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Acquisitions (Tables)
9 Months Ended
Sep. 30, 2024
2024 Acquisitions [Member]  
Business Acquisition [Line Items]  
Summary of Estimates of Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimates of fair value of the assets acquired and liabilities assumed related to the three acquisitions described above (in millions):

 

Current assets

 

$

20.0

 

Intangible assets subject to amortization:

 

 

 

   Technology

 

 

26.0

 

   Trademarks and trade names

 

 

1.1

 

   Customer relationships

 

 

38.5

 

Intangible assets not subject to amortization:

 

 

 

   In-process research and development (IPR&D)

 

 

7.0

 

Goodwill

 

 

84.7

 

Other assets

 

 

4.3

 

Total assets acquired

 

 

181.7

 

Current liabilities

 

 

7.6

 

Deferred income taxes

 

 

14.9

 

Other long-term liabilities

 

 

0.5

 

Total liabilities assumed

 

 

23.0

 

Net assets acquired

 

$

158.7

 

2023 Acquisitions [Member]  
Business Acquisition [Line Items]  
Summary of Estimates of Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimates of fair value of the assets acquired and liabilities assumed related to the 2023 acquisitions (in millions):

 

Current assets

 

$

13.1

 

Intangible assets subject to amortization:

 

 

 

   Technology

 

 

144.0

 

   Trademarks and trade names

 

 

3.5

 

   Customer relationships

 

 

40.1

 

Intangible assets not subject to amortization:

 

 

 

   IPR&D

 

 

36.3

 

Goodwill

 

 

215.0

 

Other assets

 

 

4.8

 

Total assets acquired

 

 

456.8

 

Current liabilities

 

 

8.2

 

Deferred income taxes

 

 

37.7

 

Total liabilities assumed

 

 

45.9

 

Net assets acquired

 

$

410.9