XML 121 R94.htm IDEA: XBRL DOCUMENT v3.25.0.1
Business Segments and Geographic Information - Schedule of Information on Company's Business Segments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Revenues $ 3,268.8 $ 3,273.9 $ 3,181.9
Adjusted segment cost of sales (1,823.6) (1,827.0) (1,755.0)
Adjusted segment cost of sales (1,814.0) (1,825.4) (1,746.5)
Interest expense - net (44.5) (51.7) (40.7)
Depreciation (68.5) (57.2) (50.7)
Amortization of intangible assets (107.1) (94.9) (69.0)
Fair value inventory step-up charges (9.6) (1.6) (8.5)
Restructuring expenses and asset impairments (9.3) (10.9) (4.5)
Net impact from the exit of a COVID-19 testing application 0.0 0.0 1.1
Gain on sale of businesses - net 4.0 84.7 34.8
Gains on sales of assets 0.0 0.0 2.7
Credit loss on note receivable from collaborative partner 0.0 (7.7) 0.0
Income before income taxes 639.3 760.3 749.4
Total capital expenditures 65.1 89.9 68.0
Total assets 6,745.3 5,865.2  
FMT      
Segment Reporting Information [Line Items]      
Revenues 1,231.8 1,244.2 1,166.2
HST      
Segment Reporting Information [Line Items]      
Revenues 1,294.0 1,313.5 1,336.8
FSDP      
Segment Reporting Information [Line Items]      
Revenues 743.0 716.2 678.9
Operating Segments      
Segment Reporting Information [Line Items]      
Revenues 3,275.6 3,282.3 3,185.7
Adjusted segment cost of sales (1,820.8) (1,833.8) (1,750.3)
Other segment expenses (487.5) (464.3) (465.5)
Segment Adjusted EBITDA 967.3 984.2 969.9
Depreciation (67.5) (56.2) (50.2)
Total capital expenditures 65.1 89.0 67.8
Total assets 6,546.1 5,729.7  
Operating Segments | FMT      
Segment Reporting Information [Line Items]      
Revenues 1,233.2 1,247.1 1,167.3
Adjusted segment cost of sales (639.4) (650.1) (623.3)
Other segment expenses (187.5) (180.9) (169.8)
Segment Adjusted EBITDA 406.3 416.1 374.2
Depreciation (17.3) (14.1) (16.1)
Amortization of intangible assets (21.1) (22.7) (20.8)
Total capital expenditures 14.8 24.2 25.3
Total assets 1,609.4 1,674.7  
Operating Segments | HST      
Segment Reporting Information [Line Items]      
Revenues 1,298.1 1,316.4 1,339.2
Adjusted segment cost of sales (769.5) (783.1) (738.9)
Other segment expenses (181.8) (173.8) (188.5)
Segment Adjusted EBITDA 346.8 359.5 411.8
Depreciation (41.2) (33.2) (25.7)
Amortization of intangible assets (79.7) (65.8) (41.6)
Revenue recognized 17.9   17.9
Impairment of definite-lived assets 16.8   16.8
Total capital expenditures 40.1 55.1 32.0
Total assets 4,142.6 3,262.4  
Operating Segments | FSDP      
Segment Reporting Information [Line Items]      
Revenues 744.3 718.8 679.2
Adjusted segment cost of sales (411.9) (400.6) (388.1)
Other segment expenses (118.2) (109.6) (107.2)
Segment Adjusted EBITDA 214.2 208.6 183.9
Depreciation (9.0) (8.9) (8.4)
Amortization of intangible assets (6.3) (6.4) (6.6)
Total capital expenditures 10.2 9.7 10.5
Total assets 794.1 792.6  
Intersegment elimination      
Segment Reporting Information [Line Items]      
Revenues (6.8) (8.4) (3.8)
Adjusted segment cost of sales 6.8 8.4 3.8
Intersegment elimination | FMT      
Segment Reporting Information [Line Items]      
Revenues (1.4) (2.9) (1.1)
Intersegment elimination | HST      
Segment Reporting Information [Line Items]      
Revenues (4.1) (2.9) (2.4)
Intersegment elimination | FSDP      
Segment Reporting Information [Line Items]      
Revenues (1.3) (2.6) (0.3)
Corporate/Other      
Segment Reporting Information [Line Items]      
Segment Adjusted EBITDA (93.0) (84.6) (85.7)
Depreciation (1.0) (1.0) (0.5)
Amortization of intangible assets (107.1) (94.9) (69.0)
Total capital expenditures 0.0 0.9 $ 0.2
Total assets $ 199.2 $ 135.5