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Intangible Assets, net | 6 Months Ended
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Jul. 01, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets, net | 9. Intangible Assets, net Intangible assets, net, consist of the following:
| July 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 | $ | 207.4 |  |  | $ | (25.4) |  |  | $ | 182.0 |  |  | $ | 220.9 |  |  | $ | (19.3) |  |  | $ | 201.6 |
Acquired technologies | 179.8 |  |  | (35.5) |  |  | 144.3 |  |  | 185.3 |  |  | (25.2) |  |  | 160.1 |
Licenses | 38.8 |  |  | (5.9) |  |  | 32.9 |  |  | 39.0 |  |  | (4.4) |  |  | 34.6 |
Patents | 37.0 |  |  | (14.2) |  |  | 22.8 |  |  | 35.2 |  |  | (13.9) |  |  | 21.3 |
Capitalized software development costs | 30.4 |  |  | (5.3) |  |  | 25.1 |  |  | 5.5 |  |  | (2.9) |  |  | 2.6 |
Trademarks | 20.0 |  |  | (6.6) |  |  | 13.4 |  |  | 39.3 |  |  | (5.8) |  |  | 33.5 |
Licenses-related party | 7.5 |  |  | (6.5) |  |  | 1.0 |  |  | 7.5 |  |  | (6.3) |  |  | 1.2 |
Non-compete agreements | 6.3 |  |  | (1.8) |  |  | 4.5 |  |  | 6.3 |  |  | (1.1) |  |  | 5.2 |
Other | 1.6 |  |  | (1.1) |  |  | 0.5 |  |  | 1.6 |  |  | (1.1) |  |  | 0.5 |
Total intangible assets subject to amortization, net | $ | 528.8 |  |  | $ | (102.3) |  |  | $ | 426.5 |  |  | $ | 540.6 |  |  | $ | (80.0) |  |  | $ | 460.6 |
Intangible assets not subject to amortization: |  |  |  |  |  |  |  |  |  |
Trademarks |  |  |  |  | 239.2 |  |  |  |  |  |  | 262.0 |
Intangible assets, net |  |  |  |  | $ | 665.7 |  |  |  |  |  |  | $ | 722.6 |
Finite lived intangible assets have a weighted-average amortization period ranging from twelve years to fourteen years. Total amortization expense for the three months ended July 1, 2023 and July 2, 2022 was $14.4 million and $58.9 million, respectively. Total amortization expense for the six months ended July 1, 2023 and July 2, 2022 was $28.7 million and $61.4 million, respectively. Total renewal costs for patents and trademarks for the three months ended July 1, 2023 and July 2, 2022 were $0.2 million and $0.3 million, respectively. Total renewal costs for patents and trademarks for the six months ended July 1, 2023 and July 2, 2022 were $0.5 million and $0.7 million, respectively. As of July 1, 2023, the weighted-average number of years until the next renewal was two years for patents and six years for trademarks. Estimated amortization expense for each of the next fiscal years is as follows:
Fiscal year | Amount (in millions)
2023 (balance of year) | $ | 24.9 |
2024 | 47.0 |
2025 | 45.9 |
2026 | 44.3 |
2027 | 43.6 |
Thereafter | 220.8 |
Total | $ | 426.5 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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