XML 13 R2.htm IDEA: XBRL DOCUMENT v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Net sales    
Net sales $ 2,649.5 $ 2,036.0
Costs and expenses    
Cost of sales 1,649.8 1,349.5
Operating expenses    
Selling, general and administrative expenses 456.7 346.3
Amortization of intangibles 77.6 46.0
Restructuring costs (4.9) 1.1
Foreign currency (gain) loss, net (1.6) 2.6
Other operating expense (income) 31.8 (0.2)
Operating profit (loss) 440.1 290.7
Interest expense (income), net (4.4) 25.3
Loss on extinguishment of debt 6.2 0.0
Income (loss) before income taxes 438.3 265.4
Income tax expense (benefit) 48.2 100.9
Net income (loss) $ 390.1 $ 164.5
Earnings (loss) per share:    
Basic (in dollars per share) $ 1.02 $ 0.43
Diluted (in dollars per share) $ 0.99 $ 0.42
Weighted-average shares outstanding:    
Basic (in shares) 382,921,496 380,845,511
Diluted (in shares) 392,128,170 390,109,650
Products    
Net sales    
Net sales $ 2,135.8 $ 1,649.7
Costs and expenses    
Cost of sales 1,348.4 1,112.1
Services    
Net sales    
Net sales 513.7 386.3
Costs and expenses    
Cost of sales $ 301.4 $ 237.4