XML 26 R15.htm IDEA: XBRL DOCUMENT v3.22.4
Goodwill and Other Intangible Assets
 3 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Changes in the carrying amount of Goodwill for the three months ended December 31, 2022, were (in millions):
Intelligent DevicesSoftware & ControlLifecycle ServicesTotal
Balance as of September 30, 2022$503.0 $2,398.7 $622.3 $3,524.0 
Acquisition of business64.5 — — 64.5 
Translation19.1 22.4 10.6 52.1 
Balance as of December 31, 2022$586.6 $2,421.1 $632.9 $3,640.6 
We perform our annual evaluation of goodwill and indefinite life intangible assets for impairment during the second quarter of each year, or more frequently, if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. We assessed the changes in events and circumstances during the first quarter of 2023 and concluded that no triggering events, which would require interim quantitative testing, occurred.
Other intangible assets consist of (in millions):
 December 31, 2022
Carrying
Amount		Accumulated
Amortization		Net
Amortized intangible assets
Software products$98.6 $60.2 $38.4 
Customer relationships598.8 115.9 482.9 
Technology422.8 133.2 289.6 
Trademarks84.7 22.0 62.7 
Other7.6 6.8 0.8 
Total amortized intangible assets1,212.5 338.1 874.4 
Allen-Bradley® trademark not subject to amortization
43.7 — 43.7 
Other intangible assets$1,256.2 $338.1 $918.1 
 September 30, 2022
Carrying
Amount		Accumulated
Amortization		Net
Amortized intangible assets
Software products$97.6 $57.9 $39.7 
Customer relationships582.7 107.2 475.5 
Technology410.8 119.3 291.5 
Trademarks70.4 19.4 51.0 
Other6.4 5.8 0.6 
Total amortized intangible assets1,167.9 309.6 858.3 
Allen-Bradley® trademark not subject to amortization
43.7 — 43.7 
Other intangible assets$1,211.6 $309.6 $902.0 
Estimated total amortization expense for all amortized intangible assets is $112.9 million in 2023, $110.1 million in 2024, $106.8 million in 2025, $105.7 million in 2026, and $98.8 million in 2027.