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Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

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):

			June 30, 2023
			Gross Carrying Amount						Accumulated Amortization												Net Carrying Amount
Amortized Intangible Assets
Customer relationships			$	740.5					$	183.8											$	556.7
Developed technology			71.5						30.2												41.3
Trade names			33.1						5.4												27.7
Acquired technology			20.6						2.9												17.7
Non-compete agreements			2.9						2.8												0.1
Patents			1.9						0.8												1.1
Total(1)			$	870.5					$	225.9											$	644.6
Unamortized Intangible Assets
Trade names			$	15.6					$	—											$	15.6

(1) Includes a decrease of $26.0 million related to measurement period adjustments for the Merger recognized during the six months ended June 30, 2023.

			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.

Schedule of Unamortized Intangible Assets

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

			June 30, 2023
			Gross Carrying Amount						Accumulated Amortization												Net Carrying Amount
Amortized Intangible Assets
Customer relationships			$	740.5					$	183.8											$	556.7
Developed technology			71.5						30.2												41.3
Trade names			33.1						5.4												27.7
Acquired technology			20.6						2.9												17.7
Non-compete agreements			2.9						2.8												0.1
Patents			1.9						0.8												1.1
Total(1)			$	870.5					$	225.9											$	644.6
Unamortized Intangible Assets
Trade names			$	15.6					$	—											$	15.6

(1) Includes a decrease of $26.0 million related to measurement period adjustments for the Merger recognized during the six months ended June 30, 2023.

			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.

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- References

No definition available.

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- 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
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482665/350-30-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482665/350-30-50-2

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- 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
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482665/350-30-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (b),(d)
-SubTopic 30
-Topic 350
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482665/350-30-50-3

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