Goodwill And Intangible Assets (Tables)

12 Months Ended

Jan. 03, 2015

The following table presents changes to goodwill during the periods indicated (in millions):




	Total			Commercial and Industrial Systems			Climate Solutions			Power Transmission Solutions
Balance as of December 29, 2012	$	1,151.0		$	759.4		$	354.4		$	37.2
Acquisitions and valuation adjustments	15.3			15.3			—			—
Less: Impairment charges	76.3			64.2			—			12.1
Translation adjustments	(8.1		)	(7.3		)	(0.8		)	—
Balance as of December 28, 2013	$	1,081.9		$	703.2		$	353.6		$	25.1

Acquisitions and valuation adjustments	54.5			54.5			—			—
Less: Impairment charges	119.5			100.7			7.7			11.1
Translation adjustments	(12.9		)	(11.6		)	(1.3		)	—
Balance as of January 3, 2015	$	1,004.0		$	645.4		$	344.6		$	14.0

Cumulative goodwill impairment charges	$	195.8		$	164.9		$	7.7		$	23.2

Gross intangible assets consist of the following (in millions):



	Weighted Average Amortization Period (Years)	December 28, 2013		Acquisitions		Impairment Charges		Translation Adjustments			January 3, 2015
Customer Relationships	11	$	253.8	$	20.5	$	10.7	$	(6.8	)	$	256.8
Technology	9	133.0		5.2		7.8		(1.0		)	129.4
Trademarks	12	32.6		2.0		0.4		(1.1		)	33.1
Patent and Engineering Drawings	5	16.6		—		—		—			16.6
Non-compete Agreements	5	8.3		0.4		—		(0.1		)	8.6
Total Gross Intangibles		$	444.3	$	28.1	$	18.9	$	(9.0	)	$	444.5

Accumulated amortization on intangible assets consists of the following:



	December 28, 2013		Amortization		Translation Adjustments			January 3, 2015
Customer Relationships	$	101.4	$	24.2	$	(3.0	)	$	122.6
Technology	57.9		17.6		(0.6		)	74.9
Trademarks	18.0		2.9		(0.8		)	20.1
Patent and Engineering Drawings	15.0		1.7		(0.1		)	16.6
Non-compete Agreements	7.8		0.3		(0.1		)	8.0
Total Accumulated Amortization	$	200.1	$	46.7	$	(4.6	)	$	242.2
Intangible Assets, Net of Amortization	$	244.2						$	202.3