v3.26.1
Goodwill and Other Identifiable Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Amount of Goodwill by Segment
The changes in the carrying amount of goodwill by reportable segment were as follows:
In millionsDecember 31,
2025
Acquisitions/
divestitures
Foreign currency
translation/other
June 30,
2026
Systems Protection$1,202.4 $1.3 $(4.0)$1,199.7 
Electrical Connections1,475.6 1.0 — 1,476.6 
Total goodwill$2,678.0 $2.3 $(4.0)$2,676.3 
Schedule of Finite-Lived Intangible Assets
Identifiable intangible assets consisted of the following:
 June 30, 2026December 31, 2025
In millionsCostAccumulated
amortization
NetCostAccumulated
amortization
Net
Definite-life intangibles
Customer relationships$1,902.1 $(599.0)$1,303.1 $1,904.0 $(551.5)$1,352.5 
Proprietary technologies and patents112.1 (38.7)73.4 111.8 (31.8)80.0 
Other definite-lived intangible assets139.5 (90.3)49.2 139.5 (63.1)76.4 
Total definite-life intangibles2,153.7 (728.0)1,425.7 2,155.3 (646.4)1,508.9 
Indefinite-life intangibles
Trade names367.6 — 367.6 367.6 — 367.6 
Total intangibles$2,521.3 $(728.0)$1,793.3 $2,522.9 $(646.4)$1,876.5 
Schedule of Indefinite-Lived Intangible Assets
Identifiable intangible assets consisted of the following:
 June 30, 2026December 31, 2025
In millionsCostAccumulated
amortization
NetCostAccumulated
amortization
Net
Definite-life intangibles
Customer relationships$1,902.1 $(599.0)$1,303.1 $1,904.0 $(551.5)$1,352.5 
Proprietary technologies and patents112.1 (38.7)73.4 111.8 (31.8)80.0 
Other definite-lived intangible assets139.5 (90.3)49.2 139.5 (63.1)76.4 
Total definite-life intangibles2,153.7 (728.0)1,425.7 2,155.3 (646.4)1,508.9 
Indefinite-life intangibles
Trade names367.6 — 367.6 367.6 — 367.6 
Total intangibles$2,521.3 $(728.0)$1,793.3 $2,522.9 $(646.4)$1,876.5 
Estimated Future Amortization Expense for Identifiable Intangible Assets
Estimated future amortization expense for identifiable intangible assets during the remainder of 2026 and the next five years is as follows:
 Q3-Q4     
In millions202620272028202920302031
Estimated amortization expense$71.7 $136.3 $110.9 $110.9 $107.8 $105.6