Revenue (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of revenues disaggregated by Group, end customer geographical location and timing of recognition

The following tables present the Company’s revenues by Segment and End Customer Geography (in millions):

	Three Months Ended June 30,						Six Months Ended June 30,
	2023			2022			2023			2022
Revenue by Segment:
BSI BioSpin	$	162.0		$	159.8		$	342.3		$	317.6
BSI CALID		227.2			190.3			463.9			393.5
BSI NANO		225.1			182.2			434.7			360.7
BEST		72.7			59.2			134.9			118.9
Eliminations (a)		(5.1	)		(3.1	)		(8.6	)		(7.3	)
Total revenue	$	681.9		$	588.4		$	1,367.2		$	1,183.4

(a)Represents corporate costs and eliminations not allocated to the reportable segments.

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Revenue by End Customer Geography:
United States	$	179.3	$	171.5	$	354.4	$	326.5
Germany		61.5		67.3		124.1		125.8
Rest of Europe		161.2		130.3		321.0		273.7
China		116.5		93.1		224.1		179.4
Rest of Asia Pacific		106.8		83.4		239.4		186.0
Other		56.6		42.8		104.2		92.0
Total revenue	$	681.9	$	588.4	$	1,367.2	$	1,183.4

Revenue for the Company recognized at a point in time versus over time is as follows (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Revenue recognized at a point in time	$	586.7	$	509.2	$	1,185.4	$	1,023.2
Revenue recognized over time		95.2		79.2		181.8		160.2
Total revenue	$	681.9	$	588.4	$	1,367.2	$	1,183.4