Acquisitions (Tables)

12 Months Ended

Dec. 31, 2025

Paragon 28 [Member]

Business Combination [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 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		36.8
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		2.3
Current liabilities		(95.5	)
Deferred income taxes		(89.2	)
Other long-term liabilities		(1.9	)
Net assets acquired	$	656.4
Goodwill	$	620.1

Monogram [Member]

Business Combination [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 Monogram acquisition (in millions):

Initial consideration	$	175.9
Contingent consideration		201.6
Fair value of consideration transferred	$	377.5
Current assets	$	9.4
Intangible assets not subject to amortization:
IPR&D		131.5
Other assets		1.5
Current liabilities		(13.9	)
Deferred income taxes		(13.9	)
Other long-term liabilities		(0.1	)
Total identifiable net assets	$	114.5
Goodwill	$	263.0

2024 Acquisitions [Member]

Business Combination [Line Items]

Summary of Estimates of Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the aggregate final estimates of fair value of the assets acquired and liabilities assumed related to the 2024 acquisitions (in millions):

Cash consideration	$	294.8
Contingent consideration		61.0
Fair value of consideration transferred	$	355.8
Current assets	$	24.4
Intangible assets subject to amortization:
Technology		112.5
Trademarks and trade names		5.0
Customer relationships		40.8
Intangible assets not subject to amortization:
IPR&D		7.0
Other assets		4.1
Current liabilities		(6.4	)
Deferred income taxes		(33.9	)
Other long-term liabilities		(0.5	)
Total identifiable net assets	$	152.9
Goodwill	$	202.9

2023 Acquisitions [Member]

Business Combination [Line Items]

Summary of Estimates of Fair Value of Assets Acquired and Liabilities Assumed

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

Initial consideration	$	272.4
Contingent consideration		138.5
Fair value of consideration transferred	$	410.9
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
Other assets		4.8
Current liabilities		(8.2	)
Deferred income taxes		(37.7	)
Total identifiable net assets	$	195.9
Goodwill	$	215.0