XML 40 R31.htm IDEA: XBRL DOCUMENT v3.23.1
Goodwill and Other Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Changes in the carrying amount of goodwill during the three months ended March 31, 2023 are summarized as follows (in millions):
North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
Balance as of December 31, 2022$667.3 $86.0 $444.3 $113.2 $1,310.8 
Foreign currency translation— 3.3 7.4 1.0 11.7 
Balance as of March 31, 2023$667.3 $89.3 $451.7 $114.2 $1,322.5 
Schedule of Finite-Lived Intangible Assets by Major Class Changes in the carrying amount of acquired intangible assets during the three months ended March 31, 2023 are summarized as follows (in millions):
Gross carrying amounts:Trademarks and TradenamesCustomer RelationshipsPatents and TechnologyLand Use RightsTotal
Balance as of December 31, 2022$191.8 $574.5 $150.6 $6.5 $923.4 
Foreign currency translation1.3 3.3 1.4 — 6.0 
Balance as of March 31, 2023$193.1 $577.8 $152.0 $6.5 $929.4 
Accumulated amortization:Trademarks and TradenamesCustomer RelationshipsPatents and TechnologyLand Use RightsTotal
Balance as of December 31, 2022$103.3 $440.8 $101.5 $1.6 $647.2 
Amortization expense2.5 9.6 2.7 — 14.8 
Foreign currency translation0.6 3.0 1.0 — 4.6 
Balance as of March 31, 2023$106.4 $453.4 $105.2 $1.6 $666.6 
Schedule of Indefinite-lived Intangible Assets by Major Class
Indefinite-lived intangible assets:Trademarks and
Tradenames
Balance as of December 31, 2022$84.8 
Foreign currency translation0.6 
Balance as of March 31, 2023$85.4