Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2017

Goodwill and Other Intangible Assets [Abstract]

Goodwill Attributable to Each Reportable Segment

The changes in the carrying amount of goodwill attributable to each reportable segment for the nine month period ended September 30, 2017 are presented in the table below:

	Industrials		Energy		Medical		Total
Balance as of December 31, 2016	$	515.8	$	439.9	$	199.0	$	1,154.7
Acquisition		7.9		-		-		7.9
Foreign currency translation and other (1)		31.8		16.6		5.9		54.3
Balance as of September 30, 2017	$	555.5	$	456.5	$	204.9	$	1,216.9

⁽¹⁾ During the nine month period ended September 30, 2017, the Company recorded an increase in goodwill of $0.4 million as a result of measurement period adjustments in the Medical segment.

Intangible Assets

Other intangible assets at September 30, 2017 and December 31, 2016 consist of the following:

	September 30, 2017					December 31, 2016
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Amortized intangible assets:
Customer lists and relationships	$	1,216.2	$	(442.1	)	$	1,160.5	$	(345.5	)
Acquired technology		8.0		(2.8	)		7.1		(2.2	)
Trademarks		30.2		(9.7	)		27.4		(6.9	)
Backlog		64.7		(64.7	)		60.3		(60.3	)
Other		47.6		(21.2	)		36.4		(16.4	)
Unamortized intangible assets:
Trademarks		623.5		-			609.5		-
Total other intangible assets	$	1,990.2	$	(540.5	)	$	1,901.2	$	(431.3	)

Amortization of Intangible Assets

Amortization of intangible assets for the three and nine month periods ended September 30, 2017 and 2016 was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Intangible asset amortization expense	$	29.5	$	30.7	$	87.6	$	90.8