v3.25.2
Consolidated Balance Sheets Unaudited - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 787.9 $ 685.0
Short-term marketable debt securities 92.4 102.0
Accounts receivable, net of allowance for credit losses and customer deductions of $15.6 million and $20.6 million as of June 30, 2025 and December 31, 2024, respectively 1,195.1 1,144.0
Inventories 1,144.7 1,124.9
Prepaid expenses and other current assets 105.7 166.9
Federal and state income taxes receivable 10.8 10.2
Total current assets 3,336.6 3,233.0
Property, plant, and equipment, net 4,115.9 4,039.0
Goodwill 922.4 922.4
Other intangible assets, net 173.1 191.9
Operating lease right-of-use assets 314.4 276.9
Long-term marketable debt securities 75.6 65.2
Other long-term assets 103.2 104.8
Total assets 9,041.2 8,833.2
Current liabilities:    
Operating lease obligations 86.7 80.5
Finance lease obligations 2.2 2.1
Accounts payable 490.7 430.3
Dividends payable 115.8 116.3
Accrued liabilities 238.2 362.9
Accrued interest 9.4 9.5
Total current liabilities 943.0 1,001.6
Long-term liabilities:    
Long-term debt 2,475.2 2,474.2
Operating lease obligations 241.2 208.0
Finance lease obligations 5.5 6.7
Deferred income taxes 564.9 561.9
Compensation and benefits 98.1 95.9
Other long-term liabilities 81.2 80.9
Total long-term liabilities 3,466.1 3,427.6
Commitments and contingent liabilities (Note 18)
Stockholders' equity:    
Common stock, par value $0.01 per share, 300.0 million shares authorized, 90.0 million and 89.8 million shares issued as of June 30, 2025 and December 31, 2024, respectively 0.9 0.9
Additional paid in capital 699.1 669.8
Retained earnings 3,973.5 3,776.7
Accumulated other comprehensive loss (41.4) (43.4)
Total stockholders' equity 4,632.1 4,404.0
Total liabilities and stockholders' equity $ 9,041.2 $ 8,833.2