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Goodwill & Intangibles (Tables)
3 Months Ended
Mar. 27, 2022
Goodwill & Intangibles  
Changes in the carrying amount of goodwill by geographic segment

March 27, 2022

Gross Balance

Accumulated Impairment Losses

Net Goodwill

Acquired

Foreign

Balance

During

Currency

Balance

Balance

Impairment

Balance

January 1,

the

Translation

March 27,

January 1,

Loss During

March 27,

March 27,

    

2022

      

Period

     

and Other

      

2022

      

2022

      

the Period

     

2022

      

2022

(in millions)

Americas

$

490.9

$

0.1

$

491.0

$

(24.5)

$

(24.5)

$

466.5

Europe

 

242.9

 

 

(3.5)

 

239.4

 

(129.7)

 

 

(129.7)

 

109.7

APMEA

 

34.0

 

 

0.4

 

34.4

 

(12.9)

 

 

(12.9)

 

21.5

Total

$

767.8

$

(3.0)

$

764.8

$

(167.1)

$

(167.1)

$

597.7

December 31, 2021

Gross Balance

Accumulated Impairment Losses

Net Goodwill

Acquired

Foreign

Balance

During

Currency

Balance

Balance

Impairment

Balance

January 1,

the

Translation

December 31,

January 1,

Loss During

December 31,

December 31,

    

2021

    

Period

    

and Other

    

2021

    

2021

    

the Period

    

2021

    

2021

(in millions)

Americas

$

482.5

$

8.4

$

$

490.9

$

(24.5)

$

$

(24.5)

$

466.4

Europe

 

252.1

 

 

(9.2)

 

242.9

 

(129.7)

 

 

(129.7)

 

113.2

APMEA

 

34.9

 

 

(0.9)

 

34.0

 

(12.9)

 

 

(12.9)

 

21.1

Total

$

769.5

$

8.4

$

(10.1)

$

767.8

$

(167.1)

$

$

(167.1)

$

600.7

Schedule of Intangible assets

March 27, 2022

December 31, 2021

Gross

Net

Gross

Net

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

    

Amount

    

Amortization

    

Amount

    

Amount

    

Amortization

    

Amount

(in millions)

Patents

$

16.1

$

(16.1)

$

$

16.1

$

(16.1)

$

Customer relationships

 

237.7

 

(175.0)

 

62.7

 

237.5

 

(173.1)

 

64.4

Technology

 

57.4

 

(41.8)

 

15.6

 

58.6

 

(40.7)

 

17.9

Trade names

 

26.8

 

(17.2)

 

9.6

 

26.8

 

(16.9)

 

9.9

Other

 

4.3

 

(3.8)

 

0.5

 

4.3

 

(3.8)

 

0.5

Total amortizable intangibles

 

342.3

 

(253.9)

 

88.4

 

343.3

 

(250.6)

 

92.7

Indefinite-lived intangible assets

 

35.4

 

 

35.4

 

35.9

 

 

35.9

$

377.7

$

(253.9)

$

123.8

$

379.2

$

(250.6)

$

128.6