Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2014

The changes in the carrying value of goodwill by segment for the years ended December 31, 2014 and 2013 are as follows:



	Energy			Engineered Systems			Fluids			Refrigeration & Food Equipment			Total
Goodwill	$	716,210		$	1,202,906		$	560,131		$	588,624		$	3,067,871
Accumulated impairment loss	—			(10,591		)	(59,970		)	—			(70,561		)
Balance at January 1, 2013	716,210			1,192,315			500,161			588,624			2,997,310
Acquisitions	19,810			19,968			102,110			—			141,888
Purchase price adjustments	(2,278		)	(521		)	(2,417		)	(22,922		)	(28,138		)
Foreign currency translation	(5,770		)	(1,143		)	4,304			129			(2,480		)
Balance at December 31, 2013	727,972			1,210,619			604,158			565,831			3,108,580
Acquisitions	325,438			80,581			25,097			1,022			432,138
Purchase price adjustments	(395		)	—			11,350			—			10,955
Foreign currency translation	(4,280		)	(21,022		)	(30,942		)	(3,872		)	(60,116		)
Balance at December 31, 2014	$	1,048,735		$	1,270,178		$	609,663		$	562,981		$	3,491,557

The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset:



	December 31, 2014				December 31, 2013
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortized intangible assets:
Trademarks	$	138,650	$	34,097	$	110,573	$	24,418
Patents	150,404		108,484		153,850		102,756
Customer Intangibles	1,429,906		484,449		1,211,744		379,124
Unpatented Technologies	92,480		45,812		80,483		35,891
Drawings & Manuals	36,377		13,087		41,800		10,462
Distributor Relationships	64,614		34,377		64,614		31,144
Other	24,214		12,737		22,365		12,599
Total	$	1,936,645	$	733,043	$	1,685,429	$	596,394
Unamortized intangible assets:
Trademarks	165,918				169,876
Total intangible assets, net	$	1,369,520			$	1,258,911

Amortization expense for the next five years, based on current intangible balances, is estimated to be as follows: