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Goodwill and Intangible Assets | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The following table represents the changes in goodwill by segment:
| Cryo Tank Solutions |  | Heat Transfer Systems |  | Specialty Products |  | Repair, Service & Leasing |  |  |  | Consolidated
Balance at December 31, 2023 | $ | 219.3 |  |  | $ | 480.4 |  |  | $ | 567.9 |  |  | $ | 1,639.2 |  |  |  |  | $ | 2,906.8 |
Purchase accounting adjustments (1) | 2.6 |  |  | 1.3 |  |  | 10.9 |  |  | 27.8 |  |  |  |  | 42.6 |
Foreign currency translation adjustments and other | (2.2) |  |  | (1.8) |  |  | (0.3) |  |  | 3.7 |  |  |  |  | (0.6) |
Balance at March 31, 2024 | $ | 219.7 |  |  | $ | 479.9 |  |  | $ | 578.5 |  |  | $ | 1,670.7 |  |  |  |  | $ | 2,948.8 |
Accumulated goodwill impairment loss at December 31, 2023 | $ | 23.5 |  |  | $ | 49.3 |  |  | $ | 35.8 |  |  | $ | 20.4 |  |  |  |  | $ | 129.0 |
Accumulated goodwill impairment loss at March 31, 2024 | $ | 23.5 |  |  | $ | 49.3 |  |  | $ | 35.8 |  |  | $ | 20.4 |  |  |  |  | $ | 129.0 |
_______________ (1)All purchase accounting adjustments during the period related to the Howden Acquisition. See Note 13, “Business Combinations” for further information. Intangible Assets The following table displays the gross carrying amount and accumulated amortization for finite-lived intangible assets and indefinite-lived intangible assets (exclusive of goodwill) (1):
|  |  | March 31, 2024 |  | December 31, 2023
| Estimated Useful Lives |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |
Customer relationships | 4 to 18 years |  | $ | 1,813.0 |  |  | $ | (210.5) |  |  | $ | 1,836.4 |  |  | $ | (185.2) |
Technology | 5 to 18 years |  | 492.1 |  |  | (88.3) |  |  | 496.7 |  |  | (78.8) |
Patents, backlog and other | 2 to 10 years |  | 137.4 |  |  | (46.2) |  |  | 138.6 |  |  | (35.6) |
Trademarks and trade names | 5 to 23 years |  | 2.9 |  |  | (1.9) |  |  | 3.3 |  |  | (1.9) |
Land use rights | 50 years |  | 10.2 |  |  | (1.9) |  |  | 10.2 |  |  | (1.9) |
Total finite-lived intangible assets |  |  | 2,455.6 |  |  | (348.8) |  |  | 2,485.2 |  |  | (303.4) |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |
Trademarks and trade names (2) |  |  | 604.5 |  |  | — |  |  | 610.1 |  |  | — |
Total intangible assets |  |  | $ | 3,060.1 |  |  | $ | (348.8) |  |  | $ | 3,095.3 |  |  | $ | (303.4) |
_______________ (1)Amounts include the impact of foreign currency translation. Fully amortized or impaired amounts are written off. (2)Accumulated indefinite-lived intangible assets impairment loss was $16.0 at both March 31, 2024 and December 31, 2023. Amortization expense for intangible assets subject to amortization was $47.9 and $21.8 for the three months ended March 31, 2024 and 2023, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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