Goodwill and Purchased Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill

The following table presents changes in goodwill during the six months ended June 30, 2022 (in millions):

	Access Equipment			Defense		Fire & Emergency		Commercial		Total
Net goodwill at December 31, 2021	$	877.6		$	44.4	$	106.1	$	20.9	$	1,049.0
Foreign currency translation		(14.9	)		—		—		—		(14.9	)
Acquisition		—			—		8.9		—		8.9
Net goodwill at June 30, 2022	$	862.7		$	44.4	$	115.0	$	20.9	$	1,043.0

Schedule of Company's Goodwill Allocated to the Reportable Segments

The following table presents details of the Company’s goodwill allocated to the reportable segments (in millions):

	June 30, 2022							December 31, 2021
	Gross		Accumulated Impairment			Net		Gross		Accumulated Impairment			Net
Access Equipment	$	1,794.8	$	(932.1	)	$	862.7	$	1,809.7	$	(932.1	)	$	877.6
Defense		44.4		—			44.4		44.4		—			44.4
Fire & Emergency		117.0		(2.0	)		115.0		108.1		(2.0	)		106.1
Commercial		188.5		(167.6	)		20.9		188.5		(167.6	)		20.9
	$	2,144.7	$	(1,101.7	)	$	1,043.0	$	2,150.7	$	(1,101.7	)	$	1,049.0

Schedule of Purchased Intangible Assets

Details of the Company’s total purchased intangible assets are as follows (in millions):

	June 30, 2022
	Weighted- Average Life		Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Distribution network		39.2	$	55.4	$	(36.3	)	$	19.1
Technology-related		12.0		108.3		(104.1	)		4.2
Customer relationships		12.6		572.5		(554.2	)		18.3
Other		12.0		23.5		(20.3	)		3.2
		14.4		759.7		(714.9	)		44.8
Preliminary acquisition amortizable intangible assets		5.0		3.8		—			3.8
		14.4		763.5		(714.9	)		48.6
Non-amortizable trade names				417.0		—			417.0
			$	1,180.5	$	(714.9	)	$	465.6

	December 31, 2021
	Weighted- Average Life		Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Distribution network		39.2	$	55.4	$	(35.6	)	$	19.8
Technology-related		11.9		104.7		(104.0	)		0.7
Customer relationships		12.6		572.6		(551.3	)		21.3
Other		12.1		23.6		(18.5	)		5.1
		14.4		756.3		(709.4	)		46.9
Non-amortizable trade names				417.1		—			417.1
			$	1,173.4	$	(709.4	)	$	464.0