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BUSINESS COMBINATIONS (Tables)

12 Months Ended

Dec. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The preliminary purchase price allocation is as follows:

(in millions)			September 1, 2022						Measurement period adjustments						December 31, 2022
Cash and cash equivalents			$	50.7					—						$	50.7
Accounts receivable			52.2						1.8						54.0
Inventories			136.2						(7.8)						128.4
Other current assets			2.0						—						2.0
Property			361.9						33.2						395.1
Intangible assets:
Indefinite-lived trade names			254.9						—						254.9
Customer relationships			198.7						(10.1)						188.6
Patents, technology, and other			275.1						—						275.1
Goodwill			277.1						119.4						396.5
Other non-current assets			12.3						—						12.3
Accounts payable			32.2						—						32.2
Current operating lease obligations			1.2						—						1.2
Accrued expenses and other current liabilities			11.7						0.3						12.0
Deferred tax liabilities			86.1						133.9						220.0
Non-current operating lease obligations			5.0						—						5.0
Noncontrolling interests			—						2.3						2.3
Other non-current liabilities			8.1						—						8.1
Total purchase price consideration			$	1,476.8					$	—					$	1,476.8

Pro Forma Information Sales and Income from Continuing Operations

									Year Ended December 31,
															2022						2021
Sales															$	3,653.0					$	3,712.0
Income from continuing operations before income taxes															112.8						97.6

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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- References

No definition available.

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X

- Definition

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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472

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