XML 52 R38.htm IDEA: XBRL DOCUMENT

Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Other Intangible Assets

The following table analyzes other intangible assets movement for 2022 and 2021.


(in millions)		2022				2021
Gross cost at January 1		$	295.2			$	298.9
Additions			2.7				0.0
Written down in the year			(4.1	)			0.0
Exchange effect			(2.7	)			(3.7	)

Gross cost at December 31			291.1				295.2

Accumulated amortization at January 1			(237.7	)			(223.6	)
Amortization expense			(14.0	)			(16.0	)
Written down in the year			4.1				0.0
Exchange effect			1.5				1.9

Accumulated amortization at December 31			(246.1	)			(237.7	)

Net book amount at December 31		$	45.0			$	57.5

Schedule of Amortization Expense

Other intangible assets at December 31, 2022 were:


(in millions)		Gross carrying amount				Accumulated amortization
Product rights		$	34.0			$	(34.0	)
Brand names			8.9				(7.8	)
Technology			55.1				(40.0	)
Customer relationships			122.9				(96.9	)
Internally developed software			45.2				(42.4	)
Other			25.0				(25.0	)

		$	291.1			$	(246.1	)

Other intangible assets at December 31, 2021 were:


(in millions)		Gross carrying amount				Accumulated amortization
Product rights		$	34.0			$	(31.5	)
Brand names			8.9				(7.2	)
Technology			55.1				(37.7	)
Customer relationships			125.3				(90.7	)
Internally developed software			43.1				(41.8	)
Other			28.8				(28.8	)

		$	295.2			$	(237.7	)

Future amortization expense is estimated to be as follows for the next five years:


(in millions)
2023		$	10.6
2024		$	9.9
2025		$	6.9
2026		$	6.8
2027		$	3.3