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Goodwill and Other Intangible Assets
3 Months Ended
Mar. 31, 2019
Goodwill and Other Intangible Assets [Abstract]  
Goodwill and Other Intangible Assets
Note 5. Goodwill and Other Intangible Assets

The changes in the carrying amount of goodwill attributable to each reportable segment for the three month period ended March 31, 2019 is presented in the table below.

  
Industrials
  
Energy
  
Medical
  
Total
 
Balance as of December 31, 2018
 
$
632.7
  
$
453.6
  
$
203.2
  
$
1,289.5
 
Foreign currency translation and other (1)
  
(2.2
)
  
(3.8
)
  
(0.2
)
  
(6.2
)
Balance as of March 31, 2019
 
$
630.5
  
$
449.8
  
$
203.0
  
$
1,283.3
 


(1)
During the three month period ended March 31, 2019, the Company recorded an increase in goodwill of $0.5 million as a result of measurement period adjustments in the Industrial segment.

As of March 31, 2019, goodwill included a total of $563.9 million of accumulated impairment losses within the Energy segment since the date of the transaction in which the Company was acquired by an affiliate of Kohlberg Kravis Roberts & Co. L.P. on July 30, 2013 (the “KKR Transaction”). There were no goodwill impairment charges recorded during the three month periods ended March 31, 2019 and 2018.

Other intangible assets as of March 31, 2019 and December 31, 2018 consisted of the following.

  
March 31, 2019
  
December 31, 2018
 
  
Gross
Carrying
Amount
  
Accumulated
Amortization
  
Gross
Carrying
Amount
  
Accumulated
Amortization
 
Amortized intangible assets
            
Customer lists and relationships
 
$
1,241.1
  
$
(593.2
)
 
$
1,245.5
  
$
(567.8
)
Technology
  
21.2
   
(5.0
)
  
21.7
   
(4.8
)
Trademarks
  
44.6
   
(13.7
)
  
44.9
   
(13.0
)
Backlog
  
68.6
   
(68.6
)
  
68.8
   
(68.6
)
Other
  
62.0
   
(34.2
)
  
62.3
   
(31.9
)
Unamortized intangible assets
                
Trademarks
  
612.5
   
-
   
611.3
   
-
 
Total other intangible assets
 
$
2,050.0
  
$
(714.7
)
 
$
2,054.5
  
$
(686.1
)

Amortization of intangible assets was $31.4 million for the three month period ended March 31, 2019 and $30.9 million for the three month period ended March 31, 2018.  Amortization of intangible assets is anticipated to be approximately $122.9 million annually in 2020 through 2024 based upon exchange rates as of March 31, 2019.