v3.26.1
Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination [Line Items]  
Changes in Carrying Amount of Goodwill by Reportable Segment

The following table summarizes the changes in the carrying amount of goodwill by reportable segment, including the effects of changes to our reportable segments (in millions):

 

 

 

Americas

 

 

EMEA

 

 

Asia Pacific

 

 

Total

 

Balance at December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

9,256.4

 

 

$

1,405.4

 

 

$

619.8

 

 

$

11,281.6

 

Accumulated impairment losses

 

 

(7.7

)

 

 

(1,326.8

)

 

 

-

 

 

 

(1,334.5

)

 

$

9,248.7

 

 

$

78.6

 

 

$

619.8

 

 

$

9,947.1

 

Goodwill reportable segment change

 

 

19.9

 

 

 

(2.0

)

 

 

(17.9

)

 

 

-

 

Purchase accounting adjustments related to Paragon 28 acquisition

 

 

(7.0

)

 

 

-

 

 

 

-

 

 

 

(7.0

)

Purchase accounting adjustments related to Monogram acquisition

 

 

0.6

 

 

 

-

 

 

 

-

 

 

 

0.6

 

Currency translation

 

 

(23.4

)

 

 

(1.1

)

 

 

3.3

 

 

 

(21.2

)

Balance at June 30, 2026

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

$

9,246.5

 

 

$

1,402.3

 

 

$

605.2

 

 

$

11,254.0

 

Accumulated impairment losses

 

 

(7.7

)

 

 

(1,326.8

)

 

 

-

 

 

 

(1,334.5

)

 

$

9,238.8

 

 

$

75.5

 

 

$

605.2

 

 

$

9,919.5

 
Paragon 28 [Member]  
Business Combination [Line Items]  
Summary of Estimates of Fair Value of Assets Acquired and Liabilities Assumed The following table summarizes the final estimates of fair value of the assets acquired and liabilities assumed related to the Paragon 28 acquisition (in millions):

 

Cash consideration

 

$

1,241.5

 

Contingent consideration

 

 

35.0

 

   Fair value of consideration transferred

 

$

1,276.5

 

 

 

 

 

Cash

 

$

15.2

 

Accounts receivable, net

 

 

42.0

 

Inventories

 

 

152.6

 

Prepaid expenses and other current assets

 

 

5.6

 

Intangible assets subject to amortization:

 

 

 

   Technology

 

 

324.0

 

   Trademarks and trade names

 

 

44.0

 

   Customer relationships

 

 

91.5

 

Intangible assets not subject to amortization:

 

 

 

   In-process research and development (IPR&D)

 

 

103.0

 

Property, plant and equipment

 

 

68.0

 

Other assets

 

 

2.4

 

Current liabilities

 

 

(93.2

)

Deferred income taxes

 

 

(89.8

)

Other long-term liabilities

 

 

(1.9

)

   Total identifiable net assets

 

$

663.4

 

 

 

 

 

Goodwill

 

$

613.1

 

 
Monogram [Member]  
Business Combination [Line Items]  
Summary of Estimates of Fair Value of Assets Acquired and Liabilities Assumed The following table summarizes the final estimates of fair value of the assets acquired and liabilities assumed related to the Monogram acquisition (in millions):

 

 

Cash consideration

 

$

175.9

 

Contingent consideration

 

 

201.6

 

   Fair value of consideration transferred

 

$

377.5

 

 

 

 

 

Current assets

 

$

9.4

 

Intangible assets not subject to amortization:

 

 

 

   In-process research and development (IPR&D)

 

 

131.5

 

Other assets

 

 

1.5

 

Current liabilities

 

 

(14.3

)

Deferred income taxes

 

 

(14.1

)

Other long-term liabilities

 

 

(0.1

)

   Total identifiable net assets

 

$

113.9

 

 

 

 

 

Goodwill

 

$

263.6