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Segment Information
9 Months Ended
Sep. 30, 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
September 30,
Nine months ended
September 30,
2025202420252024
Total revenue$1,092.7 $981.8 $3,387.3 $3,142.6 
Significant segment expenses
Costs of services353.0 339.7 1,068.8 1,041.5 
Cost of inventory sold236.1 193.5 757.5 612.8 
Selling, general and administrative217.8 177.8 645.0 584.5 
Acquisition-related and integration costs4.0 6.0 9.8 22.9 
Depreciation and amortization124.7 111.9 355.9 329.9 
Interest expense48.2 57.2 145.6 181.0 
Income tax expense16.5 26.2 81.9 95.3 
Other segment items1
(2.8)(6.5)4.6 (19.7)
Net income$95.2 $76.0 $318.2 $294.4 
1 Other segment items consist of gain on disposition of property, plant and equipment, loss on deconsolidation, interest income, other loss, net, and foreign exchange gain (loss), as reported on the consolidated income statements.