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Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Other Intangible Assets

The following table analyzes other intangible assets movement for 2025 and 2024.

 

(in millions)

 

2025

 

 

2024

 

Gross cost at January 1

 

$

331.9

 

 

$

315.1

 

Additions

 

 

23.6

 

 

 

24.3

 

Exchange effect

 

 

17.8

 

 

 

(7.5

)

Gross cost at December 31

 

 

373.3

 

 

 

331.9

 

Accumulated amortization at January 1

 

 

(266.5

)

 

 

(257.8

)

Amortization expense

 

 

(11.6

)

 

 

(12.6

)

Impairment

 

 

(19.0

)

 

 

 

Exchange effect

 

 

(8.5

)

 

 

3.9

 

Accumulated amortization at December 31

 

 

(305.6

)

 

 

(266.5

)

Net book amount at December 31

 

$

67.7

 

 

$

65.4

 

Schedule of Amortization Expense

Other intangible assets at December 31, 2025 were:

 

(in millions)

 

Gross
carrying
amount

 

 

Accumulated
amortization

 

Product rights

 

$

34.0

 

 

$

(34.0

)

Brand names

 

 

8.9

 

 

 

(8.9

)

Technology

 

 

55.1

 

 

 

(55.1

)

Customer relationships

 

 

137.3

 

 

 

(129.2

)

Internally developed software

 

 

113.4

 

 

 

(53.8

)

Other

 

 

24.6

 

 

 

(24.6

)

 

 

$

373.3

 

 

$

(305.6

)

 

Other intangible assets at December 31, 2024 were:

 

(in millions)

 

Gross
carrying
amount

 

 

Accumulated
amortization

 

Product rights

 

$

34.0

 

 

$

(34.0

)

Brand names

 

 

8.9

 

 

 

(8.9

)

Technology

 

 

55.1

 

 

 

(44.6

)

Customer relationships

 

 

130.6

 

 

 

(111.9

)

Internally developed software

 

 

78.7

 

 

 

(42.5

)

Other

 

 

24.6

 

 

 

(24.6

)

 

 

$

331.9

 

 

$

(266.5

)

 

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

 

(in millions)

 

 

 

2026

 

$

9.9

 

2027

 

$

6.5

 

2028

 

$

6.2

 

2029

 

$

6.2

 

2030

 

$

6.2