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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2023

Business Combinations [Abstract]

Schedule of acquisition costs

Purchase Price Allocation
(in Millions)
Fair Value of Assets Acquired
Cash			$	10.0
Intangible assets
Developed Technology (1)			66.3
In-process research & development			10.5
Goodwill			130.7
Other Assets			3.4
Total Assets			$	220.9
Fair Value of Liabilities Assumed
Deferred income tax liabilities			$	16.6
Other Liabilities			1.1
Total Liabilities			17.7
Net Assets			$	203.2
Total Purchase Consideration:			Amount
Cash purchase price, net of acquired cash			$	193.2
____________________
(1) Expected life is 15 years and will be amortized based on the pattern of economic benefit

Summary of consideration paid and assets acquired and liabilities assumed

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Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Paragraph 1
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479907/805-20-50-1

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