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CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Net sales      
Net sales $ 10,229.9 $ 8,011.8 $ 6,863.2
Costs and expenses      
Cost of sales 6,514.7 5,077.6 4,462.7
Operating expenses      
Selling, general and administrative expenses 1,617.8 1,374.0 1,312.3
Amortization of intangibles 200.4 184.2 181.3
Restructuring costs 54.5 5.3 28.6
Foreign currency (gain) loss, net 12.0 9.3 16.0
Other operating expense (income) 0.8 (6.0) (9.9)
Operating profit (loss) 1,829.7 1,367.4 872.2
Interest expense, net 86.1 150.4 180.1
Loss on extinguishment of debt 1.7 2.4 0.5
Change in fair value of warrant liabilities 0.0 449.2 157.9
Income (loss) before income taxes 1,741.9 765.4 533.7
Income tax expense 409.1 269.6 73.5
Net income (loss) $ 1,332.8 $ 495.8 $ 460.2
Earnings (loss) per share:      
Basic (USD per share) $ 3.49 $ 1.32 $ 1.21
Diluted (USD per share) $ 3.41 $ 1.28 $ 1.19
Weighted-average shares outstanding      
Basic (in shares) 381,712,181 376,418,933 380,144,059
Diluted (in shares) 390,652,824 386,325,058 386,226,267
Products      
Net sales      
Net sales $ 8,390.6 $ 6,393.5 $ 5,406.1
Costs and expenses      
Cost of sales 5,447.2 4,099.4 3,575.7
Services      
Net sales      
Net sales 1,839.3 1,618.3 1,457.1
Costs and expenses      
Cost of sales $ 1,067.5 $ 978.2 $ 887.0