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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets

The following table details amounts related to our goodwill and intangible assets as of December 31, 2019 and 2018:

 

 

 

 

 

December 31, 2019

 

 

December 31, 2018

 

 

 

Estimated

Useful Life

 

Gross

Carrying

Amount

 

 

Accumulated Amortization

 

 

Gross

Carrying

Amount

 

 

Accumulated Amortization

 

Amortizing intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

3-20 years

 

$

188.9

 

 

$

114.9

 

 

$

181.4

 

 

$

103.0

 

Developed technology

 

15 years

 

 

85.0

 

 

 

72.1

 

 

 

84.3

 

 

 

66.5

 

Trademarks and brand names

 

5-20 years

 

 

3.9

 

 

 

0.6

 

 

 

1.1

 

 

 

0.2

 

Other

 

Various

 

 

0.3

 

 

 

0.1

 

 

 

5.6

 

 

 

1.2

 

Total

 

 

 

$

278.1

 

 

$

187.7

 

 

$

272.4

 

 

$

170.9

 

Non-amortizing intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks and brand names

 

Indefinite

 

 

321.5

 

 

 

 

 

 

 

321.3

 

 

 

 

 

Total intangible assets

 

 

 

$

599.6

 

 

 

 

 

 

$

593.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

Indefinite

 

$

53.0

 

 

 

 

 

 

$

19.2

 

 

 

 

 

Schedule of Amortization Expense

 

 

2019

 

 

2018

 

 

2017

 

Amortization expense

 

$

19.9

 

 

$

15.1

 

 

$

14.6

 

 

Schedule of Expected Annual Amortization Expense

 

The expected annual amortization expense for the years 2020 through 2024 are as follows:

 

2020

 

$

18.6

 

2021

 

 

17.2

 

2022

 

 

11.1

 

2023

 

 

10.7

 

2024

 

 

10.3