Goodwill and Other Intangibles, Net (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets With a Definite Life

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

	September 30, 2024											December 31, 2023
	Gross										Amortization	Gross
	Carrying		Accumulated								Period	Carrying		Accumulated
	Amount		Amortization			Impairments(1)			Net		(Years)	Amount		Amortization			Impairments			Net
Intangible assets with a definite life:
Trade Names	$	1,384.5	$	(461.2	)	$	0.0		$	923.3	3-20	$	1,385.5	$	(403.5	)	$	0.0		$	982.0
Customer Relationships		645.6		(395.2	)		(15.8	)		234.6	15-20		644.9		(373.3	)		(3.5	)		268.1
Patents/Formulas		205.6		(124.2	)		0.0			81.4	4-20		208.3		(116.1	)		(1.9	)		90.3
Total	$	2,235.7	$	(980.6	)	$	(15.8	)	$	1,239.3		$	2,238.7	$	(892.9	)	$	(5.4	)	$	1,340.4

(1) Intangible asset impairment of VMS customer relationships. See Indefinite-Lived Trade Names disclosure for more information.

Schedule of Indefinite-Lived Trade Names

The following table presents the carrying value of indefinite-lived trade names:

	September 30,		December 31,
	2024		2023
Gross Carrying Value Trade Names	$	1,961.7	$	1,961.9
VMS impairment		281.3		0.0
Net Carrying Value Trade Names	$	1,680.4	$	1,961.9

Carrying Amount of Goodwill

The carrying amount of goodwill is as follows:

	Consumer		Consumer		Specialty
	Domestic		International		Products			Total
Balance at December 31, 2023	$	2,061.1	$	234.4	$	136.0		$	2,431.5
Graphico acquired goodwill		0.0	$	2.8		0.0			2.8
Passport divestiture		0.0		0.0		(1.0	)		(1.0	)
Balance at September 30, 2024	$	2,061.1	$	237.2	$	135.0		$	2,433.3

Intangible and Fixed Asset Impairment Charges

A summary of the VMS intangible and fixed asset impairment charges are as follows:

	September 30,
	2024
Trade Name	$	281.3
Customer Relationship Intangible Asset		15.8
PP&E		60.0
Total VMS impairment charges	$	357.1