Goodwill and Other Intangible Assets, net (Tables)

9 Months Ended

Sep. 30, 2016


	Construction		Interconnect		Fluid		Brake and		FoodService
(in millions)	Materials		Technologies		Technologies		Friction		Products		Total
Balance at January 1, 2016	$	118.7	$	555.4	$	173.4	$	226.6	$	60.3	$	1,134.4
Goodwill acquired during year (1)		-		39.7		2.7		-		-		42.4
Impairment charges		-		-		-		(130.0)		-		(130.0)
Measurement period adjustments (1)		-		-		(0.3)		-		-		(0.3)
Currency translation		1.2		-		(1.1)		(0.1)		-		-
Balance at September 30, 2016	$	119.9	$	595.1	$	174.7	$	96.5	$	60.3	$	1,046.5

⁽¹⁾

See Note 4 for further information on goodwill resulting from recent acquisitions.

The Company’s other intangible assets, net at September 30, 2016, were as follows:


	Acquired		Accumulated		Net Book
(in millions)	Cost (2)		Amortization		Value
Assets subject to amortization:
Intellectual property	$	199.9	$	(68.6)	$	131.3
Customer relationships		688.6		(191.9)		496.7
Other		14.2		(11.4)		2.8
Assets not subject to amortization:
Trade names		239.7		-		239.7
Other intangible assets, net	$	1,142.4	$	(271.9)	$	870.5

The Company’s other intangible assets, net at December 31, 2015, were as follows:


	Acquired		Accumulated		Net Book
(in millions)	Cost (2)		Amortization		Value
Assets subject to amortization:
Intellectual property	$	180.7	$	(55.0)	$	125.7
Customer relationships		673.9		(160.5)		513.4
Other		13.5		(10.6)		2.9
Assets not subject to amortization:
Trade names		245.8		-		245.8
Other intangible assets, net	$	1,113.9	$	(226.1)	$	887.8

⁽¹⁾

Acquired cost is net of accumulated impairments.


	September 30,		December 31,
(in millions)	2016		2015
Carlisle Construction Materials	$	59.2	$	60.9
Carlisle Interconnect Technologies		360.5		357.3
Carlisle Fluid Technologies		324.5		325.3
Carlisle Brake & Friction		100.9		117.2
Carlisle FoodService Products		25.4		27.1
Total	$	870.5	$	887.8