Fair Value (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Debt

Roper’s debt at December 31, 2023 included $6,000.0 of fixed-rate senior notes with the following fair values:

Fixed-rate senior notes				Fair value
Principal amount		Interest rate	Year of maturity	As of December 31, 2023
$	500	2.350%	2024	$	489
$	300	3.850%	2025	$	295
$	700	1.000%	2025	$	655
$	700	3.800%	2026	$	685
$	700	1.400%	2027	$	627
$	800	4.200%	2028	$	787
$	700	2.950%	2029	$	642
$	600	2.000%	2030	$	511
$	1,000	1.750%	2031	$	825

Equity Method Investments

The following table provides a reconciliation of the fair value for our equity investment in Indicor measured using Level 3 inputs:

	Year ended December 31, 2023
Beginning balance	$	535.0
Change in fair value	140.9
Ending balance	$	675.9