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v3.25.3

Segment Information - Reporting Information by Segment (Details) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 USD ($) | Sep. 30, 2024 USD ($) | Sep. 30, 2025 USD ($) segment | Sep. 30, 2024 USD ($)
Segment Reporting [Abstract] |  |  |  |
Number of reportable segments | segment |  |  | 5 |
Reconciliation from Segment Totals to Consolidated [Abstract] |  |  |  |
Revenue | $ 2,077,841 | $ 1,983,542 | $ 5,993,492 | $ 5,816,043
Purchase accounting expenses | 59,381 | 48,356 | 159,608 | 136,875
Restructuring and other costs | 15,913 | 16,581 | 48,520 | 52,142
Gain on dispositions | 0 | (68,633) | (4,644) | (597,913)
Interest expense | 27,239 | 34,128 | 81,638 | 102,867
Interest income | (17,804) | (5,176) | (55,993) | (14,013)
Earnings before provision for income taxes | 386,243 | 386,330 | 1,033,721 | 1,453,366
Provision for income taxes | 82,951 | 73,434 | 211,058 | 291,781
Earnings from continuing operations | 303,292 | 312,896 | 822,663 | 1,161,585
Restructuring | 10,603 | 13,837 | 32,442 | 41,629
Other costs, net | 5,310 | 2,744 | 16,078 | 10,513
Restructuring and other costs | 15,913 | 16,581 | 48,520 | 52,142
Segment earnings margins: |  |  |  |
Consolidated depreciation and amortization total | 98,461 | 86,668 | 280,262 | 251,179
Operating Segments |  |  |  |
Reconciliation from Segment Totals to Consolidated [Abstract] |  |  |  |
Revenue | 2,079,622 | 1,984,358 | 5,997,722 | 5,818,907
Adjusted cost of goods and services | 1,223,612 | 1,200,200 | 3,543,375 | 3,545,137
Adjusted selling, general and administrative expenses | 353,523 | 336,462 | 1,066,148 | 1,022,651
Earnings from continuing operations: | $ 502,487 | $ 447,696 | $ 1,388,199 | $ 1,251,119
Segment earnings margins: |  |  |  |
Total Segments (in percent) | 24.20% | 22.60% | 23.20% | 21.50%
Other depreciation and amortization | $ 40,223 | $ 36,743 | $ 116,687 | $ 108,129
Operating Segments | Engineered Products |  |  |  |
Reconciliation from Segment Totals to Consolidated [Abstract] |  |  |  |
Revenue | 279,705 | 296,117 | 810,295 | 914,234
Adjusted cost of goods and services | 181,221 | 200,045 | 536,877 | 613,363
Adjusted selling, general and administrative expenses | 41,001 | 39,451 | 118,310 | 129,623
Earnings from continuing operations: | 57,483 | 56,621 | 155,108 | 171,248
Restructuring | $ 1,062 | $ 991 | $ 4,093 | $ 2,969
Segment earnings margins: |  |  |  |
Total Segments (in percent) | 20.60% | 19.10% | 19.10% | 18.70%
Other depreciation and amortization | $ 5,736 | $ 4,829 | $ 15,677 | $ 14,392
Operating Segments | Clean Energy & Fueling |  |  |  |
Reconciliation from Segment Totals to Consolidated [Abstract] |  |  |  |
Revenue | 541,368 | 500,685 | 1,578,613 | 1,408,752
Adjusted cost of goods and services | 344,993 | 316,179 | 1,004,080 | 898,469
Adjusted selling, general and administrative expenses | 77,710 | 84,970 | 262,453 | 253,536
Earnings from continuing operations: | 118,665 | 99,536 | 312,080 | 256,747
Restructuring | $ 2,842 | $ 8,544 | $ 7,286 | $ 15,434
Segment earnings margins: |  |  |  |
Total Segments (in percent) | 21.90% | 19.90% | 19.80% | 18.20%
Other depreciation and amortization | $ 8,582 | $ 8,310 | $ 26,121 | $ 23,858
Operating Segments | Imaging & Identification |  |  |  |
Reconciliation from Segment Totals to Consolidated [Abstract] |  |  |  |
Revenue | 299,100 | 283,966 | 871,199 | 848,365
Adjusted cost of goods and services | 140,037 | 127,814 | 399,466 | 390,367
Adjusted selling, general and administrative expenses | 77,291 | 78,905 | 235,449 | 235,006
Earnings from continuing operations: | 81,772 | 77,247 | 236,284 | 222,992
Restructuring | $ 355 | $ 1,804 | $ 843 | $ 4,645
Segment earnings margins: |  |  |  |
Total Segments (in percent) | 27.30% | 27.20% | 27.10% | 26.30%
Other depreciation and amortization | $ 4,091 | $ 3,905 | $ 12,413 | $ 10,909
Operating Segments | Pumps & Process Solutions |  |  |  |
Reconciliation from Segment Totals to Consolidated [Abstract] |  |  |  |
Revenue | 550,920 | 472,463 | 1,565,047 | 1,415,431
Adjusted cost of goods and services | 276,311 | 248,663 | 791,665 | 764,612
Adjusted selling, general and administrative expenses | 106,044 | 85,523 | 294,038 | 256,588
Earnings from continuing operations: | 168,565 | 138,277 | 479,344 | 394,231
Restructuring | $ 1,711 | $ 964 | $ 6,302 | $ 3,929
Segment earnings margins: |  |  |  |
Total Segments (in percent) | 30.60% | 29.30% | 30.60% | 27.90%
Other depreciation and amortization | $ 14,256 | $ 12,651 | $ 39,988 | $ 37,427
Operating Segments | Climate & Sustainability Technologies |  |  |  |
Reconciliation from Segment Totals to Consolidated [Abstract] |  |  |  |
Revenue | 408,529 | 431,127 | 1,172,568 | 1,232,125
Adjusted cost of goods and services | 281,050 | 307,499 | 811,287 | 878,326
Adjusted selling, general and administrative expenses | 51,477 | 47,613 | 155,898 | 147,898
Earnings from continuing operations: | 76,002 | 76,015 | 205,383 | 205,901
Restructuring | $ 4,500 | $ 1,238 | $ 13,310 | $ 14,261
Segment earnings margins: |  |  |  |
Total Segments (in percent) | 18.60% | 17.60% | 17.50% | 16.70%
Other depreciation and amortization | $ 7,558 | $ 7,048 | $ 22,488 | $ 21,543
Intersegment eliminations |  |  |  |
Reconciliation from Segment Totals to Consolidated [Abstract] |  |  |  |
Revenue | (1,781) | (816) | (4,230) | (2,864)
Corporate expense / other |  |  |  |
Reconciliation from Segment Totals to Consolidated [Abstract] |  |  |  |
Corporate expense / other | 31,515 | 36,110 | 125,349 | 117,795
Restructuring | 133 | 296 | 608 | 391
Segment earnings margins: |  |  |  |
Other depreciation and amortization | 1,794 | 1,633 | 5,484 | 5,123
Depreciation and amortization included in purchase accounting expenses and restructuring and other | $ 56,444 | $ 48,292 | $ 158,091 | $ 137,927

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