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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
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, 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
 
                                 
Change in goodwill relating to:
                               
Foreign exchange translation
   
(4.7
)
   
0.2
     
(0.5
)
   
(5.0
)
Total Changes
 
$
(4.7
)
 
$
0.2
   
$
(0.5
)
 
$
(5.0
)
                                 
Balance at December 31, 2019
 
$
751.2
   
$
12.5
   
$
43.7
   
$
807.4
 
Acquired Intangible Assets Subject to Amortization

Acquired intangible assets subject to amortization as of December 31, 2019 and December 31, 2018 were as follows:


       
December 31, 2019
   
December 31, 2018
 
   
Weighted Average
Useful Life
(Years)
   
Gross
Carrying
Amount
   
Accumulated
Amortization
   
Gross
Carrying
Amount
   
Accumulated
Amortization
 
Tradenames
   
35
   
$
203.9
   
$
32.5
   
$
204.2
   
$
26.6
 
Technology
   
13
     
18.8
     
8.0
     
18.8
     
6.4
 
Patents and trademarks
   
19
     
6.4
     
5.9
     
6.4
     
5.6
 
Customer relationships
   
22
     
24.7
     
4.4
     
26.5
     
3.2
 
     
32
   
$
253.8
   
$
50.8
   
$
255.9
   
$
41.8