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Goodwill and Other Intangible Assets
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
8. Goodwill and Other Intangible Assets

The changes in the carrying value of goodwill by reportable operating segments were as follows:
 Engineered ProductsClean Energy & FuelingImaging & IdentificationPumps & Process SolutionsClimate & Sustainability TechnologiesTotal
Balance at January 1, 2024$659,381 $1,409,302 $1,092,960 $1,208,571 $511,473 $4,881,687 
Acquisitions— 98,689 — — — 98,689 
Measurement period adjustments— — — 227 371 598 
Foreign currency translation(3,380)(10,058)(10,313)(5,687)(606)(30,044)
Balance at June 30, 2024$656,001 $1,497,933 $1,082,647 $1,203,111 $511,238 $4,950,930 

During the six months ended June 30, 2024, the Company recognized additions of $98,689 to goodwill as a result of the acquisitions discussed in Note 3 — Acquisitions, and disposed of $58,663 of goodwill that was previously classified as held for sale as of December 31, 2023. See Note 4 — Dispositions for further details.
The Company’s definite-lived and indefinite-lived intangible assets by major asset class were as follows:
June 30, 2024December 31, 2023
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Amortized intangible assets:
Customer intangibles$2,194,915 $1,146,736 $1,048,179 $2,138,788 $1,094,053 $1,044,735 
Trademarks276,587 154,361 122,226 274,711 147,212 127,499 
Patents205,485 145,638 59,847 206,871 142,719 64,152 
Unpatented technologies289,336 169,042 120,294 277,198 159,148 118,050 
Distributor relationships81,072 65,101 15,971 82,031 63,343 18,688 
Other30,256 11,445 18,811 24,211 10,053 14,158 
Total3,077,651 1,692,323 1,385,328 3,003,810 1,616,528 1,387,282 
Unamortized intangible assets:
Trademarks96,563 — 96,563 96,631 — 96,631 
Total intangible assets, net$3,174,214 $1,692,323 $1,481,891 $3,100,441 $1,616,528 $1,483,913 

For the three months ended June 30, 2024 and 2023, amortization expense was $45,546 and $38,951, respectively. For the six months ended June 30, 2024 and 2023, amortization expense was $90,851 and $79,317, respectively. Amortization expense is primarily comprised of acquisition-related intangible amortization.

During the six months ended June 30, 2024, the Company acquired $88,725 of intangible assets through acquisitions. These assets were classified as customer intangibles, unpatented technologies and trademarks and included in the Clean Energy & Fueling segment. See Note 3 — Acquisitions for further details.