Goodwill and Other Intangible Assets, net (Tables)

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of changes in the carrying amount of goodwill

The changes in the carrying amount of goodwill for the six months ended June 30, were as follows:

	Construction Materials		Interconnect Technologies		FoodService Products		Fluid Technologies		Brake and Friction		Total
(in millions)
Balance at January 1, 2017	$	117.5	$	639.1	$	60.3	$	167.9	$	96.4	$	1,081.2
Goodwill acquired during year (1)	4.7		—		86.6		—		—		91.3
Currency translation and other	4.3		1.3		—		2.0		0.1		7.7
Balance at June 30, 2017	$	126.5	$	640.4	$	146.9	$	169.9	$	96.5	$	1,180.2
(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, 2017, were as follows:

(in millions)	Acquired Cost		Accumulated Amortization			Net Book Value
Assets subject to amortization:
Customer relationships	$	811.5	$	(229.8	)	$	581.7
Intellectual property	240.7		(85.6		)	155.1
Other	16.4		(12.1		)	4.3
Assets not subject to amortization:
Trade names	264.2		—			264.2
Other intangible assets, net	$	1,332.8	$	(327.5	)	$	1,005.3

The Company’s other intangible assets, net at December 31, 2016, were as follows:

 

(in millions)	Acquired Cost		Accumulated Amortization			Net Book Value
Assets subject to amortization:
Customer relationships	$	704.3	$	(201.6	)	$	502.7
Intellectual property	200.7		(72.4		)	128.3
Other	15.4		(11.7		)	3.7
Assets not subject to amortization:
Trade names	237.5		—			237.5
Other intangible assets, net	$	1,157.9	$	(285.7	)	$	872.2

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 were as follows:

(in millions)	June 30, 2017		December 31, 2016
Carlisle Construction Materials	$	61.1	$	55.2
Carlisle Interconnect Technologies	362.2		379.1
Carlisle FoodService Products	176.7		24.9
Carlisle Fluid Technologies	309.2		313.7
Carlisle Brake & Friction	96.1		99.3
Total	$	1,005.3	$	872.2