Goodwill and Other Intangible Assets, net (Tables)

12 Months Ended

Dec. 31, 2016


	Construction		Interconnect		Fluid			Brake and		FoodService
(in millions)	Materials		Technologies		Technologies			Friction		Products		Total
Net balance at January 1, 2015	$	123.3	$	554.3	$	-		$	226.6	$	60.3	$	964.5
Goodwill acquired during year (1)		-		-		175.7			-		-		175.7
Measurement period adjustments		-		1.1		(0.5)			-		-		0.6
Currency translation and other		(4.6)		-		(1.8)			-		-		(6.4)
Net balance at December 31, 2015	$	118.7	$	555.4	$	173.4		$	226.6	$	60.3	$	1,134.4
Goodwill acquired during year (1)		-		83.7		2.9			-		-		86.6
Impairment charges		-		-		-			(130.0)		-		(130.0)
Measurement period adjustments		-		-		(0.3)			-		-		(0.3)
Currency translation and other		(1.2)		-		(8.1)	(2)		(0.2)		-		(9.5)
Balance at December 31, 2016	$	117.5	$	639.1	$	167.9		$	96.4	$	60.3	$	1,081.2

(1)

See Note 3 for further information on goodwill resulting from recent acquisitions.

(2)

Includes $4.9 million of an immaterial correction of certain deferred tax liabilities acquired in the Finishing Brands acquisition.

The Company’s other intangible assets, net at December 31, 2016, are as follows:


	Acquired		Accumulated		Net Book
(in millions)	Cost		Amortization		Value
Assets subject to amortization:
Intellectual property	$	200.7	$	(72.4)	$	128.3
Customer relationships		704.3		(201.6)		502.7
Other		15.4		(11.7)		3.7
Assets not subject to amortization:
Trade names		237.5		-		237.5
Other intangible assets, net	$	1,157.9	$	(285.7)	$	872.2

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


	Acquired		Accumulated		Net Book
(in millions)	Cost		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

Intangible assets subject to amortization as of December 31, 2016 will be amortized as follows:


Remaining weighted-average amortization period (years)
Assets subject to amortization
Intellectual property		8.1
Customer relationships		12.1
Other		9.3
Total assets subject to amortization		11.3


(millions)	2017	2018	2019	2020	2021	Thereafter
Estimated future amortization expense	$ 64.4	$ 64.4	$ 64.2	$ 61.1	$ 57.5	$ 323.1


	December 31,		December 31,
(in millions)	2016		2015
Carlisle Construction Materials	$	55.2	$	60.9
Carlisle Interconnect Technologies		379.1		357.3
Carlisle Fluid Technologies		313.7		325.3
Carlisle Brake & Friction		99.3		117.2
Carlisle FoodService Products		24.9		27.1
Total	$	872.2	$	887.8