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Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2013
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):
 
June 30,
2013
 
December 31,
2012
Amortizing intangible assets: (1)
 
 
 
Gross carrying amount
$
141.2

 
$
129.4

Less: accumulated amortization
(67.0
)
 
(58.5
)
Amortizing intangible assets, net
$
74.2

 
$
70.9

Non-amortizing intangible assets:
 
 
 
Trade names
$
34.9

 
$
34.9

Pre-qualifications
59.6

 
31.3

Non-amortizing intangible assets
$
94.5

 
$
66.2

Goodwill
$
860.2

 
$
826.1

Goodwill and other intangible assets
$
1,028.9

 
$
963.2

(1)Consists principally of customer relationships, backlog, trade names and non-compete agreements with finite lives.
Rollforward of Goodwill and Other Intangible Assets
The following table provides a reconciliation of changes in goodwill and other intangible assets for the periods indicated (in millions):

 
 
Other Intangible Assets
 
 
 
Goodwill
 
Non-amortizing
 
Amortizing
 
Total
Balance as of December 31, 2011
$
714.8

 
$
66.2

 
$
44.5

 
$
825.5

Accruals of acquisition-related contingent consideration (a)
$
3.5

 
 
 
 
 
3.5

Amortization expense
 
 
 
 
(5.7
)
 
(5.7
)
Balance as of June 30, 2012
$
718.3

 
$
66.2

 
$
38.8

 
$
823.3

 
 
 
 
 
 
 
 
Balance as of December 31, 2012
$
826.1

 
$
66.2

 
$
70.9

 
$
963.2

Additions from new business combinations
36.8

 
29.6

 
13.2

 
79.6

Accruals of acquisition-related contingent consideration (a)
—

 
 
 
 
 
—

Amortization expense
 
 
 
 
(9.4
)
 
(9.4
)
Currency translation adjustments
(2.7
)
 
(1.3
)
 
(0.5
)
 
(4.5
)
Balance as of June 30, 2013
$
860.2

 
$
94.5

 
$
74.2

 
$
1,028.9

(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 periods indicated (in millions):

Communications
 
Electrical
Transmission
 
Oil and Gas
 
Power
Generation and Industrial
 
Total Goodwill
Balance as of December 31, 2011
$
258.0

 
$
129.5

 
$
209.7

 
$
117.6

 
$
714.8

Accruals of acquisition-related contingent consideration (a)
—

 
—

 
3.5

 
—

 
3.5

Balance as of June 30, 2012
$
258.0

 
$
129.5

 
$
213.2

 
$
117.6

 
$
718.3

 
 
 
 
 
 
 
 
 
 
Balance as of December 31, 2012
$
305.8

 
$
129.5

 
$
273.2

 
$
117.6

 
$
826.1

Additions from new business combinations
5.4

 
—

 
31.4

 
—

 
36.8

Currency translation adjustments
—

 
—

 
(2.7
)
 
—

 
(2.7
)
Balance as of June 30, 2013
$
311.2

 
$
129.5

 
$
301.9

 
$
117.6

 
$
860.2

(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.