Intangible Assets (Details) - USD ($) $ in Millions |
3 Months Ended | ||
|---|---|---|---|
Mar. 31, 2024 |
Mar. 31, 2023 |
Dec. 31, 2023 |
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| Finite-lived intangible assets, gross | $ 2,803.0 | $ 2,804.0 | |
| Accumulated amortization | (2,014.1) | (1,974.5) | |
| Net finite-lived intangible assets | 788.9 | 829.5 | |
| Intangible Assets, Gross (Excluding Goodwill) | 5,405.0 | 5,414.3 | |
| Intangible assets, net | 3,390.9 | 3,439.8 | |
| Amortization of intangible assets | 44.9 | $ 34.9 | |
| Trademarks [Member] | |||
| Trademarks (indefinite-lived) | 2,602.0 | 2,610.3 | |
| Customer Relationships [Member] | |||
| Finite-lived intangible assets, gross | 2,377.9 | 2,384.4 | |
| Accumulated amortization | (1,765.8) | (1,731.4) | |
| Net finite-lived intangible assets | 612.1 | 653.0 | |
| Other Intangible Assets [Member] | |||
| Finite-lived intangible assets, gross | 425.1 | 419.6 | |
| Accumulated amortization | (248.3) | (243.1) | |
| Net finite-lived intangible assets | $ 176.8 | $ 176.5 | |
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of assets, excluding financial assets and goodwill, lacking physical substance and having a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount before accumulated amortization of intangible assets, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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