| Goodwill and Intangible Assets, net Goodwill The following table shows our goodwill balances by reportable segment: | | | | | | | | | | | | | | | | | | | | North America | | Europe/Asia | | Total | | Balance at December 31, 2025 | $ | 338.8 | | | $ | 118.4 | | | $ | 457.2 | | | Currency translation | — | | | (3.2) | | | (3.2) | | | Balance at June 30, 2026 | $ | 338.8 | | | $ | 115.2 | | | $ | 454.0 | |
Intangible Assets, net The following tables summarize our identifiable intangible assets, net with definite and indefinite useful lives: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Remaining Weighted-Average Useful Life (Years) | | Gross Carrying Amount | | Accumulated Amortization | | Net | | Customer/distributor relationships | 8 | | $ | 202.7 | | | $ | (95.6) | | | $ | 107.1 | | | Patented/unpatented technology | 4 | | 171.8 | | | (109.7) | | | 62.1 | | | Intellectual property | 5 | | 0.5 | | | (0.3) | | | 0.2 | | | Total definite-lived intangible assets | 7 | | 375.0 | | | (205.6) | | | 169.4 | | | Trademarks/tradenames with indefinite lives | | | 106.2 | | | — | | | 106.2 | | | Identifiable intangible assets, net | | | $ | 481.2 | | | $ | (205.6) | | | $ | 275.6 | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Remaining Weighted-Average Useful Life (Years) | | Gross Carrying Amount | | Accumulated Amortization | | Net | | Customer/distributor relationships | 8 | | $ | 206.0 | | | $ | (90.2) | | | $ | 115.8 | | | Patented/unpatented technology | 5 | | 171.8 | | | (102.2) | | | 69.6 | | | Intellectual property | 5 | | 0.5 | | | (0.3) | | | 0.2 | | | Total definite-lived intangible assets | 7 | | 378.3 | | | (192.7) | | | 185.6 | | | Trademarks/tradenames with indefinite lives | | | 106.2 | | | — | | | 106.2 | | | Identifiable intangible assets, net | | | $ | 484.5 | | | $ | (192.7) | | | $ | 291.8 | |
The following table shows the remaining estimated amortization expense for our definite-lived intangible assets at June 30, 2026: | | | | | | | | | | Year | | Amount | | 2026 (Remaining six months) | | $ | 14.2 | | | 2027 | | 28.4 | | | 2028 | | 28.4 | | | 2029 | | 25.1 | | | 2030 | | 22.6 | | | Thereafter | | 50.7 | | | | | $ | 169.4 | |
Amortization expense was $7.2 million and $7.1 million in the second quarter of 2026 and 2025, respectively, and $14.4 million and $14.4 million, for the six months ended June 30, 2026 and 2025, respectively.
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