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Other Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Other Intangible Assets | The following table analyzes other intangible assets movement for 2023 and 2022.
(in millions) |  | 2023 |  |  | 2022 |
Gross cost at January 1 |  | $ | 291.1 |  |  | $ | 295.2 |
Additions |  |  | 22.4 |  |  |  | 2.7 |
Written down in the year |  |  | — |  |  |  | (4.1 | )
Exchange effect |  |  | 1.6 |  |  |  | (2.7 | )
Gross cost at December 31 |  |  | 315.1 |  |  |  | 291.1 |
Accumulated amortization at January 1 |  |  | (246.1 | ) |  |  | (237.7 | )
Amortization expense |  |  | (10.6 | ) |  |  | (14.0 | )
Written down in the year |  |  | — |  |  |  | 4.1 |
Exchange effect |  |  | (1.1 | ) |  |  | 1.5 |
Accumulated amortization at December 31 |  |  | (257.8 | ) |  |  | (246.1 | )
Net book amount at December 31 |  | $ | 57.3 |  |  | $ | 45.0 |
Schedule of Amortization Expense | Other intangible assets at December 31, 2023 were:
(in millions) |  | Gross carrying amount |  |  | Accumulated amortization |
Product rights |  | $ | 34.0 |  |  | $ | (34.0 | )
Brand names |  |  | 8.9 |  |  |  | (8.4 | )
Technology |  |  | 55.1 |  |  |  | (42.3 | )
Customer relationships |  |  | 131.6 |  |  |  | (105.4 | )
Internally developed software |  |  | 60.5 |  |  |  | (42.7 | )
Other |  |  | 25.0 |  |  |  | (25.0 | )
|  | $ | 315.1 |  |  | $ | (257.8 | )
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 | )
Future amortization expense is estimated to be as follows for the next five years:
(in millions) |  |  |
2024 |  | $ | 11.8 |
2025 |  | $ | 10.2 |
2026 |  | $ | 10.0 |
2027 |  | $ | 6.5 |
2028 |  | $ | 6.1 |

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