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Business Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2024
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |
Summary of Operations by Reportable Segments | A summary of operations by reportable segment for the three and nine months ended September 30 was as follows:
| Three months ended |  | Nine months ended
In millions | 2024 |  | 2023 |  | 2024 |  | 2023
Net revenues |  |  |  |  |  |  |
Americas | $ | 4,474.9 |  |  | $ | 3,888.0 |  |  | $ | 12,100.7 |  |  | $ | 10,441.5 |
EMEA | 667.8 |  |  | 618.6 |  |  | 1,866.5 |  |  | 1,746.8 |
Asia Pacific | 298.5 |  |  | 376.3 |  |  | 997.0 |  |  | 1,065.2 |
Total Net revenues | $ | 5,441.2 |  |  | $ | 4,882.9 |  |  | $ | 14,964.2 |  |  | $ | 13,253.5 |
Segment Adjusted EBITDA |  |  |  |  |  |  |
Americas | $ | 993.9 |  |  | $ | 809.0 |  |  | $ | 2,576.9 |  |  | $ | 2,056.0 |
EMEA | 144.3 |  |  | 130.4 |  |  | 374.7 |  |  | 342.6 |
Asia Pacific | 62.7 |  |  | 87.7 |  |  | 228.4 |  |  | 231.6 |
Total Segment Adjusted EBITDA | $ | 1,200.9 |  |  | $ | 1,027.1 |  |  | $ | 3,180.0 |  |  | $ | 2,630.2 |
Reconciliation of Segment Adjusted EBITDA to earnings before income taxes |  |  |  |  |  |  |
Total Segment Adjusted EBITDA | $ | 1,200.9 |  |  | $ | 1,027.1 |  |  | $ | 3,180.0 |  |  | $ | 2,630.2 |
Interest expense | (63.0) |  |  | (57.9) |  |  | (178.5) |  |  | (177.1) |
Depreciation and amortization | (95.0) |  |  | (92.0) |  |  | (282.7) |  |  | (260.2) |
Restructuring costs | 1.9 |  |  | (2.3) |  |  | (3.6) |  |  | (10.1) |
Non-cash adjustment for contingent consideration | — |  |  | — |  |  | 8.9 |  |  | 49.3 |
Impairment of an equity investment | — |  |  | — |  |  | — |  |  | (52.2) |
Acquisition inventory step-up | — |  |  | (1.6) |  |  | — |  |  | (6.4) |
Unallocated corporate expenses | (76.9) |  |  | (77.0) |  |  | (232.9) |  |  | (221.0) |
Earnings before income taxes | $ | 967.9 |  |  | $ | 796.3 |  |  | $ | 2,491.2 |  |  | $ | 1,952.5 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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