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Goodwill & Intangibles (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill & Intangibles  
Changes in the carrying amount of goodwill by geographic segment

Gross Balance

Accumulated Impairment Losses

Foreign Currency Translation

Net Goodwill

Acquired

January 1,

Balance

During

Balance

Balance

Impairment

Balance

2024 -

January 1,

the

June 30,

January 1,

Loss During

June 30,

June 30,

June 30,

    

2024

      

Period

     

2024

      

2024

      

the Period

      

2024

     

2024

      

2024

(in millions)

Americas

$

587.1

$

31.0

$

618.1

$

(24.5)

$

$

(24.5)

$

(0.3)

$

593.3

Europe

 

239.8

 

 

239.8

 

(129.7)

 

 

(129.7)

 

(3.4)

 

106.7

APMEA

 

33.2

 

 

33.2

 

(12.9)

 

 

(12.9)

 

(0.7)

 

19.6

Total

$

860.1

$

31.0

$

891.1

$

(167.1)

$

$

(167.1)

$

(4.4)

$

719.6

Schedule of Intangible assets

June 30, 2024

December 31, 2023

Gross

Net

Gross

Net

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

    

Amount

    

Amortization

    

Amount

    

Amount

    

Amortization

    

Amount

(in millions)

Patents

$

5.0

$

(5.0)

$

$

5.0

$

(5.0)

$

Customer relationships

 

252.0

 

(93.0)

 

159.0

 

218.0

 

(85.3)

 

132.7

Technology

 

53.2

 

(46.0)

 

7.2

 

53.2

 

(44.2)

 

9.0

Trade names

 

20.7

 

(12.5)

 

8.2

 

20.8

 

(12.3)

 

8.5

Other

 

1.1

 

(0.7)

 

0.4

 

1.1

 

(0.7)

 

0.4

Total amortizable intangibles

 

332.0

 

(157.2)

 

174.8

 

298.1

 

(147.5)

 

150.6

Indefinite-lived intangible assets

 

70.9

 

 

70.9

 

65.5

 

 

65.5

$

402.9

$

(157.2)

$

245.7

$

363.6

$

(147.5)

$

216.1