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Goodwill and Other Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of intangible assets and goodwill | Goodwill and other intangible assets, net of accumulated amortization, as of March 31, 2023 and December 31, 2022 are as follows (in millions):
| March 31, 2023 |  | December 31, 2022
Goodwill | $ | 387.5 |  |  | $ | 386.2 |
Other intangible assets, net | 520.2 |  |  | 524.4 |
Total goodwill and other intangible assets, net | $ | 907.7 |  |  | $ | 910.6 |
Schedule of changes in carrying amount of goodwill | The changes in the carrying amount of goodwill by reportable segment for the three months ended March 31, 2023 and 2022 are as follows (in millions):
| Off Road |  | On Road |  | Marine |  | Total
Balance as of December 31, 2022 | $ | 110.7 |  |  | $ | 48.4 |  |  | $ | 227.1 |  |  | $ | 386.2 |
Currency translation effect on foreign goodwill balances | 0.1 |  |  | 1.2 |  |  | — |  |  | 1.3 |
Balance as of March 31, 2023 | $ | 110.8 |  |  | $ | 49.6 |  |  | $ | 227.1 |  |  | $ | 387.5 |
| Off Road |  | On Road |  | Marine |  | Total
Balance as of December 31, 2021 | $ | 111.7 |  |  | $ | 52.5 |  |  | $ | 227.1 |  |  | $ | 391.3 |
Currency translation effect on foreign goodwill balances | 0.2 |  |  | (1.2) |  |  | — |  |  | (1.0) |
Balance as of March 31, 2022 | $ | 111.9 |  |  | $ | 51.3 |  |  | $ | 227.1 |  |  | $ | 390.3 |
Schedule of components of other intangible assets | The components of other intangible assets were as follows ($ in millions):
|  |  | March 31, 2023 |  | December 31, 2022
| Weighted-average useful life (years) |  | Cost | Accumulated amortization | Net |  | Cost | Accumulated amortization | Net
Definite-life intangibles |  |  |  |  |  |  |  |  |
Dealer/customer related | 19 |  | $ | 341.7 |  | $ | (84.4) |  | $ | 257.3 |  |  | $ | 341.7 |  | $ | (80.0) |  | $ | 261.7 |
Indefinite-life intangibles |  |  |  |  |  |  |  |  |
Brand/trade names |  |  | 262.9 |  | — |  | 262.9 |  |  | 262.7 |  | — |  | 262.7 |
Total other intangible assets, net |  |  | $ | 604.6 |  | $ | (84.4) |  | $ | 520.2 |  |  | $ | 604.4 |  | $ | (80.0) |  | $ | 524.4 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Estimated future amortization expense for identifiable intangible assets during the next five years is as follows (in millions):
| Q2-Q4 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028
Estimated amortization expense | $ | 13.3 |  |  | $ | 17.7 |  |  | $ | 17.7 |  |  | $ | 17.7 |  |  | $ | 17.7 |  |  | $ | 17.7 |

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