GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2020

GOODWILL AND OTHER INTANGIBLE ASSETS

Changes in the carrying amount of goodwill

					Global
	Global		Global		Healthcare and		Upstream		Global
(millions)	Industrial		Institutional		Life Sciences		Energy		Energy		Other		Total
December 31, 2019		$2,799.2		$1,147.7		$-		$-		$3,100.5		$204.3		$7,251.7
Segment changes (a)		1,124.6		(599.4)		859.3		1,682.6		(3,100.5)		33.4		-
December 31, 2019 revised		3,923.8		548.3		859.3		1,682.6		-		237.7		7,251.7
Prior year business combinations (b)		-		-		(0.1)		-		-		-		(0.1)
Dispositions		-		-		-		(3.2)		-		-		(3.2)
Effect of foreign currency translation		(10.2)		(0.6)		(1.8)		(3.9)		-		(0.4)		(16.9)
March 31, 2020		$3,913.6		$547.7		$857.4		$1,675.5		$-		$237.3		$7,231.5

(a) Relates to reclassifications made to reportable segments in the current year. In anticipation of the Upstream separation, the Company created the Upstream Energy and Downstream operating segment, which are also reporting units, from the Global Energy operating segment, which was also a reporting unit. Goodwill was allocated to each reporting unit based on a relative fair value allocation. The Downstream operating segment has been aggregated into the Global Industrial reportable segment, while the Upstream Energy operating segment is a separate reportable segment. In addition, the Company established the Global Healthcare and Life Sciences reportable segment. The Global Healthcare and Life Sciences reportable segment is comprised of the Healthcare and Life Sciences operating segments, which were previously included in the Global Institutional and Global Industrial reportable segment, respectively. These were and continue to be reporting units therefore no goodwill allocation was performed. Refer to Note 15 for further information.

(b) Represents the purchase price allocation adjustments for acquisitions deemed preliminary as of the end of the prior year.