| 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 | — | | | (4.1) | | | (4.1) | | | Balance at September 30, 2026 | $ | 338.8 | | | $ | 114.3 | | | $ | 453.1 | |
Intangible Assets, net The following tables summarize our identifiable intangible assets, net with definite and indefinite useful lives: | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2026 | | Remaining Weighted-Average Useful Life (Years) | | Gross Carrying Amount | | Accumulated Amortization | | Net | | Customer/distributor relationships | 8 | | $ | 201.9 | | | $ | (98.5) | | | $ | 103.4 | | | Patented/unpatented technology | 4 | | 171.7 | | | (113.4) | | | 58.3 | | | Intellectual property | 5 | | 0.5 | | | (0.3) | | | 0.2 | | | Total definite-lived intangible assets | 6 | | 374.1 | | | (212.2) | | | 161.9 | | | Trademarks/tradenames with indefinite lives | | | 106.2 | | | — | | | 106.2 | | | Identifiable intangible assets, net | | | $ | 480.3 | | | $ | (212.2) | | | $ | 268.1 | |
| | | | | | | | | | | | | | | | | | | | | | | | | 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 September 30, 2026: | | | | | | | | | | Year | | Amount | | 2026 (Remaining three months) | | $ | 7.1 | | | 2027 | | 28.4 | | | 2028 | | 28.4 | | | 2029 | | 25.0 | | | 2030 | | 22.5 | | | Thereafter | | 50.5 | | | | $ | 161.9 | |
Amortization expense was $7.1 million and $7.2 million in the third quarter of 2026 and 2025, respectively, and $21.5 million and $21.6 million for the nine months ended September 30, 2026 and 2025, respectively.
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