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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of intangible assets and goodwill | Goodwill and other intangible assets, net of accumulated amortization, as of June 30, 2022 and December 31, 2021 are as follows (in millions):
| June 30, 2022 |  | December 31, 2021
Goodwill | $ | 385.5 |  |  | $ | 391.3 |
Other intangible assets, net | 533.2 |  |  | 543.9 |
Total goodwill and other intangible assets, net | $ | 918.7 |  |  | $ | 935.2 |
Schedule of changes in carrying amount of goodwill | The changes in the carrying amount of goodwill by reportable segment for the six months ended June 30, 2022 and 2021 are as follows (in millions):
| Off-Road |  | On-Road |  | Marine |  | Total
Goodwill | 172.5 |  |  | 72.8 |  |  | 227.1 |  |  | $ | 472.4 |
Accumulated goodwill impairment losses | (60.8) |  |  | (20.3) |  |  | — |  |  | (81.1) |
Balance as of December 31, 2021 | $ | 111.7 |  |  | $ | 52.5 |  |  | $ | 227.1 |  |  | $ | 391.3 |
Currency translation effect on foreign goodwill balances | (0.5) |  |  | (5.3) |  |  | — |  |  | (5.8) |
Goodwill | 172.0 |  |  | 67.5 |  |  | 227.1 |  |  | 466.6 |
Accumulated goodwill impairment losses | (60.8) |  |  | (20.3) |  |  | — |  |  | (81.1) |
Balance as of June 30, 2022 | $ | 111.2 |  |  | $ | 47.2 |  |  | $ | 227.1 |  |  | $ | 385.5 |
| Off-Road |  | On-Road |  | Marine |  | Total
Goodwill | 172.4 |  |  | 78.9 |  |  | 227.1 |  |  | $ | 478.4 |
Accumulated goodwill impairment losses | (60.8) |  |  | (20.3) |  |  | — |  |  | (81.1) |
Balance as of December 31, 2020 | $ | 111.6 |  |  | $ | 58.6 |  |  | $ | 227.1 |  |  | $ | 397.3 |
Currency translation effect on foreign goodwill balances | 0.2 |  |  | (2.4) |  |  | — |  |  | (2.2) |
Goodwill | 172.6 |  |  | 76.5 |  |  | 227.1 |  |  | 476.2 |
Accumulated goodwill impairment losses | (60.8) |  |  | (20.3) |  |  | — |  |  | (81.1) |
Balance as of June 30, 2021 | $ | 111.8 |  |  | $ | 56.2 |  |  | $ | 227.1 |  |  | $ | 395.1 |
Schedule of components of other intangible assets | The components of other intangible assets were as follows ($ in millions):
| Weighted-average useful life (years) |  | June 30, 2022 |  | December 31, 2021
Non-amortizable—indefinite lived: |  |  |  |  |
Brand/trade names |  |  | $ | 262.5 |  |  | $ | 263.5 |
Amortizable: |  |  |  |  |
Non-compete agreements | 4 |  | 2.6 |  |  | 2.6 |
Dealer/customer related | 19 |  | 344.3 |  |  | 349.7 |
Developed technology | 7 |  | 0.7 |  |  | 2.9 |
Total amortizable | 19 |  | 347.6 |  |  | 355.2 |
Less: Accumulated amortization |  |  | (76.9) |  |  | (74.8) |
Net amortized other intangible assets |  |  | 270.7 |  |  | 280.4 |
Total other intangible assets, net |  |  | $ | 533.2 |  |  | $ | 543.9 |

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