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Acquisitions and Divestitures (Tables)
9 Months Ended
Sep. 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 September 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$8.2 
Property, plant and equipment8.1 
Goodwill36.9 
Intangible assets44.8 
Other noncurrent assets3.0 
Total assets acquired101.0 
Current liabilities(6.5)
Deferred income taxes(10.1)
Other noncurrent liabilities(2.5)
Net assets acquired
$81.9 
As of September 30, 2025, the final 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 equipment51.5 
Goodwill488.6 
Intangible assets412.8 
Other noncurrent assets15.0 
Total assets acquired1,050.2 
Current liabilities(50.7)
Deferred income taxes(4.6)
Other noncurrent liabilities(12.9)
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
The acquired intangible assets and weighted average amortization periods are as follows:

Total
Weighted Average Life
(in years)
Trade names$5.3 15
Customer relationships21.1 11
Technology
18.4 12
Acquired intangible assets$44.8 
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
Technology
101.8 13
Acquired intangible assets$412.8 
Summary Of Acquisition Costs And Fair Value Inventory Step-up Charges A summary of the acquisition costs and the fair value inventory step-up charges recorded in the three and nine months ended September 30, 2025 and 2024 are presented in the following table:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Acquisition costs$1.9 $5.5 $4.2 $9.3 
Fair value inventory step-up charges0.6 2.1 0.6 4.6