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Hybrid Instruments Liabilities (Tables)

12 Months Ended

Dec. 31, 2024

Hybrid Instruments [Abstract]

Schedule of changes in hybrid instrument liability

The following table sets forth the changes in hybrid instruments liability (in millions):

Balance at December 31, 2022		$	34.2
Current period additions			36.1
Current period adjustments			(2.1	)
Foreign currency effect			2.3
Balance at December 31, 2023			70.5
Current period additions			—
Current period adjustments			24.1
Current period settlements (a)			(13.8	)
Foreign currency effect			(2.7	)
Balance at December 31, 2024		$	78.1

(a)On October 1, 2024, the call option for Mestrelab was executed, and Bruker acquired the remaining 19.03% of Mestrelab. As a result of the transaction, Bruker has obtained 100% ownership interest in Mestrelab

Schedule of fair value measurements of hybrid instrument liabilities

The Level 3 fair value measurements of our hybrid instrument liabilities include the following significant unobservable inputs:

Hybrid Instrument Liabilities	Fair Value as of December 31, 2024 (millions)	Valuation Technique	Unobservable Input	Range	Weighted Average (a)
Put / Call Options	78.1	Option Pricing Model	Revenue Risk Premium	1.6% - 12.6%	10.70%
			EBITDA Risk Premium	10.1% - 25.1%	21.70%

a)Unobservable inputs were weighted by the relative fair value of the hybrid instrument liabilities.

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- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

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-Topic 820
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- Definition

Tabular disclosure of financial instrument classified as a derivative asset (liability) after deduction of derivative liability (asset) using recurring unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.

+ References

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-Topic 820
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