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Acquisitions (Tables)
3 Months Ended
Mar. 31, 2024
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes our preliminary estimates of the fair values of the assets acquired and liabilities assumed in the ECM Industries acquisition as previously reported as of December 31, 2023 and revised as of March 31, 2024:
In millionsAs Previously Reported As Revised
Cash$45.7 $45.7 
Accounts receivable77.0 77.0 
Inventories104.2 99.1 
Other current assets4.9 4.9 
Property, plant and equipment75.3 75.2 
Identifiable intangible assets524.0 524.0 
Goodwill375.7 379.5 
Other assets17.0 17.0 
Current liabilities(53.9)(53.8)
Other liabilities(35.8)(34.5)
Purchase price$1,134.1 $1,134.1 
Business Acquisition, Pro Forma Information
The following table presents unaudited pro forma financial information as if the ECM Industries acquisition had occurred on January 1, 2022:
Three months ended
In millions, except per share dateMarch 31, 2023
Pro forma net sales$847.1 
Pro forma net income96.2 
Pro forma earnings per ordinary share
Basic$0.58 
Diluted0.57