The following table summarizes the changes in the carrying value of goodwill in total and by reportable segment during the six months ended June 30, 2026:


	Material Handling			Construction Equipment			Master Distribution		Total
Balance, December 31, 2025	$	14.7		$	44.8		$	18.3	$	77.8
Divestiture		(0.3	)		—			—		(0.3	)
Translation adjustments		(0.1	)		(0.2	)		—		(0.3	)
Balance, June 30, 2026	$	14.3		$	44.6		$	18.3	$	77.2

Goodwill is tested for impairment by reporting unit annually or more frequently if events or circumstances indicate that an impairment may exist. There were no indicators of potential impairment during the three and six months ended June 30, 2026. See Note 15, Divestitures, for further information.


	June 30, 2026
	Weighted Average Remaining Life (in years)		Gross carrying amount		Accumulated amortization			Net carrying amount
Customer and supplier relationships		5.2	$	72.6	$	(35.6	)	$	37.0
Other intangibles		3.4		20.3		(12.1	)		8.2
Total		4.8	$	92.9	$	(47.7	)	$	45.2

	December 31, 2025
	Weighted Average Remaining Life (in years)		Gross carrying amount		Accumulated amortization			Net carrying amount
Customer and supplier relationships		5.6	$	72.9	$	(31.9	)	$	41.0
Other intangibles		3.0		17.7		(10.7	)		7.0
Total		5.0	$	90.6	$	(42.6	)	$	48.0

Amortization of intangible assets was $2.5 million for both the three months ended June 30, 2026 and 2025, and $5.1 million and $5.0 million for the six months ended June 30, 2026 and 2025, respectively.