Revenue (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

Revenue by reporting unit for the three and six months ended June 30, 2023 and 2022 was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Pumps	$	109.2	$	104.5	$	214.3	$	201.9
Water	87.3		81.6		181.4		146.0
Energy	55.7		44.7		106.4		93.0
Agriculture	40.1		38.1		78.7		70.4
Valves	32.8		31.0		66.1		60.6
Intersegment elimination	(1.0)		(0.4)		(1.7)		(0.5)
Fluid & Metering Technologies	324.1		299.5		645.2		571.4
Scientific Fluidics & Optics	169.0		149.2		347.6		290.4
Performance Pneumatic Technologies	66.0		65.1		135.4		127.1
Sealing Solutions	62.4		68.0		127.1		138.2
Material Processing Technologies	33.0		34.8		60.7		68.5
Micropump	9.1		8.9		19.7		17.0
Intersegment elimination	(1.1)		(0.6)		(1.8)		(1.2)
Health & Science Technologies	338.4		325.4		688.7		640.0
Fire & Safety	109.8		99.8		216.0		195.5
Dispensing	44.7		43.8		80.9		85.4
BAND-IT	30.3		27.6		62.3		55.0
Intersegment elimination	(1.1)		—		(1.5)		(0.1)
Fire & Safety/Diversified Products	183.7		171.2		357.7		335.8
Net sales	$	846.2	$	796.1	$	1,691.6	$	1,547.2

Schedule of External Net Sales Disaggregated by Geography

Revenue by geographical region for the three and six months ended June 30, 2023 and 2022 was as follows:

	Three Months Ended June 30, 2023
	FMT		HST		FSDP		IDEX
U.S.	$	180.7	$	148.5	$	96.7	$	425.9
North America, excluding U.S.	17.9		8.2		8.1		34.2
Europe	51.5		111.2		42.4		205.1
Asia	48.8		65.2		28.0		142.0
Other (1)	26.2		6.4		9.6		42.2
Intersegment elimination	(1.0)		(1.1)		(1.1)		(3.2)
Net sales	$	324.1	$	338.4	$	183.7	$	846.2

	Three Months Ended June 30, 2022
	FMT		HST		FSDP		IDEX
U.S.	$	170.5	$	157.7	$	85.0	$	413.2
North America, excluding U.S.	16.6		9.5		8.5		34.6
Europe	51.8		92.5		42.0		186.3
Asia	41.2		60.8		26.6		128.6
Other (1)	19.8		5.5		9.1		34.4
Intersegment elimination	(0.4)		(0.6)		—		(1.0)
Net sales	$	299.5	$	325.4	$	171.2	$	796.1

	Six Months Ended June 30, 2023
	FMT		HST		FSDP		IDEX
U.S.	$	357.5	$	298.1	$	186.1	$	841.7
North America, excluding U.S.	37.3		13.4		16.6		67.3
Europe	110.7		232.1		87.1		429.9
Asia	93.9		131.8		51.4		277.1
Other (1)	47.5		15.1		18.0		80.6
Intersegment elimination	(1.7)		(1.8)		(1.5)		(5.0)
Net sales	$	645.2	$	688.7	$	357.7	$	1,691.6

	Six Months Ended June 30, 2022
	FMT		HST		FSDP		IDEX
U.S.	$	320.5	$	309.7	$	161.5	$	791.7
North America, excluding U.S.	33.9		17.0		19.4		70.3
Europe	100.5		183.8		87.0		371.3
Asia	77.7		119.6		50.0		247.3
Other (1)	39.3		11.1		18.0		68.4
Intersegment elimination	(0.5)		(1.2)		(0.1)		(1.8)
Net sales	$	571.4	$	640.0	$	335.8	$	1,547.2

(1) Other includes: South America, Middle East, Australia and Africa.

Schedule of Contract with Customer, Asset and Liability

The composition of customer receivables was as follows:

	June 30, 2023		December 31, 2022
Billed receivables	$	437.6	$	421.3
Unbilled receivables	9.5		10.0
Total customer receivables	$	447.1	$	431.3

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The composition of deferred revenue was as follows:

	June 30, 2023		December 31, 2022
Deferred revenue - current	$	51.3	$	44.7
Deferred revenue - noncurrent	12.6		15.0
Total deferred revenue	$	63.9	$	59.7