CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 534.3	$ 430.2
Receivables - net	427.8	442.8
Inventories - net	420.8	470.9
Other current assets	63.4	55.4
Total current assets	1,446.3	1,399.3
Property, plant and equipment - net	430.3	382.1
Goodwill	2,838.3	2,638.1
Intangible assets - net	1,011.8	947.8
Other noncurrent assets	138.5	144.6
Total assets	5,865.2	5,511.9
Current liabilities
Trade accounts payable	179.7	208.9
Accrued expenses	271.5	289.1
Current portion of long-term borrowings	0.6	0.0
Dividends payable	48.5	45.6
Total current liabilities	500.3	543.6
Long-term borrowings - net	1,325.1	1,468.7
Deferred income taxes	291.9	264.2
Other noncurrent liabilities	206.7	195.8
Total liabilities	2,324.0	2,472.3
Commitments and contingencies (Note 10)
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: 90,073,413 shares at December 31, 2023 and 90,064,988 shares at December 31, 2022	0.9	0.9
Additional paid-in capital	839.0	817.2
Retained earnings	3,934.3	3,531.7
Treasury stock at cost: 14,344,820 shares at December 31, 2023 and 14,451,032 shares at December 31, 2022	(1,187.0)	(1,184.3)
Accumulated other comprehensive loss	(45.8)	(126.2)
Total shareholders’ equity	3,541.4	3,039.3
Noncontrolling interest	(0.2)	0.3
Total equity	3,541.2	3,039.6
Total liabilities and equity	$ 5,865.2	$ 5,511.9