Acquisitions (Tables)

6 Months Ended

Jun. 30, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes our preliminary estimates of the fair values of the assets acquired and liabilities assumed in the Manitowoc Ice acquisition as previously reported as of December 31, 2022 and revised as of June 30, 2023:

In millions	As Previously Reported		As Revised
Cash	$	33.8	$	33.8
Accounts receivable	36.7		36.7
Inventories	66.5		66.8
Other current assets	3.9		3.9
Property, plant and equipment	21.6		21.6
Identifiable intangible assets	728.3		728.3
Goodwill	790.5		791.0
Other assets	1.8		1.8
Current liabilities	(66.5)		(67.5)
Other liabilities	(3.3)		(3.3)
Purchase price	$	1,613.3	$	1,613.1

Business Acquisition, Pro Forma Information

The following table presents unaudited pro forma financial information as if the Manitowoc Ice acquisition had occurred on January 1, 2021:

	Three months ended		Six months ended
In millions, except per share data	June 30, 2022		June 30, 2022
Pro forma net sales	$	1,166.7	$	2,241.1
Pro forma net income from continuing operations	162.9		286.0
Pro forma earnings per ordinary share - continuing operations
Basic	$	0.99	$	1.73
Diluted	0.98		1.72