XML 70 R45.htm IDEA: XBRL DOCUMENT v3.25.0.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill, by Segment
The changes in the carrying amount of goodwill, by segment, during the years ended December 31, 2024 and 2023 were as follows:
 United
States
EuropeRest of WorldTotal
 (in millions)
Goodwill at December 31, 2022
$710.7 $56.3 $297.8 $1,064.8 
Goodwill acquired during the year— — 78.4 78.4 
Currency translation adjustment— 1.9 — 1.9 
Goodwill at December 31, 2023
710.7 58.2 376.2 1,145.1 
Goodwill acquired during the year (Note 10)429.2 — 205.4 634.6 
Currency translation adjustment— (3.0)— (3.0)
Goodwill at December 31, 2024
$1,139.9 $55.2 $581.6 $1,776.7 
Schedule of Finite-Lived Other Intangible Assets
Other intangible assets consist of the following (in millions):

 December 31,
 Weighted-Average Useful Life (in years)20242023
 CostAccumulated
Amortization
Net
Carrying
Value
CostAccumulated
Amortization
Net
Carrying
Value
Finite-lived intangible assets      
Patents10.0$138.8 $(90.5)$48.3 $119.0 $(87.3)$31.7 
Developed technology12.2665.2 (47.4)617.8 155.8 (45.7)110.1 
Other0.03.4 (3.4)— 3.5 (3.5)— 
12.1807.4 (141.3)666.1 278.3 (136.5)141.8 
Indefinite-lived intangible assets      
In-process research and development510.5 — 510.5 257.6 — 257.6 
$1,317.9 $(141.3)$1,176.6 $535.9 $(136.5)$399.4 
Schedule of Indefinite-Lived Other Intangible Assets
Other intangible assets consist of the following (in millions):

 December 31,
 Weighted-Average Useful Life (in years)20242023
 CostAccumulated
Amortization
Net
Carrying
Value
CostAccumulated
Amortization
Net
Carrying
Value
Finite-lived intangible assets      
Patents10.0$138.8 $(90.5)$48.3 $119.0 $(87.3)$31.7 
Developed technology12.2665.2 (47.4)617.8 155.8 (45.7)110.1 
Other0.03.4 (3.4)— 3.5 (3.5)— 
12.1807.4 (141.3)666.1 278.3 (136.5)141.8 
Indefinite-lived intangible assets      
In-process research and development510.5 — 510.5 257.6 — 257.6 
$1,317.9 $(141.3)$1,176.6 $535.9 $(136.5)$399.4 
Schedule of Estimated Amortization Expense Estimated amortization expense for each of the years ending December 31 is as follows (in millions):
2025$9.8 
202619.1 
202733.0 
202856.8 
202981.3