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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Other Intangible Assets [Abstract]  
Carrying amount of goodwill by reportable segment
The balance of goodwill by segment and the activity occurring in the past two fiscal years is as follows:

(millions of dollars)
 
Performance
Materials
  
Specialty
Minerals
  
Refractories
  
Consolidated
 
Balance at December 31, 2016
 
$
720.9
  
$
12.1
  
$
45.7
  
$
778.7
 
                 
Change in goodwill relating to:
                
Foreign exchange translation
  
   
0.6
   
   
0.6
 
Total Changes
 
$
  
$
0.6
  
$
  
$
0.6
 
                 
Balance at December 31, 2017
 
$
720.9
  
$
12.7
  
$
45.7
  
$
779.3
 
                 
Change in goodwill relating to:
                
Acquisition of Sivomatic
  
35.0
   
   
   
35.0
 
Foreign exchange translation
  
   
(0.4
)
  
(1.5
)
  
(1.9
)
Total Changes
 
$
35.0
  
$
(0.4
)
 
$
(1.5
)
 
$
33.1
 
                 
Balance at December 31, 2018
 
$
755.9
  
$
12.3
  
$
44.2
  
$
812.4
 
Acquired intangible assets subject to amortization
Acquired intangible assets subject to amortization as of December 31, 2018 and December 31, 2017 were as follows:

     
December 31, 2018
  
December 31, 2017
 
  
Weighted Average
Useful Life
(Years)
  
Gross
Carrying
Amount
  
Accumulated
Amortization
  
Gross
Carrying
Amount
  
Accumulated
Amortization
 
Tradenames
  
35
  
$
204.2
  
$
26.6
  
$
199.8
  
$
20.7
 
Technology
  
13
   
18.8
   
6.4
   
18.8
   
4.8
 
Patents
  
19
   
6.4
   
5.6
   
6.4
   
5.3
 
Customer relationships
  
22
   
26.5
   
3.2
   
4.5
   
2.2
 
   
32
  
$
255.9
  
$
41.8
  
$
229.5
  
$
33.0