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Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions, by Acquisition
Net assets acquired (in millions)
Total current assets$33.6 
Property, plant and equipment17.3 
Other assets6.9 
Intangible assets155.5 
Goodwill133.7 
Total assets acquired$347.0 
Total current liabilities$37.4 
Other liabilities41.2 
Total assumed liabilities$78.6 
Net assets acquired$268.4 
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
Intangible Assets (dollars in millions)
Intangible Fair ValueWeighted Average Life
Intellectual property rights$1.5 5.0
Customer relationships115.5 19.3
Developed technology36.5 5.7
Backlog2.0 0.7
Total acquired intangible assets$155.5 
Schedule of Pro Forma Information
The following unaudited pro forma consolidated and combined information assumes that the acquisition was completed on January 1, 2023. The unaudited pro forma consolidated and combined information is provided for illustrative purposes only and is not indicative of our actual consolidated and combined results of operations or consolidated financial position.
(in millions) For the year ended December 31,20242023
Net sales$1,532.0 $1,507.7 
Net income attributable to common shareholders$199.7 $161.1