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ACQUISITIONS AND DISPOSITIONS (Tables)
12 Months Ended
Dec. 31, 2024
Business acquisitions  
Summary of discontinued operations

August 1

(millions)

    

2024

Assets held for sale

Cash and cash equivalents

$36.6

Accounts receivable, net

 

55.0

Inventories

 

89.0

Other current assets

7.6

Property, plant and equipment, net

 

65.1

Goodwill

 

305.9

Other intangible assets, net

 

22.4

Operating lease assets

8.2

Other assets

43.0

Total assets held for sale

$632.8

Liabilities held for sale

Accounts payable

 

$38.6

Compensation and benefits

 

5.9

Other current liabilities

40.6

Postretirement health care and pension benefits

 

6.7

Operating lease liabilities

5.6

Other liabilities

30.8

Total liabilities held for sale

 

$128.2

Business Acquisitions and Investment  
Business acquisitions  
Schedule of final consideration transferred to acquire all of the acquired entity's stock

(millions)

2024

    

2023

    

2022

Net tangible assets (liabilities) acquired

$22.7

$20.8

$-

Identifiable intangible assets

Customer relationships

 

 

118.3

60.8

-

Trademarks

 

 

5.7

-

-

Non-compete agreements

 

 

1.6

2.1

-

Other technologies

17.6

25.8

-

Total intangible assets

 

 

143.2

88.7

-

Goodwill

 

 

156.7

 

70.2

-

Total aggregate purchase price

 

 

322.6

 

179.7

 

-

Acquisition-related liabilities and contingent consideration

 

 

(12.9)

 

(3.9)

 

-

Total cash paid for acquisitions, including acquisition-related

liabilities and contingent consideration, net of cash acquired

$309.7

$175.8

$-