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Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill

The changes in the carrying amount of goodwill and accumulated impairment loss during the six months ended June 30, 2021 and year ended December 31, 2020 were as follows:

		Six Months Ended June 30, 2021												Twelve Months Ended December 31, 2020
		Gross Carrying Amount				Accumulated Impairment Loss				Net				Gross Carrying Amount				Accumulated Impairment Loss				Net
Beginning balance at January 1		$	1,211.8			$	(145.4	)		$	1,066.4			$	1,202.8			$	(144.3	)		$	1,058.5
Impairment of goodwill(1)			—				—				—				—				(1.1	)			(1.1	)
Foreign currency translation			(2.7	)			—				(2.7	)			9.0				—				9.0
Ending balance at June 30, 2021 and December 31, 2020		$	1,209.1			$	(145.4	)		$	1,063.7			$	1,211.8			$	(145.4	)		$	1,066.4

⁽¹⁾ During the twelve months ended December 31, 2020, the Company recorded $1.1 of goodwill impairment charges related to the pending closure of a facility in Europe.

Intangible Assets

Intangible Assets

Components of the Company’s intangible assets are comprised of the following:

As of June 30, 2021:		Gross				Accumulated Impairment Charges				Accumulated Amortization				Foreign Currency Translation				Net
Completed technology		$	446.4			$	(0.1	)		$	(222.8	)		$	(0.1	)		$	223.4
Customer relationships			308.2				(1.4	)			(115.2	)			0.8				192.4
Patents, trademarks, trade names and other			120.9				(0.1	)			(50.3	)			—				70.5
		$	875.5			$	(1.6	)		$	(388.3	)		$	0.7			$	486.3

As of December 31, 2020:		Gross				Accumulated Impairment Charges				Accumulated Amortization				Foreign Currency Translation				Net
Completed technology		$	446.4			$	(0.1	)		$	(209.8	)		$	(0.1	)		$	236.4
Customer relationships			308.2				(1.4	)			(104.8	)			1.7				203.7
Patents, trademarks, trade names and other			120.9				—				(48.6	)			(0.2	)			72.1
		$	875.5			$	(1.5	)		$	(363.2	)		$	1.4			$	512.2

Estimated Net Amortization Expense

Aggregate net amortization expense related to acquired intangible assets for future years is as follows:

Year		Amount
2021 (remaining)		$	23.0
2022			45.5
2023			45.1
2024			44.2
2025			43.3
2026			39.7
Thereafter			189.6

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Publisher FASB
-Name Accounting Standards Codification
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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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