Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Change in the carrying amount of goodwill

The changes in the carrying amount of goodwill for the nine months ended September 30, 2020 were as follows:

	Mobile Industries		Process Industries		Total
Beginning balance	$	361.3	$	632.4	$	993.7
Acquisitions	4.4		2.2		6.6
Foreign currency translation adjustments and other changes	7.8		13.0		20.8
Ending balance	$	373.5	$	647.6	$	1,021.1

Intangible assets

The following table displays intangible assets as of September 30, 2020 and December 31, 2019:

	Balance at September 30, 2020						Balance at December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Intangible assets subject to amortization:
Customer relationships	$	519.8	$	(152.3)	$	367.5	$	510.9	$	(128.8)	$	382.1
Technology and know-how	270.2		(66.7)		203.5		265.1		(54.7)		210.4
Trade names	12.7		(6.7)		6.0		12.7		(6.1)		6.6
Capitalized software	274.0		(252.0)		22.0		270.3		(245.8)		24.5
Other	14.0		(9.8)		4.2		13.8		(9.1)		4.7
	$	1,090.7	$	(487.5)	$	603.2	$	1,072.8	$	(444.5)	$	628.3
Intangible assets not subject to amortization:
Trade names	$	125.3			$	125.3	$	121.5			$	121.5
FAA air agency certificates	8.7				8.7		8.7				8.7
	$	134.0			$	134.0	$	130.2			$	130.2
Total intangible assets	$	1,224.7	$	(487.5)	$	737.2	$	1,203.0	$	(444.5)	$	758.5