v3.26.1
Segment Reporting - Schedule of Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Segment Reporting [Line Items]          
Revenues $ 2,048.8 $ 1,887.9 $ 3,896.0 $ 3,604.7  
Segment cost of sales 1,186.2 1,063.0 2,241.0 2,014.3  
Segment selling and administrative expenses 400.8 371.2 771.5 721.2  
Less items to reconcile Segment Adjusted EBITDA to Income Before Income Taxes:          
Interest expense 63.3 62.7 127.1 123.9  
Impairment of goodwill and other intangible assets     0.0 265.8  
Restructuring and related business transformation costs 3.2 3.4 11.9 8.8  
Stock-based compensation     33.7 30.9  
Foreign currency transaction losses, net 2.7 6.0 4.9 12.8  
Adjustments to LIFO inventories     11.6 10.3  
Recovery of acquisition related losses, net (25.0) 0.0 (25.0) 0.0  
Income Before Income Taxes 327.1 28.1 557.0 281.2  
Provision for income taxes 69.1 21.0 105.2 79.5  
Loss on equity method investments 0.0 (120.9) 0.0 (127.1)  
Net Income (Loss) 258.0 (113.8) 451.8 74.6  
Depreciation of rental equipment 0.9 1.3 2.0 2.4  
Restructuring and related business transformation costs          
Restructuring charges 3.2 3.2 11.9 8.5  
Facility reorganization, relocation and other costs 0.0 0.2 0.0 0.3  
Total restructuring and related business transformation costs 3.2 3.4 11.9 8.8  
Total depreciation and amortization expense 132.8 120.5 269.7 240.5  
Total capital expenditures 27.0 35.3 63.3 69.0  
Total identifiable assets 18,194.1   18,194.1   $ 18,297.2
Industrial Technologies and Services          
Segment Reporting [Line Items]          
Revenues 1,622.1 1,491.6 3,066.6 2,843.7  
Precision and Science Technologies          
Segment Reporting [Line Items]          
Revenues 426.7 396.3 829.4 761.0  
Operating Segments          
Segment Reporting [Line Items]          
Revenues 2,048.8 1,887.9 3,896.0 3,604.7  
Segment cost of sales 1,148.8 1,027.3 2,169.2 1,945.8  
Segment selling and administrative expenses 332.7 318.8 651.6 620.4  
Other segment items (1.7) (2.2) (1.2) (0.8)  
Segment Adjusted EBITDA 569.0 544.0 1,076.4 1,039.3  
Operating Segments | Industrial Technologies and Services          
Segment Reporting [Line Items]          
Revenues 1,622.1 1,491.6 3,066.6 2,843.7  
Segment cost of sales 931.8 824.9 1,746.2 1,554.8  
Segment selling and administrative expenses 257.3 241.6 501.5 473.3  
Other segment items (1.5) (2.1) (1.1) (0.7)  
Segment Adjusted EBITDA 434.5 427.2 820.0 816.3  
Restructuring and related business transformation costs          
Restructuring charges 0.6 1.8 3.2 5.8  
Total depreciation and amortization expense 66.3 68.5 137.5 136.1  
Total capital expenditures 16.7 17.1 46.5 43.5  
Total identifiable assets 11,294.6   11,294.6   11,266.4
Operating Segments | Precision and Science Technologies          
Segment Reporting [Line Items]          
Revenues 426.7 396.3 829.4 761.0  
Segment cost of sales 217.0 202.4 423.0 391.0  
Segment selling and administrative expenses 75.4 77.2 150.1 147.1  
Other segment items (0.2) (0.1) (0.1) (0.1)  
Segment Adjusted EBITDA 134.5 116.8 256.4 223.0  
Restructuring and related business transformation costs          
Restructuring charges 2.3 0.9 8.0 2.3  
Total depreciation and amortization expense 65.3 50.9 129.9 102.1  
Total capital expenditures 6.6 14.6 12.8 21.5  
Total identifiable assets 5,673.0   5,673.0   5,656.4
Corporate and other          
Less items to reconcile Segment Adjusted EBITDA to Income Before Income Taxes:          
Corporate expenses not allocated to segments 49.1 34.6 87.4 70.2  
Restructuring and related business transformation costs          
Restructuring charges 0.3 0.5 0.7 0.4  
Total depreciation and amortization expense 1.2 1.1 2.3 2.3  
Total capital expenditures 3.7 3.6 4.0 4.0  
Total identifiable assets 1,226.5   1,226.5   $ 1,374.4
Segment Reconciling Items          
Less items to reconcile Segment Adjusted EBITDA to Income Before Income Taxes:          
Interest expense 63.3 62.7 127.1 123.9  
Depreciation and amortization expense 131.9 119.2 267.7 238.1  
Impairment of goodwill and other intangible assets 0.0 265.8 0.0 265.8  
Restructuring and related business transformation costs 3.2 3.4 11.9 8.8  
Acquisition and other transaction related expenses and non-cash charges, net (2.7) 11.8 10.9 21.6  
Stock-based compensation 17.8 16.7 33.7 30.9  
Foreign currency transaction losses, net 2.7 6.0 4.9 12.8  
Adjustments to LIFO inventories 6.2 7.3 11.6 10.3  
Cybersecurity incident costs 0.0 (1.1) 0.0 (1.3)  
Recovery of acquisition related losses, net (25.0) 0.0 (25.0) 0.0  
Interest income on cash and cash equivalents (5.5) (8.9) (10.6) (19.2)  
Other adjustments 0.9 (1.6) (0.2) (3.8)  
Income Before Income Taxes 327.1 28.1      
Restructuring and related business transformation costs          
Total restructuring and related business transformation costs $ 3.2 $ 3.4 $ 11.9 $ 8.8