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ACQUISITIONS AND DISPOSITIONS (Tables)
12 Months Ended
Dec. 31, 2023
Business Acquisitions and Investment  
Business acquisitions  
Schedule of final consideration transferred to acquire all of the acquired entity's stock

(millions)

2023

    

2022

    

2021

Net tangible assets acquired

$20.8

$-

$3.6

Identifiable intangible assets

Customer relationships

 

 

60.8

-

75.0

Trademarks

 

 

-

-

4.7

Non-compete agreements

 

 

2.1

-

3.0

Other technologies

25.8

-

1.5

Total intangible assets

 

 

88.7

-

84.2

Goodwill

 

 

70.2

 

-

140.6

Total aggregate purchase price

 

 

179.7

 

-

 

228.4

Acquisition-related liabilities and contingent consideration (a)

 

 

(3.9)

 

-

 

(4.4)

Total cash paid for acquisitions, including acquisition-related

liabilities and contingent consideration, net of cash acquired

$175.8

$-

$224.0

(a)Subsequent to the acquisitions, $1.4 in contingent consideration was remitted to the seller during 2021 and is included in investing activities on the Consolidated Statements of Cash Flows.

Purolite  
Business acquisitions  
Schedule of assets acquired and liabilities assumed

(millions)

December 1, 2021

Tangible assets

$361.9

Identifiable intangible assets

Customer relationships

870.0

Other technologies

 

285.0

Trademarks

73.0

Total assets acquired

 

1,589.9

 

Goodwill

2,260.6

Total liabilities

144.8

Total consideration transferred to sellers, net of cash acquired

 

$3,705.7