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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 3 Months Ended
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Mar. 29, 2014
GOODWILL AND OTHER INTANGIBLE ASSETS |
Schedule of changes in the carrying amount of goodwill, by reportable segment and other operating segments |
|  |  |  | Goodwill |  |  |  | Foreign |  |  |
|  |  |  | resulting from |  |  |  | currency |  |  |
|  | December 31, |  | business |  |  |  | translation |  | March 29, |
|  | 2013 |  | combinations |  | Impairments |  | and other |  | 2014 |
Flow Technology reportable segment |  |  |  |  |  |  |  |  |  |  |
Gross goodwill |  | $ | 1,120.2 |  | $ | — |  | $ | — |  | $ | 3.2 |  | $ | 1,123.4 |
Accumulated impairments |  | — |  | — |  | — |  | — |  | — |
Goodwill |  | 1,120.2 |  | — |  | — |  | 3.2 |  | 1,123.4 |
Thermal Equipment and Services reportable segment |  |  |  |  |  |  |  |  |  |  |
Gross goodwill |  | 570.0 |  | — |  | — |  | 5.1 |  | 575.1 |
Accumulated impairments |  | (399.5 | ) | — |  | — |  | (4.5 | ) | (404.0 | )
Goodwill |  | 170.5 |  | — |  | — |  | 0.6 |  | 171.1 |
Industrial Products and Services and Other |  |  |  |  |  |  |  |  |  |  |
Gross goodwill |  | 366.8 |  | — |  | — |  | 0.8 |  | 367.6 |
Accumulated impairments |  | (140.5 | ) | — |  | — |  | (0.6 | ) | (141.1 | )
Goodwill |  | 226.3 |  | — |  | — |  | 0.2 |  | 226.5 |
Total |  |  |  |  |  |  |  |  |  |  |
Gross goodwill |  | 2,057.0 |  | — |  | — |  | 9.1 |  | 2,066.1 |
Accumulated impairments |  | (540.0 | ) | — |  | — |  | (5.1 | ) | (545.1 | )
Goodwill |  | $ | 1,517.0 |  | $ | — |  | $ | — |  | $ | 4.0 |  | $ | 1,521.0 |
Schedule of identifiable intangible assets |
|  | March 29, 2014 |  | December 31, 2013 |
|  | Gross |  |  |  | Net |  | Gross |  |  |  | Net |
|  | carrying |  | Accumulated |  | carrying |  | carrying |  | Accumulated |  | carrying |
|  | value |  | amortization |  | value |  | value |  | amortization |  | value |
Intangible assets with determinable lives: |  |  |  |  |  |  |  |  |  |  |  |  |
Patents |  | $ | 11.4 |  | $ | (8.5 | ) | $ | 2.9 |  | $ | 11.5 |  | $ | (8.3 | ) | $ | 3.2 |
Technology |  | 198.1 |  | (55.9 | ) | 142.2 |  | 196.3 |  | (52.4 | ) | 143.9 |
Customer relationships |  | 414.6 |  | (84.1 | ) | 330.5 |  | 412.0 |  | (78.6 | ) | 333.4 |
Other |  | 30.4 |  | (18.6 | ) | 11.8 |  | 31.0 |  | (18.6 | ) | 12.4 |
|  | 654.5 |  | (167.1 | ) | 487.4 |  | 650.8 |  | (157.9 | ) | 492.9 |
Trademarks with indefinite lives |  | 433.7 |  | — |  | 433.7 |  | 431.8 |  | — |  | 431.8 |
Total |  | $ | 1,088.2 |  | $ | (167.1 | ) | $ | 921.1 |  | $ | 1,082.6 |  | $ | (157.9 | ) | $ | 924.7 |

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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 + Details
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