Goodwill and Intangible Assets (Tables)

6 Months Ended

Jul. 01, 2023

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, 2022		Purchase accounting adjustments		Currency translation adjustments		July 1, 2023
CSCA(1)	$	2,044.4	$	35.2	$	0.4	$	2,080.0
CSCI(2)	1,446.0		45.4		26.6		1,518.0
Total goodwill	$	3,490.4	$	80.6	$	27.0	$	3,598.0

(1) We had accumulated goodwill impairments of $6.1 million as of July 1, 2023 and December 31, 2022.

(2) We had accumulated goodwill impairments of $878.4 million as of July 1, 2023 and December 31, 2022.

Schedule of Finite and Indefinite-lived Intangible Assets

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

	July 1, 2023				December 31, 2022
	Gross		Accumulated Amortization		Gross		Accumulated Amortization
Indefinite-lived intangibles:(1)
Trademarks, trade names, and brands	$	3.4	$	—	$	3.2	$	—
In-process research and development	56.4		—		55.4		—
Total indefinite-lived intangibles	$	59.8	$	—	$	58.6	$	—
Definite-lived intangibles:
Distribution and license agreements and supply agreements	$	95.6	$	60.7	$	94.9	$	58.1
Developed product technology, formulations, and product rights	476.5		225.1		484.8		211.8
Customer relationships and distribution networks	1,854.0		1,043.2		1,825.1		965.9
Trademarks, trade names, and brands	2,476.7		543.0		2,542.2		481.0
Non-compete agreements	2.1		2.1		2.0		2.0
Total definite-lived intangibles	$	4,904.9	$	1,874.1	$	4,949.0	$	1,718.8
Total intangible assets	$	4,964.7	$	1,874.1	$	5,007.6	$	1,718.8

(1) Certain intangible assets are denominated in currencies other than U.S. dollar; therefore, their gross and net carrying values are subject to foreign currency movements.