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CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net sales      
Net sales $ 8,011.8 $ 6,863.2 $ 5,691.5
Costs and expenses      
Cost of sales 5,077.6 4,462.7 4,075.4
Operating expenses      
Selling, general and administrative expenses 1,374.0 1,312.3 1,178.3
Amortization of intangibles 184.2 181.3 215.8
Restructuring costs 5.3 28.6 0.7
Foreign currency (gain) loss, net 9.3 16.0 3.7
Other operating expense (income) (6.0) (9.9) (5.8)
Operating profit (loss) 1,367.4 872.2 223.4
Interest expense, net 150.4 180.1 147.3
Loss on extinguishment of debt 2.4 0.5 0.0
Change in fair value of warrant liabilities 449.2 157.9 (90.9)
Income (loss) before income taxes 765.4 533.7 167.0
Income tax expense 269.6 73.5 90.4
Net income (loss) $ 495.8 $ 460.2 $ 76.6
Earnings (loss) per share:      
Basic (USD per share) $ 1.32 $ 1.21 $ 0.20
Diluted (USD per share) $ 1.28 $ 1.19 $ (0.04)
Weighted-average shares outstanding      
Basic (in shares) 376,418,933 380,144,059 376,730,519
Diluted (in shares) 386,325,058 386,226,267 378,224,051
Products      
Net sales      
Net sales $ 6,393.5 $ 5,406.1 $ 4,335.3
Costs and expenses      
Cost of sales 4,099.4 3,575.7 3,219.1
Services      
Net sales      
Net sales 1,618.3 1,457.1 1,356.2
Costs and expenses      
Cost of sales $ 978.2 $ 887.0 $ 856.3