XML 40 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Goodwill And Other Intangibles (Tables)
9 Months Ended
Sep. 27, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes To Goodwill
The following information presents changes to goodwill during the nine months ended September 27, 2014 (in millions):
 
Total
 
Electrical
Segment
 
Mechanical
Segment
Balance as of December 28, 2013
1,081.9

 
1,055.0

 
26.9

Acquisitions and Valuation Adjustments
50.4

 
50.4

 

Less: Impairment Charges
(1.0
)
 
(1.0
)
 

Translation Adjustments
(5.0
)
 
(5.0
)
 

Balance as of September 27, 2014
$
1,126.3

 
$
1,099.4

 
$
26.9

 
 
 
 
 
 
Cumulative Goodwill Impairment Charges
$
77.3

 
$
65.2

 
$
12.1

Schedule of Gross Intangibles
 
 
 
 
 
September 27, 2014
 
December 28, 2013
 
 
Weighted Average Amortization Period (years)
 
Gross Value
 
Accumulated
Amortization
 
Gross Value
 
Accumulated
Amortization
Customer Relationships
 
11
 
$
271.0

 
$
118.3

 
$
253.8

 
$
101.4

Technology
 
9
 
137.4

 
70.5

 
133.0

 
57.9

Trademarks
 
12
 
34.1

 
19.8

 
32.6

 
18.0

Patent and Engineering Drawings
 
5
 
16.5

 
16.2

 
16.6

 
15.0

Non-compete Agreements
 
5
 
8.7

 
8.0

 
8.3

 
7.8

 
 
 
 
$
467.7

 
232.8

 
$
444.3

 
200.1

Net Values
 
 
 
 
 
$
234.9

 
 
 
$
244.2

Schedule of Estimated Amortization
The estimated expected future annual amortization for intangible assets is as follows (in millions):
 
Year
Estimated
Amortization
2014
$
45.3

2015
38.3

2016
33.3

2017
26.7

2018
24.6