XML 50 R38.htm IDEA: XBRL DOCUMENT
v3.21.2

Goodwill and Other Intangible Assets, net (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of changes in the carrying amount of goodwill | The changes in the carrying amount of goodwill, net by segment follows:
(in millions) |  | CCM |  | CIT |  | CFT |  | Total
Net balance as of December 31, 2018 |  | $ | 532.8 |  |  | $ | 643.1 |  |  | $ | 169.5 |  |  | $ | 1,345.4 |
Goodwill acquired during year(1), (2) |  | 64.3 |  |  | 194.1 |  |  | 16.1 |  |  | 274.5 |
Measurement period adjustments |  | 0.5 |  |  | (1.9) |  |  | 1.6 |  |  | 0.2 |
Currency translation and other |  | (0.5) |  |  | (0.1) |  |  | 0.3 |  |  | (0.3) |
Net balance as of December 31, 2019 |  | $ | 597.1 |  |  | $ | 835.2 |  |  | $ | 187.5 |  |  | $ | 1,619.8 |
Goodwill acquired during year(1), (2) |  | 12.5 |  |  | 2.8 |  |  | 2.8 |  |  | 18.1 |
Measurement period adjustments |  | — |  |  | (2.3) |  |  | — |  |  | (2.3) |
Currency translation and other |  | 3.4 |  |  | (0.1) |  |  | 2.8 |  |  | 6.1 |
Net balance as of December 31, 2020 |  | $ | 613.0 |  |  | $ | 835.6 |  |  | $ | 193.1 |  |  | $ | 1,641.7 |
(1)See Note 3 for further information on goodwill resulting from recent acquisitions. (2)In addition to the acquisitions disclosed in Note 3, the Company acquired one business for an aggregate purchase price of $3.2 million during 2020 and five businesses for an aggregate purchase price of $42.4 million during 2019.
Summary of other intangible assets, net | Other Intangible Assets, net
|  | December 31, 2020 |  | December 31, 2019
(in millions) |  | Acquired Cost |  | Accumulated Amortization |  | Net Book Value |  | Acquired Cost |  | Accumulated Amortization |  | Net Book Value
Assets subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 1,000.7 |  |  | $ | (393.7) |  |  | $ | 607.0 |  |  | $ | 994.5 |  |  | $ | (315.6) |  |  | $ | 678.9 |
Technology and intellectual property |  | 263.0 |  |  | (172.6) |  |  | 90.4 |  |  | 253.6 |  |  | (133.8) |  |  | 119.8 |
Trade names and other |  | 115.6 |  |  | (48.7) |  |  | 66.9 |  |  | 97.9 |  |  | (36.9) |  |  | 61.0 |
Assets not subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | 196.6 |  |  | — |  |  | 196.6 |  |  | 200.7 |  |  | — |  |  | 200.7 |
Other intangible assets, net |  | $ | 1,575.9 |  |  | $ | (615.0) |  |  | $ | 960.9 |  |  | $ | 1,546.7 |  |  | $ | (486.3) |  |  | $ | 1,060.4 |
Schedule of intangible assets subject to amortization | The remaining weighted-average amortization period of intangible assets subject to amortization as of December 31, 2020, follows (in years):
Customer relationships |  | 9.2
Technology and intellectual property |  | 5.9
Trade names and other |  | 9.8
Total assets subject to amortization |  | 8.9
Schedule of estimated future amortization expense | Intangible assets subject to amortization as of December 31, 2020, will be amortized as follows:
(in millions) |  | 2021 |  | 2022 |  | 2023 |  | 2024 |  | 2025 |  | Thereafter
Estimated future amortization expense |  | $ | 112.6 |  |  | $ | 96.8 |  |  | $ | 91.1 |  |  | $ | 82.0 |  |  | $ | 79.5 |  |  | $ | 302.3 |
Summary of the net book values of other intangible assets, net by reportable segment | The net carrying values of the Company’s other intangible assets, net by reportable segment follows:
(in millions) |  | December 31, 2020 |  | December 31, 2019
Carlisle Construction Materials |  | $ | 300.9 |  |  | $ | 345.3 |
Carlisle Interconnect Technologies |  | 384.8 |  |  | 441.0 |
Carlisle Fluid Technologies |  | 261.3 |  |  | 272.8 |
Corporate |  | 13.9 |  |  | 1.3 |
Total |  | $ | 960.9 |  |  | $ | 1,060.4 |

X
- Definition Tabular disclosure of the carrying value of finite-lived and indefinite-lived intangible assets, excluding goodwill, in total and by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of the company. + References No definition available. + Details
Name: | csl_ScheduleOfFiniteAndIndefiniteLivedIntangibleAssetsByMajorClassTableTextBlock
Namespace Prefix: | csl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets, by segment. + References No definition available. + Details
Name: | csl_ScheduleOfFiniteAndIndefiniteLivedIntangibleAssetsBySegmentTableTextBlock
Namespace Prefix: | csl_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix: | us-gaap_
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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration