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Restructuring Expenses and Asset Impairments (Tables)

3 Months Ended

Mar. 31, 2025

Restructuring Costs and Asset Impairment Charges [Abstract]

Schedule of Restructuring Costs

Pre-tax restructuring expenses and asset impairments by segment for the three months ended March 31, 2025 were as follows:

						Severance Costs
Fluid & Metering Technologies						$	4.2
Health & Science Technologies						11.4
Fire & Safety/Diversified Products						1.6
Corporate/Other						0.3
Restructuring expenses and asset impairments						$	17.5

Pre-tax restructuring expenses and asset impairments by segment for the three months ended March 31, 2024 were as follows:

						Severance Costs
Fluid & Metering Technologies						$	0.5
Health & Science Technologies						0.5
Fire & Safety/Diversified Products						—
Corporate/Other						0.1
Restructuring expenses and asset impairments						$	1.1

Schedule of Restructuring Accruals Expenses

Restructuring accruals reflected in Accrued expenses in the Condensed Consolidated Balance Sheets are as follows:

			Restructuring Initiatives
Balance at January 1, 2025			$	0.9
Restructuring expenses			17.5
Payments, utilization and other			(5.2)
Balance at March 31, 2025			$	13.2

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Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.P.3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1

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- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4.b.2)
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-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

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-Name Accounting Standards Codification
-Topic 420
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-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

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