XML 45 R35.htm IDEA: XBRL DOCUMENT v3.22.2
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
The changes in the carrying value of goodwill by reportable operating segments were as follows:
 Engineered ProductsClean Energy & FuelingImaging & IdentificationPumps & Process SolutionsClimate & Sustainability TechnologiesTotal
Balance at December 31, 2021$723,283 $1,427,691 $1,106,202 $792,839 $508,807 $4,558,822 
Acquisitions— — — 2,315 — 2,315 
Measurement period adjustments51 3,491 (1,544)— — 1,998 
Foreign currency translation(9,990)(30,913)(26,778)(12,875)(1,128)(81,684)
Balance at June 30, 2022$713,344 $1,400,269 $1,077,880 $782,279 $507,679 $4,481,451 
Schedule of Intangible Assets The Company’s definite-lived and indefinite-lived intangible assets by major asset class were as follows:
June 30, 2022December 31, 2021
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Amortized intangible assets:
Customer intangibles$1,796,305 $942,681 $853,624 $1,829,492 $909,776 $919,716 
Trademarks258,892 124,256 134,636 263,367 116,633 146,734 
Patents203,314 141,449 61,865 205,910 140,327 65,583 
Unpatented technologies248,534 128,700 119,834 221,239 123,464 97,775 
Distributor relationships79,873 55,325 24,548 84,204 55,260 28,944 
Drawings and manuals25,757 25,757 — 27,792 27,303 489 
Other21,986 18,448 3,538 22,347 18,775 3,572 
Total2,634,661 1,436,616 1,198,045 2,654,351 1,391,538 1,262,813 
Unamortized intangible assets:
Trademarks96,581 — 96,581 96,709 — 96,709 
Total intangible assets, net$2,731,242 $1,436,616 $1,294,626 $2,751,060 $1,391,538 $1,359,522