Supplemental Balance Sheet Information

6 Months Ended

Jun. 30, 2026

Disclosure Supplemental Balance Sheet Information [Abstract]

Supplemental Balance Sheet Information

Supplemental Balance Sheet Information


In millions			June 30, 2026			December 31, 2025
Inventories
Raw materials and supplies			$	253.5		$	213.5
Work-in-process			46.4			31.2
Finished goods			222.5			227.2
Total inventories			$	522.4		$	471.9
Other current assets
Contract assets			$	168.5		$	160.8
Prepaid expenses			42.7			46.8
Prepaid income taxes			25.1			12.1

Other current assets			20.2			17.5
Total other current assets			$	256.5		$	237.2
Property, plant and equipment, net
Land and land improvements			$	28.0		$	28.3
Buildings and leasehold improvements			229.1			220.0
Machinery and equipment			681.4			651.1
Construction in progress			65.2			65.7
Total property, plant and equipment			1,003.7			965.1
Accumulated depreciation and amortization			555.8			530.6
Total property, plant and equipment, net			$	447.9		$	434.5
Other non-current assets

Deferred compensation plan assets			$	22.4		$	18.8
Operating lease right-of-use assets			132.8			128.6
Deferred tax assets			45.4			46.7
Other non-current assets			24.0			29.2
Total other non-current assets			$	224.6		$	223.3
Other current liabilities
Dividends payable			$	34.3		$	34.6


Accrued rebates			78.8			91.5
Contract liabilities			159.9			176.8
Accrued taxes payable			45.1			56.7

Current operating lease liabilities			33.0			30.3
Accrued interest			9.8			9.8
Other current liabilities			111.6			74.5
Total other current liabilities			$	472.5		$	474.2
Other non-current liabilities
Income taxes payable			$	9.4		$	10.3

Deferred compensation plan liabilities			22.4			18.8
Cross currency swap liabilities			28.8			36.7
Non-current operating lease liabilities			107.5			105.0
Other non-current liabilities			34.0			33.8
Total other non-current liabilities			$	202.1		$	204.6