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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Changes in goodwill during the years ended December 31, 2020 and 2019, were as follows:
(In thousands) | 2020 |  | 2019
Net balance at January 1 | $ | 436,679 |  |  | $ | 413,640 |
Additions (Note 13) | — |  |  | 19,917 |
Currency translation | 6,593 |  |  | 3,122 |
Net balance at December 31 | $ | 443,272 |  |  | $ | 436,679 |
At December 31, 2020, goodwill of $293.2 million and $150.1 million related to the Americas and International reporting segments, respectively. Changes in intangible assets, net of accumulated amortization, during the years ended December 31, 2020 and 2019, were as follows:
(In thousands) | 2020 |  | 2019
Net balance at January 1 | $ | 171,326 |  |  | $ | 169,515 |
Additions and measurement period adjustments (Note 13) | 121 |  |  | 11,100 |
Amortization expense | (11,570) |  |  | (11,119) |
Currency translation | 1,174 |  |  | 1,830 |
Net balance at December 31 | $ | 161,051 |  |  | $ | 171,326 |
(In millions) |  | December 31, 2020 |  | December 31, 2019
Intangible Assets: | Weighted Average Useful Life (years) | Gross Carrying Amount |  | Accumulated Amortization and Reserves |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization and Reserves |  | Net Carrying Amount
Customer relationships | 14 | $ | 59.7 |  |  | $ | (20.4) |  |  | $ | 39.3 |  |  | $ | 58.3 |  |  | $ | (15.3) |  |  | $ | 43.0 |
Distribution agreements | 20 | 66.4 |  |  | (20.7) |  |  | 45.7 |  |  | 66.0 |  |  | (17.3) |  |  | 48.7 |
Technology related assets | 8 | 30.2 |  |  | (21.3) |  |  | 8.9 |  |  | 30.0 |  |  | (18.3) |  |  | 11.7 |
Patents, trademarks and copyrights | 12 | 19.4 |  |  | (12.5) |  |  | 6.9 |  |  | 19.0 |  |  | (11.3) |  |  | 7.7 |
License agreements | 5 | 5.4 |  |  | (5.3) |  |  | 0.1 |  |  | 5.3 |  |  | (5.3) |  |  | — |
Other | 2 | 3.0 |  |  | (2.8) |  |  | 0.2 |  |  | 3.0 |  |  | (2.8) |  |  | 0.2 |
Total | 14 | $ | 184.1 |  |  | $ | (83.0) |  |  | $ | 101.1 |  |  | $ | 181.6 |  |  | $ | (70.3) |  |  | $ | 111.3 |
At December 31, 2020, the above intangible assets balance includes a trade name related to the Globe acquisition with an indefinite life totaling $60.0 million. Intangible asset amortization expense over the next five years is expected to be approximately $12 million in 2021, $10 million in 2022 and $9 million in 2023, 2024 and 2025.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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