Revenue (Tables)

9 Months Ended

Sep. 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 September 30,						Nine Months Ended September 30,
	2023			2022			2023			2022
Revenue by Segment:
BSI BioSpin	$	198.3		$	175.7		$	540.6		$	493.3
BSI CALID		239.3			207.5			703.2			601.0
BSI NANO		238.7			199.1			673.4			559.8
BEST		70.6			59.3			205.5			178.2
Eliminations (a)		(4.1	)		(2.7	)		(12.7	)		(10.0	)
Total revenue	$	742.8		$	638.9		$	2,110.0		$	1,822.3

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Revenue by End Customer Geography:
United States	$	211.1	$	191.8	$	565.5	$	518.3
Germany		78.0		51.9		202.1		177.7
Rest of Europe		174.0		151.7		495.0		425.4
China		136.7		111.6		360.8		291.0
Rest of Asia Pacific		92.6		85.1		332.0		271.1
Other		50.4		46.8		154.6		138.8
Total revenue	$	742.8	$	638.9	$	2,110.0	$	1,822.3

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Revenue recognized at a point in time	$	643.1	$	557.0	$	1,828.5	$	1,580.2
Revenue recognized over time		99.7		81.9		281.5		242.1
Total revenue	$	742.8	$	638.9	$	2,110.0	$	1,822.3