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Goodwill and Other Identifiable Intangible Assets
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Identifiable Intangible Assets Goodwill and Other Identifiable Intangible Assets
The changes in the carrying amount of goodwill by reportable segment were as follows:
In millionsDecember 31,
2021
Purchase
Accounting
Adjustments
AcquisitionsForeign 
currency 
translation
September 30,
2022
Consumer Solutions$1,722.5 $1.4 $796.7 $(20.0)$2,500.6 
Industrial & Flow Technologies782.0 0.5 — (80.6)701.9 
Total goodwill$2,504.5 $1.9 $796.7 $(100.6)$3,202.5 
Identifiable intangible assets consisted of the following:
 September 30,
2022
December 31,
2021
In millionsCostAccumulated
amortization
NetCostAccumulated
amortization
Net
Definite-life intangibles
Customer relationships$1,087.8 $(285.3)$802.5 $558.8 $(320.1)$238.7 
Proprietary technology and patents91.6 (33.7)57.9 46.3 (32.1)14.2 
Other14.4 (7.2)7.2 — — — 
Total definite-life intangibles1,193.8 (326.2)867.6 605.1 (352.2)252.9 
Indefinite-life intangibles
Trade names243.1 — 243.1 175.1 — 175.1 
Total intangibles$1,436.9 $(326.2)$1,110.7 $780.2 $(352.2)$428.0 
Identifiable intangible asset amortization expense was $18.5 million and $6.0 million for the three months ended September 30, 2022 and 2021, respectively, and $31.4 million and $19.4 million for the nine months ended September 30, 2022 and 2021, respectively.
Estimated future amortization expense for identifiable intangible assets during the remainder of 2022 and the next five years is as follows:
 Q4     
202220232024202520262027
Estimated amortization expense$20.9 $54.6 $54.1 $54.1 $52.8 $51.6