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Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill for the years ended December 31, 2019 and 2018 are as follows:
 
FPD
 
FCD
 
Total
 
(Amounts in thousands)
Balance as of December 31, 2017
$
801,509

 
$
416,679

 
$
1,218,188

Currency translation and other
(11,370
)
 
(9,178
)
 
(20,548
)
Balance as of December 31, 2018
$
790,139

 
$
407,501

 
$
1,197,640

Currency translation and other
(3,509
)
 
(1,121
)
 
(4,630
)
Balance as of December 31, 2019
$
786,630

 
$
406,380

 
$
1,193,010
Schedule of Changes in Intangible Assets
The following table provides information about our intangible assets for the years ended December 31, 2019 and 2018:
 
 
 
December 31, 2019
 
December 31, 2018
 
Useful
Life
(Years)
 
Ending
Gross
Amount
 
Accumulated
Amortization
 
Ending
Gross
Amount
 
Accumulated
Amortization
 
(Amounts in thousands, except years)
Finite-lived intangible assets:
 
 
 

 
 

 
 

 
 

Engineering drawings(1)
10-22
 
$
89,490

 
$
(78,854
)
 
$
89,796

 
$
(75,239
)
Existing customer relationships(2)
5-10
 
81,844

 
(53,468
)
 
82,235

 
(47,016
)
Patents
9-16
 
26,132

 
(26,132
)
 
26,251

 
(26,136
)
Other
4-40
 
92,920

 
(40,149
)
 
88,138

 
(37,145
)
 
 
 
$
290,386

 
$
(198,603
)
 
$
286,420

 
$
(185,536
)
Indefinite-lived intangible assets(3)
 
 
$
90,607

 
$
(1,585
)
 
$
91,251

 
$
(1,585
)
____________________________________
(1)
Engineering drawings represent the estimated fair value associated with specific acquired product and component schematics.
(2)
Existing customer relationships acquired prior to 2011 had a useful life of five years.
(3)
Accumulated amortization for indefinite-lived intangible assets relates to amounts recorded prior to the implementation date of guidance issued in ASC 350.
Schedule of Actual and Estimated Future Amortization of Finite-Lived Intangible Assets
The following schedule outlines actual amortization expense recognized during 2019 and an estimate of future amortization based upon the finite-lived intangible assets owned at December 31, 2019:
 
Amortization
Expense
 
(Amounts in thousands)
Actual for year ended December 31, 2019
$
13,769

Estimated for year ended December 31, 2020
13,637

Estimated for year ended December 31, 2021
13,183

Estimated for year ended December 31, 2022
10,666

Estimated for year ended December 31, 2023
8,402

Estimated for year ended December 31, 2024
6,428

Thereafter
39,467