v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 665.3 $ 1,112.1
Receivables, net of allowance for credit losses of $3.8 and $3.9 955.9 593.8
Inventories 492.7 447.3
Prepaid expenses 26.3 28.5
Other current assets 156.9 95.7
Total current assets 2,297.1 2,277.4
Property, plant, and equipment, net of accumulated depreciation of $800.5 and $774.0 827.6 807.1
Goodwill 1,539.5 1,538.9
Other intangible assets, net of accumulated amortization of $731.0 and $673.7 1,363.4 1,425.5
Other long-term assets 207.1 214.1
Total assets 6,234.7 6,263.0
LIABILITIES AND EQUITY    
Accounts payable 408.4 233.0
Other current liabilities 475.0 503.0
Total current liabilities 883.4 736.0
Long-term debt 2,884.9 2,881.6
Contract liabilities 347.7 342.5
Deferred taxes 243.4 245.6
Other long-term liabilities 258.1 261.9
Common stock [1],[2] 78.7 78.7
Additional paid-in capital 619.0 603.5
Treasury stock [3] (6,619.0) (6,149.3)
Accumulated other comprehensive loss (86.8) (70.0)
Retained earnings 7,625.3 7,332.5
Total liabilities and equity $ 6,234.7 $ 6,263.0
[1] Common Stock: $1 par value; 200.0 shares authorized; 39.8 and 41.0 shares outstanding, respectively
[2] Preferred Stock: $1 par value; 5.0 shares authorized; no shares were issued or outstanding during any period presented
[3] Treasury Stock: at cost; 38.8 and 37.6 shares, respectively