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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 125.4 $ 805.9
Receivables, net 1,316.4 1,162.0
Unbilled receivables, net 771.6 586.3
Inventories 2,131.6 1,865.6
Income taxes receivable 42.2 21.6
Other current assets 93.6 90.7
Total current assets 4,480.8 4,532.1
Property, plant and equipment, net 1,069.5 826.2
Goodwill 1,416.4 1,042.0
Purchased intangible assets, net 830.2 457.0
Deferred income taxes 262.0 134.8
Deferred contract costs 710.7 415.8
Other long-term assets 359.6 321.1
Total assets 9,129.2 7,729.0 Close
Current liabilities:     Close
Revolving credit facilities 175.0 9.7 Close
Accounts payable 1,214.5 1,129.0 Close
Customer advances 706.9 696.7 Close
Payroll-related obligations 242.5 119.5 Close
Income taxes payable 308.0 100.3 Close
Other current liabilities 442.7 373.4 Close
Total current liabilities 3,089.6 2,428.6
Long-term debt, less current maturities 597.5 595.0 Close
Long-term customer advances 1,190.7 1,020.5 Close
Deferred income taxes 26.8   Close
Other long-term liabilities 519.3 499.2 Close
Commitments and contingencies Close
Shareholders’ equity:    
Total Liabilities 5423.9 4543.3 0 0 0 Close
Preferred Stock ($0.01 par value; 2,000,000 shares authorized; none issued and outstanding) Close
Common Stock ($0.01 par value; 300,000,000 shares authorized; 75,101,465 shares issued) 0.7 0.7
Additional paid-in capital 823.0 806.0
Retained earnings 3,805.8 3,315.0
Accumulated other comprehensive loss (72.0) (92.3)
Common Stock in treasury, at cost (9,627,658 and 9,629,317 shares, respectively) (852.2) (843.7)
Total shareholders’ equity 3,705.3 3,185.7 Close
Total liabilities and shareholders’ equity $ 9,129.2 $ 7,729.0