Goodwill and Purchased Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill

The following table presents changes in goodwill during the three months ended March 31, 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		(4.1	)		—		—		—		(4.1	)
Net goodwill at March 31, 2022	$	873.5		$	44.4	$	106.1	$	20.9	$	1,044.9

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):

	March 31, 2022							December 31, 2021
	Gross		Accumulated Impairment			Net		Gross		Accumulated Impairment			Net
Access Equipment	$	1,805.6	$	(932.1	)	$	873.5	$	1,809.7	$	(932.1	)	$	877.6
Defense		44.4		—			44.4		44.4		—			44.4
Fire & Emergency		108.1		(2.0	)		106.1		108.1		(2.0	)		106.1
Commercial		188.5		(167.6	)		20.9		188.5		(167.6	)		20.9
	$	2,146.6	$	(1,101.7	)	$	1,044.9	$	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):

	March 31, 2022
	Weighted- Average Life		Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Distribution network		39.2	$	55.4	$	(35.9	)	$	19.5
Technology-related		12.0		108.4		(104.1	)		4.3
Customer relationships		12.6		572.6		(552.8	)		19.8
Other		12.2		23.6		(19.4	)		4.2
		14.4		760.0		(712.2	)		47.8
Non-amortizable trade names				417.1		—			417.1
			$	1,177.1	$	(712.2	)	$	464.9

	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