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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill and other intangible assets
Goodwill and other intangible assets, net of accumulated amortization, as of December 31, 2021 and 2020 are as follows (in millions):
20212020
Goodwill$391.3 $397.3 
Other intangible assets, net646.2 686.4 
Total goodwill and other intangible assets, net$1,037.5 $1,083.7 
Schedule of changes in carrying amount of goodwill
There were no material additions to goodwill and other intangible assets in 2021 and 2020. The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2021 and 2020 were as follows (in millions):
ORV/SnowmobilesMotorcyclesGlobal Adjacent MarketsAftermarketBoatsTotal
Goodwill$72.9 $5.2 $92.1 $270.3 $227.1 $667.6 
Accumulated goodwill impairment losses— — — (270.3)— (270.3)
Balance as of December 31, 2020$72.9 $5.2 $92.1 $— $227.1 $397.3 
Currency translation effect on foreign goodwill balances0.1 — (6.1)— — (6.0)
Goodwill$73.0 $5.2 $86.0 $270.3 $227.1 $661.6 
Accumulated goodwill impairment losses— — — (270.3)— (270.3)
Balance as of December 31, 2021$73.0 $5.2 $86.0 $— $227.1 $391.3 
ORV/SnowmobilesMotorcyclesGlobal Adjacent MarketsAftermarketBoatsTotal
Goodwill$72.0 $5.2 $85.2 $270.4 $227.1 $659.9 
Accumulated goodwill impairment losses— — — — — — 
Balance as of December 31, 2019$72.0 $5.2 $85.2 $270.4 $227.1 $659.9 
Impairments— — — (270.3)— (270.3)
Currency translation effect on foreign goodwill balances0.9 — 6.9 (0.1)— 7.7 
Goodwill$72.9 $5.2 $92.1 $270.3 $227.1 $667.6 
Accumulated goodwill impairment losses— — — (270.3)— (270.3)
Balance as of December 31, 2020$72.9 $5.2 $92.1 $— $227.1 $397.3 
Schedule of other intangible assets, changes in net carrying amount
For other intangible assets, the changes in the net carrying amount for the years ended December 31, 2021 and 2020 are as follows (in millions):
20212020
Gross
Amount
Accumulated
Amortization
Gross
Amount
Accumulated
Amortization
Other intangible assets, beginning $807.1 $(120.7)$956.8 $(126.5)
Intangible assets disposed of during the period(25.8)20.7 (41.7)41.7 
Amortization expense — (34.0)— (36.1)
Impairments— — (108.9)— 
Currency translation effect on foreign balances(1.1)— 0.9 0.2 
Other intangible assets, ending $780.2 $(134.0)$807.1 $(120.7)
Schedule of components of other intangible assets
The components of other intangible assets were as follows (in millions):
December 31, 2021Weighted-average useful life (years)Gross Carrying
Amount
Accumulated
Amortization
Net
Non-compete agreements
4$2.6 $(2.3)$0.3 
Dealer/customer related
17437.6 (121.9)315.7 
Developed technology
59.9 (9.8)0.1 
Total amortizable
17450.1 (134.0)316.1 
Non-amortizable—brand/trade names
330.1 — 330.1 
Total other intangible assets, net
$780.2 $(134.0)$646.2 
December 31, 2020Weighted-average useful life (years)Gross Carrying
Amount
Accumulated
Amortization
Net
Non-compete agreements4$2.6 $(1.6)$1.0 
Dealer/customer related
17460.3 (110.8)349.5 
Developed technology
59.9 (8.3)1.6 
Total amortizable
16472.8 (120.7)352.1 
Non-amortizable—brand/trade names
334.3 — 334.3 
Total other intangible assets, net
$807.1 $(120.7)$686.4