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Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill activity for each of the Company’s reportable segments that carry goodwill, Material Solutions (“MS”), Microcontamination Control (“MC”), and Advanced Materials Handling (“AMH”), was as follows at June 29, 2024 and December 31, 2023:
(In thousands)MSMCAMHTotal
December 31, 2023$3,631,350 $240,408 $74,102 $3,945,860 
Foreign currency translation(43)(1,924)— (1,967)
June 29, 2024$3,631,307 $238,484 $74,102 $3,943,893 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Identifiable intangible assets at June 29, 2024 and December 31, 2023 consisted of the following:
June 29, 2024
(In thousands)Gross carrying
amount		Accumulated
amortization		Net carrying
value
Developed technology$1,256,795 $528,808 $727,987 
Trademarks and trade names171,979 43,320 128,659 
Customer relationships630,532 312,591 317,941 
In-process research and development (1)
6,600 — 6,600 
Other25,545 21,777 3,768 
$2,091,451 $906,496 $1,184,955 
December 31, 2023
(In thousands)Gross carrying
amount		Accumulated
amortization		Net carrying
value
Developed technology$1,256,469 $455,720 $800,749 
Trademarks and trade names172,031 37,877 134,154 
Customer relationships630,743 293,782 336,961 
In-process research and development (1)
7,100 — 7,100 
Other23,924 20,919 3,005 
$2,090,267 $808,298 $1,281,969 
(1) Intangible assets acquired in a business combination that are in-process and used in research and development activities are considered indefinite-lived until the completion or abandonment of the research and development efforts. Once the research and development efforts are completed, we determine the useful life and begin amortizing the assets.
Estimated Future Amortization Expense
Future amortization expense relating to intangible assets currently recorded in the Company’s condensed consolidated balance sheets is estimated to be the following at June 29, 2024:
(In thousands)Remaining 20242025202620272028ThereafterTotal
Future amortization expense$93,178 185,572 182,505 178,789 176,379 368,532 $1,184,955