v3.24.3
Goodwill and other intangible assets, net (Tables)
 9 Months Ended
Sep. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table provides information relating to changes in the carrying amount of goodwill by reportable operating segment for the nine months ended September 29, 2024:
 AmericasEMEAAsiaOEMTotal
December 31, 2023$2,068,072 $487,744 $246,229 $112,010 $2,914,055 
Goodwill related to acquisitions(1,953)— — — (1,953)
Currency translation adjustment(3,872)7,281 3,051 — 6,460 
September 29, 2024$2,062,247 $495,025 $249,280 $112,010 $2,918,562 
Schedule of Finite-Lived Intangible Assets
The gross carrying amount of, and accumulated amortization relating to, intangible assets as of September 29, 2024 and December 31, 2023 were as follows:
 Gross Carrying AmountAccumulated Amortization
 September 29, 2024December 31, 2023September 29, 2024December 31, 2023
Customer relationships$1,362,046 $1,363,839 $(610,061)$(561,753)
In-process research and development23,666 27,476 — — 
Intellectual property1,872,243 1,890,957 (834,835)(745,094)
Distribution rights23,360 23,301 (22,687)(22,048)
Trade names607,163 610,146 (95,790)(84,864)
Non-compete agreements21,930 21,934 (21,930)(21,934)
 
$3,910,408 $3,937,653 $(1,585,303)$(1,435,693)