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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 231.7 $ 266.9
Trade receivables (net of allowance of $9.0 and $9.7 at September 30, 2022 and December 31, 2021, respectively) 531.1 507.7
Inventories 981.2 813.5
Prepaid and other current assets 123.0 179.7
Total current assets 1,867.0 1,767.8
Non-current assets    
Property, plant and equipment – net 450.4 429.6
Goodwill 273.1 280.1
Intangible assets – net 17.5 13.4
Other assets 368.5 372.6
Total assets 2,976.5 2,863.5
Current liabilities    
Current portion of long-term debt 1.9 5.6
Trade accounts payable 589.4 537.7
Accrued freight 47.3 36.2
Other current liabilities 314.1 330.4
Total current liabilities 952.7 909.9
Non-current liabilities    
Long-term debt, less current portion 824.6 668.5
Other non-current liabilities 164.5 175.5
Total liabilities 1,941.8 1,753.9
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value – authorized 300.0 shares; issued 84.0 and 83.4 shares at September 30, 2022 and December 31, 2021, respectively 0.9 0.9
Additional paid-in capital 874.0 860.0
Retained earnings 1,117.4 936.9
Accumulated other comprehensive income (loss) (401.3) (228.5)
Less cost of shares of common stock in treasury – 17.1 and 14.2 shares at September 30, 2022 and December 31, 2021, respectively (556.3) (459.7)
Total stockholders’ equity 1,034.7 1,109.6
Total liabilities and stockholders’ equity $ 2,976.5 $ 2,863.5