Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill during the three months ended March 31, 2024 are summarized as follows (in millions):

	North America		South America		Europe/Middle East		Asia/Pacific/Africa		Consolidated
Balance as of December 31, 2023	$	668.2	$	93.5	$	458.5	$	113.2	$	1,333.4
Acquisitions	—		—		8.7		—		8.7
Foreign currency translation	(0.9)		(3.0)		(10.0)		(2.4)		(16.3)
Balance as of March 31, 2024	$	667.3	$	90.5	$	457.2	$	110.8	$	1,325.8

Schedule of Acquired Finite-Lived Intangible Assets

Changes in the carrying amount of acquired intangible assets during the three months ended March 31, 2024 are summarized as follows (in millions):

Gross carrying amounts:	Trademarks and Trade Names		Customer Relationships		Patents and Technology		Land Use Rights		Total
Balance as of December 31, 2023	$	194.3	$	580.7	$	148.2	$	6.3	$	929.5
Foreign currency translation	(1.8)		(4.5)		(2.1)		(0.1)		(8.5)
Balance as of March 31, 2024	$	192.5	$	576.2	$	146.1	$	6.2	$	921.0

Accumulated amortization:	Trademarks and Trade Names		Customer Relationships		Patents and Technology		Land Use Rights		Total
Balance as of December 31, 2023	$	114.5	$	483.4	$	113.3	$	1.7	$	712.9
Amortization expense	2.5		9.1		2.3		—		13.9
Foreign currency translation	(0.9)		(3.7)		(1.9)		(0.1)		(6.6)
Balance as of March 31, 2024	$	116.1	$	488.8	$	113.7	$	1.6	$	720.2

Schedule of Acquired Indefinite-Lived Intangible Assets

Indefinite-lived intangible assets:	Trademarks and Trade Names
Balance as of December 31, 2023	$	85.9
Foreign currency translation	(0.9)
Balance as of March 31, 2024	$	85.0