Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
ASSETS
Cash and cash equivalents	$ 656.8	$ 503.8
Accounts and notes receivable, net	477.4	418.9
Inventories	479.5	423.0
Current Tax Receivable	63.9	76.6
Total current assets	1,677.6	1,422.3
Property, plant and equipment, net	410.7	385.3
Goodwill	1,574.2	1,489.4
Intangible assets, net	595.7	569.0
Other noncurrent assets	656.6	621.8
Total assets	4,914.8	4,487.8
LIABILITIES AND EQUITY
Accounts payable	273.0	258.0
Accrued expenses and other current liabilities	430.6	417.0
Short-term borrowings and current maturities of long-term debt	24.9	21.9
Total current liabilities	728.5	696.9
Long-term debt	2,042.3	1,977.6
Other noncurrent liabilities	357.5	312.6
Total liabilities	3,128.3	2,987.1
Equity:
Ordinary shares, $0.01 par value (85,842,514 and 86,254,744 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively)	0.9	0.9
Retained earnings	1,989.9	1,831.4
Accumulated other comprehensive loss	(204.3)	(331.6)
Total equity	1,786.5	1,500.7
Total liabilities and equity	$ 4,914.8	$ 4,487.8

Carrying value as of the balance sheet date of liabilities 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).