Goodwill and Intangible Assets (Tables)

6 Months Ended

Jul. 02, 2022

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, 2021		Business acquisitions		Currency translation adjustments		July 2, 2022
CSCA(1)	$	1,902.4	$	106.1	$	(1.6)	$	2,006.9
CSCI(2)	1,097.0		510.1		(99.1)		1,508.0
Total goodwill	$	2,999.4	$	616.2	$	(100.7)	$	3,514.9

(1) We had no accumulated goodwill impairments as of July 2, 2022 and $6.1 million as of December 31, 2021.

(2) We had accumulated goodwill impairments of $878.4 million as of July 2, 2022 and as of December 31, 2021.

Schedule of Finite and Indefinite-lived Intangible Assets

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

	July 2, 2022				December 31, 2021
	Gross		Accumulated Amortization		Gross		Accumulated Amortization
Indefinite-lived intangibles:
Trademarks, trade names, and brands	$	3.2	$	—	$	3.5	$	—
In-process research and development	64.4		—		1.8		—
Total indefinite-lived intangibles	$	67.6	$	—	$	5.3	$	—
Definite-lived intangibles:
Distribution and license agreements and supply agreements	$	80.1	$	55.8	$	73.2	$	56.9
Developed product technology, formulations, and product rights	464.7		198.0		300.2		191.4
Customer relationships and distribution networks	1,788.8		883.4		1,820.7		887.8
Trademarks, trade names, and brands	2,433.5		407.2		1,482.3		394.2
Non-compete agreements	2.1		2.1		2.1		2.1
Total definite-lived intangibles	$	4,769.2	$	1,546.5	$	3,678.5	$	1,532.4
Total intangible assets	$	4,836.8	$	1,546.5	$	3,683.8	$	1,532.4