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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Value of 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
Goodwill$425,849 $1,409,302 $1,092,960 $1,268,541 $511,473 $4,708,125 
Accumulated impairment loss (1)
(10,591)— — (59,970)— (70,561)
Balance at January 1, 2024415,258 1,409,302 1,092,960 1,208,571 511,473 4,637,564 
Acquisitions7,252 315,811 — 14,188 — 337,251 
Measurement period adjustments— — — 227 371 598 
Foreign currency translation(7,246)(29,716)(20,929)(10,944)(876)(69,711)
Balance at December 31, 2024415,264 1,695,397 1,072,031 1,212,042 510,968 4,905,702 
Acquisitions— 7,364 — 359,766 — 367,130 
Measurement period adjustments— 4,677 — (188)— 4,489 
Foreign currency translation15,543 51,601 47,577 35,640 2,356 152,717 
Balance at December 31, 2025
$430,807 $1,759,039 $1,119,608 $1,607,260 $513,324 $5,430,038 
(1) Accumulated impairment loss as of December 31, 2025 is not subject to foreign currency translation.
Schedule of Intangible Assets
The Company's definite-lived and indefinite-lived intangible assets by major asset class were as follows:
 December 31, 2025December 31, 2024
 
Gross
Amount
Accumulated
Amortization
Net Carrying Amount
Gross
Amount
Accumulated
Amortization
Net Carrying Amount
Amortized intangible assets:    
Customer intangibles$2,663,551 $1,369,528 $1,294,023 $2,343,823 $1,174,195 $1,169,628 
Trademarks311,501 180,564 130,937 283,216 156,745 126,471 
Patents197,671 148,694 48,977 201,828 146,271 55,557 
Unpatented technologies369,832 203,960 165,872 277,945 169,310 108,635 
Distributor relationships85,840 75,919 9,921 79,855 66,469 13,386 
Other28,301 15,147 13,154 22,100 11,400 10,700 
Total3,656,696 1,993,812 1,662,884 3,208,767 1,724,390 1,484,377 
Unamortized intangible assets:    
Trademarks96,732 — 96,732 96,477 — 96,477 
Total intangible assets, net$3,753,428 $1,993,812 $1,759,616 $3,305,244 $1,724,390 $1,580,854 
Schedule of Indefinite-lived Intangible Assets
The Company's definite-lived and indefinite-lived intangible assets by major asset class were as follows:
 December 31, 2025December 31, 2024
 
Gross
Amount
Accumulated
Amortization
Net Carrying Amount
Gross
Amount
Accumulated
Amortization
Net Carrying Amount
Amortized intangible assets:    
Customer intangibles$2,663,551 $1,369,528 $1,294,023 $2,343,823 $1,174,195 $1,169,628 
Trademarks311,501 180,564 130,937 283,216 156,745 126,471 
Patents197,671 148,694 48,977 201,828 146,271 55,557 
Unpatented technologies369,832 203,960 165,872 277,945 169,310 108,635 
Distributor relationships85,840 75,919 9,921 79,855 66,469 13,386 
Other28,301 15,147 13,154 22,100 11,400 10,700 
Total3,656,696 1,993,812 1,662,884 3,208,767 1,724,390 1,484,377 
Unamortized intangible assets:    
Trademarks96,732 — 96,732 96,477 — 96,477 
Total intangible assets, net$3,753,428 $1,993,812 $1,759,616 $3,305,244 $1,724,390 $1,580,854 
Schedule of Future Amortization Expense
Estimated future amortization expense related to intangible assets held at December 31, 2025 for the next five years is as follows:
Estimated Amortization
2026$221,952 
2027215,867 
2028182,961 
2029171,082 
2030161,970