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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following is a rollforward of our goodwill by segment ($ in millions):
 
Professional Instrumentation
 
Industrial Technologies
 
Total
Balance, January 1, 2018
$
3,331.0

 
$
1,229.3

 
$
4,560.3

Attributable to 2018 acquisitions
1,571.8

 
29.4

 
1,601.2

Foreign currency translation & other
(8.2
)
 
(20.2
)
 
(28.4
)
Balance, December 31, 2018
4,894.6

 
1,238.5

 
6,133.1

Attributable to adjustments to preliminary purchase price allocations for acquisitions completed in 2018
75.9

 
(1.2
)
 
74.7

Attributable to 2019 acquisitions
2,192.9

 

 
2,192.9

Attributable to the Tektronix Video Business Combination
(40.2
)
 

 
(40.2
)
Foreign currency translation & other
3.1

 
35.7

 
38.8

Balance, December 31, 2019
$
7,126.3

 
$
1,273.0

 
$
8,399.3


Schedule of Finite-Lived Intangible Assets The following summarizes the gross carrying value and accumulated amortization for each major category of intangible asset as of December 31 ($ in millions):
 
2019
 
2018
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Finite-lived intangibles:
 
 
 
 
 
 
 
Patents and technology
$
1,041.4

 
$
(357.0
)
 
$
614.0

 
$
(280.8
)
Customer relationships and other intangibles
3,206.8

 
(792.5
)
 
2,204.2

 
(589.9
)
Trademarks and trade names
18.0

 
(0.2
)
 

 

Total finite-lived intangibles
4,266.2

 
(1,149.7
)
 
2,818.2

 
(870.7
)
Indefinite-lived intangibles:
 
 
 
 
 
 
 
Trademarks and trade names
728.5

 

 
528.8

 

Total intangibles
$
4,994.7

 
$
(1,149.7
)
 
$
3,347.0

 
$
(870.7
)

Schedule of Indefinite-Lived Intangible Assets The following summarizes the gross carrying value and accumulated amortization for each major category of intangible asset as of December 31 ($ in millions):
 
2019
 
2018
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Finite-lived intangibles:
 
 
 
 
 
 
 
Patents and technology
$
1,041.4

 
$
(357.0
)
 
$
614.0

 
$
(280.8
)
Customer relationships and other intangibles
3,206.8

 
(792.5
)
 
2,204.2

 
(589.9
)
Trademarks and trade names
18.0

 
(0.2
)
 

 

Total finite-lived intangibles
4,266.2

 
(1,149.7
)
 
2,818.2

 
(870.7
)
Indefinite-lived intangibles:
 
 
 
 
 
 
 
Trademarks and trade names
728.5

 

 
528.8

 

Total intangibles
$
4,994.7

 
$
(1,149.7
)
 
$
3,347.0

 
$
(870.7
)