Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2016

Goodwill and Other Intangible Assets

Summary of changes in the carrying amount of Goodwill net

	Construction		Interconnect		Fluid		Brake and		FoodService
(inmillions)	Materials		Technologies		Technologies		Friction		Products		Total
Gross balance at January 1, 2016	$	118.7	$	555.4	$	173.4	$	226.6	$	60.3	$	1,134.4
Goodwill acquired during year (1)		-		20.1		2.2		-		-		22.3
Measurement period adjustments		-		-		(0.2)		-		-		(0.2)
Currency translation		0.5		-		(0.9)		(0.1)		-		(0.5)
Net balance at June 30, 2016	$	119.2	$	575.5	$	174.5	$	226.5	$	60.3	$	1,156.0

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

Summary of other intangible assets, net

The Company’s Other intangible assets, net at June 30, 2016, were as follows:

	Acquired		Accumulated		Net Book
(inmillions)	Cost		Amortization		Value
Assets subject to amortization:
Intellectual property	$	187.7	$	(63.6)	$	124.1
Customer relationships		693.3		(181.1)		512.2
Other		25.1		(11.2)		13.9
Assets not subject to amortization:
Trade names		251.4		-		251.4
Other intangible assets, net	$	1,157.5	$	(255.9)	$	901.6

The Company’s Other intangible assets, net at December 31, 2015, were as follows:

	Acquired		Accumulated		Net Book
(in millions)	Cost		Amortization		Value
Assets subject to amortization:
Intellectual property	$	180.7	$	(55.0)	$	125.7
Customer relationships		673.9		(160.5)		513.4
Other		13.5		(10.6)		2.9
Assets not subject to amortization:
Trade names		245.8		-		245.8
Other intangible assets, net	$	1,113.9	$	(226.1)	$	887.8

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

	June 30,		December 31,
(inmillions)	2016		2015
Carlisle Construction Materials	$	59.3	$	60.9
Carlisle Interconnect Technologies		375.0		357.3
Carlisle Fluid Technologies		327.3		325.3
Carlisle Brake & Friction		114.0		117.2
Carlisle FoodService Products		26.0		27.1
Total	$	901.6	$	887.8