Subsequent Events |
6 Months Ended |
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Jun. 30, 2025 | |
Subsequent Events [Abstract] | |
Subsequent Events | Subsequent Events On July 4, 2025, the One Big Beautiful Bill Act ("OBBBA") was enacted. The Act includes changes to U.S. tax law that will be applicable to the Company in the third quarter of 2025. These changes include provisions allowing accelerated tax deductions for qualified property and research expenditures. We are currently assessing the impact of the OBBBA on our consolidated financial statements. In July 2025, the Company acquired Nicor, Inc., ("Nicor") for approximately $56 million, net of cash acquired, subject to customary purchase price adjustments. Nicor designs and manufactures polymer meter box lids and covers that provides water metering endpoint solutions to integrate and optimize AMI networks. Nicor will be added to the Utility Solutions segment.
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