Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash & cash equivalents $ 279.3 $ 291.9
Accounts receivable, net of allowance for doubtful accounts of $11.7 and $9.7 at September 30, 2021 and December 31, 2020, respectively 507.1 403.4
Inventories 316.4 203.1
Prepaid expenses 32.1 24.0
Other current assets 78.2 67.5
Total current assets 1,213.1 989.9
Property, plant and equipment, net 270.7 240.4
Goodwill 2,533.4 2,252.7
Intangible assets, net 994.1 855.9
Other assets 168.3 141.2
Non-current assets of discontinued operations 3.3 3.3
Total assets 5,182.9 4,483.4
Liabilities and stockholders' equity    
Accounts payable 165.0 95.6
Current installments of long-term debt 12.9 7.4
Accrued expenses and other current liabilities 238.7 204.2
Current liabilities of discontinued operations 4.7 7.1
Total current liabilities 421.3 314.3
Debt 1,897.4 1,508.1
Pension and post-retirement benefits 41.4 43.3
Deferred income taxes 163.9 112.9
Other liabilities 143.8 186.7
Total liabilities 2,667.8 2,165.3
Commitments and contingencies (Note 10)
Stockholders' equity    
Common stock: 400.0 shares authorized (2021: 261.9 shares issued; 2020: 261.3 shares issued) 2.6 2.6
Additional paid-in capital 4,159.8 4,122.9
Treasury stock (2021: 14.4 shares; 2020: 14.2 shares) (141.2) (137.7)
Accumulated deficit (1,316.0) (1,473.2)
Accumulated other comprehensive loss (225.6) (194.8)
Total stockholders' equity 2,479.6 2,319.8
Non-controlling interests 35.5 (1.7)
Total equity 2,515.1 2,318.1
Total liabilities and stockholders' equity $ 5,182.9 $ 4,483.4