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Goodwill and Intangible Assets | 3 Months Ended
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Mar. 31, 2024
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, 2023 |  | $ | 582.6 |
Current period additions/adjustments |  |  | 183.1 |
Foreign currency effect |  |  | (13.8 | )
Balance at March 31, 2024 |  | $ | 751.9 |
Intangible Assets The following is a summary of intangible assets (in millions):
|  | March 31, 2024 |  |  | December 31, 2023 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Existing technology and related patents |  | $ | 481.3 |  |  | $ | (252.7 | ) |  | $ | 228.6 |  |  | $ | 428.3 |  |  | $ | (250.4 | ) |  | $ | 177.9 |
Customer relationships |  |  | 282.5 |  |  |  | (97.7 | ) |  | $ | 184.8 |  |  |  | 227.4 |  |  |  | (93.5 | ) |  |  | 133.9 |
Trade names |  |  | 34.8 |  |  |  | (11.6 | ) |  | $ | 23.2 |  |  |  | 28.4 |  |  |  | (10.1 | ) |  |  | 18.3 |
Other |  |  | 15.2 |  |  |  | (2.6 | ) |  | $ | 12.6 |  |  |  | 2.2 |  |  |  | (1.8 | ) |  |  | 0.4 |
Intangible assets |  | $ | 813.8 |  |  | $ | (364.6 | ) |  | $ | 449.2 |  |  | $ | 686.3 |  |  | $ | (355.8 | ) |  | $ | 330.5 |
For the three months ended March 31, 2024, and 2023, the Company recorded amortization expense of $16.2 million and $10.7 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 three months ended March 31, 2024 or 2023. See Note 14, Other Charges, Net for discussion related to impairment of other long-lived assets in connection with the BCA restructuring plan.

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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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