Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill and Other Identifiable Intangible Assets

The changes in the carrying amount of goodwill during the years ended December 31, 2021 and 2020 by reportable segment, as well as other identifiable intangible assets, are summarized as follows:

	Goodwill
	Automotive		Industrial		Total		Other Intangible Assets, Net
Balance as of January 1, 2020	$	1,897,495	$	396,024	$	2,293,519	$	1,492,097
Additions	15,061		5,261		20,322		21,890
Amortization	—		—		—		(94,962)
Impairments	(506,721)		—		(506,721)		—
Foreign currency translation	99,688		10,669		110,357		79,232
Balance as of December 31, 2020	1,505,523		411,954		1,917,477		1,498,257
Additions	85,182		2,701		87,883		72,189
Amortization	—		—		—		(103,273)
Foreign currency translation	(83,243)		(6,810)		(90,053)		(60,772)
Balance as of December 31, 2021	$	1,507,462	$	407,845	$	1,915,307	$	1,406,401

Schedule of Gross Carrying Amounts and Accumulated Amortization Relating to Other Intangible Assets

The gross carrying amounts and accumulated amortization relating to other intangible assets at December 31, 2021 and 2020 are as follows:

	2021						2020
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	1,590,733	$	(464,198)	$	1,126,535	$	1,578,153	$	(388,120)	$	1,190,033
Trademarks	337,802		(58,073)		279,729		358,253		(50,227)		308,026
Non-competition agreements	5,430		(5,293)		137		5,719		(5,521)		198
	$	1,933,965	$	(527,564)	$	1,406,401	$	1,942,125	$	(443,868)	$	1,498,257

Schedule of Estimated Other Intangible Assets Amortization Expense

Estimated other intangible assets amortization expense for the succeeding five years is as follows:

2022	$	99,280
2023	98,649
2024	97,900
2025	97,580
2026	96,707
	$	490,116