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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule in the Changes of the Carrying Amount of Goodwill, by Reportable Segment and Other Operating Segments | The changes in the carrying amount of goodwill, for the year ended December 31, 2024, were as follows:
| December 31, 2023 |  | Goodwill Resulting from Business Combinations (1) |  |  |  | Impairments |  | Foreign Currency Translation |  | December 31, 2024
HVAC reportable segment |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | $ | 777.8 |  |  | $ | 148.0 |  |  |  |  | $ | — |  |  | $ | (18.5) |  |  | $ | 907.3 |
Accumulated impairments | (331.9) |  |  | — |  |  |  |  | — |  |  | 5.3 |  |  | (326.6) |
Goodwill | 445.9 |  |  | 148.0 |  |  |  |  | — |  |  | (13.2) |  |  | 580.7 |
Detection and Measurement reportable segment |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 432.6 |  |  | — |  |  |  |  | — |  |  | (6.0) |  |  | 426.6 |
Accumulated impairments | (173.7) |  |  | — |  |  |  |  | — |  |  | 0.9 |  |  | (172.8) |
Goodwill | 258.9 |  |  | — |  |  |  |  | — |  |  | (5.1) |  |  | 253.8 |
Total |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 1,210.4 |  |  | 148.0 |  |  |  |  | — |  |  | (24.5) |  |  | 1,333.9 |
Accumulated impairments | (505.6) |  |  | — |  |  |  |  | — |  |  | 6.2 |  |  | (499.4) |
Goodwill | $ | 704.8 |  |  | $ | 148.0 |  |  |  |  | $ | — |  |  | $ | (18.3) |  |  | $ | 834.5 |
___________________________________________________________________ (1) Reflects (i) goodwill acquired with the Ingénia acquisition of $142.4 and (ii) an increase in ASPEQ’s and TAMCO’s goodwill of $3.9 and $1.7, respectively, resulting from revisions to the valuation of certain assets and liabilities. The changes in the carrying amount of goodwill, for the year ended December 31, 2023, were as follows:
| December 31, 2022 |  | Goodwill Resulting from Business Combinations (1) |  | Impairments |  |  |  | Foreign Currency Translation |  | December 31, 2023
HVAC reportable segment |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | $ | 529.5 |  |  | $ | 242.4 |  |  | $ | — |  |  |  |  | $ | 5.9 |  |  | $ | 777.8 |
Accumulated impairments | (328.2) |  |  | — |  |  | — |  |  |  |  | (3.7) |  |  | (331.9) |
Goodwill | 201.3 |  |  | 242.4 |  |  | — |  |  |  |  | 2.2 |  |  | 445.9 |
Detection and Measurement reportable segment |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 425.2 |  |  | 0.8 |  |  | — |  |  |  |  | 6.6 |  |  | 432.6 |
Accumulated impairments | (171.2) |  |  | — |  |  | — |  |  |  |  | (2.5) |  |  | (173.7) |
Goodwill | 254.0 |  |  | 0.8 |  |  | — |  |  |  |  | 4.1 |  |  | 258.9 |
Total |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 954.7 |  |  | 243.2 |  |  | — |  |  |  |  | 12.5 |  |  | 1,210.4 |
Accumulated impairments | (499.4) |  |  | — |  |  | — |  |  |  |  | (6.2) |  |  | (505.6) |
Goodwill | $ | 455.3 |  |  | $ | 243.2 |  |  | $ | — |  |  |  |  | $ | 6.3 |  |  | $ | 704.8 |
___________________________________________________________________ (1) Reflects (i) goodwill acquired with the ASPEQ and TAMCO acquisitions of $191.1 and $51.3, respectively, and (ii) an increase in ITL’s goodwill of $0.8 resulting from revisions to the valuation of certain assets and liabilities.
Schedule of Identifiable Intangible Assets | Identifiable intangible assets were as follows:
| December 31, 2024 |  | December 31, 2023
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value
Intangible assets with determinable lives:(1) |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 421.1 |  |  | $ | (103.3) |  |  | $ | 317.8 |  |  | $ | 403.2 |  |  | $ | (68.8) |  |  | $ | 334.4 |
Technology | 181.7 |  |  | (41.3) |  |  | 140.4 |  |  | 139.5 |  |  | (27.8) |  |  | 111.7 |
Patents | 4.5 |  |  | (4.5) |  |  | — |  |  | 4.5 |  |  | (4.5) |  |  | — |
Other | 71.0 |  |  | (45.7) |  |  | 25.3 |  |  | 45.4 |  |  | (32.0) |  |  | 13.4 |
| 678.3 |  |  | (194.8) |  |  | 483.5 |  |  | 592.6 |  |  | (133.1) |  |  | 459.5 |
Trademarks with indefinite lives | 219.5 |  |  | — |  |  | 219.5 |  |  | 221.3 |  |  | — |  |  | 221.3 |
Total | $ | 897.8 |  |  | $ | (194.8) |  |  | $ | 703.0 |  |  | $ | 813.9 |  |  | $ | (133.1) |  |  | $ | 680.8 |
___________________________________________________________________ (1)The gross carrying value of identifiable intangible assets acquired with the Ingénia acquisition consist of technology of $46.7, customer relationships of $23.5, definite-lived trademarks of $13.9, and backlog of $13.8.

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