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GOODWILL AND INTANGIBLE ASSETS (Tables) | 3 Months Ended
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Mar. 31, 2024
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, 2023, gross | $ | 217.5 |  |  | $ | 138.9 |  |  | $ | 356.4 |
Accumulated impairment | (23.2) |  |  | (38.6) |  |  | (61.8) |
Balance at December 31, 2023, net | 194.3 |  |  | 100.3 |  |  | 294.6 |
Foreign exchange effect and other | (2.2) |  |  | (0.4) |  |  | (2.6) |
Balance at March 31, 2024, gross | 215.3 |  |  | 138.5 |  |  | 353.8 |
Accumulated impairment | (23.2) |  |  | (38.6) |  |  | (61.8) |
Balance at March 31, 2024, net | $ | 192.1 |  |  | $ | 99.9 |  |  | $ | 292.0 |
Schedule of Intangible Assets by Class | Intangible assets, net were comprised of the following (in millions):
|  |  | March 31, 2024 |  | December 31, 2023
| 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 |  | $ | 9.4 |  |  | $ | (9.3) |  |  | $ | 0.1 |  |  | $ | 9.6 |  |  | $ | (9.5) |  |  | $ | 0.1 |
Customer Relationships | 17 |  | 35.2 |  |  | (28.9) |  |  | 6.3 |  |  | 35.5 |  |  | (28.7) |  |  | 6.8 |
Land Use Rights | 80 |  | 3.9 |  |  | (0.8) |  |  | 3.1 |  |  | 3.9 |  |  | (0.8) |  |  | 3.1 |
Other | 9 |  | 30.1 |  |  | (24.8) |  |  | 5.3 |  |  | 30.3 |  |  | (24.6) |  |  | 5.7 |
Total definite-lived intangible assets |  |  | $ | 78.6 |  |  | $ | (63.8) |  |  | $ | 14.8 |  |  | $ | 79.3 |  |  | $ | (63.6) |  |  | $ | 15.7 |
Finite-lived Intangible Assets Amortization Expense |
| Three Months Ended March 31, |  |
(in millions) | 2024 |  | 2023 |  |  |  |
Aggregate Amortization Expense | $ | 0.6 |  |  | $ | 0.8 |  |  |  |  |
Schedule of Intangible Assets Amortization Expense | Estimated aggregate intangible asset amortization expense for each of the next five years is as follows (in millions):
2024 | $ | 2.4 |
2025 | 2.3 |
2026 | 2.1 |
2027 | 2.1 |
2028 | 1.2 |

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