v3.25.4

Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | NOTE 7. GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill The changes in the carrying amount of goodwill by reportable segment are as follows:
($ in millions) |  |  | Mobility Technologies |  | Repair Solutions |  | Environmental & Fueling Solutions |  |  |  | Total
Balance, December 31, 2023 |  |  | $ | 1,204.0 |  |  | $ | 15.2 |  |  | $ | 523.2 |  |  |  |  | $ | 1,742.4 |
Foreign currency translation and other |  |  | (7.4) |  |  | — |  |  | (9.0) |  |  |  |  | (16.4) |
Balance, December 31, 2024 |  |  | 1,196.6 |  |  | 15.2 |  |  | 514.2 |  |  |  |  | 1,726.0 |
Acquisitions |  |  | 7.0 |  |  | — |  |  | — |  |  |  |  | 7.0 |
Divestitures |  |  | (20.0) |  |  | — |  |  | — |  |  |  |  | (20.0) |
Foreign currency translation |  |  | 17.2 |  |  | — |  |  | 27.4 |  |  |  |  | 44.6 |
Balance, December 31, 2025 |  |  | $ | 1,200.8 |  |  | $ | 15.2 |  |  | $ | 541.6 |  |  |  |  | $ | 1,757.6 |
Accumulated impairment charges, within the Mobility Technologies reportable segment, were $85.3 million as of December 31, 2025 and 2024. Intangible Assets Finite-lived intangible assets are generally amortized on a straight-line basis over the shorter of their legal or estimated useful lives. The following summarizes the gross carrying value and accumulated amortization for each major category of intangible asset as of December 31:
| 2025 |  | 2024
($ in millions) | Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Gross Amount |  | Accumulated Amortization |  | Net Amount
Finite-lived intangibles: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 477.0 |  |  | $ | (294.7) |  |  | $ | 182.3 |  |  | $ | 473.0 |  |  | $ | (253.0) |  |  | $ | 220.0 |
Patents and technology | 292.0 |  |  | (185.6) |  |  | 106.4 |  |  | 295.6 |  |  | (156.8) |  |  | 138.8 |
Trademarks and trade names | 59.7 |  |  | (25.3) |  |  | 34.4 |  |  | 57.0 |  |  | (20.0) |  |  | 37.0 |
Total finite-lived intangibles | 828.7 |  |  | (505.6) |  |  | 323.1 |  |  | 825.6 |  |  | (429.8) |  |  | 395.8 |
Indefinite-lived intangibles: |  |  |  |  |  |  |  |  |  |  |
Trademarks and trade names | 89.3 |  |  | — |  |  | 89.3 |  |  | 90.7 |  |  | — |  |  | 90.7 |
Total intangibles | $ | 918.0 |  |  | $ | (505.6) |  |  | $ | 412.4 |  |  | $ | 916.3 |  |  | $ | (429.8) |  |  | $ | 486.5 |
Based on the intangible assets recorded as of December 31, 2025, amortization expense is estimated to be as follows for the next five years and thereafter:
($ in millions) |
2026 | $ | 64.9 |
2027 | 54.5 |
2028 | 45.4 |
2029 | 44.4 |
2030 | 37.7 |
Thereafter | 76.2 |
Total | $ | 323.1 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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