Goodwill and Identifiable Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

The following table shows changes in the carrying amount of goodwill from December 31, 2015 to September 30, 2016 by reportable segment:



	Performance Coatings		Transportation Coatings		Total
December 31, 2015	$	866.1	$	62.1	$	928.2
Goodwill from acquisitions	59.2		15.5		74.7
Foreign currency translation	12.1		0.9		13.0
September 30, 2016	$	937.4	$	78.5	$	1,015.9

Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class

The following table summarizes the gross carrying amounts and accumulated amortization of identifiable intangible assets by major class:



September 30, 2016	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Weighted average amortization periods (years)
Technology	$	435.2	$	(149.6	)	$	285.6	10.2
Trademarks - indefinite-lived	287.3		—			287.3		Indefinite
Trademarks - definite-lived	55.5		(11.0		)	44.5		14.8
Customer relationships	752.2		(130.5		)	621.7		18.9
Non-compete agreements	2.4		(1.6		)	0.8		4.6
Total	$	1,532.6	$	(292.7	)	$	1,239.9



December 31, 2015	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Weighted average amortization periods (years)
Technology	$	413.0	$	(117.2	)	$	295.8	10.0
Trademarks—indefinite-lived	284.4		—			284.4		Indefinite
Trademarks—definite-lived	45.2		(8.5		)	36.7		14.7
Customer relationships	676.1		(102.1		)	574.0		19.3
Non-compete agreements	1.9		(1.2		)	0.7		4.6
Total	$	1,420.6	$	(229.0	)	$	1,191.6

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated amortization expense related to the fair value of acquired intangible assets for the remainder of 2016 and each of the succeeding five years is:



Remainder of 2016	$	21.6
2017	$	86.1
2018	$	86.1
2019	$	86.0
2020	$	86.0
2021	$	85.9