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Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill during the nine months ended September 30, 2021 are summarized as follows (in millions):

			North America						South America						Europe/Middle East						Asia/Pacific/Africa						Consolidated
Balance as of December 31, 2020			$	593.4					$	87.5					$	501.3					$	124.3					$	1,306.5
Acquisitions			13.0						—						1.6						—						14.6
Foreign currency translation			—						(3.9)						(24.1)						(3.8)						(31.8)
Balance as of September 30, 2021			$	606.4					$	83.6					$	478.8					$	120.5					$	1,289.3

Schedule of Finite-Lived Intangible Assets by Major Class

Changes in the carrying amount of acquired intangible assets during the nine months ended September 30, 2021 are summarized as follows (in millions):

Gross carrying amounts:			Trademarks and Tradenames						Customer Relationships						Patents and Technology						Land Use Rights						Total
Balance as of December 31, 2020			$	206.0					$	585.4					$	158.0					$	9.1					$	958.5
Acquisitions			0.7						3.2						2.6						—						6.5
Sale of business			(1.3)						(4.4)						(17.1)						—						(22.8)
Foreign currency translation			(4.1)						(8.3)						(4.6)						0.1						(16.9)
Balance as of September 30, 2021			$	201.3					$	575.9					$	138.9					$	9.2					$	925.3

Accumulated amortization:			Trademarks and Tradenames						Customer Relationships						Patents and Technology						Land Use Rights						Total
Balance as of December 31, 2020			$	95.4					$	390.3					$	103.2					$	3.4					$	592.3
Amortization expense			7.5						28.0						10.2						0.1						45.8
Sale of business			(1.3)						(4.4)						(15.2)						—						(20.9)
Foreign currency translation			(1.3)						(6.0)						(3.6)						0.1						(10.8)
Balance as of September 30, 2021			$	100.3					$	407.9					$	94.6					$	3.6					$	606.4

Schedule of Indefinite-lived Intangible Assets by Major Class

Indefinite-lived intangible assets:			Trademarks and Tradenames
Balance as of December 31, 2020			$	89.4
Foreign currency translation			(2.0)
Balance as of September 30, 2021			$	87.4

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- Definition

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

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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-Subparagraph (a)
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- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

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-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

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- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 3
-Subparagraph (b),(d)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275

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-SubTopic 30
-Section 50
-Paragraph 2
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