Contingencies	6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies The Company is a party to various legal proceedings, lawsuits and administrative actions, which are of an ordinary or routine nature for a company of its size and sector. The Company believes that such proceedings, lawsuits and administrative actions will not materially adversely affect its operations, financial condition, liquidity or competitive position. For further description of the Company’s contingencies, reference is made to Note 21, “Contingencies” in the notes to consolidated financial statements in the Company’s 2025 Annual Report. Environmental Matters The Company has been identified as a potentially responsible party (“PRP”) with respect to several sites designated for cleanup under U.S. federal “Superfund” or similar state laws that impose liability for cleanup of certain waste sites and for related natural resource damages. The Company has undiscounted accrued liabilities of $9.3 million and $10.6 million as of June 30, 2026 and December 31, 2025, respectively, on its Condensed Consolidated Balance Sheets to the extent costs are known or can be reasonably estimated for its remaining financial obligations in relation to environmental matters and does not anticipate that any of these matters will result in material additional costs beyond amounts accrued. Based upon consideration of currently available information, the Company does not anticipate any material adverse effect on its results of operations, financial condition, liquidity or competitive position as a result of compliance with federal, state, local or foreign environmental laws or regulations, or cleanup costs relating to these matters. The Company has an insurance recovery receivable for probable environmental related recoveries of $1.7 million as of June 30, 2026 and December 31, 2025 which was included in “Other assets” in the Consolidated Balance Sheets. ILC Dover Transaction Update The Company maintains a holistic approach to M&A that includes comprehensive diligence appropriate for the transaction as well as negotiated representations and warranties. In the ILC Dover transaction, these representations and warranties were backed up by insurance, and we have filed a claim under that policy. During the second quarter of 2026, we collected $25.0 million related to this matter which is included in “Other operating expense (income), net” on our Condensed Consolidated Statement of Operations. In addition, as disclosed in Note 22. “Subsequent Events,” the Company settled for an additional $162.5 million early in the third quarter of 2026. The Company applied a gain contingency model in accordance with ASC 450-30. Under this model, a gain contingency is not recognized until the gain is realized or realizable. The additional $162.5 million will be recorded in the third quarter, which is the period the binding agreement was executed. Additional recoveries related to the ILC Dover transaction, if any, including additional payments under the representation and warranty insurance policy or from other third parties, will be recorded as collections are received or binding agreements are executed. IEEPA Tariff Refund In February 2026, the United States Supreme Court ruled that tariffs imposed under the International Emergency Economic Powers Act (“IEEPA”) on goods imported into the United States were unauthorized. Following this ruling, and effective on April 20, 2026, the United States Customs and Border Protection launched a platform for importers of record to submit IEEPA tariff refund requests. The Company applied a gain contingency model in accordance with ASC 450-30. Under this model, a gain contingency is not recognized until the gain is realized or realizable. During the second quarter of 2026, we received $10.3 million of IEEPA tariff refunds, which is included in “Cost of sales” on our Condensed Consolidated Statement of Operations. We expect additional recoveries in future periods, however, uncertainties remain regarding the amount and timing of future collections. Therefore, we will recognize additional refunds when received.

The Company is a party to various legal proceedings, lawsuits and administrative actions, which are of an ordinary or routine nature for a company of its size and sector. The Company believes that such proceedings, lawsuits and administrative actions will not materially adversely affect its operations, financial condition, liquidity or competitive position. For further description of the Company’s contingencies, reference is made to Note 21, “Contingencies” in the notes to consolidated financial statements in the Company’s 2025 Annual Report.

The Company has been identified as a potentially responsible party (“PRP”) with respect to several sites designated for cleanup under U.S. federal “Superfund” or similar state laws that impose liability for cleanup of certain waste sites and for related natural resource damages. The Company has undiscounted accrued liabilities of $9.3 million and $10.6 million as of June 30, 2026 and December 31, 2025, respectively, on its Condensed Consolidated Balance Sheets to the extent costs are known or can be reasonably estimated for its remaining financial obligations in relation to environmental matters and does not anticipate that any of these matters will result in material additional costs beyond amounts accrued. Based upon consideration of currently available information, the Company does not anticipate any material adverse effect on its results of operations, financial condition, liquidity or competitive position as a result of compliance with federal, state, local or foreign environmental laws or regulations, or cleanup costs relating to these matters.

The Company maintains a holistic approach to M&A that includes comprehensive diligence appropriate for the transaction as well as negotiated representations and warranties. In the ILC Dover transaction, these representations and warranties were backed up by insurance, and we have filed a claim under that policy. During the second quarter of 2026, we collected $25.0 million related to this matter which is included in “Other operating expense (income), net” on our Condensed Consolidated Statement of Operations. In addition, as disclosed in Note 22. “Subsequent Events,” the Company settled for an additional $162.5 million early in the third quarter of 2026. The Company applied a gain contingency model in accordance with ASC 450-30. Under this model, a gain contingency is not recognized until the gain is realized or realizable. The additional $162.5 million will be recorded in the third quarter, which is the period the binding agreement was executed. Additional recoveries related to the ILC Dover transaction, if any, including additional payments under the representation and warranty insurance policy or from other third parties, will be recorded as collections are received or binding agreements are executed.

In February 2026, the United States Supreme Court ruled that tariffs imposed under the International Emergency Economic Powers Act (“IEEPA”) on goods imported into the United States were unauthorized. Following this ruling, and effective on April 20, 2026, the United States Customs and Border Protection launched a platform for importers of record to submit IEEPA tariff refund requests.

The Company applied a gain contingency model in accordance with ASC 450-30. Under this model, a gain contingency is not recognized until the gain is realized or realizable. During the second quarter of 2026, we received $10.3 million of IEEPA tariff refunds, which is included in “Cost of sales” on our Condensed Consolidated Statement of Operations. We expect additional recoveries in future periods, however, uncertainties remain regarding the amount and timing of future collections. Therefore, we will recognize additional refunds when received.