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Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | The changes in the carrying value of goodwill by reportable operating segments were as follows:
| Engineered Products |  | Clean Energy & Fueling |  | Imaging & Identification |  | Pumps & Process Solutions |  | Climate & Sustainability Technologies |  | Total
Balance at December 31, 2021 | $ | 723,283 |  |  | $ | 1,427,691 |  |  | $ | 1,106,202 |  |  | $ | 792,839 |  |  | $ | 508,807 |  |  | $ | 4,558,822 |
Acquisitions | — |  |  | — |  |  | — |  |  | 154,016 |  |  | — |  |  | 154,016 |
Measurement period adjustments | (286) |  |  | 44 |  |  | (1,544) |  |  | — |  |  | — |  |  | (1,786) |
Foreign currency translation | (21,852) |  |  | (70,344) |  |  | (56,274) |  |  | (27,867) |  |  | (2,382) |  |  | (178,719) |
Balance at September 30, 2022 | $ | 701,145 |  |  | $ | 1,357,391 |  |  | $ | 1,048,384 |  |  | $ | 918,988 |  |  | $ | 506,425 |  |  | $ | 4,532,333 |
Schedule of Definite-lived Intangible Assets | The Company’s definite-lived and indefinite-lived intangible assets by major asset class were as follows:
| September 30, 2022 |  | December 31, 2021
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer intangibles | $ | 1,819,083 |  |  | $ | 947,490 |  |  | $ | 871,593 |  |  | $ | 1,829,492 |  |  | $ | 909,776 |  |  | $ | 919,716 |
Trademarks | 257,029 |  |  | 125,754 |  |  | 131,275 |  |  | 263,367 |  |  | 116,633 |  |  | 146,734 |
Patents | 215,500 |  |  | 141,621 |  |  | 73,879 |  |  | 205,910 |  |  | 140,327 |  |  | 65,583 |
Unpatented technologies | 243,792 |  |  | 129,646 |  |  | 114,146 |  |  | 221,239 |  |  | 123,464 |  |  | 97,775 |
Distributor relationships | 74,812 |  |  | 53,594 |  |  | 21,218 |  |  | 84,204 |  |  | 55,260 |  |  | 28,944 |
Drawings and manuals | 24,447 |  |  | 24,447 |  |  | — |  |  | 27,792 |  |  | 27,303 |  |  | 489 |
Other | 22,503 |  |  | 18,017 |  |  | 4,486 |  |  | 22,347 |  |  | 18,775 |  |  | 3,572 |
Total | 2,657,166 |  |  | 1,440,569 |  |  | 1,216,597 |  |  | 2,654,351 |  |  | 1,391,538 |  |  | 1,262,813 |
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |
Trademarks | 96,404 |  |  | — |  |  | 96,404 |  |  | 96,709 |  |  | — |  |  | 96,709 |
Total intangible assets, net(1) | $ | 2,753,570 |  |  | $ | 1,440,569 |  |  | $ | 1,313,001 |  |  | $ | 2,751,060 |  |  | $ | 1,391,538 |  |  | $ | 1,359,522 |
(1)The change in intangible assets, net for the nine months ended September 30, 2022 includes a decrease of $48.2 million due to foreign currency translation.
Schedule of Indefinite-lived Intangible Assets | The Company’s definite-lived and indefinite-lived intangible assets by major asset class were as follows:
| September 30, 2022 |  | December 31, 2021
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer intangibles | $ | 1,819,083 |  |  | $ | 947,490 |  |  | $ | 871,593 |  |  | $ | 1,829,492 |  |  | $ | 909,776 |  |  | $ | 919,716 |
Trademarks | 257,029 |  |  | 125,754 |  |  | 131,275 |  |  | 263,367 |  |  | 116,633 |  |  | 146,734 |
Patents | 215,500 |  |  | 141,621 |  |  | 73,879 |  |  | 205,910 |  |  | 140,327 |  |  | 65,583 |
Unpatented technologies | 243,792 |  |  | 129,646 |  |  | 114,146 |  |  | 221,239 |  |  | 123,464 |  |  | 97,775 |
Distributor relationships | 74,812 |  |  | 53,594 |  |  | 21,218 |  |  | 84,204 |  |  | 55,260 |  |  | 28,944 |
Drawings and manuals | 24,447 |  |  | 24,447 |  |  | — |  |  | 27,792 |  |  | 27,303 |  |  | 489 |
Other | 22,503 |  |  | 18,017 |  |  | 4,486 |  |  | 22,347 |  |  | 18,775 |  |  | 3,572 |
Total | 2,657,166 |  |  | 1,440,569 |  |  | 1,216,597 |  |  | 2,654,351 |  |  | 1,391,538 |  |  | 1,262,813 |
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |
Trademarks | 96,404 |  |  | — |  |  | 96,404 |  |  | 96,709 |  |  | — |  |  | 96,709 |
Total intangible assets, net(1) | $ | 2,753,570 |  |  | $ | 1,440,569 |  |  | $ | 1,313,001 |  |  | $ | 2,751,060 |  |  | $ | 1,391,538 |  |  | $ | 1,359,522 |
(1)The change in intangible assets, net for the nine months ended September 30, 2022 includes a decrease of $48.2 million due to foreign currency translation.

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