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Goodwill and Intangible Assets
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The changes in the net carrying value of goodwill for the years ended December 31, 2025 and 2024 consisted of the following (in millions):
Net carrying amount as of December 31, 2023
$796.0 
Currency translation adjustments(1.8)
Net carrying amount as of December 31, 2024
$794.2 
Currency translation adjustments0.8 
Net carrying amount as of December 31, 2025
$795.0 
The gross carrying amount and accumulated amortization for each major class of identifiable intangible assets as of December 31, 2025 and December 31, 2024 consisted of the following (in millions):
December 31, 2025
Weighted Average Useful LifeGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Intangible assets subject to amortization:
Patents10 years$28.4 $(23.3)$5.1 
Customer relationships (including distribution network)16 years1,068.6 (448.9)619.7 
Tradenames19 years156.7 (32.8)123.9 
Intangible assets not subject to amortization - trademarks and tradenames86.3 — 86.3 
Total intangible assets, net16 years$1,340.0 $(505.0)$835.0 
December 31, 2024
Weighted Average Useful LifeGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Intangible assets subject to amortization:
Patents9 years$27.4 $(22.9)$4.5 
Customer relationships (including distribution network)16 years1,066.9 (398.1)668.8 
Tradenames19 years156.7 (24.7)132.0 
Intangible assets not subject to amortization - trademarks and tradenames86.3 — 86.3 
Total intangible assets, net16 years$1,337.3 $(445.7)$891.6 
Intangible asset amortization expense totaled $58.7 million, $59.1 million and $58.7 million for the years ended December 31, 2025, 2024, and 2023, respectively. There were no acquired intangibles in 2025, 2024, or 2023.
During the year ended December 31, 2024, the Company recorded a $0.6 million impairment charge related to an indefinite-lived tradename no longer used.
The Company expects to recognize amortization expense on intangible assets subject to amortization of $58.5 million in 2026, $58.5 million in 2027, $58.5 million in 2028, $58.5 million in 2029, and $58.5 million in 2030.