Acquisitions (Tables)

12 Months Ended

Dec. 31, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Business Combination

The preliminary allocation of the purchase price as of the acquisition date was as follows:

(Amounts in millions)	Amount
Total consideration paid	$	551.3
Cash and cash equivalents	6.3
Accounts receivable, net	22.9
Inventory, net	67.4
Other current assets	0.5
Property, plant and equipment	18.3
Right-of-use assets from operating leases	29.8
Other assets, net	1.2
Intangible assets acquired	235.0
Accounts payable	(9.7)
Accrued expenses	(9.3)
Current operating lease liabilities	(2.9)
Long-term operating lease liabilities	(26.3)
Other liabilities	(59.1)
Total net assets acquired	$	274.1
Goodwill as of acquisition date	$	277.2

The following table details the purchase price adjustments that were made during the first and fourth quarters of 2024 (in millions):

(Amounts in millions)	December 31, 2023		Adjustment		December 31, 2024
Net tangible assets acquired	$	17.6	$	(1.7)	$	15.9
Intangible assets acquired	36.9		2.1		39.0
Goodwill	40.4		(2.1)		38.3
Total investment	$	94.9	$	(1.7)	$	93.2

Business Combination, Intangible Asset, Acquired, Finite-Lived

The amounts allocated to intangible assets are as follows:

(Amounts in millions)	Gross Carrying Amount		Useful Life	Amortization Method
Customer relationships	$	180.3	19 years	Straight-line
Trade names	54.7		20 years	Straight-line
Total	$	235.0