Goodwill and Identifiable Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table shows changes in the carrying amount of goodwill from December 31, 2019 to December 31, 2021 by reportable segment:

	Performance Coatings		Mobility Coatings		Total
December 31, 2019	$	1,130.9	$	78.0	$	1,208.9
Foreign currency translation	80.4		5.6		86.0
December 31, 2020	$	1,211.3	$	83.6	$	1,294.9
Goodwill from acquisitions	372.8		—		372.8
Purchase accounting adjustments	(0.4)		—		(0.4)
Foreign currency translation	(70.3)		(4.3)		(74.6)
December 31, 2021	$	1,513.4	$	79.3	$	1,592.7

Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class

The following table summarizes the gross carrying amounts and accumulated amortization of identifiable intangible assets by major class:

December 31, 2021	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Weighted average amortization periods (years)
Technology	$	575.3	$	(420.9)	$	154.4	10.2
Trademarks—indefinite-lived	266.7		—		266.7		Indefinite
Trademarks—definite-lived	134.5		(43.8)		90.7		14.4
Customer relationships	1,131.8		(366.6)		765.2		19.2
Other	14.5		(13.3)		1.2		5.0
Total	$	2,122.8	$	(844.6)	$	1,278.2

December 31, 2020	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Weighted average amortization periods (years)
Technology	$	564.8	$	(383.6)	$	181.2	10.4
Trademarks—indefinite-lived	282.9		—		282.9		Indefinite
Trademarks—definite-lived	103.6		(37.5)		66.1		16.0
Customer relationships	943.6		(329.3)		614.3		19.0
Other	15.3		(11.0)		4.3		5.0
Total	$	1,910.2	$	(761.4)	$	1,148.8

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated amortization expense related to the fair value of acquired intangible assets for each of the succeeding five years is:

2022	$	129.9
2023	$	90.0
2024	$	85.3
2025	$	84.6
2026	$	84.1