Goodwill and other intangible assets

3 Months Ended

Mar. 28, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and other intangible assets

Goodwill and other intangible assets

The following table provides information relating to changes in the carrying amount of goodwill by reportable operating segment for the three months ended March 28, 2021:

	Americas		EMEA		Asia		OEM		Total
December 31, 2020	$	1,700,282	$	536,228	$	237,446	$	112,010	$	2,585,966
Currency translation adjustment	(746)		(15,442)		(3,904)		—		(20,092)
March 28, 2021	$	1,699,536	$	520,786	$	233,542	$	112,010	$	2,565,874

The gross carrying amount of, and accumulated amortization relating to, intangible assets as of March 28, 2021 and December 31, 2020 were as follows:

	Gross Carrying Amount				Accumulated Amortization
	March 28, 2021		December 31, 2020		March 28, 2021		December 31, 2020
Customer relationships	$	1,373,922	$	1,377,943	$	(439,068)	$	(425,692)
In-process research and development	28,969		29,627		—		—
Intellectual property	1,456,085		1,458,924		(500,282)		(479,612)
Distribution rights	23,673		23,866		(20,284)		(20,280)
Trade names	615,816		619,847		(69,533)		(65,955)
Non-compete agreements	23,789		24,592		(22,843)		(23,514)
	$	3,522,254	$	3,534,799	$	(1,052,010)	$	(1,015,053)