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Goodwill and Other Intangible Assets, net
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, net Goodwill and Other Intangible Assets, net
As a result of the sale of CFS on March 20, 2018, the Company reclassified $149.7 million of goodwill and $169.4 million of other intangible assets, net allocated to the CFS segment as of December 31, 2017, to discontinued operations within long-term assets on the Condensed Consolidated Balance Sheets.
The changes in the carrying amount of goodwill, net for the nine months ended September 30, 2018, follows:
(in millions)
CCM
CIT
CFT
CBF1
Total
Balance as of December 31, 2017$544.3 $640.3 $171.0 $96.5 $1,452.1 
Goodwill acquired during year2
2.8 2.7 — — 5.5 
Measurement period adjustments3
(12.2)— — — (12.2)
Currency translation and other (1.2)0.1 (1.0)— (2.1)
Balance as of September 30, 2018$533.7 $643.1 $170.0 $96.5 $1,443.3 
1. CBF goodwill balance as of December 31, 2017, is presented net of accumulated impairment losses of $130.0 million recorded in 2016. No other segments have incurred impairment losses.
2. For the first nine months of 2018, Carlisle acquired three businesses for an aggregate purchase price of $20.1 million.
3. Refer to Note 4 for further information on goodwill adjustments resulting from recent acquisitions.
A summary of the Company's other intangible assets, net follows:
September 30, 2018December 31, 2017
(in millions)
Acquired
Cost
Accumulated
Amortization
Net Book Value
Acquired
Cost
Accumulated
Amortization
Net Book Value
Assets subject to amortization:
Customer relationships $845.1 $(273.1)$572.0 $844.8 $(230.8)$614.0 
Technology and intellectual property
269.8 (120.7)149.1 272.0 (95.6)176.4 
Trade names and other 41.6 (13.5)28.1 40.1 (9.6)30.5 
Assets not subject to amortization:
Trade names 244.3 — 244.3 244.1 — 244.1 
Other intangible assets, net
$1,400.8 $(407.3)$993.5 $1,401.0 $(336.0)$1,065.0 
The net book values of other intangible assets, net by reportable segment follows:
(in millions)
September 30, 2018December 31, 2017
Carlisle Construction Materials
$296.4 $325.1 
Carlisle Interconnect Technologies
322.5 344.5 
Carlisle Fluid Technologies
286.1 302.5 
Carlisle Brake & Friction
88.2 92.9 
Corporate
0.3 — 
Total
$993.5 $1,065.0