Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

The carrying amount of goodwill attributable to each operating segment and the changes in those balances during the year ended December 31, 2013, are as follows:



(In millions)	Grace Catalysts Technologies		Grace Materials Technologies		Grace Construction Products			Total Grace
Balance, December 31, 2012	$	39.5	$	40.5	$	116.7		$	196.7
Goodwill acquired during the year	253.2		—		9.7			262.9
Foreign currency translation/other adjustments	0.7		0.7		(3.5		)	(2.1		)
Balance, December 31, 2013	$	293.4	$	41.2	$	122.9		$	457.5

Grace's net book value of other intangible assets at December 31, 2013 and 2012, was $315.5 million and $82.7 million, respectively, detailed as follows:



	As of December 31, 2013
(In millions)	Gross Carrying Amount		Accumulated Amortization
Technology	$	260.0	$	37.8
Customer lists	94.9		43.7
Trademarks	36.9		14.0
Other	22.4		3.2
Total	$	414.2	$	98.7



	As of December 31, 2012
(In millions)	Gross Carrying Amount		Accumulated Amortization
Customer lists	$	81.6	$	37.9
Technology	54.6		32.6
Trademarks	24.6		12.2
Other	8.8		4.2
Total	$	169.6	$	86.9

Total indefinite-lived trademarks, included above, at December 31, 2013 and 2012, were $4.9 million and $4.8 million, respectively. Amortization expense related to intangible assets amounted to $12.7 million, $10.7 million, and $10.0 million in 2013, 2012, and 2011, respectively.

At December 31, 2013, estimated future annual amortization expenses for intangible assets are:



	(In millions)
2014	$	24.0
2015	22.4
2016	18.6
2017	17.3
2018	17.0
Thereafter	211.3
Total estimated amortization expenses	$	310.6

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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