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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2025
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, 2025 and December 31, 2024 were as follows (in millions):
| June 30, 2025 |  | December 31, 2024
Goodwill | $ | 348.6 |  |  | $ | 393.5 |
Other intangible assets, net | 532.2 |  |  | 542.7 |
Total goodwill and other intangible assets, net | $ | 880.8 |  |  | $ | 936.2 |
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, 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 |
Goodwill impairment | — |  |  | (52.6) |  |  | — |  |  | (52.6) |
Currency translation effect on foreign goodwill balances | 1.8 |  |  | 5.9 |  |  | — |  |  | 7.7 |
Balance as of June 30, 2025 | $ | 118.0 |  |  | $ | — |  |  | $ | 230.6 |  |  | $ | 348.6 |
| Off Road |  | On Road |  | Marine |  | Total
Balance as of December 31, 2023 | $ | 116.6 |  |  | $ | 50.7 |  |  | $ | 227.1 |  |  | $ | 394.4 |
Goodwill acquired and related adjustments | 0.4 |  |  | — |  |  | 3.5 |  |  | 3.9 |
Currency translation effect on foreign goodwill balances | (0.5) |  |  | (2.1) |  |  | — |  |  | (2.6) |
Balance as of June 30, 2024 | $ | 116.5 |  |  | $ | 48.6 |  |  | $ | 230.6 |  |  | $ | 395.7 |
Schedule of components of other intangible assets | The components of other intangible assets were as follows ($ in millions):
|  |  | June 30, 2025 |  | December 31, 2024
| Weighted-average useful life (years) |  | Cost | Accumulated amortization | Net |  | Cost | Accumulated amortization | Net
Amortizable - dealer/customer related | 19 |  | $ | 341.2 |  | $ | (123.6) |  | $ | 217.6 |  |  | $ | 341.2 |  | $ | (114.8) |  | $ | 226.4 |
Amortizable - developed technology | 10 |  | 62.7 |  | (7.3) |  | 55.4 |  |  | 62.7 |  | (4.2) |  | 58.5 |
Non-amortizable - brand/trade names |  |  | 259.2 |  | — |  | 259.2 |  |  | 257.8 |  | — |  | 257.8 |
Total other intangible assets, net | 18 |  | $ | 663.1 |  | $ | (130.9) |  | $ | 532.2 |  |  | $ | 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 | $ | 12.0 |  |  | $ | 23.9 |  |  | $ | 23.9 |  |  | $ | 23.9 |  |  | $ | 23.9 |  |  | $ | 23.9 |

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