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Other Intangible Assets
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
OTHER INTANGIBLE ASSETS

NOTE 8 — OTHER INTANGIBLE ASSETS

The gross carrying amount of other intangible assets and accumulated amortization as of March 31, 2023 and December 31, 2022 were as follows:

 

 

March 31, 2023

 

 

 

Weighted Average Remaining Life (in years)

 

 

Gross carrying
amount

 

 

Accumulated
amortization

 

 

Net carrying
amount

 

Customer and supplier relationships

 

 

8.1

 

 

$

63.0

 

 

$

(11.7

)

 

$

51.3

 

Other intangibles

 

 

4.0

 

 

 

10.7

 

 

 

(3.5

)

 

 

7.2

 

Total

 

 

7.4

 

 

$

73.7

 

 

$

(15.2

)

 

$

58.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2022

 

 

 

Weighted Average Remaining Life (in years)

 

 

Gross carrying
amount

 

 

Accumulated
amortization

 

 

Net carrying
amount

 

Customer and supplier relationships

 

 

8.3

 

 

$

63.0

 

 

$

(10.1

)

 

$

52.9

 

Other intangibles

 

 

4.2

 

 

 

10.7

 

 

 

(2.9

)

 

 

7.8

 

Total

 

 

7.7

 

 

$

73.7

 

 

$

(13.0

)

 

$

60.7

 

 

Amortization of other intangible assets was $2.2 million and $1.4 million for the three months ended March 31, 2023 and 2022, respectively.