Segments and Geographic Information (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Summary of Financial Information by Reportable Segment

The following table provides summary financial information by reportable segment:

	March 31, 2024		December 31, 2023
Identifiable segment-related assets:
CCS	$	3,639.0	$	3,597.8
OWN		996.8		993.8
NICS		1,265.4		1,271.5
ANS		1,834.0		1,957.0
Total identifiable segment-related assets		7,735.2		7,820.1
Reconciliation to total assets:
Cash and cash equivalents		357.2		543.8
Deferred income tax assets		480.2		615.6
Home business assets		81.0		113.8
Assets held for sale		—		278.6
Total assets	$	8,653.6	$	9,371.9

Summary of Net Sales, Adjusted EBITDA, Depreciation Expense and Additions to PP&E by Reportable Segment

The following table provides net sales, adjusted EBITDA, depreciation expense and additions to property, plant and equipment by reportable segment:

	Three Months Ended
	March 31,
	2024			2023
Net sales:
CCS	$	604.7		$	821.1
OWN		196.0			258.4
NICS		180.3			284.5
ANS		187.4			300.4
Consolidated net sales	$	1,168.4		$	1,664.4
Segment adjusted EBITDA:
CCS	$	95.1		$	151.0
OWN		44.3			59.5
NICS		(1.1	)		58.0
ANS		14.7			46.7
Corporate and other		—			(1.5	)
Total segment adjusted EBITDA		153.0			313.7
Amortization of intangible assets		(74.2	)		(100.6	)
Restructuring (costs) credits, net		(30.6	)		11.1
Equity-based compensation		(11.2	)		(12.4	)
Transaction, transformation and integration costs		(8.5	)		(0.3	)
Acquisition accounting adjustments		(0.1	)		(0.5	)
Depreciation		(25.5	)		(27.9	)
Consolidated operating income	$	2.9		$	183.1
Depreciation expense:
CCS	$	13.8		$	15.2
OWN		2.7			3.2
NICS		3.1			3.4
ANS		5.9			5.9
Corporate and other		—			0.2
Consolidated depreciation expense	$	25.5		$	27.9
Additions to property, plant and equipment:
CCS	$	3.6		$	8.6
OWN		0.6			1.3
NICS		0.6			1.0
ANS		1.1			2.1
Corporate and other		—			0.7
Consolidated additions to property, plant and equipment	$	5.9		$	13.7

Summary of Sales by Geographic Region, Based on Destination of Product Shipments or Service Provided

Sales by geographic region, based on the destination of product shipments or service provided, were as follows:

	Three Months Ended March 31, 2024
	CCS		OWN		NICS		ANS		Total
Geographic Region:
United States	$	388.2	$	121.5	$	107.2	$	140.2	$	757.1
Europe, Middle East and Africa		99.2		47.1		45.0		12.2		203.5
Asia Pacific		84.1		22.4		20.5		8.5		135.5
Caribbean and Latin America		23.5		3.4		4.8		16.0		47.7
Canada		9.7		1.6		2.8		10.5		24.6
Consolidated net sales	$	604.7	$	196.0	$	180.3	$	187.4	$	1,168.4
	Three Months Ended March 31, 2023
	CCS		OWN		NICS		ANS		Total
Geographic Region:
United States	$	562.9	$	184.7	$	174.7	$	225.3	$	1,147.6
Europe, Middle East and Africa		113.4		47.8		70.0		33.4		264.6
Asia Pacific		90.0		20.3		29.2		5.0		144.5
Caribbean and Latin America		37.4		3.2		7.1		21.7		69.4
Canada		17.4		2.4		3.5		15.0		38.3
Consolidated net sales	$	821.1	$	258.4	$	284.5	$	300.4	$	1,664.4