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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2012
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Other Intangible Assets
The following table sets forth information for the Company’s goodwill and intangible assets as of the dates indicated (in millions):
 
December 31, 2012
 
Weighted
Average
Amortization
Period
 
December 31, 2011
 
Weighted
Average
Amortization
Period
Amortizing intangible assets: (1)
 
 
 
 
 
 
 
Gross carrying amount
$
129.4

 
 
 
$
95.8

 
 
Less: accumulated amortization
(58.5
)
 
 
 
(51.3
)
 
 
Amortizing intangible assets, net
$
70.9

 
12 years
 
$
44.5

 
14 years
Non-amortizing intangible assets:
 
 
 
 
 
 
 
Trade names
$
34.9

 
 
 
$
34.9

 
 
Pre-qualifications
31.3

 
 
 
31.3

 
 
Non-amortizing intangible assets
66.2

 
 
 
66.2

 
 
Goodwill
$
820.3

 
 
 
$
714.8

 
 
Goodwill and other intangible assets
$
957.4

 
 
 
$
825.5

 
 
(1)Consists principally of customer relationships, backlog, trade names and non-compete agreements with finite lives.
See Note 4 - Discontinued Operations for information pertaining to goodwill and other intangible assets of discontinued operations.
Rollforward of Goodwill and Other Intangible Assets
The following table provides a reconciliation of changes in goodwill and other intangible assets for the years indicated (in millions):

 
 
Other Intangible Assets
 
 
 
Goodwill
 
Non-amortizing
 
Amortizing
 
Total
Balance as of December 31, 2010
$
525.6

 
$
34.9

 
$
36.0

 
$
596.5

Additions from new business combinations
177.4

 
31.3

 
22.4

 
$
231.1

Accruals of acquisition-related contingent consideration (a)
11.8

 


 


 
$
11.8

Amortization expense


 


 
(13.9
)
 
$
(13.9
)
Balance as of December 31, 2011
$
714.8

 
$
66.2

 
$
44.5

 
$
825.5

Additions from new business combinations
80.2

 
—

 
38.6

 
$
118.8

Accruals of acquisition-related contingent consideration (a)
25.5

 

 

 
$
25.5

Amortization expense

 

 
(12.2
)
 
$
(12.2
)
Currency translation
(0.2
)
 
—

 
—

 
$
(0.2
)
Balance as of December 31, 2012
$
820.3

 
$
66.2

 
$
70.9

 
$
957.4

(a)
Represents contingent consideration for acquisitions prior to January 1, 2009, which is only accrued as earned, in accordance with U.S. GAAP.
Rollforward of Goodwill by Segment
The following table provides a reconciliation of changes in goodwill by reportable segment for the years indicated (in millions):

Communications
 
Electrical
Transmission
 
Oil & Gas
 
Power
Generation & Industrial
 
Total Goodwill
Balance as of December 31, 2010
$
227.9

 
$
8.8

 
$
171.4

 
$
117.5

 
$
525.6

Additions from new business combinations
28.6

 
120.7

 
28.1

 
—

 
$
177.4

Accruals of acquisition-related contingent consideration (a)
1.5

 
—

 
10.3

 
—

 
$
11.8

Balance as of December 31, 2011
$
258.0

 
$
129.5

 
$
209.8

 
$
117.5

 
$
714.8

Additions from new business combinations
36.5

 
—

 
43.7

 
—

 
$
80.2

Accruals of acquisition-related contingent consideration (a)
7.7

 
—

 
17.8

 
—

 
$
25.5

Currency translation
—

 
—

 
(0.2
)
 
—

 
$
(0.2
)
Balance as of December 31, 2012
$
302.2

 
$
129.5

 
$
271.1

 
$
117.5

 
$
820.3

(a)
Represents contingent consideration for acquisitions prior to January 1, 2009, which is only accrued as earned, in accordance with U.S. GAAP.
See Note 16 - Segments and Operations by Geographic Area for details pertaining to the Company's reportable segments.
Schedule of Future Amortization Expense for Amortizing Assets
Information about estimated future amortization expense associated with amortizing intangible assets, including those associated with preliminary purchase price allocations, is summarized in the following table (in millions):
 
Amortization 
Expense
2013
$
16.4

2014
11.8

2015
9.0

2016
6.9

2017
5.3

Thereafter
21.5

Total
$
70.9