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Goodwill and Other Intangible Assets | 6 Months Ended
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Jun. 30, 2022
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: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Harsh |  | ​ | ​ | Interconnect |  | ​ | ​ |
​ | ​ | Environment | ​ | Communications | ​ | and Sensor | ​ | ​ | ​ |
​ | ​ | Solutions | ​ | Solutions | ​ | Systems | ​ | Total |
Goodwill at December 31, 2021 | ​ | $ | 1,663.7 | ​ | $ | 2,950.1 | ​ | $ | 1,763.0 | ​ | $ | 6,376.8 | ​
Acquisition-related | ​ |  | 32.3 | ​ |  | (6.4) | ​ |  | (2.5) | ​ |  | 23.4 | ​
Foreign currency translation | ​ |  | (25.8) | ​ |  | (34.5) | ​ |  | (64.9) | ​ |  | (125.2) | ​
Goodwill at June 30, 2022 | ​ | $ | 1,670.2 | ​ | $ | 2,909.2 | ​ | $ | 1,695.6 | ​ | $ | 6,275.0 | ​
​ The decrease in goodwill during the first six months of 2022 was primarily driven by foreign currency translation, partially offset by goodwill recognized from one acquisition that closed during the first six months of 2022. ​ Other than goodwill noted above, the Company’s intangible assets as of June 30, 2022 and December 31, 2021 were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | June 30, 2022 | ​ | December 31, 2021
​ | Weighted | ​ | Gross |  | ​ |  | Net |  | Gross |  | ​ |  | Net
​ | Average | ​ | Carrying | ​ | Accumulated | ​ | Carrying | ​ | Carrying | ​ | Accumulated | ​ | Carrying
​ | Life (years) | ​ | Amount | ​ | Amortization | ​ | Amount | ​ | Amount | ​ | Amortization | ​ | Amount
Customer relationships | 10 | ​ | $ | 654.7 | ​ | $ | 374.8 | ​ | $ | 279.9 | ​ | $ | 637.2 | ​ | $ | 357.5 | ​ | $ | 279.7
Proprietary technology | 13 | ​ |  | 309.9 | ​ |  | 112.9 | ​ | ​ | 197.0 | ​ |  | 311.1 | ​ |  | 102.2 | ​ | ​ | 208.9
Backlog and other | 1 | ​ |  | 79.9 | ​ |  | 74.7 | ​ | ​ | 5.2 | ​ |  | 74.9 | ​ |  | 74.7 | ​ | ​ | 0.2
Total intangible assets (definite-lived) | 10 | ​ | ​ | 1,044.5 | ​ | ​ | 562.4 | ​ | ​ | 482.1 | ​ | ​ | 1,023.2 | ​ | ​ | 534.4 | ​ | ​ | 488.8
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trade names (indefinite-lived) | ​ | ​ | ​ | 269.1 | ​ | ​ | ​ | ​ | ​ | 269.1 | ​ | ​ | 268.1 | ​ | ​ | ​ | ​ | ​ | 268.1
​ | ​ | ​ | $ | 1,313.6 | ​ | $ | 562.4 | ​ | $ | 751.2 | ​ | $ | 1,291.3 | ​ | $ | 534.4 | ​ | $ | 756.9
​ The increase in the gross carrying amount of intangible assets in the first six months of 2022 was primarily driven by certain customer relationships and acquired backlog recognized as a result of the acquisition accounting associated with recent acquisitions. Amortization expense for the three months ended June 30, 2022 and 2021 was approximately $16.8 and $32.6, respectively. Amortization expense for the six months ended June 30, 2022 and 2021 was approximately $34.8 and $44.9, respectively. Amortization expense for the three and six months ended June 30, 2021 also included $16.2 related to the amortization of acquired backlog, resulting from the MTS acquisition. As of June 30, 2022, amortization expense relating to the Company’s current intangible assets estimated for the remainder of 2022 is approximately $38.4 and for each of the next five fiscal years is approximately $66.4 in 2023, $61.0 in 2024, $51.7 in 2025, $50.0 in 2026 and $43.3 in 2027.

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- 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 https://asc.fasb.org/topic&trid=2144416 + Details
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