v3.26.1
GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in the Carrying Amount of Goodwill by Segment
The changes in the carrying amount of goodwill by segment were as follows:
 (dollars in millions)ElectronicsSpecialtiesTotal
Balance at December 31, 2025$1,315.5 $926.4 (1)$2,241.9 
Acquisitions (2)
129.2 163.6 292.8 
Foreign currency translation and other6.5 (3.8)2.7 
Balance at June 30, 2026$1,451.2 $1,086.2 $2,537.4 
(1) Includes accumulated impairment losses of $46.6 million.
(2) The Company completed the Micromax Acquisition and the EFC Acquisition on February 2, 2026 and January 2, 2026, respectively. See Note 2, Acquisitions, to the unaudited Condensed Consolidated Financial Statements for further information.
Schedule of Major Components of Intangible Assets
The major components of intangible assets, net were as follows:
 June 30, 2026December 31, 2025
 (dollars in millions)Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Customer relationships$1,091.3 $(494.6)$596.7 $876.8 $(532.9)$343.9 
Developed technology278.7 (160.0)118.7 313.3 (272.2)41.1 
Trade names194.0 (53.1)140.9 163.8 (46.4)117.4 
Reacquired distribution rights187.0 (38.4)148.6 187.0 (32.2)154.8 
Total$1,751.0 $(746.1)$1,004.9 $1,540.9 $(883.7)$657.2