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Goodwill and Intangible Assets
 9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Changes to goodwill are as follows:
(in millions) Crane Payment InnovationsCrane CurrencyTotal
Balance as of December 31, 2022
$622.4 $214.2 $836.6 
Currency translation(9.0)(0.3)(9.3)
Balance as of September 30, 2023
$613.4 $213.9 $827.3 
As of September 30, 2023, we had $314.3 million of net intangible assets, of which $45.5 million were intangibles with indefinite useful lives. As of December 31, 2022, we had $344.9 million of net intangible assets, of which $45.5 million were intangibles with indefinite useful lives.
Changes to intangible assets are as follows:
(in millions)Nine Months Ended September 30, 2023Year Ended December 31, 2022
Balance at beginning of period, net of accumulated amortization$344.9 $388.5 
Amortization expense(27.0)(36.0)
Currency translation and other(3.6)(7.6)
Balance at end of period, net of accumulated amortization$314.3 $344.9 
A summary of intangible assets are as follows:
September 30, 2023December 31, 2022
(in millions)Weighted Average
Amortization Period of Finite Lived Assets (in years)		Gross
Asset		Accumulated
Amortization		NetGross
Asset		Accumulated
Amortization		Net
Intellectual property rights10.3$61.8 $14.5 $47.3 $62.0 $14.0 $48.0 
Customer relationships and backlog18.8495.7 257.6 238.1 502.9 242.0 260.9 
Other9.998.1 69.2 28.9 98.7 62.7 36.0 
Total18.0$655.6 $341.3 $314.3 $663.6 $318.7 $344.9 
Future amortization expense associated with intangible assets is expected to be:
(in millions)
Remainder of 2023$9.2 
202435.4 
202530.1 
202629.9 
202729.1 
2028 and after135.1