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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill by Segment | 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 | 0.7 |  |  | (0.5) |  |  | 0.6 |  |  | 37.5 |  |  |  |  | 38.3 |
Balance at September 30, 2024 | $ | 222.6 |  |  | $ | 481.2 |  |  | $ | 579.4 |  |  | $ | 1,704.5 |  |  |  |  | $ | 2,987.7 |
Accumulated goodwill impairment loss at December 31, 2023 | $ | 23.5 |  |  | $ | 49.3 |  |  | $ | 35.8 |  |  | $ | 20.4 |  |  |  |  | $ | 129.0 |
Accumulated goodwill impairment loss at September 30, 2024 | $ | 23.5 |  |  | $ | 49.3 |  |  | $ | 35.8 |  |  | $ | 20.4 |  |  |  |  | $ | 129.0 |
_______________ (1)Purchase accounting adjustments, which were recorded during the first quarter 2024, 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):
|  |  | September 30, 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 |  | $ | 1,847.6 |  |  | $ | (267.1) |  |  | $ | 1,836.4 |  |  | $ | (185.2) |
Technology | 5 to 18 years |  | 493.2 |  |  | (104.6) |  |  | 496.7 |  |  | (78.8) |
Patents, backlog and other | 2 to 10 years |  | 140.3 |  |  | (69.6) |  |  | 138.6 |  |  | (35.6) |
Trademarks and trade names | 5 to 23 years |  | 3.3 |  |  | (1.9) |  |  | 3.3 |  |  | (1.9) |
Land use rights | 50 years |  | 10.3 |  |  | (2.1) |  |  | 10.2 |  |  | (1.9) |
Total finite-lived intangible assets |  |  | 2,494.7 |  |  | (445.3) |  |  | 2,485.2 |  |  | (303.4) |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |
Trademarks and trade names (2) |  |  | 611.0 |  |  | — |  |  | 610.1 |  |  | — |
Total intangible assets |  |  | $ | 3,105.7 |  |  | $ | (445.3) |  |  | $ | 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 September 30, 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):
|  |  | September 30, 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 |  | $ | 1,847.6 |  |  | $ | (267.1) |  |  | $ | 1,836.4 |  |  | $ | (185.2) |
Technology | 5 to 18 years |  | 493.2 |  |  | (104.6) |  |  | 496.7 |  |  | (78.8) |
Patents, backlog and other | 2 to 10 years |  | 140.3 |  |  | (69.6) |  |  | 138.6 |  |  | (35.6) |
Trademarks and trade names | 5 to 23 years |  | 3.3 |  |  | (1.9) |  |  | 3.3 |  |  | (1.9) |
Land use rights | 50 years |  | 10.3 |  |  | (2.1) |  |  | 10.2 |  |  | (1.9) |
Total finite-lived intangible assets |  |  | 2,494.7 |  |  | (445.3) |  |  | 2,485.2 |  |  | (303.4) |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |
Trademarks and trade names (2) |  |  | 611.0 |  |  | — |  |  | 610.1 |  |  | — |
Total intangible assets |  |  | $ | 3,105.7 |  |  | $ | (445.3) |  |  | $ | 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 September 30, 2024 and December 31, 2023.

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