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Revenue (Tables)
3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue by Reporting Unit
Revenue by reporting unit for the three months ended March 31, 2025 and 2024 was as follows:

Three Months Ended March 31,
20252024
Pumps$105.8 $101.9 
Water82.9 83.0 
Energy46.9 52.6 
Agriculture32.0 39.7 
Valves22.9 36.5 
Intersegment elimination(0.3)(0.2)
Fluid & Metering Technologies290.2 313.5 
Scientific Fluidics & Optics194.0 162.7 
Sealing Solutions60.6 60.5 
Performance Pneumatic Technologies59.0 57.5 
Material Processing Technologies27.9 29.4 
Intersegment elimination(1.4)(0.7)
Health & Science Technologies340.1 309.4 
Fire & Safety111.0 105.1 
Dispensing43.6 41.5 
BAND-IT29.7 31.4 
Intersegment elimination(0.3)(0.4)
Fire & Safety/Diversified Products184.0 177.6 
Net sales$814.3 $800.5 
Schedule of External Net Sales Disaggregated by Geography
Revenue by geographical region for the three months ended March 31, 2025 and 2024 was as follows:

Three Months Ended March 31, 2025
FMTHSTFSDPIDEX
U.S.$168.8 $155.1 $95.5 $419.4 
North America, excluding U.S.16.0 4.7 8.1 28.8 
Europe48.4 102.1 42.5 193.0 
Asia34.4 71.3 31.0 136.7 
Other(1)
22.9 8.3 7.2 38.4 
Intersegment elimination(0.3)(1.4)(0.3)(2.0)
Net sales$290.2 $340.1 $184.0 $814.3 

 Three Months Ended March 31, 2024
FMTHSTFSDPIDEX
U.S.$172.6 $138.9 $86.1 $397.6 
North America, excluding U.S.16.3 5.6 7.4 29.3 
Europe58.8 104.1 45.0 207.9 
Asia44.7 55.7 30.7 131.1 
Other(1)
21.3 5.8 8.8 35.9 
Intersegment elimination(0.2)(0.7)(0.4)(1.3)
Net sales$313.5 $309.4 $177.6 $800.5 
(1) Other includes: South America, Middle East, Australia and Africa.
Schedule of Contract with Customer, Asset and Liability
The composition of customer receivables was as follows:
March 31, 2025December 31, 2024
Billed receivables$454.3 $443.2 
Unbilled receivables21.0 17.8 
Total customer receivables$475.3 $461.0 
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The composition of deferred revenue was as follows:
March 31, 2025December 31, 2024
Deferred revenue – current$57.8 $50.7 
Deferred revenue – noncurrent14.5 13.2 
Total deferred revenue$72.3 $63.9