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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Information regarding net sales and operating profit (loss) for the three months ended September 30, 2024 and 2023 are as follows (in millions):
|  | Life Science |  | Clinical Diagnostics |  | Other Operations
Net sales | 2024 | $ | 260.9 |  |  | $ | 388.8 |  |  | $ | — |
| 2023 | $ | 263.5 |  |  | $ | 368.1 |  |  | $ | 0.5 |
Operating profit (loss) | 2024 | $ | (9.8) |  |  | $ | 74.2 |  |  | $ | 0.1 |
| 2023 | $ | 13.0 |  |  | $ | 78.0 |  |  | $ | (0.1) |
Information regarding Net sales and operating profit (loss) for the nine months ended September 30, 2024 and 2023 are as follows (in millions):
|  | Life Science |  | Clinical Diagnostics |  | Other Operations
Net sales | 2024 | $ | 753.1 |  |  | $ | 1,145.4 |  |  | $ | 0.5 |
| 2023 | $ | 887.3 |  |  | $ | 1,100.3 |  |  | $ | 2.5 |
Operating profit (loss) | 2024 | $ | 1.1 |  |  | $ | 209.9 |  |  | $ | (0.3) |
| 2023 | $ | 76.7 |  |  | $ | 166.1 |  |  | $ | (0.3) |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated | The following reconciles total operating profit to consolidated income (loss) before income taxes (in millions):
| Three Months Ended |  | Nine Months Ended
| September 30, |  | September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Operating profit | $ | 64.5 |  |  | $ | 90.9 |  |  | $ | 210.7 |  |  | $ | 242.5 |
Interest expense | (12.2) |  |  | (12.3) |  |  | (36.7) |  |  | (37.2) |
Foreign currency exchange (losses) gains, net | (1.6) |  |  | 1.7 |  |  | 2.0 |  |  | 5.3 |
Gains (losses) from change in fair market value of equity securities and loan receivable | 792.8 |  |  | 36.4 |  |  | (1,680.3) |  |  | (1,576.5) |
Other income, net | 18.1 |  |  | 20.4 |  |  | 70.7 |  |  | 87.4 |
Consolidated income (loss) before income taxes | $ | 861.6 |  |  | $ | 137.1 |  |  | $ | (1,433.6) |  |  | $ | (1,278.5) |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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