CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating activities:
Net income attributable to common shareholders	$ 188.3	$ 204.9	$ 178.0
Adjustments to reconcile net income to net cash flows provided by operating activities:
Non-cash restructuring gains	0.0	0.0	(3.7)
Depreciation and amortization	77.6	78.7	81.8
Stock-based compensation expense	10.3	9.3	8.6
Defined benefit plans and postretirement credit	(1.1)	(0.3)	(1.2)
Deferred income taxes	7.6	(28.4)	8.2
Cash provided by operating working capital	0.0	39.3	6.1
Other	(6.4)	2.5	(0.8)
Total provided by operating activities	276.3	306.0	277.0
Investing activities:
Proceeds from disposition of property	0.0	0.0	2.8
Capital expenditures	(31.1)	(21.3)	(18.6)
Total used for investing activities	(31.1)	(21.3)	(15.8)
Financing activities:
Dividends paid	(23.7)	0.0	0.0
Stock options exercised, net of shares reacquired	4.4	0.0	0.0
Debt issuance costs	(5.7)	0.0	0.0
Repayment of long-term debt	(300.0)	0.0	0.0
Proceeds from revolving credit facility	20.0	0.0	0.0
Repayment of revolving credit facility	(20.0)	0.0	0.0
Proceeds from term loan	350.0	0.0	0.0
Repayment of term loan	(245.0)	0.0	0.0
Net transfers to Crane	(32.5)	(135.0)	(298.1)
Total used for financing activities	(252.5)	(135.0)	(298.1)
Effect of exchange rates on cash and cash equivalents	3.8	(20.2)	(7.0)
(Decrease) increase in cash and cash equivalents	(3.5)	129.5	(43.9)
Cash and cash equivalents at beginning of period	230.7	101.2	145.1
Cash and cash equivalents at end of period	227.2	230.7	101.2
Detail of cash provided by operating working capital
Accounts receivable	(6.3)	0.3	(22.2)
Inventories	(1.0)	(12.7)	9.3
Other current assets	0.0	(0.6)	(14.7)
Accounts payable	(6.8)	13.9	21.9
Accrued liabilities	(2.5)	34.4	(3.6)
U.S. and foreign taxes on income	16.6	4.0	15.4
Total	0.0	(39.3)	(6.1)
Supplemental disclosure of cash flow information:
Interest paid	45.1	41.2	41.2
Income taxes paid	46.0	63.5	25.3
Unpaid capital expenditures	$ 7.1	$ 3.1	$ 3.8