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Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of intangible assets and goodwill | Goodwill and other intangible assets, net of accumulated amortization, as of September 30, 2023 and December 31, 2022 are as follows (in millions):
| September 30, 2023 |  | December 31, 2022
Goodwill | $ | 389.4 |  |  | $ | 386.2 |
Other intangible assets, net | 517.7 |  |  | 524.4 |
Total goodwill and other intangible assets, net | $ | 907.1 |  |  | $ | 910.6 |
Schedule of changes in carrying amount of goodwill | The changes in the carrying amount of goodwill by reportable segment for the nine months ended September 30, 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 |
Goodwill acquired and related adjustments | 4.2 |  |  | — |  |  | — |  |  | 4.2 |
Currency translation effect on foreign goodwill balances | (0.3) |  |  | (0.7) |  |  | — |  |  | (1.0) |
Balance as of September 30, 2023 | $ | 114.6 |  |  | $ | 47.7 |  |  | $ | 227.1 |  |  | $ | 389.4 |
| 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 | (1.5) |  |  | (10.1) |  |  | — |  |  | (11.6) |
Balance as of September 30, 2022 | $ | 110.2 |  |  | $ | 42.4 |  |  | $ | 227.1 |  |  | $ | 379.7 |
Schedule of components of other intangible assets | The components of other intangible assets were as follows ($ in millions):
|  |  | September 30, 2023 |  | December 31, 2022
| Weighted-average useful life (years) |  | Cost | Accumulated amortization | Net |  | Cost | Accumulated amortization | Net
Definite-life intangibles |  |  |  |  |  |  |  |  |
Dealer/customer related | 19 |  | $ | 341.6 |  | $ | (93.2) |  | $ | 248.4 |  |  | $ | 341.7 |  | $ | (80.0) |  | $ | 261.7 |
Indefinite-life intangibles |  |  |  |  |  |  |  |  |
Brand/trade names |  |  | 269.3 |  | — |  | 269.3 |  |  | 262.7 |  | — |  | 262.7 |
Total other intangible assets, net |  |  | $ | 610.9 |  | $ | (93.2) |  | $ | 517.7 |  |  | $ | 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):
| Remainder 2023 |  | 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028
Estimated amortization expense | $ | 4.4 |  |  | $ | 17.7 |  |  | $ | 17.7 |  |  | $ | 17.7 |  |  | $ | 17.7 |  |  | $ | 17.7 |

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