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Goodwill and Other Intangible Assets, net (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Reporting Units
In millionsPerformance MaterialsPerformance ChemicalsAdvanced Polymer TechnologiesTotal
December 31, 2022$4.3 $514.2 $— $518.5 
Segment change reallocation— (165.0)165.0 — 
Foreign currency translation— — 3.5 3.5 
March 31, 2023$4.3 $349.2 $168.5 $522.0 
Schedule of Finite-Lived Intangible Assets
In millionsCustomer contracts and relationships
Brands (1)
Developed TechnologyTotal
Gross Asset Value
December 31, 2022$388.5 $89.2 $88.5 $566.2 
Foreign currency translation3.1 1.3 1.3 5.7 
March 31, 2023$391.6 $90.5 $89.8 $571.9 
Accumulated Amortization
December 31, 2022$(113.8)$(23.9)$(23.7)$(161.4)
Amortization(6.6)(1.4)(2.3)(10.3)
Foreign currency translation(0.7)(0.3)(0.5)(1.5)
March 31, 2023$(121.1)$(25.6)$(26.5)$(173.2)
Other intangibles, net$270.5 $64.9 $63.3 $398.7 
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(1) Represents trademarks, trade names, and know-how.
Intangible assets subject to amortization were attributed to our business segments as follows:
In millionsMarch 31, 2023December 31, 2022
Performance Materials$1.6 $1.7 
Performance Chemicals192.2 198.0
Advanced Polymer Technologies204.9 205.1 
Other intangibles, net$398.7 $404.8