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Significant Accounting Policies and Accounting Developments (Details) - USD ($)
$ in Thousands
3 Months Ended 4 Months Ended 12 Months Ended
May 04, 2024
Dec. 31, 2022
Mar. 31, 2022
May 04, 2024
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Mar. 31, 2024
Dec. 31, 2021
Aug. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Decrease to existing reserves               $ 2,000    
Sales         $ 4,557,806 $ 4,320,577 $ 3,615,120      
Cash and cash equivalents   $ 434,971     675,441 545,678 434,971   $ 658,452  
Accounts receivable, net of allowance for expected credit losses of $79,059 and $80,013, respectively         976,739 881,869        
Retirement obligations and other liabilities         371,055 389,120        
Retained earnings         4,025,750 3,854,717        
Accumulated Other Comprehensive Income (Loss), Net of Tax         $ (741,424) (639,601)        
Interest ownership for cost method accounting (percentage)         20.00%          
Loss accrual         $ 110,300          
Insurance receivables         $ 35,800          
Warranty obligations sales trend period (in months)         24 months          
Research and Development [Abstract]                    
Research and development costs         $ 69,900 48,700 39,900      
Goodwill   1,168,124     1,286,295 1,182,225 1,168,124      
Supplier finance obligation         $ 8,571 $ 13,527        
Supplier Finance Program, Obligation, Statement of Financial Position [Extensible Enumeration]         Accounts payable Accounts payable        
Payments For Disposition Of Business         $ 2,555 $ 0 0      
Loss on sale of business         $ 12,981 0 0      
Remaining lease term         28 years          
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Flow Control Division                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Sales       $ 3,000            
Research and Development [Abstract]                    
Payments For Disposition Of Business $ 2,600                  
Loss on sale of business $ 13,000                  
Subsidiaries | Russian Subsidiary                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax   13,600 $ 20,200              
Revenue from contract with customer reserve for estimated exit costs after tax   9,800 $ 21,000              
Velan Inc.                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Related expenses         $ 7,300          
Sales                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         (9,330)          
Cost of sales ("COS")                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         8,860          
Gross loss                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         (18,190)          
Selling, general and administrative expense ("SG&A")                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         15,697          
Operating loss                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         (33,887)          
FPD                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Sales         3,154,151 3,060,993 2,518,000      
Research and Development [Abstract]                    
Goodwill   772,273     765,740 779,996 772,273      
FCD                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Sales         1,403,655 1,259,584 1,097,120      
Research and Development [Abstract]                    
Goodwill   $ 395,851     520,555 402,229 395,851      
Operating Segments                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Sales         4,557,806 4,320,577 3,615,120      
Operating Segments | FPD                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Sales         3,154,151 3,060,993 2,518,000      
Operating Segments | FPD | Sales                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         (9,330)          
Operating Segments | FPD | Cost of sales ("COS")                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         7,442          
Operating Segments | FPD | Gross loss                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         (16,772)          
Operating Segments | FPD | Selling, general and administrative expense ("SG&A")                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         13,977          
Operating Segments | FPD | Operating loss                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         (30,749)          
Operating Segments | FCD                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Sales         1,403,655 $ 1,259,584 $ 1,097,120      
Operating Segments | FCD | Sales                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         0          
Operating Segments | FCD | Cost of sales ("COS")                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         1,418          
Operating Segments | FCD | Gross loss                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         (1,418)          
Operating Segments | FCD | Selling, general and administrative expense ("SG&A")                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         1,720          
Operating Segments | FCD | Operating loss                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Revenue from contract with customer reserve for estimated exit costs before tax         $ (3,138)          
Minimum                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Estimate of possible loss                   $ 93,200
Finite-Lived Intangible Assets, Net [Abstract]                    
Intangible asset, useful life (in years)         1 year          
Minimum | Internally developed software                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Property, plant and equipment, useful life (in years)         3 years          
Minimum | Cloud Computing Arrangements                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Property, plant and equipment, useful life (in years)         3 years          
Maximum                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Estimate of possible loss                   $ 143,700
Finite-Lived Intangible Assets, Net [Abstract]                    
Intangible asset, useful life (in years)         40 years          
Maximum | Internally developed software                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Property, plant and equipment, useful life (in years)         7 years          
Maximum | Cloud Computing Arrangements                    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]                    
Property, plant and equipment, useful life (in years)         7 years