Segment Information

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Segment Information

Note 6. Segment Information

The Company has one operating and reportable segment which reflects the manner in which the Company’s Chief Operating Decision Maker (“CODM”), its Chief Executive Officer, reviews and assesses the performance of the business and allocates resources.

The information used by the CODM to assess performance and allocate resources includes various measures of segment profit, however, for the purposes of the disclosures required by ASC 280, Segment Reporting, the Company has determined that the measure most consistent with the measurement principles used in measuring the corresponding amounts in the consolidated financial statements is net income. Consolidated financial information is used to monitor forecast versus actual results in order to make key operating decisions. The CODM does not evaluate the performance of the Company or allocate resources at any level below the consolidated level or based on the Company's assets or liabilities.

The following table presents the significant segment expenses, in the context of deriving net income, that are regularly provided to and reviewed by the CODM, reconciled to the segment’s net income:

Year ended December 31,	2025		2024		2023
Revenue	$	4,590.7	$	4,284.2	$	3,679.6
Significant segment expenses
Costs of services	1,431.3		1,415.7		1,007.6
Cost of inventory sold	1,030.6		863.8		893.6
Selling, general and administrative	905.2		773.9		743.7
Acquisition-related and integration costs	19.4		29.0		216.1
Depreciation and amortization	483.4		444.4		352.2
Interest expense	191.6		233.7		213.8
Income tax expense	108.0		137.3		76.4
Other segment items	(6.4)		(26.4)		(29.8)
Net income	$	427.6	$	412.8	$	206.0

Other segment items consists of gain on disposition of property, plant and equipment, loss on divestiture and deconsolidation, net, interest income, other income (loss), net, and foreign exchange loss, as reported on the consolidated income statements.

The following table presents property, plant and equipment, net by geographic area based on underlying asset location:

	December 31, 2025		December 31, 2024
United States	$	1,035.4	$	947.7
Canada	254.1		176.4
Europe	121.6		113.0
Australia	91.0		18.2
Other	20.2		20.1
Property, plant and equipment, net	$	1,522.3	$	1,275.4

The geographic composition of operating lease right-of-use assets is similar to that of property, plant, and equipment.