Intangible Assets and Goodwill (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

The following table presents a summary of our intangible assets:

	First Quarter of 2023						Year End 2022
	Gross						Gross
	Carrying		Accumulated		Net Carrying		Carrying		Accumulated		Net Carrying
(In millions)	Amount		Amortization		Amount		Amount		Amortization		Amount
Developed product technology	$	1,024.0	$	(745.4)	$	278.6	$	1,004.8	$	(722.7)	$	282.1
Customer relationships	638.8		(439.8)		199.0		654.1		(445.9)		208.2
Trade names and trademarks	39.0		(33.6)		5.4		39.5		(32.7)		6.8
Distribution rights and other intellectual property	6.4		(5.1)		1.3		8.0		(7.0)		1.0
	$	1,708.2	$	(1,223.9)	$	484.3	$	1,706.4	$	(1,208.3)	$	498.1

Schedule of Estimated Future Amortization Expense

The estimated future amortization expense of intangible assets at the end of the first quarter of 2023 was as follows:

(In millions)
2023 (Remaining)	$	101.7
2024	111.8
2025	76.2
2026	70.0
2027	56.3
Thereafter	68.3
Total	$	484.3

Schedule of Changes in Carrying Amount of Goodwill by Operating Segment

The changes in the carrying amount of goodwill by segment for the first quarter of 2023 were as follows: 

	Buildings and Infrastructure		Geospatial		Resources and Utilities		Transportation		Total
(In millions)
Balance as of year end 2022	$	2,300.1	$	382.1	$	471.8	$	983.9	$	4,137.9
Additions due to acquisitions	22.5		—		—		—		22.5
Foreign currency translation and other adjustments	6.6		2.2		6.2		1.2		16.2
Balance as of the end of the first quarter of 2023	$	2,329.2	$	384.3	$	478.0	$	985.1	$	4,176.6