XML 41 R30.htm IDEA: XBRL DOCUMENT v3.21.1
Goodwill and Other Intangible Assets, net (Tables)
3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of changes in the carrying amount of goodwill
The changes in the carrying amount of goodwill, net by segment follows:
(in millions)
CCM
CIT
CFT
CBF(1)
Total
Balance as of December 31, 2020$613.0 $835.6 $193.1 $96.5 $1,738.2 
Measurement period adjustments(2)
— — (0.2)— (0.2)
Currency translation and other(1.5)(0.4)(0.6)— (2.5)
Balance as of March 31, 2021$611.5 $835.2 $192.3 $96.5 $1,735.5 
(1)CBF goodwill, net is presented net of accumulated impairment losses of $130.0 million recorded in 2016. No other segments have incurred impairment losses.
(2)Refer to Note 3 for further information on goodwill resulting from recent acquisitions.
Summary of other intangible assets, net
A summary of the Company's other intangible assets, net follows:
March 31, 2021December 31, 2020
(in millions)
Acquired
Cost
Accumulated
Amortization
Net Book Value
Acquired
Cost
Accumulated
Amortization
Net Book Value
Assets subject to amortization:
Customer relationships$1,058.0 $(454.3)$603.7 $1,060.6 $(436.4)$624.2 
Technology and intellectual property
311.6 (215.6)96.0 313.6 (208.9)104.7 
Trade names and other118.5 (55.2)63.3 117.7 (50.4)67.3 
Assets not subject to amortization:
Trade names237.8 — 237.8 238.6 — 238.6 
Other intangible assets, net$1,725.9 $(725.1)$1,000.8 $1,730.5 $(695.7)$1,034.8 
Summary of the net book values of other intangible assets, net by reportable segment
The net book values of other intangible assets, net by reportable segment follows:
(in millions)
March 31,
2021
December 31,
2020
Carlisle Construction Materials
$288.0 $300.9 
Carlisle Interconnect Technologies
372.4 384.8 
Carlisle Fluid Technologies
256.0 261.3 
Carlisle Brake & Friction
72.4 73.9 
Corporate
12.0 13.9 
Total$1,000.8 $1,034.8