XML 74 R62.htm IDEA: XBRL DOCUMENT v3.24.2
Acquisitions (Details)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
USD ($)
agreement
May 21, 2024
USD ($)
Jun. 30, 2024
USD ($)
agreement
Jun. 30, 2023
USD ($)
agreement
Jun. 30, 2024
USD ($)
agreement
segment
Jun. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
agreement
Acquisitions              
Number of reportable business segments | segment         3    
Number of acquisitions | agreement     2   2    
Acquisition-related expenses     $ 70.0 $ 4.0 $ 70.0 $ 9.4  
Purchase price, net of cash acquired     2,099.8   2,099.8 113.2  
Bargain purchase gain on acquisition     0.0 5.4 0.0 5.4  
Goodwill $ 8,261.8   8,261.8   8,261.8   $ 7,092.4
Amortization expense     40.4 18.1 60.8 41.2  
Carlisle Interconnect Technologies Acquisition [Member]              
Acquisitions              
Purchase price, net of cash acquired   $ 1,995.3          
Goodwill 1,111.6 1,111.6 1,111.6   1,111.6    
Goodwill deductible for tax purposes 0.0 0.0 0.0   0.0    
Definite-lived intangible assets   540.1     540.1    
2023 Acquisitions [Member]              
Acquisitions              
Number of acquisitions | agreement             10
Acquisition-related expenses       4.0   9.4  
Acquisition-related expenses, net of tax       $ 3.8   7.8  
Purchase price, net of cash acquired             $ 970.4
Goodwill 664.9   664.9   664.9    
Goodwill deductible for tax purposes $ 165.0   $ 165.0   165.0    
Definite-lived intangible assets         $ 153.2    
Number of acquisitions for which acquisition accounting has been completed | agreement 2   2   2    
2024 Acquisitions [Member]              
Acquisitions              
Acquisition-related expenses     $ 70.0   $ 70.0    
Acquisition-related expenses, net of tax     59.9   $ 59.9    
Customer relationships | Carlisle Interconnect Technologies Acquisition [Member]              
Acquisitions              
Definite-lived intangible assets $ 486.2 $ 486.2          
Finite-lived acquired intangible assets weighted-average useful life   15 years          
Customer relationships | 2023 Acquisitions [Member] | Minimum              
Acquisitions              
Finite-lived acquired intangible assets weighted-average useful life         6 years    
Customer relationships | 2023 Acquisitions [Member] | Maximum              
Acquisitions              
Finite-lived acquired intangible assets weighted-average useful life         12 years    
Proprietary technology | 2023 Acquisitions [Member] | Minimum              
Acquisitions              
Finite-lived acquired intangible assets weighted-average useful life         6 years    
Proprietary technology | 2023 Acquisitions [Member] | Maximum              
Acquisitions              
Finite-lived acquired intangible assets weighted-average useful life         12 years    
Backlog | Carlisle Interconnect Technologies Acquisition [Member]              
Acquisitions              
Definite-lived intangible assets 53.9 $ 53.9          
Finite-lived acquired intangible assets weighted-average useful life   4 months 24 days          
Amortization expense     $ 16.6   $ 16.6    
Backlog | 2023 Acquisitions [Member]              
Acquisitions              
Finite-lived acquired intangible assets weighted-average useful life         3 months    
Amortization expense           $ 5.4  
Bargain Purchase [Member] | 2023 Acquisitions [Member]              
Acquisitions              
Number of acquisitions | agreement       1      
Harsh Environment Solutions              
Acquisitions              
Number of acquisitions | agreement     2   2    
Goodwill 3,171.0   $ 3,171.0   $ 3,171.0   $ 2,009.3
Harsh Environment Solutions | 2023 Acquisitions [Member]              
Acquisitions              
Number of acquisitions | agreement             5
Interconnect and Sensor Systems              
Acquisitions              
Goodwill 2,122.9   2,122.9   2,122.9   $ 2,105.6
Interconnect and Sensor Systems | 2023 Acquisitions [Member]              
Acquisitions              
Number of acquisitions | agreement             3
Communications Solutions              
Acquisitions              
Goodwill $ 2,967.9   $ 2,967.9   $ 2,967.9   $ 2,977.5
Communications Solutions | 2023 Acquisitions [Member]              
Acquisitions              
Number of acquisitions | agreement             2