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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table sets forth the changes in the carrying value of goodwill by reportable segment for the periods presented:
 
EES
CSSUBSTotal
(In millions)
Balance as of December 31, 2022
$825.5 $1,208.9 $1,206.5 $3,240.9 
Adjustments to goodwill for acquisitions
— 0.9 — 0.9 
Foreign currency exchange rate changes12.6 1.8 6.1 20.5 
Balance as of December 31, 2023
$838.1 $1,211.6 $1,212.6 $3,262.3 
Adjustments to goodwill for acquisitions
4.7 147.2 — 151.9 
Adjustment to goodwill for divestiture
— — (58.1)(58.1)
Foreign currency exchange rate changes(43.5)(11.8)(20.7)(76.0)
Balance as of December 31, 2024
$799.3 $1,347.0 $1,133.8 $3,280.1 
Schedule of Intangible Assets by Major Class
The components of intangible assets are as follows:
 December 31, 2024December 31, 2023
Life (in years)
Gross Carrying
Amount (1)
Accumulated
Amortization (1)
Net
Carrying
Amount
Gross Carrying
Amount (1)
Accumulated
Amortization (1)
Net
Carrying
Amount
 (In millions)
Intangible assets:      
TrademarksIndefinite$789.7 $— $789.7 $793.0 $— $793.0 
Customer relationships
10 - 20
1,502.4 (476.4)1,026.0 1,519.9 (464.4)1,055.5 
Distribution agreements
15 and 19
29.2 (27.7)1.5 29.2 (26.0)3.2 
Trademarks
5 and 12
15.5 (11.7)3.8 15.5 (9.6)5.9 
Software
7
16.0 (1.1)14.9 — — — 
  $2,352.8 $(516.9)$1,835.9 $2,357.6 $(500.0)$1,857.6 
(1)Excludes the original cost and related accumulated amortization of fully-amortized intangible assets.
Schedule of Expected Amortization Expense
The following table sets forth the remaining estimated amortization expense for intangible assets for the next five years and thereafter:
For the year ending December 31,(In millions)
2025$88.7 
202683.5 
202780.6 
202879.0 
202977.9 
Thereafter636.5 
Total
$1,046.2