Intangible Assets (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | |||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
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Finite-lived intangible assets, gross | $ 2,956.6 | $ 2,956.6 | $ 2,841.5 | ||
Accumulated amortization | (2,257.6) | (2,257.6) | (2,142.5) | ||
Net finite-lived intangible assets | 699.0 | 699.0 | 699.0 | ||
Intangible Assets, Gross (Excluding Goodwill) | 5,566.5 | 5,566.5 | 5,450.7 | ||
Intangible assets, net | 3,308.9 | 3,308.9 | 3,308.2 | ||
Amortization of intangible assets | 45.2 | $ 44.8 | 92.3 | $ 89.7 | |
Trademarks [Member] | |||||
Trademarks (indefinite-lived) | 2,609.9 | 2,609.9 | 2,609.2 | ||
Customer Relationships [Member] | |||||
Finite-lived intangible assets, gross | 2,451.4 | 2,451.4 | 2,418.4 | ||
Accumulated amortization | (1,966.0) | (1,966.0) | (1,875.4) | ||
Net finite-lived intangible assets | 485.4 | 485.4 | 543.0 | ||
Other Intangible Assets [Member] | |||||
Finite-lived intangible assets, gross | 505.2 | 505.2 | 423.1 | ||
Accumulated amortization | (291.6) | (291.6) | (267.1) | ||
Net finite-lived intangible assets | $ 213.6 | $ 213.6 | $ 156.0 |
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before accumulated amortization of intangible assets, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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