XML 85 R37.htm IDEA: XBRL DOCUMENT v3.22.4
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill
The following table summarizes the carrying amount of goodwill and changes in the carrying amount of goodwill, by segment:
(in millions)Environmental
Solutions
Safety & Security
Systems
Total
Balance at December 31, 2020$279.9 $114.3 $394.2 
Acquisitions40.3 — 40.3 
Translation adjustments— (2.3)(2.3)
Balance at December 31, 2021320.2 112.0 432.2 
Acquisitions, including measurement period adjustments24.0 — 24.0 
Translation adjustments(0.4)(2.4)(2.8)
Balance at December 31, 2022$343.8 $109.6 $453.4 
Schedule of Finite-Lived Intangible Assets
The following table summarizes the gross carrying amount and accumulated amortization of intangible assets for each major class of intangible assets:
 20222021
(in millions)Gross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
Definite-lived intangible assets:
Customer relationships (a)
$153.7 $(52.0)$101.7 $146.2 $(39.8)$106.4 
Other (a)
5.7 (3.4)2.3 5.3 (2.9)2.4 
Total definite-lived intangible assets159.4 (55.4)104.0 151.5 (42.7)108.8 
Indefinite-lived intangible assets:
Trade names99.9 — 99.9 96.9 — 96.9 
Other4.3 — 4.3 — — — 
Total indefinite-lived intangible assets104.2 — 104.2 96.9 — 96.9 
Total intangible assets$263.6 $(55.4)$208.2 $248.4 $(42.7)$205.7 
(a)    Average useful life of customer relationships and other definite-lived intangible assets are estimated to be approximately 12 years and 7 years, respectively. The average useful life across all definite-lived intangible assets is estimated to be approximately 12 years.
Schedule of Indefinite-Lived Intangible Assets
The following table summarizes the gross carrying amount and accumulated amortization of intangible assets for each major class of intangible assets:
 20222021
(in millions)Gross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
Definite-lived intangible assets:
Customer relationships (a)
$153.7 $(52.0)$101.7 $146.2 $(39.8)$106.4 
Other (a)
5.7 (3.4)2.3 5.3 (2.9)2.4 
Total definite-lived intangible assets159.4 (55.4)104.0 151.5 (42.7)108.8 
Indefinite-lived intangible assets:
Trade names99.9 — 99.9 96.9 — 96.9 
Other4.3 — 4.3 — — — 
Total indefinite-lived intangible assets104.2 — 104.2 96.9 — 96.9 
Total intangible assets$263.6 $(55.4)$208.2 $248.4 $(42.7)$205.7 
(a)    Average useful life of customer relationships and other definite-lived intangible assets are estimated to be approximately 12 years and 7 years, respectively. The average useful life across all definite-lived intangible assets is estimated to be approximately 12 years.