XML 38 R28.htm IDEA: XBRL DOCUMENT v3.5.0.2
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2016
GOODWILL AND OTHER INTANGIBLE ASSETS  
Changes in the carrying amount of goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Global

 

Global

 

Global

 

 

 

 

 

 

 

 

(millions)

    

Industrial

    

Institutional

    

Energy

    

Other

    

Total

 

 

December 31, 2015

 

 

$
2,560.8

 

 

$
662.7

 

 

$
3,151.5

 

 

$
115.8

 

 

$
6,490.8

 

 

Current year business combinations (a)

 

 

 -

 

 

 -

 

 

0.6

 

 

 -

 

 

0.6

 

 

Prior year business combinations (b)

 

 

3.5

 

 

 -

 

 

(0.2)

 

 

 -

 

 

3.3

 

 

Reclassifications (c)

 

 

3.5

 

 

(0.6)

 

 

(2.9)

 

 

 -

 

 

 -

 

 

Effect of foreign currency translation

 

 

8.1

 

 

2.1

 

 

10.2

 

 

0.4

 

 

20.8

 

 

September 30, 2016

 

 

$
2,575.9

 

 

$
664.2

 

 

$
3,159.2

 

 

$
116.2

 

 

$
6,515.5

 

 

 

(a)

For 2016, none of the goodwill related to businesses acquired is expected to be tax deductible.

(b)

Represents purchase price allocation adjustments for 2015 acquisitions deemed preliminary as of December 31, 2015.

(c)

Represents immaterial reclassifications of beginning balances to conform to the current year presentation.