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Goodwill and Other Intangibles, Net (Tables) | 9 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets With a Definite Life | The following table provides information related to the carrying value of intangible assets with a definite life:
| September 30, 2024 |  |  |  |  | December 31, 2023 |
| Gross |  |  |  |  |  |  |  |  |  |  |  | Amortization |  | Gross |  |  |  |  |  |  |  |  |  |
| Carrying |  |  | Accumulated |  |  |  |  |  |  |  |  | Period |  | Carrying |  |  | Accumulated |  |  |  |  |  |  |
| Amount |  |  | Amortization |  |  | Impairments(1) |  |  | Net |  |  | (Years) |  | Amount |  |  | Amortization |  |  | Impairments |  |  | Net |
Intangible assets with a definite life: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade Names | $ | 1,384.5 |  |  | $ | (461.2 | ) |  | $ | 0.0 |  |  | $ | 923.3 |  |  | 3-20 |  | $ | 1,385.5 |  |  | $ | (403.5 | ) |  | $ | 0.0 |  |  | $ | 982.0 |
Customer Relationships |  | 645.6 |  |  |  | (395.2 | ) |  |  | (15.8 | ) |  |  | 234.6 |  |  | 15-20 |  |  | 644.9 |  |  |  | (373.3 | ) |  |  | (3.5 | ) |  |  | 268.1 |
Patents/Formulas |  | 205.6 |  |  |  | (124.2 | ) |  |  | 0.0 |  |  |  | 81.4 |  |  | 4-20 |  |  | 208.3 |  |  |  | (116.1 | ) |  |  | (1.9 | ) |  |  | 90.3 |
Total | $ | 2,235.7 |  |  | $ | (980.6 | ) |  | $ | (15.8 | ) |  | $ | 1,239.3 |  |  |  |  | $ | 2,238.7 |  |  | $ | (892.9 | ) |  | $ | (5.4 | ) |  | $ | 1,340.4 |
(1) Intangible asset impairment of VMS customer relationships. See Indefinite-Lived Trade Names disclosure for more info rmation.
Schedule of Indefinite-Lived Trade Names | The following table presents the carrying value of indefinite-lived trade names:
| September 30, |  |  | December 31, |
| 2024 |  |  | 2023 |
Gross Carrying Value Trade Names | $ | 1,961.7 |  |  | $ | 1,961.9 |
VMS impairment |  | 281.3 |  |  |  | 0.0 |
Net Carrying Value Trade Names | $ | 1,680.4 |  |  | $ | 1,961.9 |
Carrying Amount of Goodwill | The carrying amount of goodwill is as follows:
| Consumer |  |  | Consumer |  |  | Specialty |  |  |  |
| Domestic |  |  | International |  |  | Products |  |  | Total |
Balance at December 31, 2023 | $ | 2,061.1 |  |  | $ | 234.4 |  |  | $ | 136.0 |  |  | $ | 2,431.5 |
Graphico acquired goodwill |  | 0.0 |  |  | $ | 2.8 |  |  |  | 0.0 |  |  |  | 2.8 |
Passport divestiture |  | 0.0 |  |  |  | 0.0 |  |  |  | (1.0 | ) |  |  | (1.0 | )
Balance at September 30, 2024 | $ | 2,061.1 |  |  | $ | 237.2 |  |  | $ | 135.0 |  |  | $ | 2,433.3 |
Intangible and Fixed Asset Impairment Charges | A summary of the VMS intangible and fixed asset impairment charges are as follows:
| September 30, |
| 2024 |
Trade Name | $ | 281.3 |
Customer Relationship Intangible Asset |  | 15.8 |
PP&E |  | 60.0 |
Total VMS impairment charges | $ | 357.1 |

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- Definition The entire disclosure for the details of the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value. Disclosure may also include a description of the impaired asset and facts and circumstances leading to the impairment, amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired asset is reported. + References No definition available. + Details
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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-2 + Details
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