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Goodwill and Other Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2025
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, 2025 and December 31, 2024 were as follows (in millions):
| March 31, 2025 |  | December 31, 2024
Goodwill | $ | 396.3 |  |  | $ | 393.5 |
Other intangible assets, net | 537.1 |  |  | 542.7 |
Total goodwill and other intangible assets, net | $ | 933.4 |  |  | $ | 936.2 |
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, 2025 and 2024 were as follows (in millions):
| Off Road |  | On Road |  | Marine |  | Total
Balance as of December 31, 2024 | $ | 116.2 |  |  | $ | 46.7 |  |  | $ | 230.6 |  |  | $ | 393.5 |
Currency translation effect on foreign goodwill balances | 0.1 |  |  | 2.7 |  |  | — |  |  | 2.8 |
Balance as of March 31, 2025 | $ | 116.3 |  |  | $ | 49.4 |  |  | $ | 230.6 |  |  | $ | 396.3 |
| Off Road |  | On Road |  | Marine |  | Total
Balance as of December 31, 2023 | $ | 116.6 |  |  | $ | 50.7 |  |  | $ | 227.1 |  |  | $ | 394.4 |
Currency translation effect on foreign goodwill balances | (0.4) |  |  | (1.6) |  |  | — |  |  | (2.0) |
Balance as of March 31, 2024 | $ | 116.2 |  |  | $ | 49.1 |  |  | $ | 227.1 |  |  | $ | 392.4 |
Schedule of components of other intangible assets | The components of other intangible assets were as follows ($ in millions):
|  |  | March 31, 2025 |  | December 31, 2024
| Weighted-average useful life (years) |  | Cost | Accumulated amortization | Net |  | Cost | Accumulated amortization | Net
Amortizable - dealer/customer related | 19 |  | $ | 341.2 |  | $ | (119.2) |  | $ | 222.0 |  |  | $ | 341.2 |  | $ | (114.8) |  | $ | 226.4 |
Amortizable - developed technology | 10 |  | 62.7 |  | (5.8) |  | 56.9 |  |  | 62.7 |  | (4.2) |  | 58.5 |
Non-amortizable - brand/trade names |  |  | 258.2 |  | — |  | 258.2 |  |  | 257.8 |  | — |  | 257.8 |
Total other intangible assets, net | 18 |  | $ | 662.1 |  | $ | (125.0) |  | $ | 537.1 |  |  | $ | 661.7 |  | $ | (119.0) |  | $ | 542.7 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Estimated future amortization expense for identifiable other intangible assets during the next five years is as follows (in millions):
| Remainder 2025 |  | 2026 |  | 2027 |  | 2028 |  | 2029 |  | 2030
Estimated amortization expense | $ | 17.9 |  |  | $ | 23.9 |  |  | $ | 23.9 |  |  | $ | 23.9 |  |  | $ | 23.9 |  |  | $ | 23.9 |

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