XML 26 R16.htm IDEA: XBRL DOCUMENT v3.22.2.2
Goodwill and other identifiable intangible assets
 9 Months Ended
Sep. 25, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and other identifiable intangible assets Goodwill and other identifiable intangible assets
Changes in goodwill during the first nine months ended September 25, 2022, were as follows:
In millionsGas CylindersElektronTotal
At January 1, 2022$27.6 $42.1 $69.7 
Exchange difference(4.5)(2.7)(7.2)
Net balance at September 25, 2022$23.1 $39.4 $62.5 
Accumulated goodwill impairment losses in relation to continuing activities were $8.0 million as of September 25, 2022 and December 31, 2021.

Identifiable intangible assets consisted of the following:

In millionsCustomer relationshipsTechnology and trading relatedTotal
Cost:   
At January 1, 2022$15.2 $8.2 $23.4 
Exchange movements— (1.4)(1.4)
At September 25, 2022$15.2 $6.8 $22.0 
Accumulated amortization:  
At January 1, 2022$5.7 $4.0 $9.7 
Provided during the period0.4 0.2 0.6 
Exchange movements— (0.7)(0.7)
At September 25, 2022$6.1 $3.5 $9.6 
Net book values:  
At January 1, 2022$9.5 $4.2 $13.7 
At September 25, 2022$9.1 $3.3 $12.4 

Identifiable intangible asset amortization expense was $0.6 million and $0.7 million for the first nine months of 2022 and 2021 respectively.
Intangible asset amortization expense in 2022 and each of the following four years is expected to be approximately $0.8 million.