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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in the Carrying Amount of Goodwill | The changes in the carrying amount of goodwill for 2022 and 2021, by reportable business segment, were as follows:
| FMT |  | HST |  | FSDP |  | Total
| (In millions)
Goodwill | $ | 670.4 |  |  | $ | 1,012.5 |  |  | $ | 413.3 |  |  | $ | 2,096.2 |
Accumulated goodwill impairment losses | (20.7) |  |  | (149.8) |  |  | (30.1) |  |  | (200.6) |
Balance at January 1, 2021 | 649.7 |  |  | 862.7 |  |  | 383.2 |  |  | 1,895.6 |
Foreign currency translation | (10.7) |  |  | (15.7) |  |  | (11.0) |  |  | (37.4) |
Acquisitions | 42.4 |  |  | 267.6 |  |  | — |  |  | 310.0 |
Disposition of businesses | — |  |  | (0.1) |  |  | — |  |  | (0.1) |
Acquisition adjustments | (0.4) |  |  | — |  |  | — |  |  | (0.4) |
Balance at December 31, 2021 | 681.0 |  |  | 1,114.5 |  |  | 372.2 |  |  | 2,167.7 |
Foreign currency translation | (8.4) |  |  | (11.5) |  |  | (9.3) |  |  | (29.2) |
Acquisitions | 112.9 |  |  | 391.1 |  |  | — |  |  | 504.0 |
Disposition of businesses | (5.6) |  |  | — |  |  | — |  |  | (5.6) |
Acquisition adjustments | 0.3 |  |  | 0.9 |  |  | — |  |  | 1.2 |
Balance at December 31, 2022 | $ | 780.2 |  |  | $ | 1,495.0 |  |  | $ | 362.9 |  |  | $ | 2,638.1 |
Schedule of Gross Carrying Value and Accumulated Amortization For Each Major Class of Intangible Asset | The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset at December 31, 2022 and 2021:
| At December 31, 2022 |  |  |  | At December 31, 2021
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Weighted Average Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
|  |  | (In millions) |  |  |  |  |  |  |  | (In millions) |  |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | $ | 2.9 |  |  | $ | (1.8) |  |  | $ | 1.1 |  |  | 12 |  | $ | 3.2 |  |  | $ | (2.0) |  |  | $ | 1.2 |
Trade names | 186.5 |  |  | (71.4) |  |  | 115.1 |  |  | 15 |  | 140.9 |  |  | (72.4) |  |  | 68.5 |
Customer relationships | 772.2 |  |  | (184.9) |  |  | 587.3 |  |  | 13 |  | 495.9 |  |  | (144.2) |  |  | 351.7 |
Unpatented technology | 207.1 |  |  | (57.8) |  |  | 149.3 |  |  | 12 |  | 143.8 |  |  | (58.8) |  |  | 85.0 |
Software | 4.8 |  |  | (0.7) |  |  | 4.1 |  |  | 5 |  | — |  |  | — |  |  | — |
Total amortized intangible assets | 1,173.5 |  |  | (316.6) |  |  | 856.9 |  |  |  |  | 783.8 |  |  | (277.4) |  |  | 506.4 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Banjo trade name | 62.1 |  |  | — |  |  | 62.1 |  |  |  |  | 62.1 |  |  | — |  |  | 62.1 |
Akron Brass trade name | 28.8 |  |  | — |  |  | 28.8 |  |  |  |  | 28.8 |  |  | — |  |  | 28.8 |
Total intangible assets | $ | 1,264.4 |  |  | $ | (316.6) |  |  | $ | 947.8 |  |  |  |  | $ | 874.7 |  |  | $ | (277.4) |  |  | $ | 597.3 |

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