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Goodwill
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

9. Goodwill

The changes in the carrying amounts of goodwill during the years ended December 31, 2023 and 2022 were as follows:

 

(millions)

 

Commercial

 

 

Aviation

 

 

Total

 

Net book values as of January 1, 2022

 

 

 

 

 

 

 

 

 

Goodwill

 

$

377.1

 

 

$

209.0

 

 

$

586.1

 

Accumulated impairment losses

 

 

 

 

 

(59.5

)

 

 

(59.5

)

Total

 

$

377.1

 

 

$

149.5

 

 

$

526.6

 

Acquisitions

 

 

10.1

 

 

 

6.2

 

 

 

16.3

 

Foreign currency translation

 

 

(0.2

)

 

 

0.5

 

 

 

0.3

 

Net book value as of December 31, 2022

 

 

 

 

 

 

 

 

 

Goodwill

 

$

387.0

 

 

$

215.7

 

 

$

602.7

 

Accumulated impairment losses

 

 

 

 

 

(59.5

)

 

 

(59.5

)

Total

 

$

387.0

 

 

$

156.2

 

 

$

543.2

 

Acquisitions

 

 

1.0

 

 

 

 

 

 

1.0

 

Foreign currency translation

 

 

0.1

 

 

 

0.3

 

 

 

0.4

 

Net book value as of December 31, 2023

 

 

 

 

 

 

 

 

 

Goodwill

 

$

388.1

 

 

$

216.0

 

 

$

604.1

 

Accumulated impairment losses

 

 

 

 

 

(59.5

)

 

 

(59.5

)

Total

 

$

388.1

 

 

$

156.5

 

 

$

544.6