XML 45 R34.htm IDEA: XBRL DOCUMENT v3.25.1
Acquisitions (Details) - USD ($)
$ in Millions
3 Months Ended
Aug. 16, 2024
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed        
Goodwill   $ 2,165.6   $ 2,161.8
2024 Acquisitions        
Acquisitions        
Sales since acquisition date   $ 99.4 $ 16.1  
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed        
Cash $ 5.6      
Accounts receivable 44.9      
Inventories 109.9      
Prepaid expenses and other current assets 1.0      
Property, plant and equipment 107.5      
Operating lease right-of-use assets 19.2      
Goodwill 59.5      
Intangible assets subject to amortization 39.5      
Intangible assets not subject to amortization 41.4      
Total assets acquired 428.5      
Deferred income taxes 6.7      
Operating lease liabilities 15.1      
Other current and long-term liabilities 32.7      
Total liabilities assumed 54.5      
Noncontrolling interest 0.3      
Net assets acquired 373.7      
Pro forma:        
Net sales     $ 3,746.5  
Summary purchase price allocation information for all acquisitions        
Tax deductible goodwill amount 35.1      
2024 Acquisitions | Trade names        
Allocation of the total purchase price of the acquisitions to the fair value of the assets acquired and liabilities assumed        
Intangible assets not subject to amortization 41.4      
2024 Acquisitions | Customer relationships        
Summary purchase price allocation information for all acquisitions        
Intangible assets acquired subject to amortization $ 39.3      
Weighted average lives of identifiable intangible assets 13 years 1 month 6 days      
2024 Acquisitions | Non-compete agreements        
Summary purchase price allocation information for all acquisitions        
Intangible assets acquired subject to amortization $ 0.2      
Weighted average lives of identifiable intangible assets 5 years