XML 50 R44.htm IDEA: XBRL DOCUMENT
v3.25.2

Fair Value of Financial Instruments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Fair Value Disclosures [Abstract] |
Schedule of financial instruments recorded at fair value on a recurring basis | The following tables set forth the Company’s financial instruments and presents them within the fair value hierarchy using the lowest level of input that is significant to the fair value measurement (in millions):
June 30, 2025 |  | Total |  |  | Quoted Prices in Active Markets Available (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Time deposits and money market funds |  | $ | 0.6 |  |  | $ | 0.6 |  |  | $ | — |  |  | $ | — |
Interest rate and cross-currency swap agreements (note 17) |  |  | 9.2 |  |  |  | — |  |  |  | 9.2 |  |  |  | — |
Forward currency contracts |  |  | 0.2 |  |  |  | — |  |  |  | 0.2 |  |  |  | — |
Total assets recorded at fair value |  | $ | 10.0 |  |  | $ | 0.6 |  |  | $ | 9.4 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Contingent consideration (note 18) |  | $ | 13.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 13.9 |
Hybrid instruments liabilities (note 19) |  |  | 83.6 |  |  |  | — |  |  |  | — |  |  |  | 83.6 |
Interest rate and cross-currency swap agreements (note 17) |  |  | 42.8 |  |  |  | — |  |  |  | 42.8 |  |  |  | — |
Forward currency contracts |  |  | 3.3 |  |  |  | — |  |  |  | 3.3 |  |  |  | — |
Equity interest purchase option liability (a) |  |  | 17.0 |  |  |  | — |  |  |  | — |  |  |  | 17.0 |
Total liabilities recorded at fair value |  | $ | 160.6 |  |  | $ | — |  |  | $ | 46.1 |  |  | $ | 114.5 |
December 31, 2024 |  | Total |  |  | Quoted Prices in Active Markets Available (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Time deposits and money market funds |  | $ | 17.2 |  |  | $ | — |  |  | $ | 17.2 |  |  | $ | — |
Interest rate and cross-currency swap agreements (note 17) |  |  | 21.8 |  |  |  | — |  |  |  | 21.8 |  |  |  | — |
Forward currency contracts |  |  | 6.0 |  |  |  | — |  |  |  | 6.0 |  |  |  | — |
Total assets recorded at fair value |  | $ | 45.0 |  |  | $ | — |  |  | $ | 45.0 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Contingent consideration (note 18) |  | $ | 17.3 |  |  | $ | — |  |  | $ | — |  |  | $ | 17.3 |
Hybrid instruments liabilities (note 19) |  |  | 78.1 |  |  |  | — |  |  |  | — |  |  |  | 78.1 |
Interest rate and cross-currency swap agreements (note 17) |  |  | 17.2 |  |  |  | — |  |  |  | 17.2 |  |  |  | — |
Forward currency contracts |  |  | 0.5 |  |  |  | — |  |  |  | 0.5 |  |  |  | — |
Equity interest purchase option liability (a) |  |  | 14.9 |  |  |  | — |  |  |  | — |  |  |  | 14.9 |
Total liabilities recorded at fair value |  | $ | 128.0 |  |  | $ | — |  |  | $ | 17.7 |  |  | $ | 110.3 |
a) Equity interest purchase option liability is related to NovAliX, refer to Note 4, Minority and equity-method investments, for more information.

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration