
	Engineered Products		Clean Energy & Fueling		Imaging & Identification		Pumps & Process Solutions		Climate & Sustainability Technologies		Total
Balance at January 1, 2026	$	430,807	$	1,759,039	$	1,119,608	$	1,607,260	$	513,324	$	5,430,038

Measurement period adjustments	—		—		—		5,592		—		5,592

Foreign currency translation	(5,035)		(18,838)		(14,752)		(19,539)		(802)		(58,966)
Balance at June 30, 2026	$	425,772	$	1,740,201	$	1,104,856	$	1,593,313	$	512,522	$	5,376,664

During the six months ended June 30, 2026, the Company recognized measurement period adjustments of $5,592 related to the Sikora acquisition in the second quarter of 2025 in the Pumps & Process Solutions segment.

The Company’s definite-lived and indefinite-lived intangible assets by major asset class were as follows:


	June 30, 2026						December 31, 2025
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortized intangible assets:
Customer intangibles	$	2,634,594	$	1,431,499	$	1,203,095	$	2,663,551	$	1,369,528	$	1,294,023
Trademarks	307,912		187,348		120,564		311,501		180,564		130,937
Patents	195,994		151,422		44,572		197,671		148,694		48,977
Unpatented technologies	363,957		213,845		150,112		369,832		203,960		165,872
Distributor relationships	83,966		76,759		7,207		85,840		75,919		9,921

Other	35,019		14,690		20,329		28,301		15,147		13,154
Total	3,621,442		2,075,563		1,545,879		3,656,696		1,993,812		1,662,884
Unamortized intangible assets:
Trademarks	96,638		—		96,638		96,732		—		96,732
Total intangible assets, net	$	3,718,080	$	2,075,563	$	1,642,517	$	3,753,428	$	1,993,812	$	1,759,616

For the three months ended June 30, 2026 and 2025, amortization expense was $53,449 and $51,226, respectively. For the six months ended June 30, 2026 and 2025, amortization expense was $107,152 and $99,975, respectively. Amortization expense is primarily comprised of acquisition-related intangible amortization.