GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2014

The impairment loss related to intangible assets by class and the applicable weighted average useful lives were as follows:



			Weighted Average Useful Lives
Customer relationships	$	48.0	16.2
Trademarks	19.6		12.7
Developed technology	6.1		6.3
Other	1.0		7.9
	$	74.7	13.0

The following table presents a summary of the activity in goodwill by reporting segment for the years ended December 31, 2014 and 2013:



	Dec. 31, 2012 ⁽¹⁾		Acquisitions (2)		Dec. 31, 2013 ⁽¹⁾		Acquisitions and Impairments ⁽²⁾			Dec. 31, 2014 ⁽¹⁾
	(Dollar amounts in millions)
Air Quality and Home Solutions (“AQH”):
Gross goodwill	$	156.8	$	—	$	156.8	$	—		$	156.8
Impairment losses	—		—		—		—			—
Net AQH goodwill	156.8		—		156.8		—			156.8
Security and Control Solutions (“SCS”):
Gross goodwill	15.8		65.1		80.9		—			80.9
Impairment losses	—		—		—		—			—
Net SCS goodwill	15.8		65.1		80.9		—			80.9
Ergonomic and Productivity Solutions (“ERG”):
Gross goodwill	131.4		—		131.4		—			131.4
Impairment losses	—		—		—		—			—
Net ERG goodwill	131.4		—		131.4		—			131.4
Residential and Commercial HVAC (“RCH”):
Gross goodwill	—		—		—		105.2			105.2
Impairment losses	—		—		—		—			—
Net RCH goodwill	—		—		—		105.2			105.2
Audio, Video and Control Solutions ("AVC")
Gross goodwill	3.6		0.8		4.4		—			4.4
Impairment losses	—		—		—		(4.4		)	(4.4		)
Net AVC goodwill	3.6		0.8		4.4		(4.4		)	—
Consolidated goodwill:
Gross goodwill	307.6		65.9		373.5		105.2			478.7
Impairment losses	—		—		—		(4.4		)	(4.4		)
Net consolidated goodwill	$	307.6	$	65.9	$	373.5	$	100.8		$	474.3


(1)	The CAS reporting unit did not have goodwill in any period presented.


(2)	Acquisition adjustments recorded during 2014 for the RCH segment relate to the acquisition of Reznor and Phoenix. Acquisition adjustments recorded during 2013 for the SCS and AVC segments relate to the acquisition of 2GIG and Gefen Distribution, respectively. See Note 2, “Acquisitions”.

The table that follows presents the Company's major components of intangible assets as of December 31, 2014 and 2013:



	Gross Carrying Amount		Accumulated Amortization			Net Intangible Assets		Weighted Average Remaining Useful Lives
	(Amounts in millions, except for useful lives)
December 31, 2014
Trademarks	$	179.8	$	(34.4	)	$	145.4	16.9
Developed technology	88.1		(29.1		)	59.0		7.0
Customer relationships	562.1		(128.8		)	433.3		12.3
Others	23.5		(18.6		)	4.9		1.4
	$	853.5	$	(210.9	)	$	642.6	12.8

December 31, 2013
Trademarks	$	164.8	$	(30.7	)	$	134.1	16.5
Developed technology	78.4		(23.8		)	54.6		9.0
Customer relationships	560.9		(108.7		)	452.2		13.6
Others	23.4		(15.4		)	8.0		3.4
	$	827.5	$	(178.6	)	$	648.9	13.7

As of December 31, 2014, the estimated future intangible asset amortization expense aggregated approximately $642.6 million as follows:



Year Ended December 31,	Annual Amortization Expense
	(Dollar amounts in millions)

2015	$	59.7
2016	56.0
2017	55.7
2018	55.4
2019	55.4
2020 and thereafter	360.4