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Nature of Operations (Tables)
12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed as of the date of acquisition (in millions):

Assets Acquired:

 

 

 

Current assets, excluding cash of $1.7

 

$

7.5

 

Property, plant and equipment

 

 

1.6

 

Goodwill

 

 

7.4

 

Purchased intangible assets

 

 

7.2

 

Total assets

 

 

23.7

 

 

 

 

 

Liabilities Assumed:

 

 

 

Current liabilities

 

 

2.0

 

Long-term liabilities

 

 

2.0

 

Total liabilities

 

 

4.0

 

 

 

 

 

Net assets acquired

 

$

19.7