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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 7. Goodwill and Intangible Assets Goodwill The following table sets forth the changes in the carrying amount of goodwill (in millions):
Balance at December 31, 2022 |  | $ | 457.6 |
Current period additions/adjustments |  |  | 92.4 |
Foreign currency effect |  |  | 7.9 |
Balance at June 30, 2023 |  | $ | 557.9 |
Intangible Assets The following is a summary of intangible assets (in millions):
|  | June 30, 2023 |  |  | December 31, 2022 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Existing technology and related patents |  | $ | 380.3 |  |  | $ | (232.8 | ) |  | $ | 147.5 |  |  | $ | 354.7 |  |  | $ | (219.0 | ) |  | $ | 135.7 |
Customer relationships |  |  | 216.0 |  |  |  | (82.4 | ) |  |  | 133.6 |  |  |  | 192.3 |  |  |  | (72.1 | ) |  |  | 120.2 |
Trade names |  |  | 27.1 |  |  |  | (8.4 | ) |  |  | 18.7 |  |  |  | 22.3 |  |  |  | (7.4 | ) |  |  | 14.9 |
Other |  |  | 2.1 |  |  |  | (1.5 | ) |  |  | 0.6 |  |  |  | 1.0 |  |  |  | (0.9 | ) |  |  | 0.1 |
Intangible assets |  | $ | 625.5 |  |  | $ | (325.1 | ) |  | $ | 300.4 |  |  | $ | 570.3 |  |  | $ | (299.4 | ) |  | $ | 270.9 |
For the three months ended June 30, 2023 and 2022, the Company recorded amortization expense of $11.2 million and $9.4 million, respectively, related to intangible assets subject to amortization. For the six months ended June 30, 2023 and 2022, the Company recorded amortization expense of $21.9 million and $18.6 million, respectively, related to intangible assets subject to amortization. On a quarterly basis, the Company reviews its goodwill and intangible assets to determine if there have been any triggering events that could indicate an impairment. There were no events noted for the six months ended June 30, 2023 or 2022.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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