Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2015

Goodwill and Other Intangible Assets

Summary of changes in the carrying amount of Goodwill net

	Construction			Interconnect		Fluid		Brake and		FoodService
(in millions)	Materials			Technologies		Technologies		Friction		Products		Total
Gross balance at January 1, 2015	$	123.3		$	554.3	$	—	$	226.6	$	60.3	$	964.5
Goodwill acquired during year (1)	—			—		175.7		—		—		175.7
Measurement period adjustments	—			0.3		—		—		—		0.3
Currency translation	(3.4		)	—		2.6		—		—		(0.8		)
Net balance at June 30, 2015	$	119.9		$	554.6	$	178.3	$	226.6	$	60.3	$	1,139.7

(1) See Note 4 for further information on goodwill resulting from recent acquisitions.

Summary of other intangible assets

The Company’s Other intangible assets, net at June 30, 2015, were as follows:

	Acquired		Accumulated			Net Book
(in millions)	Cost		Amortization			Value
Assets subject to amortization:
Intellectual property	$	174.7	$	(44.2	)	$	130.5
Customer relationships	680.0		(139.9		)	540.1
Other	20.7		(12.9		)	7.8
Assets not subject to amortization:
Trade names	246.1		—			246.1
Other intangible assets, net	$	1,121.5	$	(197.0	)	$	924.5

The Company’s Other intangible assets, net at December 31, 2014, were as follows:

	Acquired		Accumulated			Net Book
(in millions)	Cost		Amortization			Value
Assets subject to amortization:
Intellectual property	$	146.6	$	(37.8	)	$	108.8
Customer relationships	494.6		(122.3		)	372.3
Other	20.6		(12.1		)	8.5
Assets not subject to amortization:
Trade names	122.1		—			122.1
Other intangible assets, net	$	783.9	$	(172.2	)	$	611.7

Summary of net carrying value of other intangible assets by reportable segment

	June 30,		December 31,
(in millions)	2015		2014
Carlisle Construction Materials	$	64.8	$	72.3
Carlisle Interconnect Technologies	372.2		386.6
Carlisle Fluid Technologies	338.9		—
Carlisle Brake & Friction	120.4		123.5
Carlisle FoodService Products	28.2		29.3
Total	$	924.5	$	611.7