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Business Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of revenue, operating income and total assets by reportable segment

Selected reportable segment information is presented below (in millions):

 

 

2022

 

 

2021

 

 

2020

 

Revenue:

 

 

 

 

 

 

 

 

 

BSI BioSpin

 

$

696.7

 

 

$

691.0

 

 

$

600.0

 

BSI CALID

 

 

822.2

 

 

 

819.6

 

 

 

653.9

 

BSI Nano

 

 

787.0

 

 

 

697.5

 

 

 

556.1

 

BEST

 

 

237.1

 

 

 

223.8

 

 

 

189.5

 

Eliminations (a)

 

 

(12.3

)

 

 

(14.0

)

 

 

(12.0

)

Total revenue

 

$

2,530.7

 

 

$

2,417.9

 

 

$

1,987.5

 

Operating Income:

 

 

 

 

 

 

 

 

 

BSI BioSpin

 

$

167.1

 

 

$

158.2

 

 

$

121.6

 

BSI CALID

 

 

196.0

 

 

 

227.2

 

 

 

152.2

 

BSI Nano

 

 

113.0

 

 

 

73.4

 

 

 

23.6

 

BEST

 

 

31.3

 

 

 

22.2

 

 

 

6.2

 

Corporate, eliminations and other (b)

 

 

(74.7

)

 

 

(67.7

)

 

 

(55.3

)

Total operating income

 

$

432.7

 

 

$

413.3

 

 

$

248.3

 

 

(a)
Represents product and service revenue between reportable segments.
Represents corporate costs and eliminations not allocated to the reportable segments.

Total assets by segment are as follows (in millions):

 

 

2022

 

 

2021

 

Assets:

 

 

 

 

 

 

BSI BioSpin, BSI CALID, BSI Nano & Corporate

 

$

3,508.4

 

 

$

3,560.5

 

BEST

 

 

111.1

 

 

 

97.9

 

Eliminations and other (a)

 

 

(7.7

)

 

 

(8.4

)

Total assets

 

$

3,611.8

 

 

$

3,650.0

 

(a)
Assets not allocated to the reportable segments and eliminations of intercompany transactions.
Summary of capital expenditures and depreciation and amortization by segment

Total capital expenditures and depreciation and amortization by segment are presented below (in millions):

 

 

2022

 

 

2021

 

 

2020

 

Capital Expenditures:

 

 

 

 

 

 

 

 

 

BSI BioSpin

 

$

14.5

 

 

$

36.6

 

 

$

43.0

 

BSI CALID

 

 

33.9

 

 

 

24.7

 

 

 

16.1

 

BSI Nano

 

 

20.2

 

 

 

16.8

 

 

 

10.6

 

Corporate

 

 

9.1

 

 

 

4.7

 

 

 

17.4

 

BEST

 

 

51.5

 

 

 

9.2

 

 

 

10.1

 

Total capital expenditures

 

$

129.2

 

 

$

92.0

 

 

$

97.2

 

Depreciation and Amortization:

 

 

 

 

 

 

 

 

 

BSI BioSpin

 

$

22.6

 

 

$

21.3

 

 

$

18.0

 

BSI CALID

 

 

20.7

 

 

 

19.8

 

 

 

17.0

 

BSI Nano

 

 

35.6

 

 

 

37.4

 

 

 

35.7

 

Corporate

 

 

3.9

 

 

 

4.3

 

 

 

4.0

 

BEST

 

 

6.0

 

 

 

6.3

 

 

 

5.7

 

Total depreciation and amortization

 

$

88.8

 

 

$

89.1

 

 

$

80.4

 

Schedule of revenue and property, plant and equipment, net by geographical area

Revenue and long-lived assets (including property, plant and equipment, net and operating lease right of use assets) by geographical area are as follows (in millions):

 

 

 

2022

 

 

2021

 

 

2020

 

Revenue:

 

 

 

 

 

 

 

 

 

United States

 

$

696.1

 

 

$

601.0

 

 

$

455.9

 

Germany

 

 

247.4

 

 

 

262.6

 

 

 

244.9

 

Rest of Europe

 

 

591.9

 

 

 

658.1

 

 

 

519.8

 

China

 

 

396.5

 

 

 

357.6

 

 

 

313.5

 

Rest of Asia Pacific

 

 

408.4

 

 

 

371.5

 

 

 

315.6

 

Other

 

 

190.4

 

 

 

167.1

 

 

 

137.8

 

Total revenue

 

$

2,530.7

 

 

$

2,417.9

 

 

$

1,987.5

 

 

 

 

2022

 

 

2021

 

 

2020

 

Long-lived assets:

 

 

 

 

 

 

 

 

 

United States

 

$

58.8

 

 

$

51.3

 

 

$

61.3

 

Germany

 

 

309.6

 

 

 

244.0

 

 

 

227.8

 

Rest of Europe

 

 

141.0

 

 

 

141.5

 

 

 

144.7

 

Asia Pacific

 

 

22.1

 

 

 

22.6

 

 

 

22.1

 

Other

 

 

6.7

 

 

 

6.6

 

 

 

7.1

 

Total long-lived assets

 

$

538.2

 

 

$

466.0

 

 

$

463.0