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Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS
GOODWILL AND INTANGIBLE ASSETS
Goodwill
The changes in the carrying amount of goodwill by segment were as follows:
 (amounts in millions)
Performance
Solutions
 
Agricultural Solutions
 
Total
Balance at December 31, 2017
 
 
 
 
 
Goodwill
$
2,299.2

 
$
2,108.6

 
$
4,407.8

Accumulated impairment losses
(46.6
)
 
(160.0
)
 
(206.6
)
 
2,252.6

 
1,948.6

 
4,201.2

Additions from acquisitions
10.6

 
9.5

 
20.1

Foreign currency translation and other
(44.8
)
 
(132.7
)
 
(177.5
)
Balance at June 30, 2018
 
 
 
 
 
Goodwill
2,265.0

 
1,985.4

 
4,250.4

Accumulated impairment losses
(46.6
)
 
(160.0
)
 
(206.6
)
 
$
2,218.4

 
$
1,825.4

 
$
4,043.8

In May 2018, the Company completed the acquisitions of HiTech Korea Co., Ltd within its Performance Solutions segment and Etec Crop Solutions Limited within its Agricultural Solutions segment for approximately $50.0 million in aggregate. The impact of these acquisitions on the Company's results of operations was not material.
Indefinite-Lived Intangible Assets
The carrying value of indefinite-lived intangible assets other than goodwill, which consisted solely of tradenames, was $367 million and $386 million at June 30, 2018 and December 31, 2017, respectively.
Finite-Lived Intangible Assets
Intangible assets subject to amortization were as follows:
 
June 30, 2018
 
December 31, 2017
 (amounts in millions)
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
Customer lists
$
1,286.3

 
$
(297.5
)
 
$
988.8

 
$
1,303.3

 
$
(263.5
)
 
$
1,039.8

Developed technology (1)
2,147.3

 
(621.0
)
 
1,526.3

 
2,250.7

 
(557.0
)
 
1,693.7

Tradenames
29.6

 
(15.8
)
 
13.8

 
30.3

 
(13.8
)
 
16.5

Non-compete agreements
2.8

 
(1.5
)
 
1.3

 
2.8

 
(1.3
)
 
1.5

Total
$
3,466.0

 
$
(935.8
)
 
$
2,530.2

 
$
3,587.1

 
$
(835.6
)
 
$
2,751.5


(1) Includes in-process registration rights awaiting completion before amortization commences.
For the three months ended June 30, 2018 and 2017, the Company recorded amortization expense on intangible assets of $73.1 million and $67.3 million, respectively. For the six months ended June 30, 2018 and 2017, the Company recorded amortization expense on intangible assets of $145 million and $136 million, respectively. The quarter - and year-to-date increase includes $3.5 million of accelerated amortization related to certain product registration rights.