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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Changes in the carrying value of goodwill were as follows:
Year ended December 31, 2022:
Mobile IndustriesProcess
Industries
Total
Beginning Balance$371.7 $651.0 $1,022.7 
Acquisitions30.5 76.4 106.9 
Foreign currency translation adjustments(11.6)(19.7)(31.3)
Ending Balance$390.6 $707.7 $1,098.3 
Year ended December 31, 2021:
Mobile IndustriesProcess
Industries
Total
Beginning Balance$384.6 $663.0 $1,047.6 
Acquisitions— 5.4 5.4 
Foreign currency translation adjustments and other changes
(12.9)(17.4)(30.3)
Ending Balance$371.7 $651.0 $1,022.7 
Schedule of Finite-Lived Intangible Assets
The following table displays intangible assets as of December 31, 2022 and 2021:
  
20222021
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets subject
 to amortization:
Customer relationships$561.5 $(183.2)$378.3 $518.1 $(189.3)$328.8 
Technology and know-how273.1 (80.4)192.7 270.7 (86.6)184.1 
Trade names18.4 (8.7)9.7 14.3 (9.6)4.7 
Capitalized Software288.4 (266.3)22.1 280.0 (261.3)18.7 
Other3.3 (2.3)1.0 4.7 (3.6)1.1 
 $1,144.7 $(540.9)$603.8 $1,087.8 $(550.4)$537.4 
Intangible assets not
 subject to amortization:
Trade names$152.8 $152.8 $122.7 $122.7 
FAA air agency certificates8.7 8.7 8.7 8.7 
 $161.5 $161.5 $131.4 $131.4 
Total intangible assets$1,306.2 $(540.9)$765.3 $1,219.2 $(550.4)$668.8 
Schedule of Indefinite-Lived Intangible Assets
The following table displays intangible assets as of December 31, 2022 and 2021:
  
20222021
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets subject
 to amortization:
Customer relationships$561.5 $(183.2)$378.3 $518.1 $(189.3)$328.8 
Technology and know-how273.1 (80.4)192.7 270.7 (86.6)184.1 
Trade names18.4 (8.7)9.7 14.3 (9.6)4.7 
Capitalized Software288.4 (266.3)22.1 280.0 (261.3)18.7 
Other3.3 (2.3)1.0 4.7 (3.6)1.1 
 $1,144.7 $(540.9)$603.8 $1,087.8 $(550.4)$537.4 
Intangible assets not
 subject to amortization:
Trade names$152.8 $152.8 $122.7 $122.7 
FAA air agency certificates8.7 8.7 8.7 8.7 
 $161.5 $161.5 $131.4 $131.4 
Total intangible assets$1,306.2 $(540.9)$765.3 $1,219.2 $(550.4)$668.8