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Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill and other intangible assets | Goodwill and other intangible assets, net of accumulated amortization, as of December 31, 2022 and 2021 are as follows (in millions):
| 2022 |  | 2021
Goodwill | $ | 386.2 |  |  | $ | 391.3 |
Other intangible assets, net | 524.4 |  |  | 543.9 |
Total goodwill and other intangible assets, net | $ | 910.6 |  |  | $ | 935.2 |
Schedule of changes in carrying amount of goodwill | There were no material additions to goodwill and other intangible assets in 2022 and 2021. The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2022 and 2021 were as follows (in millions):
| Off Road |  | On Road |  | Marine |  | Total
Balance as of December 31, 2020 | $ | 111.6 |  |  | $ | 58.6 |  |  | $ | 227.1 |  |  | $ | 397.3 |
Currency translation effect on foreign goodwill balances | 0.1 |  |  | (6.1) |  |  | — |  |  | (6.0) |
Balance as of December 31, 2021 | $ | 111.7 |  |  | $ | 52.5 |  |  | $ | 227.1 |  |  | $ | 391.3 |
Currency translation effect on foreign goodwill balances | (1.0) |  |  | (4.1) |  |  | — |  |  | (5.1) |
Balance as of December 31, 2022 | $ | 110.7 |  |  | $ | 48.4 |  |  | $ | 227.1 |  |  | $ | 386.2 |
Schedule of other intangible assets, changes in net carrying amount | For other intangible assets, the changes in the net carrying amount for the years ended December 31, 2022 and 2021 are as follows (in millions):
| 2022 |  | 2021
| Gross Amount |  | Accumulated Amortization |  | Gross Amount |  | Accumulated Amortization
Other intangible assets, beginning | $ | 618.7 |  |  | $ | (74.8) |  |  | $ | 645.7 |  |  | $ | (72.6) |
Intangible assets disposed of during the period | (13.4) |  |  | 13.4 |  |  | (25.8) |  |  | 20.7 |
Amortization expense | — |  |  | (18.8) |  |  | — |  |  | (22.9) |
Currency translation effect on foreign balances | (0.9) |  |  | 0.2 |  |  | (1.2) |  |  | — |
Other intangible assets, ending | $ | 604.4 |  |  | $ | (80.0) |  |  | $ | 618.7 |  |  | $ | (74.8) |
Schedule of components of other intangible assets | The components of other intangible assets were as follows (in millions):
December 31, 2022 | Weighted-average useful life (years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Dealer/customer related | 19 |  | 341.7 |  |  | (80.0) |  |  | 261.7 |
Total amortizable | 19 |  | 341.7 |  |  | (80.0) |  |  | 261.7 |
Non-amortizable—brand/trade names |  |  | 262.7 |  |  | — |  |  | 262.7 |
Total other intangible assets, net |  |  | $ | 604.4 |  |  | $ | (80.0) |  |  | $ | 524.4 |
December 31, 2021 | Weighted-average useful life (years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Non-compete agreements | 4 |  | $ | 2.6 |  |  | $ | (2.3) |  |  | $ | 0.3 |
Dealer/customer related | 19 |  | 349.7 |  |  | (69.7) |  |  | 280.0 |
Developed technology | 7 |  | 2.9 |  |  | (2.8) |  |  | 0.1 |
Total amortizable | 19 |  | 355.2 |  |  | (74.8) |  |  | 280.4 |
Non-amortizable—brand/trade names |  |  | 263.5 |  |  | — |  |  | 263.5 |
Total other intangible assets, net |  |  | $ | 618.7 |  |  | $ | (74.8) |  |  | $ | 543.9 |

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