Acquisitions (Tables)

12 Months Ended

Dec. 31, 2023

Acquisitions

Summary of the value of assets and liabilities acquired

The following table summarizes the preliminary value of the assets and liabilities acquired (in millions):

Cash	$	9.2
Trade accounts receivable		23.5
Inventories, net		38.4
Prepaid expenses and other current assets		3.4
Property, Plant and Equipment		47.6
Intangible assets		114.6
Goodwill		96.6
Accounts payable		(8.2)
Employee benefits, other		(6.2)
Other current liabilities		(8.0)
Other noncurrent liabilities		(0.5)
Purchase price	$	310.4

Supplemental pro-forma information

	Year Ended December 31,
	2023		2022
	(Amounts in millions, except per share information)
Net Sales	$	2,221.7	$	2,168.3
Net Income	$	266.3	$	252.6
Net income per share:
Basic EPS	$	7.97	$	7.54
Diluted EPS	$	7.95	$	7.52