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v3.23.3

Segment Information - Reconciliation of Operating Profit (Losee) from Segments to Consolidated (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |  |  |  |
Segment income | $ 156.2 | $ 120.5 | $ 427.0 | $ 315.3
Intangible amortization | (25.6) | (17.6) | (64.5) | (53.1)
Restructuring and other | (5.4) | (0.5) | (11.9) | (4.8)
Gain on sale of investment | 0.0 | 0.0 | 10.2 | 0.0
Net interest expense | (25.5) | (8.1) | (55.0) | (22.8)
Other expense | (1.4) | (0.5) | (3.7) | (2.3)
Income before income taxes | 129.3 | 111.9 | 378.5 | 290.2
Operating Segments |  |  |  |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |  |  |  |
Segment income | 202.0 | 144.0 | 531.3 | 379.4
Segment Reconciling Items |  |  |  |
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] |  |  |  |
Intangible amortization | (25.6) | (17.6) | (64.5) | (53.1)
Restructuring and other | (5.4) | (5.9) | (11.9) | (10.2)
Gain on sale of investment | 0.0 | 0.0 | 10.2 | 0.0
Acquisition transaction and integration costs | (3.0) | 0.0 | (10.2) | (0.8)
Inventory step-up amortization | 11.8 | 0.0 | 17.7 | 0.0
Net interest expense | (25.5) | (8.1) | (55.0) | (22.8)
Other expense | $ (1.4) | $ (0.5) | $ (3.7) | $ (2.3)

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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482686/350-30-45-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
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