XML 21 R10.htm IDEA: XBRL DOCUMENT
v3.22.2

Intangible Assets and Goodwill | 6 Months Ended
--- | ---
Jul. 01, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill | INTANGIBLE ASSETS AND GOODWILL Intangible Assets The following table presents a summary of our intangible assets:
| Second Quarter of 2022 |  | Year End 2021
| Gross |  |  |  |  |  | Gross |  |  |  |
| Carrying |  | Accumulated |  | Net Carrying |  | Carrying |  | Accumulated |  | Net Carrying
(In millions) | Amount |  | Amortization |  | Amount |  | Amount |  | Amortization |  | Amount
Developed product technology | $ | 948.5 |  |  | $ | (729.3) |  |  | $ | 219.2 |  |  | $ | 1,011.9 |  |  | $ | (748.2) |  |  | $ | 263.7 |
Customer relationships | 632.7 |  |  | (427.0) |  |  | 205.7 |  |  | 667.8 |  |  | (428.9) |  |  | 238.9 |
Trade names and trademarks | 45.6 |  |  | (38.6) |  |  | 7.0 |  |  | 48.0 |  |  | (45.0) |  |  | 3.0 |
Distribution rights and other intellectual property | 9.2 |  |  | (8.2) |  |  | 1.0 |  |  | 10.0 |  |  | (9.0) |  |  | 1.0 |
| $ | 1,636.0 |  |  | $ | (1,203.1) |  |  | $ | 432.9 |  |  | $ | 1,737.7 |  |  | $ | (1,231.1) |  |  | $ | 506.6 |
The estimated future amortization expense of intangible assets at the end of the second quarter of 2022 was as follows:
(In millions) |
2022 (Remaining) | $ | 58.4 |
2023 | 112.5 |
2024 | 89.1 |
2025 | 55.6 |
2026 | 49.3 |
Thereafter | 68.0 |
Total | $ | 432.9 |
Goodwill The changes in the carrying amount of goodwill by segment for the first two quarters of 2022 were as follows:
| Buildings and Infrastructure |  | Geospatial |  | Resources and Utilities |  | Transportation |  | Total
(In millions) |  |  |  |  |  |  |  |  |
Balance as of year end 2021 | $ | 2,141.4 |  |  | $ | 403.6 |  |  | $ | 440.8 |  |  | $ | 995.7 |  |  | $ | 3,981.5 |
Decrease from the sale of businesses | (23.9) |  |  | (6.9) |  |  | — |  |  | (6.9) |  |  | (37.7) |
Foreign currency translation and other adjustments | (33.8) |  |  | (11.4) |  |  | (8.5) |  |  | (4.1) |  |  | (57.8) |
Balance as of the end of the second quarter of 2022 | $ | 2,083.7 |  |  | $ | 385.3 |  |  | $ | 432.3 |  |  | $ | 984.7 |  |  | $ | 3,886.0 |

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 https://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration