XML 96 R85.htm IDEA: XBRL DOCUMENT v3.22.1
Segment Results - Schedule of Segment Results (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Segment Reporting [Abstract]    
Revenues $ 1,337.0 $ 1,129.5
Adjusted EBITDA 332.5 278.7
Less items to reconcile Segment Adjusted EBITDA to Income Before Income Taxes:    
Interest expense 19.0 23.1
Restructuring and related business transformation costs 14.2 2.7
Acquisition and other transaction related expenses and non-cash charges 7.5 8.3
Stock-based compensation 19.8 21.6
Foreign currency transaction losses (gains), net (3.8) (18.1)
Income from Continuing Operations Before Income Taxes 142.6 100.7
Provision (benefit) for income taxes 32.4 10.6
Loss on equity method investments (4.3) 0.0
Income from Continuing Operations 105.9 90.1
Loss from discontinued operations, net of tax (1.4) (180.2)
Net Income (Loss) 104.5 (90.1)
Depreciation of rental equipment 1.0 1.0
Restructuring Costs [Abstract]    
Restructuring charges 12.5 2.4
Facility reorganization, relocation and other costs 1.7 0.0
Other, net 0.0 0.3
Total restructuring and related business transformation costs 14.2 2.7
Industrial Technologies and Services    
Segment Reporting [Abstract]    
Revenues 1,039.6 913.8
Precision and Science Technologies    
Segment Reporting [Abstract]    
Revenues 297.4 215.7
Operating Segments | Industrial Technologies and Services    
Segment Reporting [Abstract]    
Revenues 1,039.6 913.8
Adjusted EBITDA 247.4 211.5
Operating Segments | Precision and Science Technologies    
Segment Reporting [Abstract]    
Revenues 297.4 215.7
Adjusted EBITDA 85.1 67.2
Corporate expenses not allocated to segments    
Less items to reconcile Segment Adjusted EBITDA to Income Before Income Taxes:    
Corporate expenses not allocated to segments 28.9 34.7
Segment Reconciling Items    
Less items to reconcile Segment Adjusted EBITDA to Income Before Income Taxes:    
Interest expense 19.0 23.1
Depreciation and amortization expenses 107.5 104.5
Restructuring and related business transformation costs 14.2 2.7
Acquisition and other transaction related expenses and non-cash charges 9.5 10.5
Stock-based compensation 19.8 21.6
Foreign currency transaction losses (gains), net (3.8) (18.1)
Other adjustments (5.2) (1.0)
Income from Continuing Operations Before Income Taxes 142.6 100.7
Restructuring Costs [Abstract]    
Total restructuring and related business transformation costs $ 14.2 $ 2.7