Goodwill and Intangible Assets (Tables)

3 Months Ended

Apr. 03, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill, by reportable segment, were as follows (in millions):

	December 31, 2020		Purchase accounting adjustments		Currency translation adjustments		April 3, 2021
CSCA	$	1,905.0	$	2.4	$	(1.9)	$	1,905.5
CSCI(1)	1,190.7		(2.4)		(41.5)		1,146.8
Total goodwill	$	3,095.7	$	—	$	(43.4)	$	3,052.3

(1) We had accumulated goodwill impairments of $868.4 million as of December 31, 2020 and April 3, 2021.

Schedule of Finite and Indefinite-lived Intangible Assets

Intangible assets and related accumulated amortization consisted of the following (in millions):

	April 3, 2021				December 31, 2020
	Gross		Accumulated Amortization		Gross		Accumulated Amortization
Indefinite-lived intangibles:
Trademarks, trade names, and brands	$	4.3	$	—	$	4.3	$	—
In-process research and development	2.7		—		2.7		—
Total indefinite-lived intangibles	$	7.0	$	—	$	7.0	$	—
Definite-lived intangibles:
Distribution and license agreements and supply agreements	$	73.2	$	55.1	$	74.8	$	55.4
Developed product technology, formulations, and product rights	301.8		180.5		303.3		177.3
Customer relationships and distribution networks	1,873.9		830.9		1,920.5		823.7
Trademarks, trade names, and brands	1,534.4		350.5		1,581.5		342.2
Non-compete agreements	2.4		2.4		2.9		2.9
Total definite-lived intangibles	$	3,785.7	$	1,419.4	$	3,883.0	$	1,401.5
Total intangible assets	$	3,792.7	$	1,419.4	$	3,890.0	$	1,401.5