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Goodwill and Other Intangible Assets
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
    Changes in the carrying amount of goodwill during the six months ended June 30, 2025 are summarized as follows (in millions):

North AmericaSouth AmericaEurope/Middle EastAsia/Pacific/AfricaConsolidated
Balance as of December 31, 2024$742.8 $94.9 $962.3 $20.4 $1,820.4 
Foreign currency translation1.6 7.8 68.9 — 78.3 
Balance as of June 30, 2025$744.4 $102.7 $1,031.2 $20.4 $1,898.7 

    Goodwill is tested for impairment on an annual basis and more often if indications of impairment exist. The Company conducts its annual impairment analyses as of October 1st each year.
    Changes in the carrying amount of acquired intangible assets during the six months ended June 30, 2025 are summarized as follows (in millions):

Gross carrying amounts:Trademarks and Trade NamesCustomer RelationshipsPatents and Technology
Other
Total
Balance as of December 31, 2024$75.1 $179.1 $604.7 $50.9 $909.8 
Impairment charge
(1.6)— (0.6)— (2.2)
Foreign currency translation1.3 12.5 16.8 — 30.6 
Balance as of June 30, 2025$74.8 $191.6 $620.9 $50.9 $938.2 

Accumulated amortization:Trademarks and Trade NamesCustomer RelationshipsPatents and Technology
Other
Total
Balance as of December 31, 2024$45.6 $109.6 $95.0 $14.9 $265.1 
Amortization expense2.1 3.5 22.8 2.6 31.0 
Impairment charge
(1.2)— (0.4)— (1.6)
Foreign currency translation1.1 10.6 6.9 — 18.6 
Balance as of June 30, 2025$47.6 $123.7 $124.3 $17.5 $313.1 

Indefinite-lived intangible assets:Trademarks and Trade Names
Balance as of December 31, 2024$83.8 
Foreign currency translation4.0 
Balance as of June 30, 2025$87.8 

    The Company amortizes certain acquired identifiable intangible assets primarily on a straight-line basis over their estimated useful lives, which range from four to 50 years. External-use software, net, developed by the Company and marketed externally, was approximately $0.4 million as of December 31, 2024 and classified within “Intangible assets, net.”