v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 360.4 $ 329.2
Trade accounts and notes receivable, net 458.7 495.3
Inventories, net 643.2 638.1
Deferred tax charges and refundable income taxes 35.1 39.6
Assets held-for-sale 0.0 5.5
Other current assets 140.8 108.6
Total current assets 1,638.2 1,616.3
Property, plant and equipment, net 1,636.1 1,622.9
Other assets:    
Right-of-use assets - Operating lease 90.2 62.5
Right-of-use assets - Finance lease 18.5 20.9
Goodwill 3,946.7 3,943.6
Intangible assets, net 906.9 1,091.7
Deferred tax assets and other noncurrent tax assets 91.6 12.5
Other noncurrent assets 22.3 24.2
Total assets 8,350.5 8,394.6
Current liabilities:    
Accounts payable 171.5 193.3
Accrued payroll and related benefits 96.5 114.7
Accrued interest payable 24.3 24.3
Liabilities held-for-sale 0.0 1.2
Other accrued liabilities 113.9 111.2
Income taxes payable 82.4 80.5
Total current liabilities 488.6 525.2
Long-term debt 3,697.6 3,981.1
Pension benefit obligations and other liabilities 71.5 54.5
Deferred tax liabilities and other noncurrent tax liabilities 40.8 70.2
Long term lease liability - Operating lease 81.6 53.7
Long term lease liability - Finance lease 17.0 18.4
Equity:    
Preferred stock, par value $.01; 5.0 shares authorized; none issued and outstanding as of December 31, 2025 and December 31, 2024 0.0 0.0
Common stock, par value $.01; 400.0 shares authorized; issued and outstanding shares as of December 31, 2025: 152.1 and 151.9, respectively; issued and outstanding shares as of December 31, 2024: 151.3 and 151.1, respectively 1.5 1.5
Treasury stock, common, at cost: 0.2 shares held as of December 31, 2025 and December 31, 2024 (7.1) (7.1)
Additional paid-in capital 2,472.0 2,385.3
Retained earnings 1,558.4 1,383.9
Accumulated other comprehensive loss (71.4) (72.1)
Total equity 3,953.4 3,691.5
Total liabilities and equity $ 8,350.5 $ 8,394.6