Goodwill and Other Intangibles Resulting from Business Acquisitions (Tables)

3 Months Ended

Mar. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Net Carrying Amount of Goodwill

Changes in the net carrying amount of goodwill for the three months ended March 30, 2024 by reportable segment are shown below.

(In millions)	Materials Group		Solutions Group		Total
Goodwill as of December 30, 2023	$	630.7	$	1,382.9	$	2,013.6
Acquisition adjustments(1)	—		(3.0)		(3.0)
Translation adjustments	(10.5)		(6.4)		(16.9)
Goodwill as of March 30, 2024	$	620.2	$	1,373.5	$	1,993.7

(1) Measurement period adjustments related to the purchase price allocation for the 2023 acquisitions of Silver Crystal Group, LG Group, Inc., and Thermopatch, Inc.

Schedule of Estimated Amortization Expense for Finite-Lived Intangible Assets

Estimated future amortization expense related to existing finite-lived intangible assets for the remainder of fiscal year 2024 and for each of the next four fiscal years and thereafter is shown below.

(In millions)	Estimated Amortization Expense
2024 (remainder of year)	$	66.8
2025	88.4
2026	85.6
2027	85.2
2028	77.4
2029 and thereafter	265.5