| Balance Sheet Information |
| | | | | | | | | | | | | | | | | | | | March 31 | | December 31 | (millions) | | 2026 | | 2025 | Accounts receivable, net | | | | | | | | | Accounts receivable | | | $3,404.0 | | | | $3,366.2 | | Allowance for expected credit losses and other accruals | | | (123.8) | | | | (116.8) | | Total | | | $3,280.2 | | | | $3,249.4 | | | | | | | | | | | Inventories | | | | | | | | | Finished goods | | | $1,019.3 | | | | $962.1 | | Raw materials and parts | | | 642.1 | | | | 620.3 | | Inventories at FIFO cost | | | 1,661.4 | | | | 1,582.4 | | FIFO cost to LIFO cost difference | | | (89.4) | | | | (92.0) | | Total | | | $1,572.0 | | | | $1,490.4 | | | | | | | | | | | Other current assets | | | | | | | | | Prepaid assets | | | $211.5 | | | | $159.5 | | Taxes receivable | | | 229.5 | | | | 229.8 | | Derivative assets | | | - | | | | 2.6 | | Contract assets | | | 126.1 | | | | 117.4 | | Other | | | 103.6 | | | | 60.3 | | Total | | | $670.7 | | | | $569.6 | | | | | | | | | | | Property, plant and equipment, net | | | | | | | | | Land | | | $148.7 | | | | $149.2 | | Buildings and leasehold improvements | | | 1,276.1 | | | | 1,242.6 | | Machinery and equipment | | | 2,579.6 | | | | 2,496.4 | | Dispensing and monitoring equipment | | | 3,300.8 | | | | 3,193.1 | | Capitalized software | | | 1,221.6 | | | | 1,176.8 | | Construction in progress | | | 880.4 | | | | 858.1 | | | | | 9,407.2 | | | | 9,116.2 | | Accumulated depreciation | | | (5,010.0) | | | | (4,839.6) | | Total | | | $4,397.2 | | | | $4,276.6 | | | | | | | | | | | Other intangible assets, net | | | | | | | | | Intangible assets not subject to amortization | | | | | | | | | Trade names | | | $1,230.0 | | | | $1,230.0 | | Intangible assets subject to amortization | | | | | | | | | Customer relationships | | | 3,751.4 | | | | 3,827.3 | | Patents | | | 517.5 | | | | 516.1 | | Trademarks | | | 423.3 | | | | 420.6 | | Other technologies | | | 697.0 | | | | 680.2 | | | | | 5,389.2 | | | | 5,444.2 | | Accumulated amortization | | | | | | | | | Customer relationships | | | ($2,156.9) | | | | ($2,077.3) | | Patents | | | (374.0) | | | | (367.4) | | Trademarks | | | (281.9) | | | | (272.0) | | Other technologies | | | (282.2) | | | | (269.0) | | | | | (3,095.0) | | | | (2,985.7) | | Net intangible assets subject to amortization | | | 2,294.2 | | | | 2,458.5 | | Total | | | $3,524.2 | | | | $3,688.5 | | | | | | | | | | | Other assets | | | | | | | | | Deferred income taxes | | | $229.0 | | | | $181.0 | | Pension | | | 194.5 | | | | 184.3 | | Derivative asset | | | 7.9 | | | | 2.9 | | Other | | | 431.3 | | | | 414.5 | | Total | | | $862.7 | | | | $782.7 | |
| | | | | | | | | | | | | | | | | | | | March 31 | | December 31 | (millions) | | 2026 | | 2025 | Other current liabilities | | | | | | | | | Discounts and rebates | | | $516.8 | | | | $528.4 | | Dividends payable | | | 206.1 | | | | 205.9 | | Interest payable | | | 60.2 | | | | 64.8 | | Taxes payable, other than income | | | 193.2 | | | | 179.5 | | Derivative liability | | | 52.3 | | | | 5.4 | | Restructuring | | | 100.6 | | | | 102.5 | | Contract liability | | | 201.1 | | | | 173.0 | | Operating lease liabilities | | | 167.3 | | | | 164.7 | | Other | | | 271.3 | | | | 313.3 | | Total | | | $1,768.9 | | | | $1,737.5 | | | | | | | | | | | Accumulated other comprehensive income (loss) | | | | | | | | | Unrealized gain (loss) on derivative financial instruments, net of tax | | | ($8.1) | | | | ($4.0) | | Unrecognized pension and postretirement benefit expense, net of tax | | | (493.9) | | | | (495.5) | | Cumulative translation, net of tax | | | (1,124.1) | | | | (1,374.8) | | Total | | | ($1,626.1) | | | | ($1,874.3) | |
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