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Consolidated and Combined Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 237.5 $ 131.2
Accounts and notes receivable, net of allowances of $13.7 and $14.3, respectively 693.0 473.1
Inventories 471.9 360.3
Other current assets 237.2 123.9
Current assets held for sale 0.0 300.8
Total current assets 1,639.6 1,389.3
Property, plant and equipment, net 434.5 347.9
Other assets    
Goodwill 2,678.0 2,221.8
Intangibles, net 1,876.5 1,587.0
Other non-current assets 223.3 213.6
Non-current assets held for sale 0.0 975.3
Total other assets 4,777.8 4,997.7
Total assets 6,851.9 6,734.9
Current liabilities    
Current maturities of long-term debt and short-term borrowings 13.8 37.5
Accounts payable 358.9 280.1
Employee compensation and benefits 156.6 95.0
Other current liabilities 474.2 266.5
Current liabilities held for sale 0.0 122.5
Total current liabilities 1,003.5 801.6
Other liabilities    
Long-term debt 1,546.0 2,117.5
Pension and other post-retirement compensation and benefits 135.6 131.7
Deferred tax liabilities 232.0 242.7
Other non-current liabilities 204.6 157.9
Non-current liabilities held for sale 0.0 45.9
Total liabilities 3,121.7 3,497.3
Equity    
Ordinary shares $0.01 par value, 400.0 million authorized, 161.7 million and 165.0 million issued at December 31, 2025 and 2024, respectively 1.6 1.7
Additional paid-in capital 2,072.3 2,271.7
Retained earnings 1,687.5 1,108.6
Accumulated other comprehensive loss (31.2) (144.4)
Total equity 3,730.2 3,237.6
Total liabilities and equity $ 6,851.9 $ 6,734.9