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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in the Carrying Amount of Goodwill | The changes in the carrying amount of goodwill for 2016 and 2015, by reportable business segment, were as follows:
| Fluid & Metering Technologies |  | Health & Science Technologies |  | Fire & Safety/ Diversified Products |  | Total
| (In thousands)
Goodwill | $ | 544,870 |  |  | $ | 713,285 |  |  | $ | 263,753 |  |  | $ | 1,521,908 |
Accumulated goodwill impairment losses | (20,721 | ) |  | (149,820 | ) |  | (30,090 | ) |  | (200,631 | )
Balance at January 1, 2015 | 524,149 |  |  | 563,465 |  |  | 233,663 |  |  | 1,321,277 |
Foreign currency translation | (11,318 | ) |  | (6,155 | ) |  | (12,509 | ) |  | (29,982 | )
Acquisitions | 71,939 |  |  | 43,508 |  |  | — |  |  | 115,447 |
Disposition of businesses | — |  |  | (10,213 | ) |  | — |  |  | (10,213 | )
Balance at December 31, 2015 | 584,770 |  |  | 590,605 |  |  | 221,154 |  |  | 1,396,529 |
Foreign currency translation | (5,951 | ) |  | (23,559 | ) |  | (7,972 | ) |  | (37,482 | )
Acquisitions | — |  |  | 143,719 |  |  | 146,674 |  |  | 290,393 |
Disposition of businesses | (3,759 | ) |  | (12,013 | ) |  | — |  |  | (15,772 | )
Acquisition adjustments | (1,623 | ) |  | 547 |  |  | — |  |  | (1,076 | )
Balance at December 31, 2016 | $ | 573,437 |  |  | $ | 699,299 |  |  | $ | 359,856 |  |  | $ | 1,632,592 |
Schedule of Gross Carrying Value and Accumulated Amortization For Each Major Class of Intangible Asset | The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset at December 31, 2016 and 2015:
| At December 31, 2016 |  |  |  | At December 31, 2015
| Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Weighted Average Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
|  |  | (In thousands) |  |  |  |  |  |  |  | (In thousands) |  |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | $ | 9,856 |  |  | $ | (6,635 | ) |  | $ | 3,221 |  |  | 11 |  | $ | 10,202 |  |  | $ | (6,175 | ) |  | $ | 4,027 |
Trade names | 113,428 |  |  | (42,653 | ) |  | 70,775 |  |  | 16 |  | 110,658 |  |  | (38,696 | ) |  | 71,962 |
Customer relationships | 369,087 |  |  | (161,065 | ) |  | 208,022 |  |  | 12 |  | 257,071 |  |  | (144,134 | ) |  | 112,937 |
Non-compete agreements | — |  |  | — |  |  | — |  |  | 3 |  | 794 |  |  | (775 | ) |  | 19 |
Unpatented technology | 106,747 |  |  | (44,516 | ) |  | 62,231 |  |  | 12 |  | 78,562 |  |  | (42,745 | ) |  | 35,817 |
Other | 6,527 |  |  | (6,172 | ) |  | 355 |  |  | 10 |  | 6,554 |  |  | (5,579 | ) |  | 975 |
Total amortized intangible assets | 605,645 |  |  | (261,041 | ) |  | 344,604 |  |  |  |  | 463,841 |  |  | (238,104 | ) |  | 225,737 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Banjo trade name | 62,100 |  |  | — |  |  | 62,100 |  |  |  |  | 62,100 |  |  | — |  |  | 62,100 |
Akron Brass trade name | 28,800 |  |  | — |  |  | 28,800 |  |  |  |  | — |  |  | — |  |  | — |
Total intangible assets | $ | 696,545 |  |  | $ | (261,041 | ) |  | $ | 435,504 |  |  |  |  | $ | 525,941 |  |  | $ | (238,104 | ) |  | $ | 287,837 |

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