v3.25.1
Goodwill and Other Intangible Assets, net (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill
Changes in the carrying values of goodwill for the three months ended March 31, 2025, by segment, were as follows (in millions):
 Segment 
 Utility SolutionsElectrical SolutionsTotal
BALANCE AT DECEMBER 31, 2024$1,868.4 $632.4 $2,500.8 
Current year acquisitions(1)
— 39.6 39.6 
Foreign currency translation 7.1 1.3 8.4 
BALANCE AT MARCH 31, 2025$1,875.5 $673.3 $2,548.8 
 (1) Refer to Note 2 - Business Acquisitions for additional information.
Schedule of Other Intangible Assets
The carrying value of other intangible assets included in Other intangible assets, net in the Condensed Consolidated Balance Sheets is as follows (in millions):
 March 31, 2025December 31, 2024
 Gross AmountAccumulated
Amortization
Gross AmountAccumulated
Amortization
Definite-lived:    
Patents, tradenames and trademarks$235.5 $(98.1)$232.4 $(95.2)
Customer relationships, developed technology and other1,545.0 (625.0)1,511.4 (602.0)
TOTAL DEFINITE-LIVED INTANGIBLES$1,780.5 $(723.1)$1,743.8 $(697.2)
Indefinite-lived:  
Tradenames and other33.4 — 33.4 — 
TOTAL OTHER INTANGIBLE ASSETS$1,813.9 $(723.1)$1,777.2 $(697.2)