Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill during the years ended December 31, 2023, 2022 and 2021 are summarized as follows (in millions):

	North America		South America		Europe/ Middle East		Asia/ Pacific/Africa		Consolidated
Balance as of December 31, 2020	$	593.4	$	87.5	$	501.3	$	124.3	$	1,306.5
Acquisitions	16.2		—		0.6		—		16.8
Foreign currency translation	—		(5.8)		(32.4)		(4.3)		(42.5)
Balance as of December 31, 2021	609.6		81.7		469.5		120.0		1,280.8
Acquisition	59.8		—		—		—		59.8
Foreign currency translation	(2.1)		4.3		(25.2)		(6.8)		(29.8)
Balance as of December 31, 2022	667.3		86.0		444.3		113.2		1,310.8
Foreign currency translation	0.9		7.5		14.2		—		22.6
Balance as of December 31, 2023	$	668.2	$	93.5	$	458.5	$	113.2	$	1,333.4

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The acquired intangible assets have a weighted average useful life as follows:

Intangible Assets	Weighted-Average Useful Life
Patents and technology	10 years
Customer relationships	13 years
Trademarks and trade names	19 years
Land use rights	46 years

Changes in the carrying amount of acquired intangible assets during 2023 and 2022 are summarized as follows (in millions):

Gross Carrying Amounts	Trademarks and Trade Names		Customer Relationships		Patents and Technology		Land Use Rights		Total
Gross carrying amounts:
Balance as of December 31, 2021	$	189.0	$	568.6	$	139.9	$	7.0	$	904.5
Acquisitions	7.1		15.4		15.4		—		37.9
Foreign currency translation	(4.3)		(9.5)		(4.7)		(0.5)		(19.0)
Balance as of December 31, 2022	191.8		574.5		150.6		6.5		923.4
Impairment charge	—		—		(5.1)		—		(5.1)
Foreign currency translation	2.5		6.2		2.7		(0.2)		11.2
Balance as of December 31, 2023	$	194.3	$	580.7	$	148.2	$	6.3	$	929.5

Accumulated Amortization	Trademarks and Trade Names		Customer Relationships		Patents and Technology		Land Use Rights		Total
Accumulated amortization:
Balance as of December 31, 2021	$	93.1	$	409.7	$	94.7	$	1.5	$	599.0
Amortization expense	11.7		37.9		10.4		0.1		60.1
Foreign currency translation	(1.5)		(6.8)		(3.6)		—		(11.9)
Balance as of December 31, 2022	103.3		440.8		101.5		1.6		647.2
Amortization expense	10.0		36.8		10.8		0.1		57.7
Impairment charge	—		—		(1.0)		—		(1.0)
Foreign currency translation	1.2		5.8		2.0		—		9.0
Balance as of December 31, 2023	$	114.5	$	483.4	$	113.3	$	1.7	$	712.9

Schedule of Indefinite-lived Intangible Assets by Major Class

Indefinite-Lived Intangible Assets	Trademarks and Trade Names
Balance as of December 31, 2021	$	86.7
Foreign currency translation	(1.9)
Balance as of December 31, 2022	84.8
Foreign currency translation	1.1
Balance as of December 31, 2023	$	85.9