Goodwill & Intangibles (Tables)

9 Months Ended

Sep. 29, 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		September 29,		January 1,		Loss During		September 29,		September 29,		September 29,
	2024		Period		2024		2024		the Period		2024		2024		2024
	(in millions)
Americas	$	587.1	$	31.5	$	618.6	$	(24.5)	$	—	$	(24.5)	$	(0.2)	$	593.9
Europe		239.8		—		239.8		(129.7)		—		(129.7)		1.2		111.3
APMEA		33.2		—		33.2		(12.9)		—		(12.9)		—		20.3
Total	$	860.1	$	31.5	$	891.6	$	(167.1)	$	—	$	(167.1)	$	1.0	$	725.5

Schedule of Intangible assets

	September 29, 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		252.2		(96.8)		155.4		218.0		(85.3)		132.7
Technology		53.2		(47.0)		6.2		53.2		(44.2)		9.0
Trade names		20.8		(12.7)		8.1		20.8		(12.3)		8.5
Other		1.1		(0.8)		0.3		1.1		(0.7)		0.4
Total amortizable intangibles		332.3		(162.3)		170.0		298.1		(147.5)		150.6
Indefinite-lived intangible assets		71.5		—		71.5		65.5		—		65.5
	$	403.8	$	(162.3)	$	241.5	$	363.6	$	(147.5)	$	216.1