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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in the Carrying Amount of Goodwill | The changes in the carrying amount of goodwill for 2015 and 2014, by business segment, were as follows:
| Fluid & Metering Technologies |  | Health & Science Technologies |  | Fire & Safety/ Diversified Products |  | Total
| (In thousands)
Goodwill | $ | 548,765 |  |  | $ | 721,495 |  |  | $ | 279,827 |  |  | $ | 1,550,087 |
Accumulated goodwill impairment losses | (20,721 | ) |  | (149,820 | ) |  | (30,090 | ) |  | (200,631 | )
Balance at January 1, 2014 | 528,044 |  |  | 571,675 |  |  | 249,737 |  |  | 1,349,456 |
Acquisitions (Note 2) | 7,711 |  |  | — |  |  | — |  |  | 7,711 |
Foreign currency translation | (11,606 | ) |  | (8,210 | ) |  | (16,074 | ) |  | (35,890 | )
Balance at December 31, 2014 | 524,149 |  |  | 563,465 |  |  | 233,663 |  |  | 1,321,277 |
Acquisitions (Note 2) | 71,939 |  |  | 43,508 |  |  | — |  |  | 115,447 |
Foreign currency translation | (11,318 | ) |  | (6,155 | ) |  | (12,509 | ) |  | (29,982 | )
Divestiture (Note 2) | — |  |  | (10,213 | ) |  | — |  |  | (10,213 | )
Balance at December 31, 2015 | $ | 584,770 |  |  | $ | 590,605 |  |  | $ | 221,154 |  |  | $ | 1,396,529 |
Schedule of Gross Carrying Value and Accumulated Amortization For Each Major Class of Intangible Asset | The gross carrying value and accumulated amortization for each major class of intangible asset at December 31, 2015 and 2014 is as follows:
| At December 31, 2015 |  |  |  | At December 31, 2014
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Weighted Average Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
|  |  | (In thousands) |  |  |  |  |  |  |  | (In thousands) |  |
Amortizable intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | $ | 10,202 |  |  | $ | (6,175 | ) |  | $ | 4,027 |  |  | 11 |  | $ | 10,016 |  |  | $ | (5,313 | ) |  | $ | 4,703 |
Trade names | 110,658 |  |  | (38,696 | ) |  | 71,962 |  |  | 16 |  | 104,118 |  |  | (32,881 | ) |  | 71,237 |
Customer relationships | 257,071 |  |  | (144,134 | ) |  | 112,937 |  |  | 11 |  | 222,486 |  |  | (126,193 | ) |  | 96,293 |
Non-compete agreements | 794 |  |  | (775 | ) |  | 19 |  |  | 3 |  | 840 |  |  | (636 | ) |  | 204 |
Unpatented technology | 78,562 |  |  | (42,745 | ) |  | 35,817 |  |  | 10 |  | 69,760 |  |  | (35,165 | ) |  | 34,595 |
Other | 6,554 |  |  | (5,579 | ) |  | 975 |  |  | 10 |  | 7,034 |  |  | (5,002 | ) |  | 2,032 |
Total amortizable intangible assets | 463,841 |  |  | (238,104 | ) |  | 225,737 |  |  |  |  | 414,254 |  |  | (205,190 | ) |  | 209,064 |
Unamortized intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |
Banjo trade name | 62,100 |  |  | — |  |  | 62,100 |  |  |  |  | 62,100 |  |  | — |  |  | 62,100 |
Total intangible assets | $ | 525,941 |  |  | $ | (238,104 | ) |  | $ | 287,837 |  |  |  |  | $ | 476,354 |  |  | $ | (205,190 | ) |  | $ | 271,164 |

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