CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 562.7	$ 430.2
Receivables - net of allowance for credit losses of $6.9 and $8.0, respectively	430.6	442.8
Inventories - net	446.6	470.9
Other current assets	78.3	55.4
Total current assets	1,518.2	1,399.3
Property, plant and equipment - net of accumulated depreciation of $539.6 and $516.7, respectively	421.5	382.1
Goodwill	2,677.3	2,638.1
Intangible assets - net	919.6	947.8
Other noncurrent assets	133.0	144.6
Total assets	5,669.6	5,511.9
Current liabilities
Trade accounts payable	176.3	208.9
Accrued expenses	262.0	289.1
Current portion of long-term borrowings - net	0.7	0.0
Dividends payable	48.5	45.6
Total current liabilities	487.5	543.6
Long-term borrowings - net	1,320.8	1,468.7
Deferred income taxes	279.3	264.2
Other noncurrent liabilities	194.8	195.8
Total liabilities	2,282.4	2,472.3
Commitments and contingencies (Note 17)
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: 89,962,648 shares at September 30, 2023 and 90,064,988 shares at December 31, 2022	0.9	0.9
Additional paid-in capital	836.1	817.2
Retained earnings	3,874.0	3,531.7
Treasury stock at cost: 14,337,849 shares at September 30, 2023 and 14,451,032 shares at December 31, 2022	(1,177.7)	(1,184.3)
Accumulated other comprehensive loss	(146.2)	(126.2)
Total shareholders’ equity	3,387.1	3,039.3
Noncontrolling interest	0.1	0.3
Total equity	3,387.2	3,039.6
Total liabilities and equity	$ 5,669.6	$ 5,511.9