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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in carrying amount of goodwill by reportable segment
The changes in carrying amount of goodwill by reportable segment for the years ended December 31, 2015 and December 31, 2014 are as follows:
(in millions)
 
Crane
 
Foodservice
 
Total
Gross balance as of January 1, 2014
 
$
345.1

 
$
1,389.2

 
$
1,734.3

Accumulated Asset impairments
 

 
(515.7
)
 
(515.7
)
Net balance as of January 1, 2014
 
345.1

 
873.5

 
1,218.6

Foreign currency impact
 
(19.8
)
 
(0.7
)
 
(20.5
)
Gross balance as of December 31, 2014
 
$
325.3

 
$
1,388.5

 
$
1,713.8

Accumulated Asset impairments
 

 
(515.7
)
 
(515.7
)
Net balance as of December 31, 2014
 
$
325.3

 
$
872.8

 
$
1,198.1

Foreign currency impact
 
(18.8
)
 
(0.5
)
 
(19.3
)
Impact of acquisitions and divestitures
 

 
(26.5
)
 
(26.5
)
Gross balance as of December 31, 2015
 
$
306.5

 
$
1,361.5

 
$
1,668.0

Accumulated Asset impairments
 

 
(515.7
)
 
(515.7
)
Net balance as of December 31, 2015
 
$
306.5

 
$
845.8

 
$
1,152.3

Gross carrying amount and accumulated amortization of the company's intangible assets other than goodwill
The gross carrying amount and accumulated amortization of the company’s intangible assets other than goodwill are as follows as of December 31, 2015 and December 31, 2014.
 
 
December 31, 2015
 
December 31, 2014
(in millions)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Amount
 
Net
Book
Value
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Amount
 
Net
Book
Value
Trademarks and tradenames
 
$
269.4

 
$

 
$
269.4

 
$
300.0

 
$

 
$
300.0

Customer relationships
 
425.6

 
(157.5
)
 
268.1

 
425.7

 
(136.0
)
 
289.7

Patents
 
30.7

 
(28.1
)
 
2.6

 
32.7

 
(28.3
)
 
4.4

Engineering drawings
 
10.2

 
(9.3
)
 
0.9

 
11.0

 
(9.3
)
 
1.7

Distribution network
 
18.4

 

 
18.4

 
19.7

 

 
19.7

Other intangibles
 
143.5

 
(64.1
)
 
79.4

 
170.9

 
(71.7
)
 
99.2

 
 
$
897.8

 
$
(259.0
)
 
$
638.8

 
$
960.0

 
$
(245.3
)
 
$
714.7