XML 169 R35.htm IDEA: XBRL DOCUMENT v3.25.0.1

Business Combinations, Asset Acquisitions, and Joint Venture Formation (Tables)

12 Months Ended

Dec. 31, 2024

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

			Original Purchase Price Allocation			Measurement Period Adjustments			Updated Purchase Price Allocation
Purchase price			$	708.2		$	—		$	708.2
Inventories, net			102.8			—			102.8
Other current assets			0.4			(0.1)			0.4
Property, plant and equipment			609.3			1.0			610.3
Other assets, net			11.8			—			11.8
Total assets acquired			724.3			0.9			725.2
Current portion of long-term debt			(0.6)			—			(0.6)
Accounts payable and accrued liabilities			(7.7)			(0.8)			(8.5)
Long-term debt			(8.9)			—			(8.9)
Other long-term obligations			(12.6)			—			(12.6)
Total liabilities assumed			(29.7)			(0.8)			(30.5)
Net assets acquired			694.5			0.1			694.7
Goodwill			13.7			(0.1)			13.6
Total estimated fair value of net assets acquired			$	708.2		$	—		$	708.2

Business Acquisition, Pro Forma Information

			For The Years Ended December 31,
(Unaudited)			2024						2023
Net sales			$	1,572.4					$	1,750.8
Net income			183.0						124.1

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
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-2

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

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
-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

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration