XML 25 R15.htm IDEA: XBRL DOCUMENT v3.23.1
Goodwill and other intangible assets
3 Months Ended
Apr. 02, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and other intangible assets Goodwill and other intangible assets
The following table provides information relating to changes in the carrying amount of goodwill by reportable operating segment for the three months ended April 2, 2023:
 AmericasEMEAAsiaOEMTotal
December 31, 2022$1,731,093 $468,524 $225,103 $112,010 $2,536,730 
Currency translation adjustment1,592 7,540 1,978 — 11,110 
April 2, 2023$1,732,685 $476,064 $227,081 $112,010 $2,547,840 
The gross carrying amount of, and accumulated amortization relating to, intangible assets as of April 2, 2023 and December 31, 2022 were as follows:
 Gross Carrying AmountAccumulated Amortization
 April 2, 2023December 31, 2022April 2, 2023December 31, 2022
Customer relationships$1,330,674 $1,328,539 $(514,005)$(497,335)
In-process research and development27,403 27,075 — — 
Intellectual property1,602,097 1,599,355 (669,967)(646,643)
Distribution rights23,211 23,115 (21,378)(21,090)
Trade names565,938 564,023 (74,611)(71,128)
Non-compete agreements21,832 21,429 (21,659)(21,175)
 
$3,571,155 $3,563,536 $(1,301,620)$(1,257,371)