Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The following table summarizes the changes in the carrying amount of goodwill for the nine months ended September 30, 2022:

(in millions)	Total
Beginning balance	$	239.2
Translation adjustments	(2.7)
Ending balance	$	236.5

Schedule of Amortizable Intangible Assets

The following summarizes the amounts reported as intangible assets:

(in millions)	Gross Carrying Amount		Accumulated Amortization		Net
At September 30, 2022
Purchased licenses and technologies	$	612.4	$	(241.6)	$	370.8
Total intangible assets	$	612.4	$	(241.6)	$	370.8

(in millions)	Gross Carrying Amount		Accumulated Amortization		Net
At December 31, 2021
Purchased licenses and technologies	$	616.6	$	(212.5)	$	404.1
Total intangible assets	$	616.6	$	(212.5)	$	404.1

Schedule of Non-amortizable Intangible Assets

The following summarizes the amounts reported as intangible assets:

(in millions)	Gross Carrying Amount		Accumulated Amortization		Net
At September 30, 2022
Purchased licenses and technologies	$	612.4	$	(241.6)	$	370.8
Total intangible assets	$	612.4	$	(241.6)	$	370.8

(in millions)	Gross Carrying Amount		Accumulated Amortization		Net
At December 31, 2021
Purchased licenses and technologies	$	616.6	$	(212.5)	$	404.1
Total intangible assets	$	616.6	$	(212.5)	$	404.1

Schedule of Recorded Amortization Expense for Intangible Assets

The Company recorded amortization expense during the respective periods for these intangible assets as follows:

	Three months ended September 30,				Nine months ended September 30,
(in millions)	2022		2021		2022		2021
Amortization of intangible assets	$	10.2	$	11.6	$	30.5	$	40.6