,101,465 shares issued) 0.7 0.7
Additional paid-in capital 798.2 792.4
Retained earnings 3,084.0 3,110.6
Accumulated other comprehensive loss (133.9) (128.6)
Common Stock in treasury, at cost (9,001,160 and 8,289,347 shares, respectively) (781.0) (698.7)
Total shareholders’ equity 2,968.0 3,076.4
Total liabilities and shareholders’ equity $ 6,974.5 $ 6,721.8