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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 665.0 $ 535.1
Trade receivables (net of allowance of $9.5 and $9.9 at December 31, 2020 and 2019, respectively) 381.2 401.9
Inventories 610.4 847.7
Prepaid and other current assets 222.0 235.0
Total current assets 1,878.6 2,019.7
Non-current assets    
Property, plant and equipment – net 406.6 389.4
Goodwill 275.4 269.9
Intangible assets – net 8.3 9.7
Other assets 462.9 506.9
Total assets 3,031.8 3,195.6
Current liabilities    
Current portion of long-term debt 7.6 6.9
Trade accounts payable 369.9 508.1
Accrued compensation and benefits 85.8 100.3
Accrued warranties and product liability 48.3 41.1
Other current liabilities 211.7 216.0
Total current liabilities 723.3 872.4
Non-current liabilities    
Long-term debt, less current portion 1,166.2 1,168.8
Other non-current liabilities 220.8 222.1
Total liabilities 2,110.3 2,263.3
Commitments and contingencies
Stockholders’ equity    
Common stock, $.01 par value – authorized 300.0 shares; issued 82.9 and 82.2 shares at December 31, 2020 and 2019, respectively 0.9 0.8
Additional paid-in capital 837.9 824.4
Retained earnings 750.3 771.4
Accumulated other comprehensive income (loss) (208.4) (257.5)
Less cost of shares of common stock in treasury – 14.3 and 11.8 shares at December 31, 2020 and 2019, respectively (459.2) (406.8)
Total stockholders’ equity 921.5 932.3
Total liabilities and stockholders’ equity $ 3,031.8 $ 3,195.6