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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Segment
The following table represents the changes in goodwill by segment:
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingConsolidated
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 
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(1)All purchase accounting adjustments during the period related to the Howden Acquisition. See Note 13, “Business Combinations” for further information.
Schedule of Finite-Lived 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, 2024December 31, 2023
 Estimated Useful LivesGross
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 rights50 years10.2 (1.9)10.2 (1.9)
Total finite-lived intangible assets2,455.6 (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)
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(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.
Schedule of Indefinite-Lived 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, 2024December 31, 2023
 Estimated Useful LivesGross
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 rights50 years10.2 (1.9)10.2 (1.9)
Total finite-lived intangible assets2,455.6 (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.