v3.25.2
Acquisitions, Goodwill, and Other Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Segment
The following table provides a reconciliation of changes in goodwill by reportable segment for the period indicated (in millions):
CommunicationsClean Energy and InfrastructurePower DeliveryPipeline InfrastructureTotal Goodwill
Goodwill, gross, as of December 31, 2024 (a)
$546.5 $742.3 $395.4 $629.2 $2,313.4 
Accumulated impairment loss (b)
— — — (110.3)(110.3)
Goodwill, net, as of December 31, 2024 (a)
$546.5 $742.3 $395.4 $518.9 $2,203.1 
Measurement period adjustments (c)
— 3.4 1.8 0.7 5.9 
Currency translation adjustments— — — 3.8 3.8 
Goodwill, net, as of June 30, 2025
$546.5 $745.7 $397.2 $523.4 $2,212.8 
(a)    Recast to reflect first quarter of 2025 segment changes. See Note 11 – Segments and Related Information for additional information.
(b)    Accumulated impairment loss includes the effects of currency translation gains and/or losses.
(c)    Measurement period adjustments represent adjustments, net, to preliminary estimates of fair value within the measurement period of up to one year from the date of acquisition.
Schedule of Finite-Lived Intangible Assets
The following table provides a reconciliation of changes in other intangible assets, net, for the period indicated (in millions):
Other Intangible Assets, Net
Customer Relationships and BacklogTrade Names
Other (a)
Total
Other intangible assets, gross, as of December 31, 2024
$1,057.6 $226.1 $76.5 $1,360.2 
Accumulated amortization(523.4)(63.1)(46.3)(632.8)
Other intangible assets, net, as of December 31, 2024
$534.2 $163.0 $30.2 $727.4 
Currency translation adjustments1.4 0.1 0.7 2.2 
Amortization expense(52.5)(10.3)(2.5)(65.3)
Other intangible assets, net, as of June 30, 2025
$483.1 $152.8 $28.4 $664.3 
(a)Consists principally of pre-qualifications and non-compete agreements.