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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets The carrying amounts of the Company’s intangible assets are as follows:
(In millions)June 30, 2022December 31, 2021
 Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Amortizing intangibles:    
Customer relationships253.0 (95.0)255.1 (88.8)
Patents$7.3 $(7.3)$7.3 $(7.3)
Technology7.5 (7.4)7.5 (7.3)
Trade names41.9 (2.6)$42.1 (1.5)
Other2.7 (2.6)2.8 (2.7)
Total$312.4 $(114.9)$314.8 $(107.6)
Unamortizing intangibles:    
Trade names42.4 — 42.5 — 
Total intangibles$354.8 $(114.9)$357.3 $(107.6)
Schedule of Indefinite-Lived Intangible Assets The carrying amounts of the Company’s intangible assets are as follows:
(In millions)June 30, 2022December 31, 2021
 Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Amortizing intangibles:    
Customer relationships253.0 (95.0)255.1 (88.8)
Patents$7.3 $(7.3)$7.3 $(7.3)
Technology7.5 (7.4)7.5 (7.3)
Trade names41.9 (2.6)$42.1 (1.5)
Other2.7 (2.6)2.8 (2.7)
Total$312.4 $(114.9)$314.8 $(107.6)
Unamortizing intangibles:    
Trade names42.4 — 42.5 — 
Total intangibles$354.8 $(114.9)$357.3 $(107.6)
Schedule of Amortization Expense Amortization expense for each of the five succeeding years is projected as follows:
(In millions)20222023202420252026
$16.9 $16.8 $16.7 $15.8 $14.9 
Schedule of Change in the Carrying Amount of Goodwill by Reporting Segment The change in the carrying amount of goodwill by reportable segment for the six months ended June 30, 2022, is as follows:
(In millions)
Water SystemsFueling SystemsDistributionConsolidated
Balance as of December 31, 2021$213.9 $70.7 $45.0 $329.6 
Acquisitions— — — — 
Adjustments to prior year acquisitions0.9 — (0.6)0.3 
Foreign currency translation(2.5)(0.3)— (2.8)
Balance as of June 30, 2022$212.3 $70.4 $44.4 $327.1