CONSOLIDATED AND COMBINED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023
Operating activities:
Net income attributable to common shareholders		$ 79.4	$ 86.9
Adjustments to reconcile net income to net cash flows provided by operating activities:
Depreciation and amortization		38.7	38.5
Stock-based compensation expense		4.9	4.7
Unrealized loss on forward contracts		0.2	0.0
Defined benefit plans and postretirement credit		(0.3)	(0.4)
Deferred income taxes		0.2	4.8
Cash used for operating working capital		(58.4)	(36.7)
Other		1.6	(2.8)
Total provided by operating activities		66.3	95.0
Investing activities:
Payment for acquisition, net of cash acquired		(269.8)	0.0
Capital expenditures		(21.4)	(8.5)
Proceeds from settlement of forward contracts		0.1	0.0
Total used for investing activities		(291.1)	(8.5)
Financing activities:
Dividends paid		(18.3)	(7.9)
Proceeds from stock options exercised		1.9	1.9
Payment of tax withholding on equity awards vested		(6.4)	0.0
Debt issuance costs		0.0	(5.2)
Repayment of long-term debt		0.0	300.0
Proceeds from revolving credit facility		280.0	0.0
Repayment of revolving credit facility		(65.0)	0.0
Proceeds from term loan		0.0	350.0
Repayment of term loan		(2.0)	(50.0)
Net transfers to Crane		0.0	(32.5)
Total provided by (used for) financing activities		190.2	(43.7)
Effect of exchange rates on cash, cash equivalents and restricted cash		(9.5)	3.4
Decrease in cash, cash equivalents and restricted cash		(44.1)	46.2
Cash and cash equivalents at beginning of period		227.2	230.7
Cash, cash equivalents and restricted cash at end of period	[1]	183.1	276.9
Current restricted cash		1.4	0.0
Noncurrent restricted cash		6.2	0.0
Detail of cash used for operating working capital:
Accounts receivable		1.1	5.9
Inventories		(3.1)	(18.4)
Other current assets		(4.5)	(3.9)
Accounts payable		(9.5)	(8.8)
Accrued liabilities		(25.4)	(12.3)
U.S. and foreign taxes on income		(17.0)	0.8
Total		(58.4)	(36.7)
Supplemental disclosure of cash flow information:
Interest paid		19.2	19.8
Income taxes paid		41.7	28.9
Unpaid capital expenditures		$ 3.5	$ 1.6

[1] Includes both current and non-current balances of restricted cash. Current restricted cash, included within “Other current assets” in our Unaudited Consolidated and Combined Condensed Balance Sheets, was $1.4 million and $0.0 million as of June 30, 2024, and June 30, 2023, respectively. Non-current restricted cash, included within “Other assets” in our Unaudited Consolidated and Combined Condensed Balance Sheets, was $6.2 million and $0.0 million as of June 30, 2024, and June 30, 2023, respectively.