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Goodwill and Purchased Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Gross Goodwill and Other Purchased Intangible Assets

Changes in the carrying amount of gross goodwill and other purchased intangibles for the years ended December 31, 2020 and 2019, by segment, are as follows:

 

(In millions)

 

Composite

Materials

 

 

Engineered

Products

 

 

Total

 

Balance as of December 31, 2018

 

$

98.2

 

 

$

44.1

 

 

$

142.3

 

Amortization expense

 

 

(2.0

)

 

 

(4.9

)

 

 

(6.9

)

Additions

 

 

 

 

 

145.1

 

 

 

145.1

 

Currency translation adjustments and other

 

 

 

 

 

(0.1

)

 

 

(0.1

)

Balance as of December 31, 2019

 

$

96.2

 

 

$

184.2

 

 

$

280.4

 

Amortization expense

 

 

(1.9

)

 

 

(5.0

)

 

 

(6.9

)

Currency translation adjustments and other

 

 

4.4

 

 

 

(0.1

)

 

 

4.3

 

Balance as of December 31, 2020

 

$

98.7

 

 

$

179.1

 

 

$

277.8

 

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)

 

 

 

2021

 

$

7.0

 

2022

 

 

7.0

 

2023

 

 

7.0

 

2024

 

 

6.7

 

2025

 

 

6.7

 

Thereafter

 

 

41.0

 

Total

 

$

75.4