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Goodwill and Other Identifiable Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Amount of Goodwill by Segment
The changes in the carrying amount of goodwill by reportable segment were as follows:
In millionsDecember 31,
2020
Purchase Accounting AdjustmentsForeign currency 
translation/other 
March 31,
2021
Consumer Solutions$1,580.5 $1.5 $(5.1)$1,576.9 
Industrial & Flow Technologies811.7 — (21.4)790.3 
Total goodwill$2,392.2 $1.5 $(26.5)$2,367.2 
Detail of Identifiable Intangible Assets
Identifiable intangible assets consisted of the following:
 March 31,
2021
December 31,
2020
In millionsCostAccumulated
amortization
NetCostAccumulated
amortization
Net
Definite-life intangibles
Customer relationships$430.3 $(309.4)$120.9 $435.9 $(308.1)$127.8 
Proprietary technology and patents46.8 (30.0)16.8 46.9 (29.4)17.5 
Total definite-life intangibles477.1 (339.4)137.7 482.8 (337.5)145.3 
Indefinite-life intangibles
Trade names177.8 — 177.8 180.6 — 180.6 
Total intangibles$654.9 $(339.4)$315.5 $663.4 $(337.5)$325.9 
Estimated Future Amortization Expense for Identifiable Intangible Assets
Estimated future amortization expense for identifiable intangible assets during the remainder of 2021 and the next five years is as follows:
 Q2 - Q4     
In millions202120222023202420252026
Estimated amortization expense$16.7 $16.0 $13.7 $13.2 $13.2 $11.9