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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net sales $ 3,273.9 $ 3,181.9 $ 2,764.8
Cost of sales 1,827.0 1,755.0 1,540.3
Gross profit 1,446.9 1,426.9 1,224.5
Selling, general and administrative expenses 703.5 652.7 578.2
Restructuring expenses and asset impairments 10.9 22.8 9.3
Operating income 732.5 751.4 637.0
Gain on sale of businesses - net (84.7) (34.8) 0.0
Other expense (income) - net 5.2 (3.9) 16.2
Interest expense 51.7 40.7 41.0
Income before income taxes 760.3 749.4 579.8
Provision for income taxes 164.7 162.7 130.5
Net income 595.6 586.7 449.3
Net loss attributable to noncontrolling interest 0.5 0.2 0.1
Net income $ 596.1 $ 586.9 $ 449.4
Earnings per common share:      
Basic earnings per common share attributable to IDEX (in dollar per share) $ 7.87 $ 7.74 $ 5.91
Diluted earnings per common share attributable to IDEX (in dollar per share) $ 7.85 $ 7.71 $ 5.88
Share data:      
Basic weighted average common shares outstanding (in shares) 75.6 75.7 76.0
Diluted weighted average common shares outstanding (in shares) 75.9 76.0 76.4