XML 41 R31.htm IDEA: XBRL DOCUMENT v3.23.1
Goodwill and Other Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
As of March 31, 2023 and December 30, 2022, other intangible assets, net, consisted of the following:

March 31, 2023
Estimated
Useful Life
Gross Carrying
Amount (a)
Accumulated
Amortization
Net Carrying
Amount
Customer relationships
5 – 25 years
$520,838 $(129,976)$390,862 
Technology
4 – 15 years
98,478 (58,557)39,921 
Trade names – definite
2 – 10 years
59,964 (25,315)34,649 
Trade names – indefiniteindefinite76,564 — 76,564 
Total intangible assets$755,844 $(213,848)$541,996 

December 30, 2022
Estimated
Useful Life
Gross Carrying
Amount (a)
Accumulated
Amortization
Net Carrying
Amount
Customer relationships
5 – 25 years
$520,825 $(123,393)$397,432 
Technology
4 – 15 years
98,478 (54,391)44,087 
Trade names – definite
2 – 10 years
59,963 (23,627)36,336 
Trade names – indefiniteindefinite76,564 — 76,564 
Total intangible assets$755,830 $(201,411)$554,419 
(a) Amounts also include any net changes in intangible asset balances for the periods presented that resulted from foreign currency translation.
Schedule of Indefinite-Lived Intangible Assets
As of March 31, 2023 and December 30, 2022, other intangible assets, net, consisted of the following:

March 31, 2023
Estimated
Useful Life
Gross Carrying
Amount (a)
Accumulated
Amortization
Net Carrying
Amount
Customer relationships
5 – 25 years
$520,838 $(129,976)$390,862 
Technology
4 – 15 years
98,478 (58,557)39,921 
Trade names – definite
2 – 10 years
59,964 (25,315)34,649 
Trade names – indefiniteindefinite76,564 — 76,564 
Total intangible assets$755,844 $(213,848)$541,996 

December 30, 2022
Estimated
Useful Life
Gross Carrying
Amount (a)
Accumulated
Amortization
Net Carrying
Amount
Customer relationships
5 – 25 years
$520,825 $(123,393)$397,432 
Technology
4 – 15 years
98,478 (54,391)44,087 
Trade names – definite
2 – 10 years
59,963 (23,627)36,336 
Trade names – indefiniteindefinite76,564 — 76,564 
Total intangible assets$755,830 $(201,411)$554,419 
(a) Amounts also include any net changes in intangible asset balances for the periods presented that resulted from foreign currency translation.
Schedule of Finite-Lived Intangible Assets, Estimated Amortization Expense
As of March 31, 2023, the estimated amortization expense for intangible assets for the next five fiscal years and thereafter are as follows:

Remainder of 2023
$37,148 
202443,204 
202535,588 
202635,233 
202734,417 
2028 and thereafter
279,842 
Total$465,432