XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Goodwill and Other Identifiable Intangible Assets (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2016
Carrying Amount of Goodwill by Segment | The changes in the carrying amount of goodwill by segment were as follows:
In millions | December 31, 2015 | Purchase accounting adjustments | Foreign currency translation/other | March 31, 2016
Water Quality Systems | $ | 1,121.1 |  | $ | — |  | $ | 3.5 |  | $ | 1,124.6 |
Flow & Filtration Solutions | 882.7 |  | — |  | 12.1 |  | 894.8 |
Technical Solutions | 2,255.2 |  | (24.5 | ) | 3.5 |  | 2,234.2 |
Valves & Controls | 996.4 |  | — |  | — |  | 996.4 |
Total goodwill | $ | 5,255.4 |  | $ | (24.5 | ) | $ | 19.1 |  | $ | 5,250.0 |
Detail of Identifiable Intangible Assets | Identifiable intangible assets consisted of the following:
| March 31, 2016 |  | December 31, 2015
In millions | Cost | Accumulated amortization | Net |  | Cost | Accumulated amortization | Net
Finite-life intangibles |  |  |  |  |  |  |
Customer relationships | $ | 2,085.5 |  | $ | (450.4 | ) | $ | 1,635.1 |  |  | $ | 2,078.7 |  | $ | (415.8 | ) | $ | 1,662.9 |
Trade names | 1.8 |  | (1.2 | ) | 0.6 |  |  | 1.8 |  | (1.2 | ) | 0.6 |
Proprietary technology and patents | 250.6 |  | (120.1 | ) | 130.5 |  |  | 249.3 |  | (114.2 | ) | 135.1 |
Total finite-life intangibles | 2,337.9 |  | (571.7 | ) | 1,766.2 |  |  | 2,329.8 |  | (531.2 | ) | 1,798.6 |
Indefinite-life intangibles |  |  |  |  |  |  |
Trade names | 694.8 |  | — |  | 694.8 |  |  | 691.5 |  | — |  | 691.5 |
Total intangibles, net | $ | 3,032.7 |  | $ | (571.7 | ) | $ | 2,461.0 |  |  | $ | 3,021.3 |  | $ | (531.2 | ) | $ | 2,490.1 |
Estimated Future Amortization Expense for Identifiable Intangible Assets | Estimated future amortization expense for identifiable intangible assets during the remainder of 2016 and the next five years is as follows:
| Q2-Q4 |  |  |  |  |
In millions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021
Estimated amortization expense | $ | 113.2 |  | $ | 150.1 |  | $ | 148.6 |  | $ | 146.1 |  | $ | 139.3 |  | $ | 134.2 |

X
- Definition Schedule Of Intangible Assets. + References No definition available. + Details
Name: | pnr_ScheduleOfIntangibleAssetsTableTextBlock
Namespace Prefix: | pnr_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: 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=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration