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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the three months ended March 31, 2024, by reportable business segment, were as follows:

FMTHSTFSDPIDEX
Goodwill$805.7 $1,834.5 $398.7 $3,038.9 
   Accumulated goodwill impairment losses(20.7)(149.8)(30.1)(200.6)
Balance at January 1, 2024785.0 1,684.7 368.6 2,838.3 
Foreign currency translation(4.5)(27.7)(3.6)(35.8)
Measurement period adjustments— 0.5 — 0.5 
Balance at March 31, 2024$780.5 $1,657.5 $365.0 $2,803.0 
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 March 31, 2024 and December 31, 2023:

 At March 31, 2024At December 31, 2023
 Gross
Carrying
Amount
Accumulated
Amortization
NetWeighted
Average
Life
Gross
Carrying
Amount
Accumulated
Amortization
Net
Amortized intangible assets:
Patents$2.8 $(2.1)$0.7 12$2.7 $(2.0)$0.7 
Trade names169.3 (56.5)112.8 15171.9 (54.3)117.6 
Customer relationships841.9 (239.1)602.8 13860.7 (228.7)632.0 
Unpatented technology228.8 (69.8)159.0 12233.5 (66.3)167.2 
Software4.9 (2.0)2.9 55.3 (1.9)3.4 
Total amortized intangible assets1,247.7 (369.5)878.2 131,274.1 (353.2)920.9 
Indefinite-lived intangible assets:
Banjo trade name62.1 — 62.1 62.1 — 62.1 
Akron Brass trade name28.8 — 28.8 28.8 — 28.8 
Total intangible assets$1,338.6 $(369.5)$969.1 $1,365.0 $(353.2)$1,011.8 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense Based on the intangible asset balances as of March 31, 2024, expected amortization expense for the remaining nine months of 2024 and for the years 2025 through 2028 is as follows:
Estimated Amortization
Remainder of 2024
$72.5 
202595.3 
202693.7 
202790.4 
202887.3