GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 26, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying amount of goodwill for the nine months ended September 26, 2020 were as follows:


	December 31, 2019		Goodwill Resulting from Business Combinations (1)		Impairments		Foreign Currency Translation		September 26, 2020
HVAC reportable segment
Gross goodwill	$	277.1	$	0.5	$	—	$	1.4	$	279.0
Accumulated impairments	(144.6)		—		—		0.1		(144.5)
Goodwill	132.5		0.5		—		1.5		134.5

Detection and Measurement reportable segment
Gross goodwill	304.1		38.0		—		0.3		342.4
Accumulated impairments	(133.6)		—		—		0.7		(132.9)
Goodwill	170.5		38.0		—		1.0		209.5

Engineered Solutions reportable segment
Gross goodwill	334.2		—		—		3.7		337.9
Accumulated impairments	(187.9)		—		—		(3.7)		(191.6)
Goodwill	146.3		—		—		—		146.3

All Other
Gross goodwill	20.8		—		—		—		20.8
Accumulated impairments	(20.8)		—		—		—		(20.8)
Goodwill	—		—		—		—		—

Total
Gross goodwill	936.2		38.5		—		5.4		980.1
Accumulated impairments	(486.9)		—		—		(2.9)		(489.8)
Goodwill	$	449.3	$	38.5	$	—	$	2.5	$	490.3

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(1)Reflects goodwill acquired with the ULC acquisition of $38.0 and an increase in Patterson-Kelley's goodwill during the period of $0.6 resulting from revisions to the valuation of certain liabilities and an increase in SGS's goodwill during the period of $0.4 resulting from revisions to the valuation of certain income tax accounts. These increases were partially offset by a decrease to goodwill during the period from revisions to the valuation of certain tangible assets at Patterson-Kelley of $0.5. As indicated in Note 1, the acquired assets, including goodwill, and liabilities assumed in the ULC and Patterson-Kelley acquisitions have been recorded at estimates of fair value and are subject to change upon completion of acquisition accounting.

Schedule of Identifiable Intangible Assets

Identifiable intangible assets at September 26, 2020 and December 31, 2019 comprised the following:


	September 26, 2020						December 31, 2019
	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Intangible assets with determinable lives: (1)
Customer relationships	$	100.2	$	(13.9)	$	86.3	$	77.4	$	(8.7)	$	68.7
Technology	51.7		(5.5)		46.2		29.5		(3.3)		26.2
Patents	4.5		(4.5)		—		4.5		(4.5)		—
Other	18.5		(10.1)		8.4		12.6		(9.2)		3.4
	174.9		(34.0)		140.9		124.0		(25.7)		98.3
Trademarks with indefinite lives (2)	161.6		—		161.6		153.4		—		153.4
Total	$	336.5	$	(34.0)	$	302.5	$	277.4	$	(25.7)	$	251.7

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(1)The identifiable intangible assets associated with the ULC acquisition consists of customer backlog of $4.6, customer relationships of $22.8, technology of $21.9 and non-compete agreements of $1.7.

(2)Changes during the nine months ended September 26, 2020 related primarily to the acquisition of ULC trademarks of $7.6.