XML 137 R116.htm IDEA: XBRL DOCUMENT v3.25.4
Segment Information - Segment Financial Information (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Net sales $ 3,074.1 $ 2,893.2 $ 2,949.8
Cost of goods and services sold 1,970.1 1,894.7 1,820.6
Research and development 74.3 69.1 68.4
Selling, general and administrative expenses 393.6 338.5 353.4
Operating profit 584.9 569.9 676.0
Stock-based compensation (23.8) (18.7) (23.3)
Amortization of acquisition-related intangible assets (2.8) (3.6) (3.6)
Other (1.3) (0.9) (1.3)
Loss on disposal of plant 0.0 0.0 (11.6)
Interest (income) expense and other nonoperating expense (income), net (16.0) (15.6) (22.0)
Income before income taxes and equity in net income of affiliated companies 600.9 585.5 698.0
Asset-related charges 5.4 0.0 0.0
Assets 4,270.0 3,643.4  
Depreciation and Amortization 171.4 155.4 137.3
Capital Expenditures 285.9 377.0 362.0
Operating Segments      
Segment Reporting Information [Line Items]      
Net sales 3,074.1 2,893.2 2,949.8
Operating profit 720.6 650.1 782.2
Corporate and Unallocated      
Segment Reporting Information [Line Items]      
Operating profit (135.7) (80.2) (106.2)
Stock-based compensation (23.8) (18.7) (23.3)
Corporate general costs (74.4) (58.6) (68.3)
Restructuring and other charges (23.3) (2.1) 2.0
SmartDose® 3.5mL sale (8.4) 0.0 0.0
Cost investment activity (4.5) 0.0 (4.3)
Amortization of acquisition-related intangible assets (0.2) (0.8) (0.7)
Other (1.1) 0.0 0.0
Loss on disposal of plant 0.0 0.0 (11.6)
Assets 564.9 410.1  
Depreciation and Amortization 3.3 3.8 4.0
Capital Expenditures 6.1 9.5 12.7
Corporate and Unallocated | Other Income (Expense)      
Segment Reporting Information [Line Items]      
Restructuring and other charges (18.4) 2.5 2.8
Corporate and Unallocated | Selling, General and Administrative Expenses      
Segment Reporting Information [Line Items]      
Restructuring and other charges (4.9) (4.6)  
Corporate and Unallocated | Cost of goods and services sold      
Segment Reporting Information [Line Items]      
Restructuring and other charges     (0.8)
Proprietary Products      
Segment Reporting Information [Line Items]      
Net sales 2,492.1 2,334.5 2,397.3
Proprietary Products | Operating Segments      
Segment Reporting Information [Line Items]      
Net sales 2,492.1 2,334.5 2,397.3
Cost of goods and services sold 1,483.9 1,434.0 1,363.3
Research and development 74.3 69.1 68.4
Selling, general and administrative expenses 255.6 231.5 240.6
Other expense (income) 21.1 22.1 14.9
Operating profit 657.2 577.8 710.1
Assets 2,987.0 2,621.1  
Depreciation and Amortization 140.2 130.3 112.9
Capital Expenditures 204.3 246.5 259.1
Contract-Manufactured Products      
Segment Reporting Information [Line Items]      
Net sales 582.0 558.7 552.5
Contract-Manufactured Products | Operating Segments      
Segment Reporting Information [Line Items]      
Net sales 582.0 558.7 552.5
Cost of goods and services sold 486.2 460.7 456.5
Research and development 0.0 0.0 0.0
Selling, general and administrative expenses 29.9 26.2 24.4
Other expense (income) 2.5 (0.5) (0.5)
Operating profit 63.4 72.3 72.1
Assets 718.1 612.2  
Depreciation and Amortization 27.9 21.3 20.4
Capital Expenditures $ 75.5 $ 121.0 $ 90.2