v3.26.1
BALANCE SHEETS INFORMATION (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 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
Property, plant and equipment, gross 9,407.2 9,116.2
Accumulated depreciation (5,010.0) (4,839.6)
Total 4,397.2 4,276.6
Intangible assets subject to amortization:    
Other intangible assets, gross 5,389.2 5,444.2
Accumulated amortization (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
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
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List] Total Total
Other $ 271.3 $ 313.3
Total 1,768.9 1,737.5
Accumulated other comprehensive income (loss)    
Unrealized (loss) gain 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)
Customer relationships    
Intangible assets subject to amortization:    
Other intangible assets, gross 3,751.4 3,827.3
Accumulated amortization (2,156.9) (2,077.3)
Trademarks    
Intangible assets subject to amortization:    
Other intangible assets, gross 423.3 420.6
Accumulated amortization (281.9) (272.0)
Patents    
Intangible assets subject to amortization:    
Other intangible assets, gross 517.5 516.1
Accumulated amortization (374.0) (367.4)
Other technology    
Intangible assets subject to amortization:    
Other intangible assets, gross 697.0 680.2
Accumulated amortization (282.2) (269.0)
Trade names    
Intangible assets not subject to amortization:    
Other intangible assets, gross $ 1,230.0 $ 1,230.0