Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Other Intangible Assets

Schedule of changes in the carrying amount of goodwill by segment

	Harsh				Interconnect
	Environment		Communications		and Sensor
	Solutions		Solutions		Systems		Total
Goodwill at December 31, 2023	$	2,009.3	$	2,977.5	$	2,105.6	$	7,092.4
Acquisition-related		1,174.2		4.1		49.6		1,227.9
Foreign currency translation		(12.5)		(13.7)		(32.3)		(58.5)
Goodwill at June 30, 2024	$	3,171.0	$	2,967.9	$	2,122.9	$	8,261.8

Summary of the Company's amortizable intangible assets

Other than goodwill noted above, the Company’s intangible assets as of June 30, 2024 and December 31, 2023 were as follows:

	June 30, 2024							December 31, 2023
	Weighted	Gross				Net		Gross				Net
	Average	Carrying		Accumulated		Carrying		Carrying		Accumulated		Carrying
	Life (years)	Amount		Amortization		Amount		Amount		Amortization		Amount
Customer relationships	12	$	1,289.3	$	479.3	$	810.0	$	782.6	$	450.6	$	332.0
Proprietary technology	13		350.7		158.4		192.3		365.1		146.1		219.0
Backlog and other	1		153.2		115.9		37.3		114.1		99.4		14.7
Total intangible assets (definite-lived)	11		1,793.2		753.6		1,039.6		1,261.8		696.1		565.7
Trade names (indefinite-lived)			269.1				269.1		269.1				269.1
		$	2,062.3	$	753.6	$	1,308.7	$	1,530.9	$	696.1	$	834.8

Summary of the Company's indefinite-lived intangible assets

Other than goodwill noted above, the Company’s intangible assets as of June 30, 2024 and December 31, 2023 were as follows:

	June 30, 2024							December 31, 2023
	Weighted	Gross				Net		Gross				Net
	Average	Carrying		Accumulated		Carrying		Carrying		Accumulated		Carrying
	Life (years)	Amount		Amortization		Amount		Amount		Amortization		Amount
Customer relationships	12	$	1,289.3	$	479.3	$	810.0	$	782.6	$	450.6	$	332.0
Proprietary technology	13		350.7		158.4		192.3		365.1		146.1		219.0
Backlog and other	1		153.2		115.9		37.3		114.1		99.4		14.7
Total intangible assets (definite-lived)	11		1,793.2		753.6		1,039.6		1,261.8		696.1		565.7
Trade names (indefinite-lived)			269.1				269.1		269.1				269.1
		$	2,062.3	$	753.6	$	1,308.7	$	1,530.9	$	696.1	$	834.8