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Consolidated Statements of Changes in Equity - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred Stock
Preferred Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-In Capital
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Shares
Treasury Shares
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjusted Balance
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2020     1.4   339.0                        
Beginning balance at Dec. 31, 2020     $ 0.0   $ 3.4   $ 3,554.5     $ 0.0   $ 5,547.4     $ (141.1)   $ 8.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net earnings for the period $ 608.4                     608.4          
Dividends to common shareholders                       (97.7)          
Mandatory convertible preferred dividends (34.5)                     (34.5)          
Conversion of Mandatory convertible preferred stock to common stock (in shares)     (1.4)   (19.4)                        
Conversion of Mandatory convertible preferred stock to common stock         $ 0.2                        
Other comprehensive income (loss) $ (43.9)                           (43.9)    
Common stock-based award activity (in shares)         0.7                        
Common stock-based award activity             134.5                    
Shares withheld for taxes             (16.8)                    
Early extinguishment of 0.00875 senior convertible notes due 2022             (11.6)                    
Vontier Separation and other             8.6                    
Change in noncontrolling interests             0.8                   (3.7)
Ending balance (in shares) at Dec. 31, 2021     0.0 0.0 359.1 359.1                      
Ending balance at Dec. 31, 2021   $ 4.8 $ 0.0 $ 0.0 $ 3.6 $ 3.6 3,670.0 $ (65.7) $ 3,604.3 0.0 $ 0.0 6,023.6 $ 62.8 $ 6,086.4 (185.0) $ (185.0) 4.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Accounting standards update [extensible list] Accounting Standards Update 2020-06 [Member]                                
Net earnings for the period $ 755.2                     755.2          
Dividends to common shareholders (99.5)                     (99.5)          
Other comprehensive income (loss) (140.7)                           (140.7)    
Common stock-based award activity (in shares)         1.0                        
Common stock-based award activity             115.2                    
Common stock repurchases (in shares)         (7.0)                        
Common stock repurchases                   (442.9)              
Shares withheld for taxes (in shares)         (0.2)                        
Shares withheld for taxes             (13.2)                    
Change in noncontrolling interests 0.4                                
Ending balance (in shares) at Dec. 31, 2022     0.0   352.9                        
Ending balance at Dec. 31, 2022 9,688.6   $ 0.0   $ 3.6   3,706.3     (442.9)   6,742.1     (325.7)   5.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                  
Net earnings for the period 865.8                     865.8          
Dividends to common shareholders (102.0)                     (102.0)          
Other comprehensive income (loss) (0.4)                           (0.4)    
Common stock-based award activity (in shares)         2.3                        
Common stock-based award activity             176.8                    
Common stock repurchases (in shares)         (4.0)                        
Common stock repurchases                   (272.9)              
Shares withheld for taxes (in shares)         (0.5)                        
Shares withheld for taxes             (31.8)                    
Change in noncontrolling interests 1.2                                
Ending balance (in shares) at Dec. 31, 2023     0.0   350.7                        
Ending balance at Dec. 31, 2023 $ 10,325.3   $ 0.0   $ 3.6   $ 3,851.3     $ (715.8)   $ 7,505.9     $ (326.1)   $ 6.4