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Acquisitions (Tables) | 9 Months Ended
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Sep. 30, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes our preliminary estimates of the fair values of the assets acquired and liabilities assumed in the Electrical Products Group acquisition previously reported as of June 30, 2025 and revised as of September 30, 2025:
In millions | As Previously Reported | As Revised
Accounts receivable | $ | 98.6 |  | $ | 98.0 |
Inventories | 22.0 |  | 22.0 |
Other current assets | 87.3 |  | 87.3 |
Property, plant and equipment | 39.2 |  | 39.0 |
Identifiable intangible assets | 429.8 |  | 433.8 |
Goodwill | 440.9 |  | 440.9 |
Other assets | 23.5 |  | 23.5 |
Current liabilities | (145.9) |  | (145.8) |
Other liabilities | (20.0) |  | (20.0) |
Purchase price | $ | 975.4 |  | $ | 978.7 |
The following table summarizes the final fair values of the assets acquired and liabilities assumed in the Trachte acquisition:
In millions |  |
Cash |  | $ | 13.6 |
Accounts receivable |  | 45.4 |
Inventories |  | 10.0 |
Other current assets |  | 42.2 |
Property, plant and equipment |  | 11.1 |
Identifiable intangible assets |  | 331.5 |
Goodwill |  | 368.9 |
Other assets |  | 25.3 |
Current liabilities |  | (63.2) |
Other liabilities |  | (97.3) |
Purchase price |  | $ | 687.5 |
Business Acquisition, Pro Forma Information | The following table presents unaudited pro forma financial information as if the acquisitions of Electrical Products Group and Trachte had occurred on January 1, 2024 and January 1, 2023, respectively:
| Three months ended |  | Nine months ended
In millions, except per share date | September 30, 2025 | September 30, 2024 |  | September 30, 2025 | September 30, 2024
Net sales | $ | 1,054.0 |  | $ | 882.1 |  |  | $ | 2,966.2 |  | $ | 2,626.0 |
Net income from continuing operations | 119.8 |  | 84.6 |  |  | 326.0 |  | 253.0 |
Net income | 122.0 |  | 110.7 |  |  | 604.7 |  | 316.8 |
Earnings per ordinary share |  |  |  |  |
Basic |  |  |  |  |
Continuing operations | $ | 0.74 |  | $ | 0.51 |  |  | $ | 2.00 |  | $ | 1.53 |
Basic earnings per ordinary share | $ | 0.75 |  | $ | 0.67 |  |  | $ | 3.71 |  | $ | 1.92 |
Diluted |  |  |  |  |
Continuing operations | $ | 0.73 |  | $ | 0.50 |  |  | $ | 1.98 |  | $ | 1.50 |
Diluted earnings per ordinary share | $ | 0.74 |  | $ | 0.65 |  |  | $ | 3.67 |  | $ | 1.88 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
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