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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2024
Goodwill and Other Intangible Assets  
Schedule of changes in the carrying amount of goodwill by segment

    

Harsh

    

Interconnect

    

 

Environment

Communications

and Sensor

 

Solutions

Solutions

Systems

Total

 

Goodwill at December 31, 2023

$

2,009.3

$

2,977.5

$

2,105.6

$

7,092.4

Acquisition-related

 

1.2

 

4.5

 

43.7

 

49.4

Foreign currency translation

 

(9.2)

 

(9.5)

 

(22.6)

 

(41.3)

Goodwill at March 31, 2024

$

2,001.3

$

2,972.5

$

2,126.7

$

7,100.5

Summary of the Company's amortizable intangible assets

Other than goodwill noted above, the Company’s intangible assets as of March 31, 2024 and December 31, 2023 were as follows:

March 31, 2024

December 31, 2023

Weighted

Gross

    

    

Net

    

Gross

    

    

Net

Average

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

Life (years)

Amount

Amortization

Amount

Amount

Amortization

Amount

Customer relationships

10

$

780.2

$

462.5

$

317.7

$

782.6

$

450.6

$

332.0

Proprietary technology

13

 

350.8

 

152.2

198.6

 

365.1

 

146.1

219.0

Backlog and other

1

 

99.4

 

99.4

 

114.1

 

99.4

14.7

Total intangible assets (definite-lived)

10

1,230.4

714.1

516.3

1,261.8

696.1

565.7

Trade names (indefinite-lived)

269.1

269.1

269.1

269.1

$

1,499.5

$

714.1

$

785.4

$

1,530.9

$

696.1

$

834.8

Summary of the Company's indefinite-lived intangible assets

Other than goodwill noted above, the Company’s intangible assets as of March 31, 2024 and December 31, 2023 were as follows:

March 31, 2024

December 31, 2023

Weighted

Gross

    

    

Net

    

Gross

    

    

Net

Average

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

Life (years)

Amount

Amortization

Amount

Amount

Amortization

Amount

Customer relationships

10

$

780.2

$

462.5

$

317.7

$

782.6

$

450.6

$

332.0

Proprietary technology

13

 

350.8

 

152.2

198.6

 

365.1

 

146.1

219.0

Backlog and other

1

 

99.4

 

99.4

 

114.1

 

99.4

14.7

Total intangible assets (definite-lived)

10

1,230.4

714.1

516.3

1,261.8

696.1

565.7

Trade names (indefinite-lived)

269.1

269.1

269.1

269.1

$

1,499.5

$

714.1

$

785.4

$

1,530.9

$

696.1

$

834.8