v3.25.4

Acquisitions (Tables)

12 Months Ended

Dec. 31, 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 September 30, 2025 and revised as of December 31, 2025:

In millions			As Previously Reported			As Revised
Accounts receivable			$	98.0		$	98.0
Inventories			22.0			22.0
Other current assets			87.3			87.4
Property, plant and equipment			39.0			38.9
Identifiable intangible assets			433.8			433.8
Goodwill			440.9			439.3
Other assets			23.5			26.2
Current liabilities			(145.8)			(146.0)
Other liabilities			(20.0)			(20.0)
Purchase price			$	978.7		$	979.6

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:

									Years ended December 31
In millions, except per share data												2025			2024
Net sales												$	4,032.9		$	3,480.2
Net income from continuing operations												444.5			242.0
Net income												726.2			333.0
Earnings per ordinary share
Basic
Continuing operations												$	2.74		$	1.46
Basic earnings per ordinary share												$	4.47		$	2.01
Diluted
Continuing operations												$	2.70		$	1.44
Diluted earnings per ordinary share												$	4.41		$	1.98

X

- 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

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- References

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X

- 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

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