XML 63 R47.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Other Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill Changes in the carrying amount of goodwill for the years ended December 31, 2018 and 2017 by segment are as follows:
 
Motion
Technologies
 
Industrial
Process
 
Connect & Control
Technologies
 
Total
Goodwill - December 31, 2016
$
202.3

 
$
308.4

 
$
264.0

 
$
774.7

Goodwill acquired
91.2

 

 

 
91.2

Adjustments to purchase price allocations
(8.2
)
 

 

 
(8.2
)
Foreign currency
10.3

 
16.1

 
2.7

 
29.1

Goodwill - December 31, 2017
$
295.6

 
$
324.5

 
$
266.7

 
$
886.8

Adjustments to purchase price allocations
3.3

 

 

 
3.3

Foreign currency
(4.4
)
 
(8.7
)
 
(1.1
)
 
(14.2
)
Goodwill - December 31, 2018
$
294.5

 
$
315.8

 
$
265.6

 
$
875.9

Finite-Lived Intangible Assets [Line Items]  
Other Intangible Assets Information regarding our other intangible assets is as follows:
 
December 31, 2018
 
December 31, 2017
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Intangibles
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Intangibles
Customer relationships
$
164.1

 
$
(86.2
)
 
$
77.9

 
$
166.2

 
$
(74.4
)
 
$
91.8

Proprietary technology
53.7

 
(25.6
)
 
28.1

 
54.4

 
(21.8
)
 
32.6

Patents and other
12.3

 
(9.4
)
 
2.9

 
13.5

 
(9.2
)
 
4.3

Finite-lived intangible total
230.1

 
(121.2
)
 
108.9

 
234.1

 
(105.4
)
 
128.7

Indefinite-lived intangibles
27.2

 

 
27.2

 
27.5

 

 
27.5

Other Intangible Assets
$
257.3

 
$
(121.2
)
 
$
136.1

 
$
261.6

 
$
(105.4
)
 
$
156.2

Estimated Amortization Expense Related to Intangible Assets Amortization expense related to intangible assets for 2018, 2017 and 2016 was $17.6, $18.9 and $20.1, respectively. Estimated amortization expense for each of the five succeeding years is as follows:
Year
Estimated
Amortization
Expense
2019
$
17.6

2020
17.5

2021
17.5

2022
16.3

2023
12.7

Thereafter
27.3