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Goodwill and Identifiable Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table shows changes in the carrying amount of goodwill from December 31, 2022 to June 30, 2023 by reportable segment:
|  | Performance Coatings |  | Mobility Coatings |  | Total
Balance at December 31, 2022 |  | $ | 1,422.5 |  |  | $ | 75.5 |  |  | $ | 1,498.0 |
Purchase accounting adjustments and divestitures |  | (0.4) |  |  | (0.1) |  |  | (0.5) |
Foreign currency translation |  | 28.1 |  |  | 1.0 |  |  | 29.1 |
Balance at June 30, 2023 |  | $ | 1,450.2 |  |  | $ | 76.4 |  |  | $ | 1,526.6 |
Schedule of Finite-lived and Indefinite-lived Intangible Assets by Major Class | The following tables summarize the gross carrying amounts and accumulated amortization of identifiable intangible assets by major class:
June 30, 2023 |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value |  | Weighted average amortization periods (years)
Technology |  | $ | 161.4 |  |  | $ | (79.6) |  |  | $ | 81.8 |  |  | 11.2
Trademarks—indefinite-lived |  | 260.1 |  |  | — |  |  | 260.1 |  |  | Indefinite
Trademarks—definite-lived |  | 128.3 |  |  | (55.0) |  |  | 73.3 |  |  | 14.5
Customer relationships |  | 1,112.6 |  |  | (450.7) |  |  | 661.9 |  |  | 19.3
Total |  | $ | 1,662.4 |  |  | $ | (585.3) |  |  | $ | 1,077.1 |  |  |
During the six months ended June 30, 2023, we retired fully amortized assets totaling $395.7 million consisting of technology, trademarks, and other intangible assets.
December 31, 2022 |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Book Value |  | Weighted average amortization periods (years)
Technology |  | $ | 555.2 |  |  | $ | (462.3) |  |  | $ | 92.9 |  |  | 10.3
Trademarks—indefinite-lived |  | 255.6 |  |  | — |  |  | 255.6 |  |  | Indefinite
Trademarks—definite-lived |  | 126.7 |  |  | (50.8) |  |  | 75.9 |  |  | 14.5
Customer relationships |  | 1,106.7 |  |  | (418.8) |  |  | 687.9 |  |  | 19.2
Other |  | 0.6 |  |  | (0.6) |  |  | — |  |  | 5.0
Total |  | $ | 2,044.8 |  |  | $ | (932.5) |  |  | $ | 1,112.3 |  |  |
Schedule of Finite-lived Intangible Assets, Future Amortization Expense | The estimated amortization expense related to the fair value of acquired intangible assets for the remainder of 2023 and each of the succeeding five years is:
Remainder of 2023 |  | $ | 41.9 |
2024 |  | 82.9 |
2025 |  | 82.3 |
2026 |  | 81.9 |
2027 |  | 81.1 |
2028 |  | 67.7 |

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