XML 51 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 680.7 $ 855.4
Receivables, less allowance for doubtful accounts of $8.0 at September 30, 2022 and $7.2 at December 31, 2021 406.1 356.4
Inventories 455.3 370.4
Other current assets 92.9 95.8
Total current assets 1,635.0 1,678.0
Property, plant and equipment - net 303.5 327.3
Goodwill 2,191.2 2,167.7
Intangible assets - net 628.6 597.3
Other noncurrent assets 134.3 146.9
Total assets 4,892.6 4,917.2
Current liabilities    
Trade accounts payable 196.6 178.8
Accrued expenses 264.6 259.8
Dividends payable 45.3 41.4
Total current liabilities 506.5 480.0
Long-term borrowings 1,191.1 1,190.3
Deferred income taxes 185.7 196.4
Other noncurrent liabilities 206.7 247.4
Total liabilities 2,090.0 2,114.1
Commitments and contingencies
Preferred stock:    
Authorized: 5,000,000 shares, $.01 per share par value; Issued: None 0.0 0.0
Common stock:    
Authorized: 150,000,000 shares, $.01 per share par value, Issued: 90,071,346 shares at September 30, 2022 and 90,067,996 shares at December 31, 2021 0.9 0.9
Additional paid-in capital 812.0 795.6
Retained earnings 3,447.1 3,126.5
Treasury stock at cost: 14,543,722 shares at September 30, 2022 and 13,872,555 shares at December 31, 2021 (1,193.1) (1,050.3)
Accumulated other comprehensive loss (264.1) (69.6)
Total shareholders’ equity 2,802.8 2,803.1
Noncontrolling interest (0.2) 0.0
Total equity 2,802.6 2,803.1
Total liabilities and equity $ 4,892.6 $ 4,917.2