Business Combinations (Tables)

3 Months Ended

Mar. 31, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of consideration to the fair values of identifiable assets acquired and liabilities assumed at the acquisition date.

	Seepex		M-D Pneumatics and Kinney Vacuum Pumps		Maximus Solutions		All Others
Accounts receivable	$	24.9	$	4.8	$	4.3	9.4
Inventories	42.5		3.8		2.9		10.5
Other current assets	1.9		0.2		0.2		0.3
Property, plant and equipment	40.6		16.2		2.1		15.0
Goodwill	248.3		81.5		75.7		79.0
Other intangible assets	239.2		82.5		39.5		95.9
Other assets	1.3		—		—		—
Total current liabilities	(35.2)		(3.5)		(2.4)		(4.1)
Deferred tax liabilities	(75.4)		—		(11.3)		(4.1)
Other noncurrent liabilities	(6.0)		(1.5)		—		(0.9)
Total consideration	$	482.1	$	184.0	$	111.0	201.0