XML 54 R40.htm IDEA: XBRL DOCUMENT v3.22.4

Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Amortized Intangible Assets

The gross carrying amount and accumulated amortization for intangible assets consisted of the following (in millions):

			December 31, 2022
			Gross Carrying Amount						Accumulated Amortization																		Net Carrying Amount
Amortized Intangible Assets
Customer relationships			$	754.8					$	159.4																	$	595.4
Developed technology			71.2						26.5																		44.7
Trade names			35.8						4.4																		31.4
Acquired technology			23.5						1.6																		21.9
Non-compete agreements			2.9						2.7																		0.2
Patents			1.9						0.7																		1.2
Total			$	890.1					$	195.3																	$	694.8
Unamortized Intangible Assets
Trade names(1)			$	15.5					$	—																	$	15.5

(1) During the first quarter of 2022, indefinite-lived trade names and developed technology with net carrying amounts of $4.2 million and $0.5 million were allocated to the disposal group classified as held for sale and subsequently impaired.

			December 31, 2021
			Gross Carrying Amount						Accumulated Amortization																		Net Carrying Amount
Amortized Intangible Assets
Customer relationships			$	541.7					$	119.2																	$	422.5
Developed technology			74.6						20.7																		53.9
Trade names			18.9						2.7																		16.2
Non-compete agreements			2.9						2.5																		0.4
Patents			1.5						0.6																		0.9
Total			$	639.6					$	145.7																	$	493.9
Unamortized Intangible Assets
Trade names			$	20.0					$	—																	$	20.0

Schedule of Unamortized Intangible Assets

The gross carrying amount and accumulated amortization for intangible assets consisted of the following (in millions):

			December 31, 2022
			Gross Carrying Amount						Accumulated Amortization																		Net Carrying Amount
Amortized Intangible Assets
Customer relationships			$	754.8					$	159.4																	$	595.4
Developed technology			71.2						26.5																		44.7
Trade names			35.8						4.4																		31.4
Acquired technology			23.5						1.6																		21.9
Non-compete agreements			2.9						2.7																		0.2
Patents			1.9						0.7																		1.2
Total			$	890.1					$	195.3																	$	694.8
Unamortized Intangible Assets
Trade names(1)			$	15.5					$	—																	$	15.5

(1) During the first quarter of 2022, indefinite-lived trade names and developed technology with net carrying amounts of $4.2 million and $0.5 million were allocated to the disposal group classified as held for sale and subsequently impaired.

			December 31, 2021
			Gross Carrying Amount						Accumulated Amortization																		Net Carrying Amount
Amortized Intangible Assets
Customer relationships			$	541.7					$	119.2																	$	422.5
Developed technology			74.6						20.7																		53.9
Trade names			18.9						2.7																		16.2
Non-compete agreements			2.9						2.5																		0.4
Patents			1.5						0.6																		0.9
Total			$	639.6					$	145.7																	$	493.9
Unamortized Intangible Assets
Trade names			$	20.0					$	—																	$	20.0

Schedule of Estimated Aggregate Amortization Expense for the Next Five Years

The following table shows the estimated aggregate amortization expense as of December 31, 2022 (in millions):

2023			$	63.5
2024			63.2
2025			62.4
2026			62.4
2027			62.4

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 3
-Subparagraph (b),(d)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration