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Intangible Assets, net (Tables)

3 Months Ended

Apr. 01, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

Intangible assets, net, consist of the following:


			April 1, 2023																		December 31, 2022
(in millions)			Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Intangible assets subject to amortization:
Customer relationships			$	213.3					$	(22.3)					$	191.0					$	220.9					$	(19.3)					$	201.6
Acquired technologies			177.0						(30.2)						146.8						185.3						(25.2)						160.1
Patents			36.1						(13.9)						22.2						35.2						(13.9)						21.3
Licenses			37.9						(5.1)						32.8						39.0						(4.4)						34.6
Trademarks			39.4						(7.4)						32.0						39.3						(5.8)						33.5
Licenses-related party			7.5						(6.4)						1.1						7.5						(6.3)						1.2
Non-compete agreements			6.0						(1.4)						4.6						6.3						(1.1)						5.2
Capitalized software development costs			9.6						(3.0)						6.6						5.5						(2.9)						2.6
Other			1.5						(1.1)						0.4						1.6						(1.1)						0.5
Total intangible assets subject to amortization, net			$	528.3					$	(90.8)					$	437.5					$	540.6					$	(80.0)					$	460.6
Intangible assets not subject to amortization:
Trademarks															252.3																		262.0
Intangible assets, net															$	689.8																	$	722.6

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated amortization expense for each of the next fiscal years is as follows:


Fiscal year			Amount (in millions)
2023 (balance of year)			$	35.8
2024			46.5
2025			45.5
2026			43.9
2027			43.2
Thereafter			222.6
Total			$	437.5