Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Net Carrying Value of Goodwill by Reportable Segment

The changes in the net carrying value of goodwill by reportable segment for the nine months ended September 30, 2020, are as follows:

	Sealing Products		Engineered Products		Total
	(in millions)
Goodwill as of December 31, 2019	$	468.6	$	16.7	$	485.3
Acquisition of business	7.1		—		7.1
Divestiture of businesses	(7.0)		—		(7.0)
Foreign currency translation	1.6		(0.1)		1.5
Goodwill as of September 30, 2020	$	470.3	$	16.6	$	486.9

Schedule of Identifiable Intangible Assets

Identifiable intangible assets are as follows:

	As of September 30, 2020				As of December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(in millions)
Amortized:
Customer relationships	$	455.8	$	168.2	$	470.1	$	166.2
Existing technology	98.8		38.3		117.5		50.8
Trademarks	37.5		24.7		39.4		24.1
Other	33.4		24.8		33.6		24.0
	625.5		256.0		660.6		265.1
Indefinite-Lived:
Trademarks	53.0		—		71.4		—
Total	$	678.5	$	256.0	$	732.0	$	265.1