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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill

Goodwill and changes therein were as follows:

 

 

 

(Dollars in millions)

 

Balance at December 31, 2019

 

$

1,973.5

 

Acquisition

 

 

42.7

 

Translation

 

 

15.6

 

Balance at December 31, 2020

 

 

2,031.8

 

Acquisition

 

 

275.7

 

Translation

 

 

4.0

 

Balance at March 31, 2021

 

$

2,311.5

 

Schedule of Other Intangible Assets

Other intangible assets consisted of the following:

 

 

 

March 31, 2021

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

 

 

Estimated Life

Range (Years)

 

 

(Dollars in millions)

 

 

 

Customer lists and relationships

 

$

296.0

 

 

$

(213.4

)

 

$

82.6

 

 

5-15

Trade name

 

 

184.8

 

 

 

(2.7

)

 

 

182.1

 

 

3-5 and Indefinite

Technology

 

 

204.1

 

 

 

(157.6

)

 

 

46.5

 

 

3-4

Total other intangible assets

 

$

684.9

 

 

$

(373.7

)

 

$

311.2

 

 

 

 

 

 

December 31, 2020

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

 

 

Estimated Life

Range (Years)

 

 

(Dollars in millions)

 

 

 

Customer lists and relationships

 

$

229.0

 

 

$

(212.1

)

 

$

16.9

 

 

5-15

Trade name

 

 

177.7

 

 

 

(2.5

)

 

 

175.2

 

 

3-5 and Indefinite

Technology

 

 

159.5

 

 

 

(156.6

)

 

 

2.9

 

 

3-4

Total other intangible assets

 

$

566.2

 

 

$

(371.2

)

 

$

195.0