XML 67 R45.htm IDEA: XBRL DOCUMENT v3.22.0.1
Business Combinations (Tables)
12 Months Ended
Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired In Business Combination
The following table summarizes the preliminary estimated fair value of the assets acquired in the L.A. Turbine acquisition at the acquisition date:
Net assets acquired:
Identifiable intangible assets$43.7 
Goodwill42.1
Other assets4.6
Property, plant and equipment2.6
Cash and cash equivalents1.4
Liabilities(16.4)
Net assets acquired$78.0 
Schedule of Identifiable Intangible Assets Acquired
Information regarding preliminary estimated identifiable intangible assets acquired in the L.A. Turbine acquisition is presented below:
Weighted-average Estimated Useful LifePreliminary Estimated Asset Fair Value
Finite-lived intangible assets acquired:
Unpatented technology14.5 years$33.4 
Customer relationships14.5 years1.5
Backlog2.5 years0.7
Other identifiable intangible assets (1)
3.4 years0.2
Total finite-lived intangible assets acquired14.2 years35.8
Indefinite-lived intangible assets acquired:
Trademarks and trade names7.9
Total intangible assets acquired$43.7 
_______________
(1)Other identifiable intangible assets is included in “Patents and other” in Note 9, “Goodwill and Intangible Assets.”
Schedule Of Changes In Contingent Consideration
The following table represents the changes to our contingent consideration liabilities:
SESBIGTotal
Balance at December 31, 2020 (1)
$16.9 $3.2 $20.1 
Increase (decrease) in fair value of contingent consideration liabilities2.2(1.1)1.1 
Balance at December 31, 2021$19.1 $2.1 $21.2 
_______________
(1)For the year ended December 31, 2020, the fair value of contingent consideration liabilities was unchanged.