Intangible Assets and Goodwill (Tables)

6 Months Ended

Jul. 01, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

The following table presents a summary of our intangible assets:

	Second Quarter of 2022						Year End 2021
	Gross						Gross
	Carrying		Accumulated		Net Carrying		Carrying		Accumulated		Net Carrying
(In millions)	Amount		Amortization		Amount		Amount		Amortization		Amount
Developed product technology	$	948.5	$	(729.3)	$	219.2	$	1,011.9	$	(748.2)	$	263.7
Customer relationships	632.7		(427.0)		205.7		667.8		(428.9)		238.9
Trade names and trademarks	45.6		(38.6)		7.0		48.0		(45.0)		3.0
Distribution rights and other intellectual property	9.2		(8.2)		1.0		10.0		(9.0)		1.0
	$	1,636.0	$	(1,203.1)	$	432.9	$	1,737.7	$	(1,231.1)	$	506.6

Schedule of Estimated Future Amortization Expense

The estimated future amortization expense of intangible assets at the end of the second quarter of 2022 was as follows:

(In millions)
2022 (Remaining)	$	58.4
2023	112.5
2024	89.1
2025	55.6
2026	49.3
Thereafter	68.0
Total	$	432.9

Schedule of Changes in Carrying Amount of Goodwill by Operating Segment

The changes in the carrying amount of goodwill by segment for the first two quarters of 2022 were as follows: 

	Buildings and Infrastructure		Geospatial		Resources and Utilities		Transportation		Total
(In millions)
Balance as of year end 2021	$	2,141.4	$	403.6	$	440.8	$	995.7	$	3,981.5
Decrease from the sale of businesses	(23.9)		(6.9)		—		(6.9)		(37.7)
Foreign currency translation and other adjustments	(33.8)		(11.4)		(8.5)		(4.1)		(57.8)
Balance as of the end of the second quarter of 2022	$	2,083.7	$	385.3	$	432.3	$	984.7	$	3,886.0