Acquisitions (Tables)

6 Months Ended

Jun. 30, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the allocation of consideration for all businesses acquired in 2023 to the fair values of identifiable assets acquired and liabilities assumed at the acquisition dates. Initial accounting for these acquisitions is substantially complete,

mainly pending the measurement of certain income tax-related assets and liabilities. Any further adjustments during the measurement period are not expected to be material.

	Air Treatment		All Others		Total
Accounts receivable	$	26.1	$	5.9	$	32.0
Inventories	43.9		12.5		56.4
Other current assets	2.2		0.5		2.7
Property, plant and equipment	18.4		2.7		21.1
Goodwill	276.7		75.2		351.9
Other intangible assets	238.6		18.4		257.0
Other assets	24.1		—		24.1
Total current liabilities	(35.6)		(6.5)		(42.1)
Deferred tax liabilities	(68.5)		—		(68.5)
Other noncurrent liabilities	(6.9)		(2.8)		(9.7)
Total consideration	$	519.0	$	105.9	$	624.9

The following table summarizes the allocation of consideration for all businesses acquired in 2022 to the fair values of identifiable assets acquired and liabilities assumed at the acquisition dates. Initial accounting for all 2022 acquisitions is substantially complete.

	Dosatron International		All Others		Total
Accounts receivable	$	1.8	$	16.2	$	18.0
Inventories	6.2		20.4		26.6
Other current assets	0.1		1.3		1.4
Property, plant and equipment	0.3		8.9		9.2
Goodwill	57.4		151.9		209.3
Other intangible assets	41.9		43.0		84.9
Other assets	13.8		0.9		14.7
Total current liabilities	(3.5)		(30.7)		(34.2)
Deferred tax liabilities	(13.8)		(9.7)		(23.5)
Other noncurrent liabilities	—		(1.9)		(1.9)
Total consideration	$	104.2	$	200.3	$	304.5