v3.25.4

Goodwill and Other Intangible Assets

12 Months Ended

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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- References

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X

- 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

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