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Segment Information (Tables)
9 Months Ended
Sep. 30, 2025
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 were as follows:
 Three Months Ended September 30,Nine Months Ended September 30,
 2025202420252024
Revenue:  
Engineered Products$279,705 $296,117 $810,295 $914,234 
Clean Energy & Fueling541,368 500,685 1,578,613 1,408,752 
Imaging & Identification299,100 283,966 871,199 848,365 
Pumps & Process Solutions550,920 472,463 1,565,047 1,415,431 
Climate & Sustainability Technologies408,529 431,127 1,172,568 1,232,125 
Total segment revenues
2,079,622 1,984,358 5,997,722 5,818,907 
Intersegment eliminations(1,781)(816)(4,230)(2,864)
Total consolidated revenue$2,077,841 $1,983,542 $5,993,492 $5,816,043 
Adjusted cost of goods and services:(1)
Engineered Products$181,221 $200,045 $536,877 $613,363 
Clean Energy & Fueling344,993 316,179 1,004,080 898,469 
Imaging & Identification140,037 127,814 399,466 390,367 
Pumps & Process Solutions276,311 248,663 791,665 764,612 
Climate & Sustainability Technologies281,050 307,499 811,287 878,326 
Total adjusted segment cost of goods and services
$1,223,612 $1,200,200 $3,543,375 $3,545,137 
Adjusted selling, general and administrative expenses:(2)
Engineered Products$41,001 $39,451 $118,310 $129,623 
Clean Energy & Fueling77,710 84,970 262,453 253,536 
Imaging & Identification77,291 78,905 235,449 235,006 
Pumps & Process Solutions106,044 85,523 294,038 256,588 
Climate & Sustainability Technologies51,477 47,613 155,898 147,898 
Total adjusted segment selling, general and administrative expenses
$353,523 $336,462 $1,066,148 $1,022,651 
Earnings from continuing operations: 
Segment earnings:
  
Engineered Products$57,483 $56,621 $155,108 $171,248 
Clean Energy & Fueling
118,665 99,536 312,080 256,747 
Imaging & Identification81,772 77,247 236,284 222,992 
Pumps & Process Solutions168,565 138,277 479,344 394,231 
Climate & Sustainability Technologies76,002 76,015 205,383 205,901 
Total segment earnings502,487 447,696 1,388,199 1,251,119 
Purchase accounting expenses (3)
59,381 48,356 159,608 136,875 
Restructuring and other costs (4)
15,913 16,581 48,520 52,142 
Gain on dispositions (5)
— (68,633)(4,644)(597,913)
Corporate expense / other (6)
31,515 36,110 125,349 117,795 
Interest expense27,239 34,128 81,638 102,867 
Interest income(17,804)(5,176)(55,993)(14,013)
Earnings before provision for income taxes386,243 386,330 1,033,721 1,453,366 
Provision for income taxes82,951 73,434 211,058 291,781 
Earnings from continuing operations$303,292 $312,896 $822,663 $1,161,585 
    
(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, gain on dispositions and include other income, net.
(3) Purchase accounting expenses are primarily comprised of amortization of intangible assets.
(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:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Restructuring$10,603 $13,837 $32,442 $41,629 
Other costs, net5,310 2,744 16,078 10,513 
Restructuring and other costs$15,913 $16,581 $48,520 $52,142 
(5) Gain on dispositions, including post-closing adjustments; see Note 4 — Discontinued and Disposed Operations for further details.
(6) 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.

Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Segment earnings margins:
Engineered Products20.6 %19.1 %19.1 %18.7 %
Clean Energy & Fueling21.9 %19.9 %19.8 %18.2 %
Imaging & Identification27.3 %27.2 %27.1 %26.3 %
Pumps & Process Solutions30.6 %29.3 %30.6 %27.9 %
Climate & Sustainability Technologies18.6 %17.6 %17.5 %16.7 %
Total segments24.2 %22.6 %23.2 %21.5 %
Depreciation and amortization:
Other depreciation and amortization:(7)
Engineered Products$5,736$4,829$15,677$14,392
Clean Energy & Fueling8,5828,31026,12123,858
Imaging & Identification4,0913,90512,41310,909
Pumps & Process Solutions14,25612,65139,98837,427
Climate & Sustainability Technologies7,5587,04822,48821,543
Total other depreciation and amortization40,22336,743116,687108,129
Corporate depreciation and amortization1,7941,6335,4845,123
Depreciation and amortization included in purchase accounting expenses and restructuring and other56,44448,292158,091137,927
Consolidated depreciation and amortization total$98,461$86,668$280,262$251,179
(7) 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.

Three Months Ended September 30,Nine Months Ended September 30,
Capital expenditures:2025202420252024
Engineered Products$7,408 $3,258 $19,405 $11,714 
Clean Energy & Fueling6,658 9,871 29,438 27,005 
Imaging & Identification11,607 2,483 31,049 6,565 
Pumps & Process Solutions15,529 14,081 40,965 37,022 
Climate & Sustainability Technologies12,849 6,817 37,486 27,975 
Corporate99 1,244 4,931 3,345 
Total capital expenditures
$54,150 $37,754 $163,274 $113,626 
Selected financial information by segment (continued):

Total assets:
September 30, 2025December 31, 2024
Engineered Products
$1,097,509 $1,063,292 
Clean Energy & Fueling
3,672,554 3,601,573 
Imaging & Identification1,841,993 1,749,028 
Pumps & Process Solutions
3,495,576 2,613,405 
Climate & Sustainability Technologies1,449,799 1,293,132 
Corporate (8)
1,863,212 2,188,730 
Total assets$13,420,643 $12,509,160 
(8) Corporate assets are comprised primarily of cash and cash equivalents.
Schedule of Revenue Disaggregated by Geography based on the Location
The following table presents revenue disaggregated by geography based on the location of the Company's customers:
Three Months Ended September 30,Nine Months Ended September 30,
Revenue by geography2025202420252024
United States$1,126,019 $1,099,830 $3,295,872 $3,185,188 
Europe464,225 406,556 1,294,985 1,250,813 
Asia222,097 206,548 644,375 609,848 
Other Americas182,028 190,829 510,029 551,839 
Other83,472 79,779 248,231 218,355 
Total$2,077,841 $1,983,542 $5,993,492 $5,816,043 

For the three and nine months ended September 30, 2025 and 2024, the U.S. was the largest geographical market for revenue for the Engineered Products, Clean Energy & Fueling, Pumps & Process Solutions, and Climate & Sustainability Technologies segments, and Europe was the largest market for the Imaging & Identification segment.