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GOODWILL AND INTANGIBLE ASSETS, NET (Tables) | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of changes in goodwill by business segment | An analysis of changes in the Company’s goodwill by business segment is as follows (in millions):
| MP |  | AWP |  | Total
Balance at December 31, 2020, gross | $ | 196.6 |  |  | $ | 140.6 |  |  | $ | 337.2 |
Accumulated impairment | (23.2) |  |  | (38.6) |  |  | (61.8) |
Balance at December 31, 2020, net | 173.4 |  |  | 102.0 |  |  | 275.4 |
Acquisitions | 7.3 |  |  | — |  |  | 7.3 |
Foreign exchange effect and other | (1.7) |  |  | (0.9) |  |  | (2.6) |
Balance at December 31, 2021, gross | 202.2 |  |  | 139.7 |  |  | 341.9 |
Accumulated impairment | (23.2) |  |  | (38.6) |  |  | (61.8) |
Balance at December 31, 2021, net | 179.0 |  |  | 101.1 |  |  | 280.1 |
Acquisitions | 21.5 |  |  | — |  |  | 21.5 |
Foreign exchange effect and other | (15.5) |  |  | (1.7) |  |  | (17.2) |
Balance at December 31, 2022, gross | 208.2 |  |  | 138.0 |  |  | 346.2 |
Accumulated impairment | (23.2) |  |  | (38.6) |  |  | (61.8) |
Balance at December 31, 2022, net | $ | 185.0 |  |  | $ | 99.4 |  |  | $ | 284.4 |
Schedule of intangible assets by class | Intangible assets, net were comprised of the following (in millions):
|  |  | December 31, 2022 |  | December 31, 2021
| Weighted Average Life (in years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Technology | 7 |  | $ | 9.3 |  |  | $ | (9.2) |  |  | $ | 0.1 |  |  | $ | 9.8 |  |  | $ | (9.7) |  |  | $ | 0.1 |
Customer Relationships | 17 |  | 34.8 |  |  | (26.8) |  |  | 8.0 |  |  | 31.9 |  |  | (25.4) |  |  | 6.5 |
Land Use Rights | 79 |  | 4.0 |  |  | (0.8) |  |  | 3.2 |  |  | 4.4 |  |  | (0.8) |  |  | 3.6 |
Other | 8 |  | 29.8 |  |  | (23.7) |  |  | 6.1 |  |  | 26.3 |  |  | (23.1) |  |  | 3.2 |
Total definite-lived intangible assets |  |  | $ | 77.9 |  |  | $ | (60.5) |  |  | $ | 17.4 |  |  | $ | 72.4 |  |  | $ | (59.0) |  |  | $ | 13.4 |
Finite-lived Intangible Assets Amortization Expense |
| For the Year Ended December 31,
(in millions) | 2022 |  | 2021 |  | 2020
Aggregate Amortization Expense | $ | 2.6 |  |  | $ | 2.2 |  |  | $ | 1.8 |
Schedule of intangible assets amortization expense | Estimated aggregate intangible asset amortization expense for each of the next five years is as follows (in millions):
2023 |  | $ | 2.4 |
2024 |  | 2.2 |
2025 |  | 2.1 |
2026 |  | 2.0 |
2027 |  | 1.9 |

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