Goodwill and Other Intangible Assets, net (Tables)

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

Schedule of Changes in Goodwill

Changes in the carrying values of goodwill for the six months ended June 30, 2026, by segment, were as follows (in millions):

	Segment
	Utility Solutions		Electrical Solutions		Total
BALANCE AT DECEMBER 31, 2025	$	2,384.0	$	676.8	$	3,060.8
Prior year acquisitions(1)	4.0		—		4.0
Current year acquisitions(1)	—		1,288.7		1,288.7
Foreign currency translation	1.5		(0.9)		0.6
BALANCE AT JUNE 30, 2026	$	2,389.5	$	1,964.6	$	4,354.1

 (1) Refer to Note 2 - Business Acquisitions for additional information.

Schedule of Other Intangible Assets

The carrying value of other intangible assets included in Other intangible assets, net in the Condensed Consolidated Balance Sheets is as follows (in millions):

	June 30, 2026				December 31, 2025
	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Definite-lived:
Patents, tradenames and trademarks	$	315.0	$	(110.6)	$	250.0	$	(104.7)
Customer relationships	3,424.3		(560.0)		1,633.6		(517.6)
Developed technology and other	277.9		(190.4)		278.6		(179.4)
TOTAL DEFINITE-LIVED INTANGIBLES	$	4,017.2	$	(861.0)	$	2,162.2	$	(801.7)
Indefinite-lived:
Tradenames and other	33.7		—		33.8		—
TOTAL OTHER INTANGIBLE ASSETS	$	4,050.9	$	(861.0)	$	2,196.0	$	(801.7)