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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [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 Kern acquisition based on the estimated fair values at acquisition (in millions):
Property, plant and equipment$10.1 
Goodwill55.0 
Other intangible assets59.6 
Deferred income taxes(18.9)
Net working capital and other(1)
7.2 
Total purchase price$113.0 
Less: Acquisition date fair value of contingent payment liability(8.9)
Total cash paid$104.1 
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(1)Includes $6.4 million in accounts receivable, whose fair value, contractual cash flows and expected cash flows are approximately equal.