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Goodwill and Other Identifiable Intangible Assets (Tables)
 9 Months Ended
Sep. 28, 2013
Carrying Amount of Goodwill by Segment
The changes in the carrying amount of goodwill by segment were as follows:
In millions
December 31, 2012
Acquisitions/
divestitures 
Foreign currency 
translation/other 
September 28, 2013
Water & Fluid Solutions
$
2,437.7

$
—

$
15.4

$
2,453.1

Valves & Controls
1,511.6

—

—

1,511.6

Technical Solutions
1,161.7

(5.3
)
0.9

1,157.3

Total goodwill
$
5,111.0

$
(5.3
)
$
16.3

$
5,122.0
Detail of Identifiable Intangible Assets
Identifiable intangible assets consisted of the following:
 
September 28, 2013
 
December 31, 2012
In millions
Cost
Accumulated
amortization
Net
 
Cost
Accumulated
amortization
Net
Finite-life intangibles



 



Customer relationships
$
1,288.0

$
(221.1
)
$
1,066.9

 
$
1,291.5

$
(152.7
)
$
1,138.8

Trade names
2.1

(0.9
)
1.2

 
1.5

(0.7
)
0.8

Proprietary technology
265.0

(74.8
)
190.2

 
263.7

(57.8
)
205.9

Backlog
28.7

(26.7
)
2.0

 
43.7

(18.2
)
25.5

Total finite-life intangibles
$
1,583.8

$
(323.5
)
$
1,260.3

 
$
1,600.4

$
(229.4
)
$
1,371.0

Indefinite-life intangibles



 



Trade names
556.9

—

556.9

 
555.9

—

555.9

Total intangibles, net
$
2,140.7

$
(323.5
)
$
1,817.2

 
$
2,156.3

$
(229.4
)
$
1,926.9
Estimated Future Amortization Expense for Identifiable Intangible Assets
Estimated future amortization expense for identifiable intangible assets during the remainder of 2013 and the next five years is as follows:
 
Q4
 
 
 
 
 
In millions
2013
2014
2015
2016
2017
2018
Estimated amortization expense
$
29.2

$
116.0

$
115.5

$
114.5

$
113.0

$
110.4