Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table sets forth the change in the carrying amount of goodwill for each reportable segment and the Company:

	Aerospace		Industrial		Total Company
January 1, 2022	$	30,786	$	924,584	$	955,370
Impairment charge (see below)	—		(68,194)		(68,194)
Foreign currency translation	—		(51,704)		(51,704)
December 31, 2022	30,786		804,686		835,472
Acquisition-related	320,883		—		320,883
Foreign currency translation	683		26,586		27,269
December 31, 2023 (A)	$	352,352	$	831,272	$	1,183,624

(A) Industrial amounts are net of accumulated goodwill impairment losses of $68,194.

Schedule of Intangible Assets

Other intangible assets at December 31 consisted of:

		2023				2022
	Range of Life-Years	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Amortized intangible assets:
Revenue Sharing Programs	Up to 30	$	299,500	$	(176,143)	$	299,500	$	(164,162)
Component Repair Programs	Up to 30	111,839		(49,577)		111,839		(41,880)
Customer relationships	10-16	586,189		(180,679)		337,189		(156,442)
Patents and technology	4-18	178,433		(100,662)		123,433		(92,875)
Trademarks/trade names	10-30	10,949		(10,910)		10,949		(10,772)
Other	Up to 10	26,334		(14,857)		9,413		(2,966)
		1,213,244		(532,828)		892,323		(469,097)
Unamortized intangible assets:
Trade names		55,670		—		55,670		—
Foreign currency translation		(29,615)		—		(36,404)		—
Other intangible assets		$	1,239,299	$	(532,828)	$	911,589	$	(469,097)