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Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Financial Information and a Reconciliation of Segment
Segment financial information and a reconciliation of segment results to consolidated results follows:
 Years Ended December 31,
 202420232022
Revenue:
Engineered Products$1,202,457 $1,250,925 $1,379,512 
Clean Energy & Fueling1,936,784 1,788,277 1,878,507 
Imaging & Identification1,137,165 1,116,732 1,123,815 
Pumps & Process Solutions1,894,566 1,755,691 1,728,235 
Climate & Sustainability Technologies1,579,649 1,778,582 1,737,724 
Total segment revenues
7,750,621 7,690,207 7,847,793 
Intersegment eliminations(4,712)(5,731)(3,619)
Total consolidated revenue$7,745,909 $7,684,476 $7,844,174 
Adjusted cost of goods and services:(1)
Engineered Products$806,133 $834,095 $935,128 
Clean Energy & Fueling1,232,836 1,155,988 1,212,716 
Imaging & Identification520,748 531,194 550,634 
Pumps & Process Solutions1,016,622 955,472 885,903 
Climate & Sustainability Technologies1,130,736 1,281,593 1,292,716 
Total adjusted segment cost of goods and services
$4,707,075 $4,758,342 $4,877,097 
Adjusted selling, general and administrative expenses:(2)
Engineered Products$165,087 $192,779 $203,888 
Clean Energy & Fueling343,955 303,685 312,798 
Imaging & Identification314,710 313,026 305,097 
Pumps & Process Solutions341,338 315,814 309,314 
Climate & Sustainability Technologies198,038 191,609 190,524 
Total adjusted segment selling, general and administrative expenses
$1,363,128 $1,316,913 $1,321,621 
Earnings from continuing operations:
Segment earnings:
Engineered Products
$231,237 $224,051 $240,496 
Clean Energy & Fueling359,993 328,604 352,993 
Imaging & Identification301,707 272,512 268,084 
Pumps & Process Solutions536,606 484,405 533,018 
Climate & Sustainability Technologies
250,875 305,380 254,484 
Total segment earnings1,680,418 1,614,952 1,649,075 
Purchase accounting expenses (3)
186,241 158,582 174,397 
Restructuring and other costs (4)
84,983 62,927 36,209 
Disposition costs (5)
— 1,302 — 
(Gain) loss on dispositions (6)
(597,798)— 194 
Corporate expense / other (7)
155,963 151,333 136,045 
Interest expense131,171 131,304 116,456 
Interest income(37,158)(13,496)(4,429)
Earnings before provision for income taxes1,757,016 1,123,000 1,190,203 
Provision for income taxes357,048 179,136 200,291 
Earnings from continuing operations
$1,399,968 $943,864 $989,912 
(1) Adjusted cost of goods and services exclude expenses related to purchase accounting and restructuring and other costs.
(2) Adjusted selling, general and administrative expenses exclude expenses related to purchase accounting, restructuring and other costs, disposition costs, and (gain) loss on dispositions and include other income, net.
(3) Purchase accounting expenses are primarily comprised of amortization of intangible assets and charges related to fair value step-ups for acquired inventory sold during the period.
(4) Restructuring and other costs relate to actions taken for headcount reductions, facility consolidations and site closures, product line exits, and other asset charges. Restructuring and other costs consist of the following:
Years Ended December 31,
202420232022
Restructuring$69,810 $49,901 $30,480 
Other costs, net15,173 13,026 5,729 
Restructuring and other costs $84,983 $62,927 $36,209 
(5) Disposition costs related to the sale of De-Sta-Co in our Engineered Products segment.
(6) (Gain) loss on dispositions includes post-closing adjustments, see Note 4 — Discontinued and Disposed Operations.
(7) Certain expenses are maintained at the corporate level and not allocated to the segments. These expenses include executive and functional compensation costs, non-service pension costs, non-operating insurance expenses, shared business services and digital and IT overhead costs, deal-related expenses and various administrative expenses relating to the corporate headquarters.

Segment margin and a reconciliation of segment depreciation and amortization to consolidated results follows:
Years Ended December 31,
202420232022
Segment margins:
Engineered Products19.2 %17.9 %17.4 %
Clean Energy & Fueling18.6 %18.4 %18.8 %
Imaging & Identification26.5 %24.4 %23.9 %
Pumps & Process Solutions28.3 %27.6 %30.8 %
Climate & Sustainability Technologies15.9 %17.2 %14.6 %
Total segments
21.7 %21.0 %21.0 %
Depreciation and amortization:
Other depreciation and amortization:(8)
Engineered Products$19,259 $22,012$22,571
Clean Energy & Fueling31,976 30,11728,815
Imaging & Identification14,648 15,29314,185
Pumps & Process Solutions50,050 46,34440,839
Climate & Sustainability Technologies29,139 27,55726,204
Total other depreciation and amortization145,072 141,323132,614
Corporate depreciation and amortization7,030 6,0468,144
Depreciation and amortization included in purchase accounting expenses and restructuring and other185,740 157,677154,902
Consolidated depreciation and amortization total$337,842 $305,046$295,660
(8) Other depreciation and amortization relates to property, plant, and equipment and intangibles, and excludes amounts related to purchase accounting expenses and restructuring and other costs.
Schedule of Reconciliation of Assets from Segment to Consolidated
Selected financial information by segment (continued):
Years Ended December 31,
Capital expenditures:202420232022
Engineered Products$21,353 $17,457 $29,885 
Clean Energy & Fueling37,340 25,421 33,489 
Imaging & Identification13,173 11,598 14,695 
Pumps & Process Solutions55,397 60,860 82,817 
Climate & Sustainability Technologies35,445 61,790 41,426 
Corporate4,825 6,280 8,770 
Total capital expenditures
$167,533 $183,406 $211,082 

Total assets at December 31:20242023
Engineered Products (9)
$1,063,292 $1,260,549 
Clean Energy & Fueling (10)
3,601,573 3,020,621 
Imaging & Identification1,749,028 1,812,704 
Pumps & Process Solutions
2,613,405 2,654,421 
Climate & Sustainability Technologies1,293,132 1,466,141 
Corporate (11)
2,188,730 597,637 
Total assets from continuing operations12,509,160 10,812,073 
Assets from discontinued operations— 536,440 
Total assets$12,509,160 $11,348,513 
(9) Engineered Products includes De-Sta-Co assets classified as held for sale at December 31, 2023. See Note 4 — Discontinued and Disposed Operations for additional information.
(10) Increase primarily driven by 2024 acquisitions. See Note 3 — Acquisitions for additional information.
(11) Corporate assets are comprised primarily of cash and cash equivalents. The increase in Corporate assets at December 31, 2024 is driven by the cash proceeds from the disposition of ESG.
Schedule of Revenue Disaggregated by Geography based on the Location
 Revenue
Long-Lived Assets (12)
 Years Ended December 31,At December 31,
 20242023202220242023
United States$4,201,427 $3,970,828 $4,197,423 $599,090 $570,349 
Europe1,676,209 1,756,999 1,791,806 302,129 321,628 
Asia832,764 923,890 938,699 57,113 59,496 
Other Americas729,709 671,162 653,777 26,431 22,936 
Other305,800 361,597 262,469 3,161 4,063 
Consolidated total$7,745,909 $7,684,476 $7,844,174 $987,924 $978,472 
(12) Long-lived assets are comprised of net property, plant and equipment.