Revenue (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

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

The following table presents the Company’s revenues by Segment for the years ended December 31 (in millions):

	2023			2022			2021
Revenue by Segment:
BSI BioSpin	$	798.5		$	696.7		$	691.0
BSI CALID		960.4			822.2			819.6
BSI Nano		941.9			787.0			697.5
BEST		280.7			237.1			223.8
Eliminations (a)		(17.0	)		(12.3	)		(14.0	)
Total revenue	$	2,964.5		$	2,530.7		$	2,417.9

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

Revenue for the Company recognized at a point in time versus over time is as follows for the years ended December 31 (in millions):

	2023		2022		2021
Revenue recognized at a point in time	$	2,575.3	$	2,204.7	$	2,104.7
Revenue recognized over time		389.2		326.0		313.2
Total revenue	$	2,964.5	$	2,530.7	$	2,417.9