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Acquisitions and Divestiture (Tables)
12 Months Ended
Dec. 31, 2022
Business Combinations [Abstract]  
Allocation of Aggregate Purchase Price of Acquired Net Assets
The following table represents the allocation of the purchase price for the net assets of the 2022 acquisitions based on the estimated fair values at acquisition (in millions):
Property, plant and equipment$11.8 
Goodwill197.8 
Other intangible assets213.3 
Deferred income taxes(23.5)
Net working capital and other(1)
30.3 
Total cash paid$429.7 
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(1)Includes $18.4 million in accounts receivable, whose fair value, contractual cash flows and expected cash flows are approximately equal.