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Goodwill and Other Identifiable Intangible Assets (Tables) | 9 Months Ended
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Sep. 29, 2012
Changes in Carrying Amount of Goodwill by Segment | The changes in the carrying amount of goodwill by segment were as follows:
In thousands |  | December 31, 2011 |  |  | Acquisitions |  |  | Foreign currency translation/other |  |  | September 29, 2012 |
Water & Fluid Solutions (1) |  | $ | 1,994,781 |  |  | $ | 8,768 |  |  | $ | (3,141 | ) |  | $ | 2,000,408 |
Technical Solutions |  |  | 279,137 |  |  |  | — |  |  |  | (578 | ) |  |  | 278,559 |
Other (2) |  |  | — |  |  |  | 2,487,552 |  |  |  | — |  |  |  | 2,487,552 |
Consolidated Total |  | $ | 2,273,918 |  |  | $ | 2,496,320 |  |  | $ | (3,719 | ) |  | $ | 4,766,519 |
In thousands |  | December 31, 2010 |  |  | Acquisitions |  |  | Foreign currency translation/other |  |  | October 1, 2011 |
Water & Fluid Solutions |  | $ | 1,784,100 |  |  | $ | 466,182 |  |  | $ | (15,961 | ) |  | $ | 2,234,321 |
Technical Solutions |  |  | 281,944 |  |  |  | — |  |  |  | 427 |  |  |  | 282,371 |
Consolidated Total |  | $ | 2,066,044 |  |  | $ | 466,182 |  |  | $ | (15,534 | ) |  | $ | 2,516,692 |
(1) | Accumulated goodwill impairment losses were $200.5 million, $200.5 million and $0 as of September 29, 2012, December 31, 2011 and October 1, 2011, respectively.
(2) | The valuation of assets acquired and liabilities assumed in the Merger has not been completed. The final valuation of goodwill and the allocation of goodwill to our reporting segments will occur upon completion of the purchase price allocation.
Detail of Intangible Assets | Acquired intangible assets consisted of the following:
|  | September 29, 2012 |  |  | December 31, 2011 |  |  | October 1, 2011 |
In thousands |  | Cost |  |  | Accumulated amortization |  |  | Net |  |  | Cost |  |  | Accumulated amortization |  |  | Net |  |  | Cost |  |  | Accumulated amortization |  |  | Net |
Finite-life intangibles: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Patents |  | $ | 5,900 |  |  | $ | (4,428) |  |  | $ | 1,472 |  |  | $ | 5,896 |  |  | $ | (4,038) |  |  | $ | 1,858 |  |  | $ | 5,893 |  |  | $ | (3,908) |  |  | $ | 1,985 |
Backlog (1) |  |  | 120,000 |  |  |  | — |  |  |  | 120,000 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Proprietary technology (1) |  |  | 256,772 |  |  |  | (49,587) |  |  |  | 207,185 |  |  |  | 128,841 |  |  |  | (39,956) |  |  |  | 88,885 |  |  |  | 131,972 |  |  |  | (37,094) |  |  |  | 94,878 |
Customer relationships (1) |  |  | 1,111,902 |  |  |  | (128,610) |  |  |  | 983,292 |  |  |  | 358,410 |  |  |  | (109,887) |  |  |  | 248,523 |  |  |  | 366,540 |  |  |  | (102,919) |  |  |  | 263,621 |
Trade names |  |  | 1,513 |  |  |  | (643) |  |  |  | 870 |  |  |  | 1,515 |  |  |  | (530) |  |  |  | 985 |  |  |  | 1,537 |  |  |  | (500) |  |  |  | 1,037 |
Total finite-life intangibles |  |  | 1,496,087 |  |  |  | (183,268) |  |  |  | 1,312,819 |  |  |  | 494,662 |  |  |  | (154,411) |  |  |  | 340,251 |  |  |  | 505,942 |  |  |  | (144,421) |  |  |  | 361,521 |
Indefinite-life intangibles: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names (1) |  |  | 641,693 |  |  |  | — |  |  |  | 641,693 |  |  |  | 252,034 |  |  |  | — |  |  |  | 252,034 |  |  |  | 257,741 |  |  |  | — |  |  |  | 257,741 |
Total intangibles |  | $ | 2,137,780 |  |  | $ | (183,268) |  |  | $ | 1,954,512 |  |  | $ | 746,696 |  |  | $ | (154,411) |  |  | $ | 592,285 |  |  | $ | 763,683 |  |  | $ | (144,421) |  |  | $ | 619,262 |
(1) | Preliminary values of intangible assets acquired in the Merger include backlog of $120.0 million, proprietary technology of $125.0 million, customer relationships of $750.0 million and indefinite-life trade names $390.0 million.
Estimated Future Amortization Expense for Identifiable Intangible Assets | The estimated future amortization expense for identifiable intangible assets during the remainder of 2012 and the next five years is as follows:
|  | Q4 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
In thousands |  | 2012 |  |  | 2013 |  |  | 2014 |  |  | 2015 |  |  | 2016 |  |  | 2017 |
Estimated amortization expense |  | $ | 46,558 |  |  | $ | 186,821 |  |  | $ | 171,463 |  |  | $ | 126,176 |  |  | $ | 125,241 |  |  | $ | 123,630 |

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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 47 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph e -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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