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GOODWILL, OTHER INTANGIBLE ASSETS, AND ASSET IMPAIRMENT CHARGES (Tables)
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill, by reportable segment
The changes in the carrying amount of goodwill by reportable segment for the year ended December 31, 2019 were as follows:
December 31, 2018ImpairmentsForeign Currency Translation and OtherDecember 31, 2019
Food and Beverage$261.5  $—  $(4.0) $257.5  
Industrial(1)
288.9  —  (1.3) 287.6  
Total$550.4  $—  $(5.3) $545.1  
(1)The carrying amount of goodwill included $133.6 of accumulated impairments as of December 31, 2019 and 2018. As noted above, in connection with the reclassification of the substantial portion of our former Power and Energy reportable segment (excluding primarily the Bran+Luebbe product line of that former segment) to discontinued operations, as discussed further in Note 4, and the retention and reclassification of the Bran+Luebbe product line into our Industrial reportable segment, we performed a re-allocation of our former Power and Energy goodwill balance between the Disposal Group and the business being retained. This resulted in a net increase in Industrial reportable segment goodwill of $70.0 as of December 31, 2018 and a corresponding reduction in the goodwill of the former Power and Energy segment. The goodwill balance of the Industrial reportable segment as of December 31, 2018 reflects this reclassification.
The changes in the carrying amount of goodwill by reportable segment for the year ended December 31, 2018 were as follows:
December 31, 2017ImpairmentsForeign Currency Translation and OtherDecember 31, 2018
Food and Beverage$271.8  $—  $(10.3) $261.5  
Industrial(1)
297.7  —  (8.8) 288.9  
Total$569.5  $—  $(19.1) $550.4  
(1)The carrying amount of goodwill included $133.6 and $134.2 of accumulated impairments as of December 31, 2018 and 2017, respectively. As noted above, we performed a re-allocation of our former Power and Energy goodwill balance between the Disposal Group and the portion of that business being retained. This resulted in net increases in Industrial reportable segment goodwill of $70.0 and $70.6 as of December 31, 2018 and 2017, respectively, and corresponding reductions in the goodwill of the former Power and Energy segment. The goodwill balances of the Industrial reportable segment noted above reflect these reclassifications.
Schedule of finite-lived intangible assets
Identifiable intangible assets were as follows:
December 31, 2019December 31, 2018
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
Intangible assets with determinable lives:
Customer relationships$124.7  $(97.5) $27.2  $125.8  $(90.2) $35.6  
Technology61.7  (46.6) 15.1  62.1  (43.5) 18.6  
Patents5.6  (4.5) 1.1  5.7  (4.3) 1.4  
Other8.1  (8.1) —  8.1  (8.1) —  
200.1  (156.7) 43.4  201.7  (146.1) 55.6  
Trademarks with indefinite lives164.7  —  164.7  163.6  —  163.6  
Total$364.8  $(156.7) $208.1  $365.3  $(146.1) $219.2  
Schedule of indefinite-lived intangible assets
Identifiable intangible assets were as follows:
December 31, 2019December 31, 2018
Gross Carrying ValueAccumulated AmortizationNet Carrying ValueGross Carrying ValueAccumulated AmortizationNet Carrying Value
Intangible assets with determinable lives:
Customer relationships$124.7  $(97.5) $27.2  $125.8  $(90.2) $35.6  
Technology61.7  (46.6) 15.1  62.1  (43.5) 18.6  
Patents5.6  (4.5) 1.1  5.7  (4.3) 1.4  
Other8.1  (8.1) —  8.1  (8.1) —  
200.1  (156.7) 43.4  201.7  (146.1) 55.6  
Trademarks with indefinite lives164.7  —  164.7  163.6  —  163.6  
Total$364.8  $(156.7) $208.1  $365.3  $(146.1) $219.2