CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 216.1	$ 339.9
Marketable securities	17.2	23.5
Receivables	649.9	596.0
Inventories	544.7	497.4
Other current assets	53.4	43.5
Total Current Assets	1,481.3	1,500.3
Property, plant and equipment	1,447.1	1,418.6
Less accumulated depreciation	(843.9)	(821.1)
Net property, plant and equipment	603.2	597.5
Goodwill	650.4	633.4
Other intangibles	329.8	336.7
Operating lease assets	33.6	37.3
Other assets	99.3	108.7
Total Assets	3,197.6	3,213.9
Current Liabilities
Trade payables	574.6	600.4
Accrued payroll and benefits	70.4	92.2
Accrued liabilities	152.7	177.4
Product warranties	64.7	65.3
Debt due within one year	10.0	10.0
Total Current Liabilities	872.4	945.3
Long-term debt	130.4	117.3
Product warranties	122.9	122.8
Long-term operating lease liabilities	24.7	27.9
Other liabilities	135.6	156.2
Total Liabilities	1,286.0	1,369.5
Stockholders’ Equity
Capital in excess of par value	593.1	578.2
Retained earnings	3,467.6	3,258.1
Accumulated other comprehensive loss	(92.0)	(84.2)
Treasury stock at cost	(2,351.9)	(2,202.5)
Total Stockholders’ Equity	1,911.6	1,844.4
Total Liabilities and Stockholders’ Equity	3,197.6	3,213.9
Class A Common Stock
Stockholders’ Equity
Common Stock, value	130.1	130.1
Common Stock
Stockholders’ Equity
Common Stock, value	$ 164.7	$ 164.7

Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).