v3.25.2
Acquisitions - Schedule of Consideration Transferred and Allocation to Identifiable Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
May 06, 2024
Consideration Transferred:      
Cash paid $ 74.9 $ 1,648.8  
Cash acquired (6.5) (52.6)  
Fair value of contingent consideration   13.4  
Fair value of redeemable noncontrolling interest 28.3    
Working capital and other closing adjustments 8.3 26.2  
Total consideration transferred, net of cash acquired 105.0 137.7  
Allocation of Consideration Transferred:      
Accounts receivable 2.8 58.3  
Inventories 8.2 148.2  
Other current assets 0.5 29.1  
Property, plant and equipment 21.9 70.4  
Other assets 5.7 91.4  
Goodwill 1,649.2 1,507.3  
Deferred taxes (net) (18.9) (113.2)  
Liabilities assumed (17.5) (307.5)  
Total consideration allocated 105.0 1,635.8  
Operating segments      
Consideration Transferred:      
Total consideration transferred, net of cash acquired   1,635.8  
Allocation of Consideration Transferred:      
Goodwill 49.0 958.0  
Technology      
Allocation of Consideration Transferred:      
Intangible assets 20.7 317.8  
Customer Relationships      
Allocation of Consideration Transferred:      
Intangible assets 30.1 334.3  
Backlog      
Allocation of Consideration Transferred:      
Intangible assets   14.8  
Trade Names      
Allocation of Consideration Transferred:      
Intangible assets 2.5 34.2  
Recipe      
Consideration Transferred:      
Cash paid 58.8    
Cash acquired (5.2)    
Fair value of redeemable noncontrolling interest 27.2    
Working capital and other closing adjustments (6.5)    
Total consideration transferred, net of cash acquired 87.3    
Allocation of Consideration Transferred:      
Accounts receivable 2.3    
Inventories 7.7    
Other current assets 0.1    
Property, plant and equipment 21.2    
Other assets 4.9    
Goodwill 35.0    
Deferred taxes (net) (16.6)    
Liabilities assumed (12.1)    
Total consideration allocated 87.3    
Recipe | Technology      
Allocation of Consideration Transferred:      
Intangible assets 14.0    
Recipe | Customer Relationships      
Allocation of Consideration Transferred:      
Intangible assets 29.2    
Recipe | Trade Names      
Allocation of Consideration Transferred:      
Intangible assets 1.6    
Chemspeed Technologies      
Consideration Transferred:      
Cash paid   175.4  
Cash acquired   (0.6)  
Fair value of contingent consideration   0.0  
Working capital and other closing adjustments   0.0  
Total consideration transferred, net of cash acquired   174.8  
Allocation of Consideration Transferred:      
Accounts receivable   7.0  
Inventories   46.6  
Other current assets   1.4  
Property, plant and equipment   1.8  
Other assets   17.3  
Goodwill   127.8  
Deferred taxes (net)   (14.0)  
Liabilities assumed   (106.7)  
Total consideration allocated   174.8  
Chemspeed Technologies | Technology      
Allocation of Consideration Transferred:      
Intangible assets   27.9  
Chemspeed Technologies | Customer Relationships      
Allocation of Consideration Transferred:      
Intangible assets   51.5  
Chemspeed Technologies | Backlog      
Allocation of Consideration Transferred:      
Intangible assets   9.4  
Chemspeed Technologies | Trade Names      
Allocation of Consideration Transferred:      
Intangible assets   4.8  
Nanostring Technologies      
Consideration Transferred:      
Cash paid   392.6  
Cash acquired   (0.5)  
Fair value of contingent consideration   0.0  
Working capital and other closing adjustments   0.0  
Total consideration transferred, net of cash acquired   392.1  
Allocation of Consideration Transferred:      
Accounts receivable   16.8  
Inventories   38.8  
Other current assets   8.9  
Property, plant and equipment   31.0  
Other assets   23.1  
Goodwill   253.5  
Deferred taxes (net)   4.8  
Liabilities assumed   (90.8) $ (44.7)
Total consideration allocated   392.1  
Nanostring Technologies | Technology      
Allocation of Consideration Transferred:      
Intangible assets   54.0  
Nanostring Technologies | Customer Relationships      
Allocation of Consideration Transferred:      
Intangible assets   38.0  
Nanostring Technologies | Backlog      
Allocation of Consideration Transferred:      
Intangible assets   0.0  
Nanostring Technologies | Trade Names      
Allocation of Consideration Transferred:      
Intangible assets   14.0  
ELITechGroup      
Consideration Transferred:      
Cash paid   951.9  
Cash acquired   (43.4)  
Fair value of contingent consideration   0.0  
Working capital and other closing adjustments   22.7  
Total consideration transferred, net of cash acquired   931.2  
Allocation of Consideration Transferred:      
Accounts receivable   30.6  
Inventories   31.6  
Other current assets   15.7  
Property, plant and equipment   36.2  
Other assets   41.3  
Goodwill   501.1  
Deferred taxes (net)   (100.8)  
Liabilities assumed   (66.9)  
Total consideration allocated   931.2  
ELITechGroup | Technology      
Allocation of Consideration Transferred:      
Intangible assets   193.3  
ELITechGroup | Customer Relationships      
Allocation of Consideration Transferred:      
Intangible assets   236.3  
ELITechGroup | Backlog      
Allocation of Consideration Transferred:      
Intangible assets   0.5  
ELITechGroup | Trade Names      
Allocation of Consideration Transferred:      
Intangible assets   12.3  
Other      
Consideration Transferred:      
Cash paid 16.1 128.9  
Cash acquired (1.3) (8.1)  
Fair value of contingent consideration   13.4  
Fair value of redeemable noncontrolling interest 1.1    
Working capital and other closing adjustments 1.8 3.5  
Total consideration transferred, net of cash acquired 17.7 137.7  
Allocation of Consideration Transferred:      
Accounts receivable 0.5 3.9  
Inventories 0.5 31.2  
Other current assets 0.4 3.1  
Property, plant and equipment 0.7 1.4  
Other assets 0.8 9.7  
Goodwill 14.0 75.6  
Deferred taxes (net) (2.3) (3.2)  
Liabilities assumed (5.4) (43.1)  
Total consideration allocated 17.7 137.7  
Other | Technology      
Allocation of Consideration Transferred:      
Intangible assets 6.7 42.6  
Other | Customer Relationships      
Allocation of Consideration Transferred:      
Intangible assets 0.9 8.5  
Other | Backlog      
Allocation of Consideration Transferred:      
Intangible assets   4.9  
Other | Trade Names      
Allocation of Consideration Transferred:      
Intangible assets $ 0.9 $ 3.1