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Goodwill and Other Intangibles (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Goodwill
The following table summarizes the changes in goodwill by reportable segment for the nine months ended September 30, 2015 (in thousands):
Balance at December 31, 2014
$
243,262

Acquisition of Rockwood
2,677,465

Other acquisitions(a)
9,275

Foreign currency translation adjustments
(118,916
)
Balance at September 30, 2015
$
2,811,086


(a)
Primarily relates to the acquisition of the remaining interest in Shanghai Chemetall. See Note 2, “Acquisitions.”
Other Intangibles
The following table summarizes the changes in other intangibles and related accumulated amortization for the nine months ended September 30, 2015 (in thousands):
 
Customer Lists and Relationships
 
Trade Names and Trademarks
 
Patents and Technology
 
Other
 
Total
Gross Asset Value
 
 
 
 
 
 
 
 
 
Balance at December 31, 2014
$
48,479

 
$
17,555

 
$
40,398

 
$
23,441

 
$
129,873

Acquisition of Rockwood
1,319,060

 
363,120

 
227,840

 
27,450

 
1,937,470

Other acquisitions(a)
76,940

 

 
1,433

 
73

 
78,446

Foreign currency translation adjustments and other
(74,388
)
 
(17,722
)
 
(10,735
)
 
(1,917
)
 
(104,762
)
Balance at September 30, 2015
$
1,370,091

 
$
362,953

 
$
258,936

 
$
49,047

 
$
2,041,027

Accumulated Amortization
 
 
 
 
 
 
 
 
 
Balance at December 31, 2014
$
(22,931
)
 
$
(7,912
)
 
$
(32,831
)
 
$
(22,074
)
 
$
(85,748
)
Amortization
(41,796
)
 
(9,216
)
 
(10,157
)
 
(365
)
 
(61,534
)
Foreign currency translation adjustments and other
1,482

 
139

 
1,102

 
525

 
3,248

Balance at September 30, 2015
$
(63,245
)
 
$
(16,989
)
 
$
(41,886
)
 
$
(21,914
)
 
$
(144,034
)
Net Book Value at December 31, 2014
$
25,548

 
$
9,643

 
$
7,567

 
$
1,367

 
$
44,125

Net Book Value at September 30, 2015
$
1,306,846

 
$
345,964

 
$
217,050

 
$
27,133

 
$
1,896,993


(a)
Primarily relates to the acquisition of the remaining interest in Shanghai Chemetall. See Note 2, “Acquisitions.”
Total Estimated Amortization Expense of Other Intangibles for Next Five Fiscal Years
Total estimated amortization expense of other intangibles acquired in the Rockwood acquisition for the next five years is as follows (in thousands):
 
Estimated Amortization Expense
Remainder of 2015
$
20,588

2016
$
82,350

2017
$
82,350

2018
$
82,350

2019
$
82,350