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Goodwill and Purchased Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Gross Goodwill and Other Purchased Intangible Assets

(In millions)

 

Composite
Materials

 

 

Engineered
Products

 

 

Total

 

Balance as of December 31, 2021

 

$

93.4

 

 

$

174.1

 

 

$

267.5

 

Amortization expense

 

 

(1.8

)

 

 

(5.0

)

 

 

(6.8

)

Currency translation adjustments and other

 

 

(4.7

)

 

 

 

 

 

(4.7

)

Balance as of December 31, 2022

 

$

86.9

 

 

$

169.1

 

 

$

256.0

 

Amortization expense

 

 

(1.8

)

 

 

(5.0

)

 

 

(6.8

)

Currency translation adjustments and other

 

 

2.1

 

 

 

 

 

 

2.1

 

Balance as of December 31, 2023

 

$

87.2

 

 

$

164.1

 

 

$

251.3

 

Schedule of Amortization Related to Definite Lived Intangible Assets Amortization related to the definite lived intangible assets for the next five years and thereafter is as follows:

 

(In millions)

 

 

 

2024

 

$

6.5

 

2025

 

 

6.5

 

2026

 

 

6.5

 

2027

 

 

6.4

 

2028

 

 

5.5

 

Thereafter

 

 

27.1

 

Total

 

$

58.5