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v3.23.2

Intangible Assets, net (Details) - USD ($) $ in Millions | 6 Months Ended |  |
--- | --- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | May 01, 2023 | Dec. 31, 2022
Intangible assets subject to amortization: |  |  |  |
Intangible assets subject to amortization, Gross Carrying Amount | $ 749.5 |  |  | $ 745.8
Intangible assets subject to amortization, Accumulated Amortization | (515.3) |  |  | (491.9)
Intangible assets |  |  |  |
Intangible assets, Gross Carrying Amount | 1,518.1 |  |  | 1,511.5
Amortization expense for intangible assets | 23.0 | $ 24.3 |  |
Changes in intangible assets due to foreign currency translation gains (losses) | 1.2 | $ (1.6) |  |
Summary of estimated aggregate amortization expense for each of the succeeding five years |  |  |  |
2023 (remaining six months) | 20.8 |  |  |
2024 | 40.5 |  |  |
2025 | 36.3 |  |  |
2026 | 26.8 |  |  |
2027 | 26.2 |  |  |
Thereafter | 83.6 |  |  |
Total | 234.2 |  |  |
Southern Steel |  |  |  |
Intangible assets |  |  |  |
Intangible assets recorded in connection with acquisition |  |  | $ 5.0 |
Trade names |  |  |  |
Intangible assets not subject to amortization: |  |  |  |
Intangible assets not subject to amortization, Gross Carrying Amount | $ 768.6 |  |  | 765.7
Customer lists/relationships |  |  |  |
Intangible assets subject to amortization: |  |  |  |
Weighted average amortizable life in years | 14 years 2 months 12 days |  |  |
Intangible assets subject to amortization, Gross Carrying Amount | $ 716.4 |  |  | 713.6
Intangible assets subject to amortization, Accumulated Amortization | $ (501.2) |  |  | (479.3)
Backlog of orders |  |  |  |
Intangible assets subject to amortization: |  |  |  |
Weighted average amortizable life in years | 7 years 10 months 24 days |  |  |
Intangible assets subject to amortization, Gross Carrying Amount | $ 22.8 |  |  | 22.3
Intangible assets subject to amortization, Accumulated Amortization | $ (4.6) |  |  | (3.1)
Other |  |  |  |
Intangible assets subject to amortization: |  |  |  |
Weighted average amortizable life in years | 9 years 4 months 24 days |  |  |
Intangible assets subject to amortization, Gross Carrying Amount | $ 10.3 |  |  | 9.9
Intangible assets subject to amortization, Accumulated Amortization | $ (9.5) |  |  | $ (9.5)

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