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Goodwill and Other Intangible Assets
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
7. Goodwill and Other Intangible Assets

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 January 1, 2023$712,542 $1,391,418 $1,078,259 $979,535 $507,740 $4,669,494 
Measurement period adjustments— — — (3,820)— (3,820)
Foreign currency translation4,442 15,966 9,184 2,913 425 32,930 
Balance at June 30, 2023$716,984 $1,407,384 $1,087,443 $978,628 $508,165 $4,698,604 

During the six months ended June 30, 2023, the Company recorded measurement period adjustments that decreased goodwill by $3,820, principally related to working capital adjustments for 2022 acquisitions within the Pumps & Process Solutions segment.
The Company’s definite-lived and indefinite-lived intangible assets by major asset class were as follows:
June 30, 2023December 31, 2022
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Amortized intangible assets:
Customer intangibles$1,897,641 $1,059,509 $838,132 $1,881,402 $996,947 $884,455 
Trademarks267,800 142,842 124,958 265,466 132,791 132,675 
Patents214,426 145,885 68,541 219,199 146,337 72,862 
Unpatented technologies263,228 148,466 114,762 257,428 137,750 119,678 
Distributor relationships81,672 60,976 20,696 79,622 57,299 22,323 
Other27,564 17,091 10,473 46,880 41,682 5,198 
Total2,752,331 1,574,769 1,177,562 2,749,997 1,512,806 1,237,191 
Unamortized intangible assets:
Trademarks96,617 — 96,617 96,544 — 96,544 
Total intangible assets, net$2,848,948 $1,574,769 $1,274,179 $2,846,541 $1,512,806 $1,333,735 
For the three months ended June 30, 2023 and 2022, amortization expense was $38,951 and $38,718, respectively. For the six months ended June 30, 2023 and 2022, amortization expense was $79,317 and $79,909, respectively. Amortization expense is primarily comprised of acquisition-related intangible amortization. During the six months ended June 30, 2023, the Company acquired certain intellectual property assets through an immaterial asset acquisition. These assets were classified as unpatented technologies and included in the Imaging & Identification segment.