Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill attributable to each reportable segment for the years ended December 31, 2020 and 2019 are as follows.


	Industrial Technologies and Services		Precision and Science Technologies		Specialty Vehicle Technologies		High Pressure Solutions		Total
Balance as of December 31, 2018	$	866.8	$	227.9	$	—	$	194.8	$	1,289.5
Acquisitions	6.3		2.0		—		—		8.3
Foreign currency translation and other(1)	(7.7)		(2.4)		—		—		(10.1)
Balance as of December 31, 2019	865.4		227.5		—		194.8		1,287.7
Acquisitions	3,213.5		1,165.5		525.6		—		4,904.6
Foreign currency translation	72.3		38.4		0.6		—		111.3
Balance as of December 31, 2020	$	4,151.2	$	1,431.4	$	526.2	$	194.8	$	6,303.6

(1) During the year ended December 31, 2019, the Company recorded immaterial measurement period adjustments.

Goodwill by Segment

The goodwill attributable to the four businesses is as follows.


2020 Acquisitions	Industrial Technologies and Services		Precision and Science Technologies		Specialty Vehicle Technologies		High Pressure Solutions		Total
Ingersoll Rand Industrial	$	3,198.0	$	1,162.3	$	525.6	$	—	$	4,885.9
Albin Pump SAS	—		3.2		—		—		3.2
Other acquisitions	15.5		—		—		—		15.5
	$	3,213.5	$	1,165.5	$	525.6	$	—	$	4,904.6

The Company acquired two businesses during the year ended December 31, 2019. The excess of the purchase price over the estimated fair values of intangible assets, identifiable assets and assumed liabilities was recorded as goodwill. The goodwill attributable to the two businesses is as follows.


2019 Acquisitions	Industrial Technologies and Services		Precision and Science Technologies		Specialty Vehicle Technologies		High Pressure Solutions		Total
Oina	$	—	$	2.0	$	—	$	—	$	2.0
ACBN	6.3		—		—		—		6.3
	$	6.3	$	2.0	$	—	$	—	$	8.3

Schedule of Other Intangible Assets

Other intangible assets as of December 31, 2020 and 2019 consisted of the following.


	December 31, 2020						December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortized intangible assets:
Customer lists and relationships	$	3,446.9	$	(966.0)	$	2,480.9	$	1,238.7	$	(673.9)	$	564.8
Technology	285.9		(39.0)		246.9		30.2		(6.0)		24.2
Tradenames	41.8		(15.6)		26.2		40.4		(11.9)		28.5

Other	105.5		(60.0)		45.5		64.0		(40.8)		23.2
Unamortized intangible assets:
Tradenames	1,933.1		—		1,933.1		614.3		—		614.3
Total other intangible assets	$	5,813.2	$	(1,080.6)	$	4,732.6	$	1,987.6	$	(732.6)	$	1,255.0