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Goodwill and Identifiable Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Change in Net Carrying Amount of Goodwill by Segment

The change in the net carrying amount of goodwill by segment was as follows:


(In millions)		Water Innovations				Outdoors & Security				Cabinets				Total Goodwill
Goodwill at December 31, 2021(a)		$	814.1			$	724.8			$	926.2			$	2,465.1
Year-to-date translation adjustments			0.9				0.4				0.8				2.1
Acquisition-related adjustments			—				20.3				—				20.3
Goodwill at March 31, 2022(a)		$	815.0			$	745.5			$	927.0			$	2,487.5

(a) Net of accumulated impairment losses of $399.5 million in the Outdoors & Security segment.

Gross Carrying Value and Accumulated Amortization by Class of Identifiable Intangible Assets

The gross carrying value and accumulated amortization by class of identifiable intangible assets as of March 31, 2022 and December 31, 2021 were as follows:


(In millions)		As of March 31, 2022												As of December 31, 2021
		Gross Carrying Amounts				Accumulated Amortization				Net Book Value				Gross Carrying Amounts				Accumulated Amortization				Net Book Value
Indefinite-lived tradenames		$	712.4			$	—			$	712.4			$	711.1			$	—			$	711.1
Amortizable intangible assets
Tradenames			40.1				(16.1	)			24.0				36.4				(15.5	)			20.9
Customer and contractual relationships			983.9				(401.9	)			582.0				975.7				(388.2	)			587.5
Patents/proprietary technology			135.7				(71.6	)			64.1				133.1				(68.8	)			64.3
Total			1,159.7				(489.6	)			670.1				1,145.2				(472.5	)			672.7
Total identifiable intangibles		$	1,872.1			$	(489.6	)		$	1,382.5			$	1,856.3			$	(472.5	)		$	1,383.8