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GOODWILL AND OTHER INTANGIBLE ASSETS
 9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
The carrying amounts of the Company’s intangible assets, excluding goodwill, are as follows:
(In millions)September 30, 2025December 31, 2024
 Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Amortizing intangibles:    
Customer relationships$305.6 $(144.7)$263.4 $(128.8)
Patents7.4 (7.4)7.2 (7.2)
Technology10.4 (7.7)7.5 (7.5)
Trade names58.1 (10.7)44.5 (8.1)
Other2.9 (2.5)2.8 (2.4)
Total$384.4 $(173.0)$325.4 $(154.0)
Non-amortizing intangibles:    
Trade names41.8 — 41.6 — 
Total intangibles$426.2 $(173.0)$367.0 $(154.0)
 
Amortization expense related to intangible assets for the third quarters ended September 30, 2025 and September 30, 2024 was $6.1 million and $4.7 million, respectively, and for nine months ended September 30, 2025 and September 30, 2024 was $17.2 million and $14.2 million, respectively.

The change in the carrying amount of goodwill by reportable segment for the nine months ended September 30, 2025 is as follows:
(In millions)
Water SystemsEnergy SystemsDistributionConsolidated
Balance as of December 31, 2024$217.6 $70.3 $50.6 $338.5 
Acquisitions55.4 — — 55.4 
Adjustments to prior year acquisitions0.1 — — 0.1 
Foreign currency translation4.2 0.2 — 4.4 
Balance as of September 30, 2025$277.3 $70.5 $50.6 $398.4