XML 45 R34.htm IDEA: XBRL DOCUMENT v3.23.1
Goodwill and Other Intangibles, Net (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets

The following table provides information related to the carrying value of intangible assets with a useful life:

 

March 31, 2023

 

 

 

 

December 31, 2022

 

 

Gross

 

 

 

 

 

 

 

 

Amortization

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

Period

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

 

 

Amount

 

 

Amortization

 

 

Net

 

 

(Years)

 

Amount

 

 

Amortization

 

 

Impairments

 

 

Net

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade Names

$

1,385.1

 

 

$

(344.1

)

 

$

1,041.0

 

 

3-20

 

$

1,785.8

 

 

$

(406.2

)

 

$

(319.0

)

 

$

1,060.6

 

Customer Relationships

 

644.9

 

 

 

(348.1

)

 

 

296.8

 

 

15-20

 

 

723.4

 

 

 

(358.9

)

 

 

(59.3

)

 

 

305.2

 

Patents/Formulas

 

208.3

 

 

 

(107.0

)

 

 

101.3

 

 

4-20

 

 

251.7

 

 

 

(114.6

)

 

 

(32.7

)

 

 

104.4

 

Total

$

2,238.3

 

 

$

(799.2

)

 

$

1,439.1

 

 

 

 

$

2,760.9

 

 

$

(879.7

)

 

$

(411.0

)

 

$

1,470.2

 

Indefinite Lived Intangible Assets

The following table presents the carrying value of indefinite lived intangible assets:

 

March 31,

 

 

December 31,

 

 

2023

 

 

2022

 

Trade Names

$

1,961.5

 

 

$

1,961.4

 

Carrying Amount of Goodwill

The carrying amount of goodwill is as follows:

 

Consumer

 

 

Consumer

 

 

Specialty

 

 

 

 

 

Domestic

 

 

International

 

 

Products

 

 

Total

 

Balance at December 31, 2022

$

2,056.4

 

 

$

234.4

 

 

$

136.0

 

 

$

2,426.8

 

Hero working capital adjustment

 

3.5

 

 

 

0.0

 

 

 

0.0

 

 

 

3.5

 

Balance at March 31, 2023

$

2,059.9

 

 

$

234.4

 

 

$

136.0

 

 

$

2,430.3