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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill
The following table summarizes the changes in the carrying amount of goodwill by segment (in millions):
AmericasEMEAAPACTotal
Balance as of December 31, 2024$1,469.2 $309.4 $219.7 $1,998.3 
Acquisitions
— 8.8 — 8.8 
Effect of movements in exchange rates— 11.6 2.1 13.7 
Balance as of March 31, 2025$1,469.2 $329.8 $221.8 $2,020.8 
Summary of Finite-Lived Intangible Assets
The following tables summarize the carrying amounts and accumulated amortization of intangible assets (in millions):
As of March 31, 2025
Useful Life
(in years)
Gross ValueAccumulated AmortizationNet Value
C&W trade nameIndefinite$546.0 $— $546.0 
Customer relationships
4 - 15
1,259.7 (1,123.3)136.4 
Total intangible assets$1,805.7 $(1,123.3)$682.4 
As of December 31, 2024
Useful Life
(in years)
Gross ValueAccumulated AmortizationNet Value
C&W trade nameIndefinite$546.0 $— $546.0 
Customer relationships
5 - 15
1,248.9 (1,104.8)144.1 
Other intangible assets
n/a
15.2 (15.2)— 
Total intangible assets$1,810.1 $(1,120.0)$690.1 
Summary of Indefinite-Lived Intangible Assets
The following tables summarize the carrying amounts and accumulated amortization of intangible assets (in millions):
As of March 31, 2025
Useful Life
(in years)
Gross ValueAccumulated AmortizationNet Value
C&W trade nameIndefinite$546.0 $— $546.0 
Customer relationships
4 - 15
1,259.7 (1,123.3)136.4 
Total intangible assets$1,805.7 $(1,123.3)$682.4 
As of December 31, 2024
Useful Life
(in years)
Gross ValueAccumulated AmortizationNet Value
C&W trade nameIndefinite$546.0 $— $546.0 
Customer relationships
5 - 15
1,248.9 (1,104.8)144.1 
Other intangible assets
n/a
15.2 (15.2)— 
Total intangible assets$1,810.1 $(1,120.0)$690.1