XML 36 R24.htm IDEA: XBRL DOCUMENT v3.25.1
GOODWILL (Tables)
 3 Months Ended
Mar. 31, 2025
Goodwill [Line Items]  
Schedule of Goodwill [Table Text Block]
EES
CSSUBSTotal
(In millions)
Beginning balance, January 1, 2025
$799.3 $1,347.0 $1,133.8 $3,280.1 
Adjustments to goodwill for acquisitions19.1 0.5 — 19.6 
Foreign currency exchange rate changes(0.2)0.3 — 0.1 
Ending balance, March 31, 2025
$818.2 $1,347.8 $1,133.8 $3,299.8 
Schedule of Finite-Lived Intangible Assets
The components of intangible assets are as follows:
As of
March 31, 2025December 31, 2024
Life (in years)
Gross Carrying Amount (1)
Accumulated Amortization (1)
Net Carrying Amount
Gross Carrying Amount (1)
Accumulated Amortization (1)
Net Carrying Amount
Intangible assets:(In millions)
TrademarksIndefinite$789.7 $— $789.7 $789.7 $— $789.7 
Customer relationships
9 - 20
1,508.3 (497.7)1,010.6 1,502.4 (476.4)1,026.0 
Distribution agreements
8 - 19
39.8 (28.5)11.3 29.2 (27.7)1.5 
Trademarks
5 and 12
15.5 (12.3)3.2 15.5 (11.7)3.8 
Software
7
16.0 (1.7)14.3 16.0 (1.1)14.9 
$2,369.3 $(540.2)$1,829.1 $2,352.8 $(516.9)$1,835.9 
(1)    Excludes the original cost and related accumulated amortization of fully-amortized intangible assets.
Schedule of Finite-Lived Intangible Assets, Future 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)
Remaining 2025$67.8 
202685.4 
202782.6 
202880.9 
202979.9 
Thereafter642.8 
Total
$1,039.4