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Acquisitions and Divestitures (Tables)
6 Months Ended
Jun. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Business Combination, Recognized Asset Acquired and Liability Assumed
As of June 30, 2025, the preliminary allocation of the purchase price to the assets acquired and liabilities assumed, based on their estimated fair values at the acquisition date, is as follows:

Total
Current assets, net of cash acquired$82.3 
Property, plant and equipment52.1 
Goodwill488.2 
Intangible assets412.8 
Other noncurrent assets15.0 
Total assets acquired1,050.4 
Current liabilities(49.6)
Deferred income taxes(7.6)
Other noncurrent liabilities(11.2)
Net assets acquired(1)
$982.0 

(1) In January 2025, the Company finalized the purchase price of Mott, resulting in a reduction to the purchase price of $4.2 million. Funds were received by the Company in January 2025.
Schedule of Finite-Lived Intangible Assets Acquired
Acquired intangible assets consist of trade names, customer relationships and unpatented technology. The acquired intangible assets and weighted average amortization periods are as follows:
Total
Weighted Average Life
(in years)
Trade names$42.0 15
Customer relationships269.0 14
Unpatented technology101.8 13
Acquired intangible assets$412.8