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Goodwill & Intangibles (Tables)
6 Months Ended
Jun. 26, 2022
Goodwill & Intangibles  
Changes in the carrying amount of goodwill by geographic segment

Gross Balance

Accumulated Impairment Losses

Foreign Currency Translation

Net Goodwill

Acquired

January 1,

Balance

During

Balance

Balance

Impairment

Balance

2022 -

January 1,

the

June 26,

January 1,

Loss During

June 26,

June 26,

June 26,

    

2022

      

Period

     

2022

      

2022

      

the Period

      

2022

     

2022

      

2022

(in millions)

Americas

$

490.9

$

$

490.9

$

(24.5)

$

$

(24.5)

$

(0.2)

$

466.2

Europe

 

242.9

 

 

242.9

 

(129.7)

 

 

(129.7)

 

(8.1)

 

105.1

APMEA

 

34.0

 

 

34.0

 

(12.9)

 

 

(12.9)

 

(1.5)

 

19.6

Total

$

767.8

$

$

767.8

$

(167.1)

$

$

(167.1)

$

(9.8)

$

590.9

Schedule of Intangible assets

June 26, 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

 

237.0

 

(176.8)

 

60.2

 

237.5

 

(173.1)

 

64.4

Technology

 

57.4

 

(42.7)

 

14.7

 

58.6

 

(40.7)

 

17.9

Trade names

 

26.6

 

(17.4)

 

9.2

 

26.8

 

(16.9)

 

9.9

Other

 

4.3

 

(3.8)

 

0.5

 

4.3

 

(3.8)

 

0.5

Total amortizable intangibles

 

341.4

 

(256.8)

 

84.6

 

343.3

 

(250.6)

 

92.7

Indefinite-lived intangible assets

 

34.8

 

 

34.8

 

35.9

 

 

35.9

$

376.2

$

(256.8)

$

119.4

$

379.2

$

(250.6)

$

128.6