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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Changes in the carrying amount of goodwill during the years ended December 31, 2024, 2023 and 2022 are summarized as follows (in millions):
North
America
South
America
Europe/
Middle East
Asia/
Pacific/Africa
Consolidated
Balance as of December 31, 2022$667.3 $86.0 $444.3 $113.2 $1,310.8 
Foreign currency translation0.9 7.5 14.2 — 22.6 
Balance as of December 31, 2023668.2 93.5 458.5 113.2 1,333.4 
Acquisitions955.6 32.5 592.4 20.4 1,600.9 
Divestiture(1)
(523.9)(12.4)(61.4)(113.2)(710.9)
Impairment charge(354.1)— — — (354.1)
Foreign currency translation(3.0)(18.7)(27.2)— (48.9)
Balance as of December 31, 2024$742.8 $94.9 $962.3 $20.4 $1,820.4 
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(1)    Divestiture resulting from the Company's sale of the majority of the G&P business, $507.3 million is included within “Loss on sale of business” in the Company’s Consolidated Statements of Operations and $203.6 million was divested. Refer to Note 3 for additional information.
Schedule of Acquired Finite-Lived Intangible Assets by Major Class The acquired intangible assets have a weighted average useful life as follows:
Intangible AssetsWeighted-Average Useful Life
Patents and technology13 years
Customer relationships16 years
Trademarks and trade names22 years
Other
13 years
Changes in the carrying amount of acquired intangible assets during 2024 and 2023 are summarized as follows (in millions):
Gross Carrying AmountsTrademarks and
Trade Names
Customer
Relationships
Patents and
Technology
Other
Total
Balance as of December 31, 2022$191.8 $574.5 $150.6 $6.5 $923.4 
Impairment charge— — (5.1)— (5.1)
Foreign currency translation2.5 6.2 2.7 (0.2)11.2 
Balance as of December 31, 2023194.3 580.7 148.2 6.3 929.5 
Acquisitions6.5 47.3 526.0 44.8 624.6 
Divestiture
(122.7)(434.4)(59.2)— (616.3)
Foreign currency translation(3.0)(14.5)(10.3)(0.2)(28.0)
Balance as of December 31, 2024$75.1 $179.1 $604.7 $50.9 $909.8 

Accumulated AmortizationTrademarks and
Trade Names
Customer
Relationships
Patents and
Technology
Other
Total
Balance as of December 31, 2022$103.3 $440.8 $101.5 $1.6 $647.2 
Amortization expense10.0 36.8 10.8 0.1 57.7 
Impairment charge
— — (1.0)— (1.0)
Foreign currency translation1.2 5.8 2.0 — 9.0 
Balance as of December 31, 2023114.5 483.4 113.3 1.7 712.9 
Amortization expense7.4 23.0 37.2 13.4 81.0 
Divestiture
(74.2)(383.7)(49.3)— (507.2)
Foreign currency translation(2.1)(13.1)(6.2)(0.2)(21.6)
Balance as of December 31, 2024$45.6 $109.6 $95.0 $14.9 $265.1 
Schedule of Indefinite-lived Intangible Assets by Major Class
Indefinite-Lived Intangible AssetsTrademarks and
Trade Names
Balance as of December 31, 2022$84.8 
Foreign currency translation1.1 
Balance as of December 31, 202385.9 
Foreign currency translation(2.1)
Balance as of December 31, 2024$83.8