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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]      
Net sales $ 3,181.9 $ 2,764.8 $ 2,351.6
Cost of sales 1,755.0 1,540.3 1,324.2
Gross profit 1,426.9 1,224.5 1,027.4
Selling, general and administrative expenses 652.7 578.2 494.9
Restructuring expenses and asset impairments 22.8 9.3 11.8
Operating income 751.4 637.0 520.7
Gain on sale of business (34.8) 0.0 0.0
Other (income) expense - net (3.9) 16.2 5.6
Interest expense 40.7 41.0 44.8
Income before income taxes 749.4 579.8 470.3
Provision for income taxes 162.7 130.5 92.5
Net income 586.7 449.3 377.8
Net loss attributable to noncontrolling interest 0.2 0.1 0.0
Net income $ 586.9 $ 449.4 $ 377.8
Earnings per common share:      
Basic earnings per common share attributable to IDEX (in dollar per share) $ 7.74 $ 5.91 $ 4.98
Diluted earnings per common share attributable to IDEX (in dollar per share) $ 7.71 $ 5.88 $ 4.94
Share data:      
Basic weighted average common shares outstanding (in shares) 75.7 76.0 75.7
Diluted weighted average common shares outstanding (in shares) 76.0 76.4 76.4