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Goodwill and Other Intangibles, Net (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets

The following table provides information related to the carrying value of amortizable intangible assets:

 

 

December 31, 2022

 

 

 

 

December 31, 2021

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Amortization

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

 

 

Period

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

 

 

Amount

 

 

Amortization

 

 

Impairments

 

 

Net

 

 

(Years)

 

Amount

 

 

Amortization

 

 

Impairments

 

 

Net

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

$

1,785.8

 

 

$

(406.2

)

 

$

(319.0

)

 

$

1,060.6

 

 

3-20

 

$

1,403.7

 

 

$

(342.8

)

 

$

(10.4

)

 

$

1,050.5

 

Customer Relationships

 

723.4

 

 

 

(358.9

)

 

 

(59.3

)

 

 

305.2

 

 

15-20

 

 

666.0

 

 

 

(323.5

)

 

 

(0.9

)

 

 

341.6

 

Patents/Formulas

 

251.7

 

 

 

(114.6

)

 

 

(32.7

)

 

 

104.4

 

 

4-20

 

 

239.1

 

 

 

(99.4

)

 

 

0.0

 

 

 

139.7

 

Total

$

2,760.9

 

 

$

(879.7

)

 

$

(411.0

)

 

$

1,470.2

 

 

 

 

$

2,308.8

 

 

$

(765.7

)

 

$

(11.3

)

 

$

1,531.8

 

Indefinite Lived Intangible Assets

 

 

December 31,

 

 

December 31,

 

 

2022

 

 

2021

 

Trade names

$

1,961.4

 

 

$

1,962.5

 

Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2022 and 2021 are as follows:

 

 

Consumer

 

 

Consumer

 

 

Specialty

 

 

 

 

 

Domestic

 

 

International

 

 

Products

 

 

Total

 

Balance at December 31, 2020

$

1,859.3

 

 

$

234.3

 

 

$

136.0

 

 

$

2,229.6

 

TheraBreath acquired goodwill

 

39.3

 

 

 

4.4

 

 

 

0.0

 

 

 

43.7

 

Tax related and other

 

1.2

 

 

 

0.0

 

 

 

0.0

 

 

 

1.2

 

Balance at December 31, 2021

$

1,899.8

 

 

$

238.7

 

 

$

136.0

 

 

$

2,274.5

 

TheraBreath adjustment

 

0.5

 

 

 

(4.3

)

 

 

0.0

 

 

 

(3.8

)

Hero acquired goodwill

 

156.1

 

 

 

0.0

 

 

 

0.0

 

 

 

156.1

 

Balance at December 31, 2022

$

2,056.4

 

 

$

234.4

 

 

$

136.0

 

 

$

2,426.8