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Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Net Carrying Value of Goodwill by Reportable Segment

The changes in the net carrying value of goodwill by reportable segment for the six months ended June 30, 2023, are as follows:

			Sealing Technologies						Advanced Surface Technologies						Total
			(in millions)
Goodwill as of December 31, 2022			$	270.8					$	593.0					$	863.8
Impairment			—						(60.8)						(60.8)
Foreign currency translation			4.9						—						4.9
Goodwill as of June 30, 2023			$	275.7					$	532.2					$	807.9

Schedule of Finite-Lived Intangible Assets

Identifiable intangible assets are as follows:

			June 30, 2023												December 31, 2022
			Gross Carrying Amount						Accumulated Amortization						Gross Carrying Amount						Accumulated Amortization
			(in millions)
Amortized:
Customer relationships			$	486.3					$	171.2					$	484.5					$	157.6
Existing technology			465.2						88.9						463.7						71.3
Trademarks			64.9						26.8						64.8						24.0
Other			34.6						27.0						36.4						27.3
			1,051.0						313.9						1,049.4						280.2
Indefinite-Lived:
Trademarks			30.8						—						30.6						—
Total			$	1,081.8					$	313.9					$	1,080.0					$	280.2

Schedule of Indefinite-Lived Intangible Assets

Identifiable intangible assets are as follows:

			June 30, 2023												December 31, 2022
			Gross Carrying Amount						Accumulated Amortization						Gross Carrying Amount						Accumulated Amortization
			(in millions)
Amortized:
Customer relationships			$	486.3					$	171.2					$	484.5					$	157.6
Existing technology			465.2						88.9						463.7						71.3
Trademarks			64.9						26.8						64.8						24.0
Other			34.6						27.0						36.4						27.3
			1,051.0						313.9						1,049.4						280.2
Indefinite-Lived:
Trademarks			30.8						—						30.6						—
Total			$	1,081.8					$	313.9					$	1,080.0					$	280.2

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