Goodwill and Other Intangible Assets, net (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill

Changes in the carrying values of goodwill for the three months ended March 31, 2024, by segment, were as follows (in millions):

	Segment
	Utility Solutions		Electrical Solutions		Total
BALANCE AT DECEMBER 31, 2023	$	1,897.5	$	635.9	$	2,533.4
Prior year acquisitions(1)	4.8		—		4.8
Foreign currency translation	(4.2)		(1.3)		(5.5)
BALANCE AT MARCH 31, 2024	$	1,898.1	$	634.6	$	2,532.7

 (1) Refer to Note 2 - Business Acquisitions for additional information.

Schedule of Intangible Assets

The carrying value of other intangible assets included in Other intangible assets, net in the Condensed Consolidated Balance Sheets is as follows (in millions):

	March 31, 2024				December 31, 2023
	Gross Amount		Accumulated Amortization		Gross Amount		Accumulated Amortization
Definite-lived:
Patents, tradenames and trademarks	$	233.3	$	(87.4)	$	233.7	$	(84.8)
Customer relationships, developed technology and other	1,510.0		(524.8)		1,513.1		(500.1)
TOTAL DEFINITE-LIVED INTANGIBLES	$	1,743.3	$	(612.2)	$	1,746.8	$	(584.9)
Indefinite-lived:
Tradenames and other	34.0		—		34.1		—
TOTAL OTHER INTANGIBLE ASSETS	$	1,777.3	$	(612.2)	$	1,780.9	$	(584.9)