SALES (Tables)

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Contract liabilities

Our contract liabilities as of December 31 consisted of the following ($ in millions):

	2024		2023
Deferred revenue - current	$	553.2	$	544.6
Deferred revenue - noncurrent	58.9		45.8
Total contract liabilities	$	612.1	$	590.4

Schedule of Remaining Performance Obligations

The aggregate remaining performance obligations attributable to each of our segments as of December 31, 2024 is as follows ($ in millions):

	2024
Intelligent Operating Solutions	$	610.4
Precision Technologies	57.8
Advanced Healthcare Solutions	93.9
Total remaining performance obligations	$	762.1

Schedule of Disaggregation of Revenue

Disaggregation of revenue for the year ended December 31, 2024 is presented as follows ($ in millions):

	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	5,282.3	$	2,281.3	$	1,988.6	$	1,012.4
Sales of services	949.5		433.4		240.8		275.3
Total	$	6,231.8	$	2,714.7	$	2,229.4	$	1,287.7
Geographic:
United States	$	3,372.0	$	1,514.2	$	1,136.3	$	721.5
China	648.2		219.8		325.0		103.4
All other	2,211.6		980.7		768.1		462.8
Total	$	6,231.8	$	2,714.7	$	2,229.4	$	1,287.7
End markets: (a)
Direct sales:
Healthcare	$	1,451.8	$	46.6	$	188.0	$	1,217.2
Industrial & Manufacturing	1,336.2		947.1		370.8		18.3
Government	590.2		310.2		241.4		38.6
Utilities & Power	427.4		198.6		228.8		—
Communication, Electronics & Semiconductor	368.1		112.4		255.7		—
Aerospace & Defense	331.2		0.5		330.7		—
Retail & Consumer	335.1		270.8		64.3		—
Oil & Gas	293.7		281.8		11.9		—
Other	717.9		392.5		325.4		—
Total direct sales	5,851.6		2,560.5		2,017.0		1,274.1
Distributors	380.2		154.2		212.4		13.6
Total	$	6,231.8	$	2,714.7	$	2,229.4	$	1,287.7
(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.

Disaggregation of revenue for the year ended December 31, 2023 is presented as follows ($ in millions):

	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	5,137.7	$	2,202.5	$	1,979.0	$	956.2
Sales of services	927.6		409.7		244.7		273.2
Total	$	6,065.3	$	2,612.2	$	2,223.7	$	1,229.4
Geographic:
United States	$	3,288.4	$	1,441.6	$	1,165.1	$	681.7
China	694.9		228.6		361.8		104.5
All other	2,082.0		942.0		696.8		443.2
Total	$	6,065.3	$	2,612.2	$	2,223.7	$	1,229.4
End markets:(a)
Direct sales:
Healthcare	$	1,431.7	$	47.6	$	221.7	$	1,162.4
Industrial & Manufacturing	1,410.1		931.4		461.3		17.4
Government	555.0		288.5		229.8		36.7
Utilities & Power	400.2		189.3		210.9		—
Communication, Electronics & Semiconductor	398.3		100.4		297.9		—
Aerospace & Defense	303.7		0.6		303.1		—
Retail & Consumer	338.6		258.2		80.4		—
Oil & Gas	281.7		271.6		10.1		—
Other	689.0		384.7		304.3		—
Total direct sales	5,808.3		2,472.3		2,119.5		1,216.5
Distributors	257.0		139.9		104.2		12.9
Total	$	6,065.3	$	2,612.2	$	2,223.7	$	1,229.4
(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.

Disaggregation of revenue for the year ended December 31, 2022 is presented as follows ($ in millions):

	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	4,920.1	$	2,097.2	$	1,900.8	$	922.1
Sales of services	905.6		368.9		251.5		285.2
Total	$	5,825.7	$	2,466.1	$	2,152.3	$	1,207.3
Geographic:
United States	$	3,136.8	$	1,356.0	$	1,107.9	$	672.9
China	702.1		217.9		378.7		105.5
All other	1,986.8		892.2		665.7		428.9
Total	$	5,825.7	$	2,466.1	$	2,152.3	$	1,207.3
End markets:(a)
Direct sales:
Healthcare	$	1,458.0	$	46.5	$	270.4	$	1,141.1
Industrial & Manufacturing	1,352.0		887.9		446.2		17.9
Government	471.0		241.3		194.8		34.9
Utilities & Power	368.9		183.1		185.8		—
Communication, Electronics & Semiconductor	399.8		96.3		303.5		—
Aerospace & Defense	259.7		0.6		259.1		—
Retail & Consumer	335.7		248.9		86.8		—
Oil & Gas	271.1		262.1		9.0		—
Other	657.9		367.8		289.9		0.2
Total direct sales	5,574.1		2,334.5		2,045.5		1,194.1
Distributors	251.6		131.6		106.8		13.2
Total	$	5,825.7	$	2,466.1	$	2,152.3	$	1,207.3
(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.