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Business Combinations - Fair Values of the Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions | Jun. 30, 2024 | Dec. 31, 2023 | Mar. 17, 2023
--- | --- | --- | ---
Net assets acquired: |  |  |
Goodwill | $ 2,929.6 | $ 2,906.8 |
Roots Rotary Blowers Business |  |  |
Net assets acquired: |  |  |
Goodwill |  |  | $ 102.2
American Fans |  |  |
Net assets acquired: |  |  |
Goodwill |  |  | 49.7
Howden Industries |  |  |
Net assets acquired: |  |  |
Cash and cash equivalents |  |  | 62.5
Restricted cash |  |  | 2.6
Accounts receivable |  |  | 422.7
Inventories |  |  | 256.8
Unbilled contract revenue |  |  | 167.8
Prepaid expenses |  |  | 51.9
Other current assets |  |  | 101.4
Assets held for sale |  |  | 225.7
Property, plant and equipment |  |  | 325.1
Identifiable intangible assets |  |  | 2,434.5
Equity method investments |  |  | 12.0
Other assets |  |  | 117.3
Accounts payable |  |  | (385.7)
Customer advances and billings in excess of contract revenue |  |  | (233.2)
Accrued salaries, wages and benefits |  |  | (103.3)
Accrued income taxes |  |  | (34.0)
Current portion of warranty reserve |  |  | (38.5)
Current portion of long-term debt |  |  | (1.4)
Other current liabilities |  |  | (158.8)
Liabilities held for sale |  |  | (43.9)
Long-term deferred tax liabilities |  |  | (663.6)
Operating lease liabilities |  |  | (52.3)
Finance lease liabilities |  |  | (8.1)
Accrued pension liabilities |  |  | (6.0)
Other long-term liabilities |  |  | (45.7)
Total identifiable net assets assumed |  |  | 2,405.8
Noncontrolling interest |  |  | (146.3)
Goodwill |  |  | 2,127.9
Net assets acquired |  |  | 4,387.4
Assets acquired net of cash, cash equivalents and restricted cash |  |  | 4,322.3
Howden Industries | Howden Hua Engineering Co |  |  |
Net assets acquired: |  |  |
Noncontrolling interest |  |  | $ (146.0)
Noncontrolling interest, ownership percentage (percent) |  |  | 82.00%

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