XML 38 R20.htm IDEA: XBRL DOCUMENT
v3.20.4

Goodwill and Other Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2020
Goodwill and Other Intangible Assets |
Goodwill and Other Intangible Assets | Note 12—Goodwill and Other Intangible Assets ​ The changes in the carrying amount of goodwill by segment were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Interconnect |  | Cable |  | ​ | ​ |
​ | ​ | Products and | ​ | Products and | ​ | ​ | ​ |
​ | ​ | Assemblies | ​ | Solutions | ​ | Total |
Goodwill at December 31, 2018 | ​ | $ | 3,956.7 | ​ | $ | 146.5 | ​ | $ | 4,103.2 | ​
Acquisition-related | ​ |  | 774.0 | ​ |  | 10.6 | ​ |  | 784.6 | ​
Foreign currency translation | ​ |  | (20.7) | ​ |  | — | ​ |  | (20.7) | ​
Goodwill at December 31, 2019 | ​ | $ | 4,710.0 | ​ | $ | 157.1 | ​ | $ | 4,867.1 | ​
Acquisition-related | ​ |  | 50.0 | ​ |  | 0.5 | ​ |  | 50.5 | ​
Foreign currency translation | ​ |  | 114.5 | ​ |  | — | ​ |  | 114.5 | ​
Goodwill at December 31, 2020 | ​ | $ | 4,874.5 | ​ | $ | 157.6 | ​ | $ | 5,032.1 | ​
​ Other than goodwill noted above, the following is a summary of the Company’s intangible assets as of December 31, 2020 and 2019: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | December 31, 2020 | ​ | December 31, 2019
​ | Weighted | ​ | Gross |  | ​ |  | Net |  | Gross |  | ​ |  | Net
​ | Average | ​ | Carrying | ​ | Accumulated | ​ | Carrying | ​ | Carrying | ​ | Accumulated | ​ | Carrying
​ | Life (years) | ​ | Amount | ​ | Amortization | ​ | Amount | ​ | Amount | ​ | Amortization | ​ | Amount
Customer relationships | 9 | ​ | $ | 456.6 | ​ | $ | 313.6 | ​ | $ | 143.0 | ​ | $ | 446.2 | ​ | $ | 272.2 | ​ | $ | 174.0
Proprietary technology | 11 | ​ |  | 156.2 | ​ |  | 88.1 | ​ | ​ | 68.1 | ​ |  | 156.0 | ​ |  | 74.4 | ​ | ​ | 81.6
Backlog and other | 2 | ​ |  | 49.7 | ​ |  | 49.4 | ​ | ​ | 0.3 | ​ |  | 49.7 | ​ |  | 49.4 | ​ | ​ | 0.3
Total intangible assets (definite-lived) | 9 | ​ | ​ | 662.5 | ​ | ​ | 451.1 | ​ | ​ | 211.4 | ​ | ​ | 651.9 | ​ | ​ | 396.0 | ​ | ​ | 255.9
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trade names (indefinite-lived) | ​ | ​ | ​ | 186.1 | ​ | ​ | ​ | ​ | ​ | 186.1 | ​ | ​ | 186.1 | ​ | ​ | ​ | ​ | ​ | 186.1
​ | ​ | ​ | $ | 848.6 | ​ | $ | 451.1 | ​ | $ | 397.5 | ​ | $ | 838.0 | ​ | $ | 396.0 | ​ | $ | 442.0
​ The increase in the gross carrying amounts of intangible assets in 2020 was primarily due to the impact of foreign currency translation. The amortization expense for the years ended December 31, 2020, 2019 and 2018 was approximately $49.6, $67.3 and $46.9, respectively. The amortization expense in 2019 included $15.7 related to the amortization of acquired backlog, primarily from the SSI acquisition. As of December 31, 2020, amortization expense relating to the Company’s current intangible assets estimated for each of the next five fiscal years is approximately $46.2 in 2021, $38.5 in 2022, $35.7 in 2023, $30.0 in 2024, and $20.5 in 2025.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration