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Segment Information
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segment Information
Note 4. Segment Information
The Company has one operating and reportable segment which reflects the manner in which the Company’s Chief Operating Decision Maker (“CODM”), its Chief Executive Officer, reviews and assesses the performance of the business and allocates resources.
The information used by the CODM to assess performance and allocate resources includes various measures of segment profit, however, for the purposes of the disclosures required by ASC 280, Segment Reporting, the Company has determined that the measure most consistent with the measurement principles used in measuring the corresponding amounts in the consolidated financial statements is net income. Consolidated financial information is used to monitor forecast versus actual results in order to make key operating decisions. The CODM does not evaluate the performance of the Company or allocate resources at any level below the consolidated level or based on the Company's assets or liabilities.
The following table presents the significant segment expenses, in the context of deriving net income, that are regularly provided to and reviewed by the CODM, reconciled to the segment’s net income:
Three months ended
March 31,
20252024
Total revenue$1,108.6 $1,064.7 
Significant segment expenses
Costs of services361.9 353.0 
Cost of inventory sold235.0 196.6 
Selling, general and administrative205.0 198.1 
Acquisition-related and integration costs3.1 12.8 
Depreciation and amortization114.5 107.7 
Interest expense49.9 63.9 
Income tax expense29.6 32.5 
Other segment items1
(3.7)(7.3)
Net income$113.3 $107.4 
1 Other segment items consist of gain on disposition of property, plant and equipment, change in fair value of derivatives, net, interest income, and foreign exchange loss, as reported on the consolidated income statements.