Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 28, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill, by reportable segment, were as follows (in millions):

	December 31, 2023		Business divestitures		Impairments		Currency translation adjustments		September 28, 2024
CSCA(1)	$	2,080.9	$	—	$	—	$	1.0	$	2,081.9
CSCI(2)	1,448.2		(93.1)		(27.5)		11.9		1,339.5
Total goodwill	$	3,529.1	$	(93.1)	$	(27.5)	$	12.9	$	3,421.4

(1) We had accumulated goodwill impairments of $6.1 million as of September 28, 2024 and December 31, 2023.

(2) We had accumulated goodwill impairments of $995.9 million and $968.4 million as of September 28, 2024 and December 31, 2023, respectively.

Schedule of Finite and Indefinite-lived Intangible Assets

Intangible assets and related accumulated amortization consisted of the following (in millions):

	September 28, 2024				December 31, 2023
	Gross		Accumulated Amortization		Gross		Accumulated Amortization
Indefinite-lived intangibles:(1)
Trademarks, trade names, and brands	$	3.5	$	—	$	3.4	$	—
In-process research and development	1.9		—		1.9		—
Total indefinite-lived intangibles	$	5.4	$	—	$	5.3	$	—
Definite-lived intangibles:
Distribution and license agreements and supply agreements	$	90.9	$	60.5	$	90.8	$	57.5
Developed product technology, formulations, and product rights	347.6		224.5		534.0		238.4
Customer relationships and distribution networks	1,850.8		1,161.2		1,868.1		1,108.9
Trademarks, trade names, and brands	2,516.5		704.2		2,502.0		609.3
Non-compete agreements	2.1		2.1		2.1		2.1
Total definite-lived intangibles	$	4,807.9	$	2,152.5	$	4,997.0	$	2,016.2
Total intangible assets	$	4,813.3	$	2,152.5	$	5,002.3	$	2,016.2

(1) Certain intangible assets are denominated in currencies other than U.S. dollar; therefore, their gross and net carrying values are subject to foreign currency movements.