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Goodwill and Other Intangible Assets, net | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets, net | Goodwill and Other Intangible Assets, net Goodwill The changes in the carrying amount of goodwill, net by reportable segment follows:
(in millions) |  | CCM |  | CWT |  | CIT |  | CFT |  | Total
Net balance as of December 31, 2020 |  | $ | 613.0 |  |  | $ | — |  |  | $ | 835.6 |  |  | $ | 193.1 |  |  | $ | 1,641.7 |
Goodwill acquired during year (1), (2) |  | 903.0 |  |  | — |  |  | — |  |  | — |  |  | 903.0 |
Measurement period adjustments |  | (339.4) |  |  | — |  |  | — |  |  | (0.2) |  |  | (339.6) |
Currency translation and other |  | (4.0) |  |  | — |  |  | (0.4) |  |  | (1.7) |  |  | (6.1) |
Net balance as of December 31, 2021 |  | $ | 1,172.6 |  |  | $ | — |  |  | $ | 835.2 |  |  | $ | 191.2 |  |  | $ | 2,199.0 |
Goodwill acquired during year (1) |  | 12.5 |  |  | — |  |  | — |  |  | — |  |  | 12.5 |
Measurement period adjustments |  | 1.3 |  |  | — |  |  | — |  |  | — |  |  | 1.3 |
Change in reportable segments(3) |  | (254.6) |  |  | 254.6 |  |  | — |  |  | — |  |  | — |
Currency translation and other |  | 1.0 |  |  | (9.8) |  |  | 0.4 |  |  | (3.7) |  |  | (12.1) |
Net balance as of December 31, 2022 |  | $ | 932.8 |  |  | $ | 244.8 |  |  | $ | 835.6 |  |  | $ | 187.5 |  |  | $ | 2,200.7 |
(1)See Note 3 for further information on goodwill resulting from recent acquisitions. (2)In addition to the acquisitions disclosed in Note 3, the Company acquired one business for an aggregate purchase price of $3.2 million during 2020. (3)In 2022, the CCM reporting unit, which aligned with the CCM reportable segment, was divided into four reporting units. The goodwill previously assigned to the CCM reporting unit was allocated to the new reporting units based on their relative fair values. CCM Commercial Roofing, CCM Architectural Metals and CCM Europe reporting units are within the CCM reportable segment. The CWT reporting unit aligns with the CWT reportable segment. Other Intangible Assets, net
|  | December 31, 2022 |  | December 31, 2021
(in millions) |  | Acquired Cost |  | Accumulated Amortization |  | Net Book Value |  | Acquired Cost |  | Accumulated Amortization |  | Net Book Value
Assets subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 1,896.7 |  |  | $ | (602.6) |  |  | $ | 1,294.1 |  |  | $ | 1,906.8 |  |  | $ | (479.5) |  |  | $ | 1,427.3 |
Technology and intellectual property |  | 302.0 |  |  | (223.3) |  |  | 78.7 |  |  | 305.3 |  |  | (198.6) |  |  | 106.7 |
Trade names and other |  | 129.0 |  |  | (77.3) |  |  | 51.7 |  |  | 124.4 |  |  | (63.8) |  |  | 60.6 |
Assets not subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | 412.8 |  |  | — |  |  | 412.8 |  |  | 414.1 |  |  | — |  |  | 414.1 |
Other intangible assets, net |  | $ | 2,740.5 |  |  | $ | (903.2) |  |  | $ | 1,837.3 |  |  | $ | 2,750.6 |  |  | $ | (741.9) |  |  | $ | 2,008.7 |
The remaining weighted-average amortization period of intangible assets subject to amortization as of December 31, 2022, follows (in years):
Customer relationships |  | 13.5
Technology and intellectual property |  | 7.2
Trade names and other |  | 8.2
Total assets subject to amortization |  | 13.0
Intangible assets subject to amortization as of December 31, 2022, will be amortized as follows:
(in millions) |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | Thereafter
Estimated future amortization expense |  | $ | 145.5 |  |  | $ | 136.2 |  |  | $ | 132.9 |  |  | $ | 123.8 |  |  | $ | 116.0 |  |  | $ | 770.1 |
The net carrying values of the Company’s other intangible assets, net by reportable segment follows:
(in millions) |  | December 31, 2022 |  | December 31, 2021
Carlisle Construction Materials |  | $ | 129.1 |  |  | $ | 142.6 |
Carlisle Weatherproofing Technologies |  | 1,192.2 |  |  | 1,280.0 |
Carlisle Interconnect Technologies |  | 287.2 |  |  | 335.0 |
Carlisle Fluid Technologies |  | 222.6 |  |  | 242.9 |
Corporate |  | 6.2 |  |  | 8.2 |
Total |  | $ | 1,837.3 |  |  | $ | 2,008.7 |

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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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