CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Current Assets
Cash and cash equivalents	$ 173.0	$ 239.6
Marketable securities	27.2	36.5
Receivables	641.5	541.4
Inventories	532.6	532.1
Other current assets	47.8	43.3
Total Current Assets	1,422.1	1,392.9
Property, plant and equipment	1,517.8	1,495.9
Less accumulated depreciation	(883.4)	(867.2)
Net property, plant and equipment	634.4	628.7
Goodwill	707.1	761.7
Other intangibles	373.9	321.1
Operating lease assets	34.6	32.8
Other assets	95.6	102.8
Total Assets	3,267.7	3,240.0
Current Liabilities
Trade payables	541.0	588.7
Accrued payroll and benefits	62.7	78.5
Accrued liabilities	198.6	153.0
Product warranties	69.8	67.0
Debt due within one year	10.0	10.0
Total Current Liabilities	882.1	897.2
Long-term debt	259.8	183.2
Product warranties	124.5	123.4
Long-term operating lease liabilities	25.2	23.5
Other liabilities	121.0	129.2
Total Liabilities	1,412.6	1,356.5
Stockholders’ Equity
Capital in excess of par value	605.8	601.3
Retained earnings	3,688.8	3,601.3
Accumulated other comprehensive loss	(110.3)	(111.9)
Treasury stock at cost	(2,623.9)	(2,502.0)
Total Stockholders’ Equity	1,855.1	1,883.5
Total Liabilities and Stockholders’ Equity	3,267.7	3,240.0
Class A Common Stock
Stockholders’ Equity
Common Stock, value	130.0	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).