Goodwill and Identifiable Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table shows changes in the carrying amount of goodwill from December 31, 2014 to June 30, 2015 by reportable segment:

	Performance Coatings			Transportation Coatings			Total
December 31, 2014	$	933.6		$	67.5		$	1,001.1
Goodwill from acquisition	12.5			—			12.5
Foreign currency translation	(64.8		)	(4.8		)	(69.6		)
June 30, 2015	$	881.3		$	62.7		$	944.0

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:

June 30, 2015	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Weighted average amortization periods (years)
Technology	$	411.7	$	(96.8	)	$	314.9	10.0
Trademarks - indefinite-lived	284.4		—			284.4		Indefinite
Trademarks - definite-lived	41.9		(6.8		)	35.1		14.8
Customer relationships	684.1		(86.2		)	597.9		19.4
Non-compete agreements	1.9		(1.0		)	0.9		4.6
Total	$	1,424.0	$	(190.8	)	$	1,233.2

December 31, 2014	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Weighted average amortization periods (years)
Technology	$	411.8	$	(76.3	)	$	335.5	10.0
Trademarks—indefinite-lived	284.4		—			284.4		Indefinite
Trademarks—definite-lived	41.8		(5.5		)	36.3		14.8
Customer relationships	713.9		(71.3		)	642.6		19.4
Non-compete agreements	2.0		(0.8		)	1.2		4.6
Total	$	1,453.9	$	(153.9	)	$	1,300.0

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 2015 and each of the succeeding four years is:

Remainder of 2015	$	40.0
2016	$	79.9
2017	$	79.6
2018	$	79.6
2019	$	79.6