XML 44 R33.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2024
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 for the Company as of and for the period ended March 31, 2024:
AerospaceIndustrialTotal Company
December 31, 2023 (A)
$352,352 $831,272 $1,183,624 
Reclassified to assets held for sale (see Note 3)— (58,900)(58,900)
Foreign currency translation(784)(21,587)(22,371)
March 31, 2024$351,568 $750,785 $1,102,353 
(A) Industrial amounts are net of accumulated goodwill impairment losses of $68,194.
Schedule of Intangible Assets
Other intangible assets consisted of:
March 31, 2024December 31, 2023
Range of
Life -Years
Gross AmountAccumulated AmortizationGross AmountAccumulated Amortization
Amortized intangible assets:  
Revenue Sharing Programs (RSPs)
Up to 30
$299,500 $(179,695)$299,500 $(176,143)
Component Repair Programs (CRPs)
Up to 30
111,839 (51,430)111,839 (49,577)
Customer relationships
10-16
579,050 (181,220)586,189 (180,679)
Patents and technology
4-18
174,280 (97,764)178,433 (100,662)
Trademarks/trade names
10-30
7,153 (6,399)10,949 (10,910)
Other
Up to 10
26,334 (15,783)26,334 (14,857)
1,198,156 (532,291)1,213,244 (532,828)
Unamortized intangible assets:
Trade names55,670 — 55,670 — 
Foreign currency translation(37,143)— (29,615)— 
Other intangible assets$1,216,683 $(532,291)$1,239,299 $(532,828)