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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for 2024 and 2023, by reportable business segment, were as follows:

FMTHSTFSDPTotal
Goodwill$800.9 $1,644.8 $393.0 $2,838.7 
Accumulated goodwill impairment losses(20.7)(149.8)(30.1)(200.6)
Balance at January 1, 2023780.2 1,495.0 362.9 2,638.1 
Foreign currency translation6.6 38.6 5.7 50.9 
Acquisitions— 156.7 — 156.7 
Measurement period adjustments(1.8)5.4 — 3.6 
Divestitures— (11.0)— (11.0)
Balance at December 31, 2023785.0 1,684.7 368.6 2,838.3 
Foreign currency translation(8.9)(43.4)(8.1)(60.4)
Acquisitions— 483.6 — 483.6 
Measurement period adjustments— 1.8 — 1.8 
Divestitures(11.6)— — (11.6)
Balance at December 31, 2024$764.5 $2,126.7 $360.5 $3,251.7 
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, 2024 and 2023:

 At December 31, 2024At December 31, 2023
 Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Amortized intangible assets:
Patents$2.5 $(2.0)$0.5 $2.7 $(2.0)$0.7 
Trade names201.4 (60.0)141.4 171.9 (54.3)117.6 
Customer relationships1,078.8 (278.7)800.1 860.7 (228.7)632.0 
Unpatented technology325.4 (85.1)240.3 233.5 (66.3)167.2 
Software 15.2 (3.6)11.6 5.3 (1.9)3.4 
Total amortized intangible assets1,623.3 (429.4)1,193.9 1,274.1 (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$1,714.2 $(429.4)$1,284.8 $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 December 31, 2024, expected amortization expense for the years 2025 through 2029 is as follows:
Estimated Amortization
2025$124.5 
2026122.9 
2027119.3 
2028116.7 
2029107.4