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Goodwill and Other Intangibles, Net (Tables)
12 Months Ended
Dec. 31, 2023
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, 2023

 

 

 

 

December 31, 2022

 

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Amortization

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

 

 

Period

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

 

 

Amount(1)

 

 

Amortization(1)

 

 

Impairments

 

 

Net

 

 

(Years)

 

Amount

 

 

Amortization

 

 

Impairments

 

 

Net

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

$

1,385.5

 

 

$

(403.5

)

 

$

0.0

 

 

$

982.0

 

 

3-20

 

$

1,785.8

 

 

$

(406.2

)

 

$

(319.0

)

 

$

1,060.6

 

Customer Relationships

 

644.9

 

 

 

(373.3

)

 

 

(3.5

)

 

 

268.1

 

 

15-20

 

 

723.4

 

 

 

(358.9

)

 

 

(59.3

)

 

 

305.2

 

Patents/Formulas

 

208.3

 

 

 

(116.1

)

 

 

(1.9

)

 

 

90.3

 

 

4-20

 

 

251.7

 

 

 

(114.6

)

 

 

(32.7

)

 

 

104.4

 

Total

$

2,238.7

 

 

$

(892.9

)

 

$

(5.4

)

 

$

1,340.4

 

 

 

 

$

2,760.9

 

 

$

(879.7

)

 

$

(411.0

)

 

$

1,470.2

 

Indefinite Lived Intangible Assets

 

 

December 31,

 

 

December 31,

 

 

2023

 

 

2022

 

Trade names

$

1,961.9

 

 

$

1,961.4

 

Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2023 and 2022 are as follows:

 

Consumer

 

 

Consumer

 

 

Specialty

 

 

 

 

 

Domestic

 

 

International

 

 

Products

 

 

Total

 

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

 

Hero Acquisition adjustments

 

4.7

 

 

 

0.0

 

 

 

0.0

 

 

 

4.7

 

Balance at December 31, 2023

$

2,061.1

 

 

$

234.4

 

 

$

136.0

 

 

$

2,431.5