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GOODWILL AND OTHER INTANGIBLE ASSETS | 9 Months Ended
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Sep. 29, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS | GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill The changes in the carrying amount of goodwill, by reportable segment, for the nine months ended September 29, 2018, were as follows:
| December 31, 2017 |  | Goodwill Resulting from Business Combinations (1) |  | Impairments |  | Foreign Currency Translation |  | September 29, 2018
HVAC segment |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | $ | 263.7 |  |  | $ | — |  |  | $ | — |  |  | $ | (0.6 | ) |  | $ | 263.1 |
Accumulated impairments | (144.7 | ) |  | — |  |  | — |  |  | 0.1 |  |  | (144.6 | )
Goodwill | 119.0 |  |  | — |  |  | — |  |  | (0.5 | ) |  | 118.5 |
Detection and Measurement segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 216.6 |  |  | 48.4 |  |  | — |  |  | (0.5 | ) |  | 264.5 |
Accumulated impairments | (136.0 | ) |  | — |  |  | — |  |  | 0.5 |  |  | (135.5 | )
Goodwill | 80.6 |  |  | 48.4 |  |  | — |  |  | — |  |  | 129.0 |
Engineered Solutions segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 358.3 |  |  | — |  |  | — |  |  | (0.7 | ) |  | 357.6 |
Accumulated impairments | (212.0 | ) |  | — |  |  | — |  |  | 0.7 |  |  | (211.3 | )
Goodwill | 146.3 |  |  | — |  |  | — |  |  | — |  |  | 146.3 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 838.6 |  |  | 48.4 |  |  | — |  |  | (1.8 | ) |  | 885.2 |
Accumulated impairments | (492.7 | ) |  | — |  |  | — |  |  | 1.3 |  |  | (491.4 | )
Goodwill | $ | 345.9 |  |  | $ | 48.4 |  |  | $ | — |  |  | $ | (0.5 | ) |  | $ | 393.8 |
___________________________
(1) | Reflects amounts acquired in connection with the Schonstedt and Cues acquisitions of $1.8 and $46.6, respectively.
Other Intangibles, Net Identifiable intangible assets at September 29, 2018 and December 31, 2017 comprised the following:
| September 29, 2018 |  | December 31, 2017
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value
Intangible assets with determinable lives:(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 44.8 |  |  | $ | (2.6 | ) |  | $ | 42.2 |  |  | $ | 1.4 |  |  | $ | (1.4 | ) |  | $ | — |
Technology | 17.1 |  |  | (0.8 | ) |  | 16.3 |  |  | 2.1 |  |  | (0.5 | ) |  | 1.6 |
Patents | 4.5 |  |  | (4.5 | ) |  | — |  |  | 4.5 |  |  | (4.5 | ) |  | — |
Other | 11.3 |  |  | (7.6 | ) |  | 3.7 |  |  | 11.7 |  |  | (7.9 | ) |  | 3.8 |
| 77.7 |  |  | (15.5 | ) |  | 62.2 |  |  | 19.7 |  |  | (14.3 | ) |  | 5.4 |
Trademarks with indefinite lives(2) | 138.1 |  |  | — |  |  | 138.1 |  |  | 112.2 |  |  | — |  |  | 112.2 |
Total | $ | 215.8 |  |  | $ | (15.5 | ) |  | $ | 200.3 |  |  | $ | 131.9 |  |  | $ | (14.3 | ) |  | $ | 117.6 |
___________________________
(1) | The identifiable intangible assets associated with the Schonstedt acquisition consist of customer relationships and technology of $0.8 and $8.3, respectively. The identifiable intangible assets associated with the Cues acquisition consist of customer backlog, customer relationships, and technology of $0.8, $42.6, and $8.5, respectively. Additionally, the technology associated with Heat Transfer of $1.5 was sold during the second quarter of 2018 in connection with the planned wind-down of the business.
(2) | Changes during the nine months ended September 29, 2018 related primarily to the acquisition of the Schonstedt and Cues trademarks of $1.8 and $27.6, respectively, and the sale of the trademarks associated with Heat Transfer of $3.3 in connection with the planned wind-down of the business.
At September 29, 2018, the net carrying value of intangible assets with determinable lives consisted of $3.4 in the HVAC reportable segment and $58.8 in the Detection and Measurement reportable segment. At September 29, 2018, trademarks with indefinite lives consisted of $89.5 in the HVAC reportable segment, $39.5 in the Detection and Measurement reportable segment, and $9.1 in the Engineered Solutions reportable segment. We perform our annual goodwill impairment testing during the fourth quarter in conjunction with our annual financial planning process, with such testing based primarily on events and circumstances existing as of the end of the third quarter. In addition, we test goodwill for impairment on a more frequent basis if there are indications of potential impairment. A significant amount of judgment is involved in determining if an indication of impairment has occurred between annual testing dates. Such indication may include: a significant decline in expected future cash flows; a significant adverse change in legal factors or the business climate; unanticipated competition; and a more likely than not expectation of selling or disposing all, or a portion, of a reporting unit. We perform our annual trademarks impairment testing during the fourth quarter, or on a more frequent basis, if there are indications of potential impairment. The fair values of our trademarks are determined by applying estimated royalty rates to projected revenues, with the resulting cash flows discounted at a rate of return that reflects current market conditions (fair value based on unobservable inputs - Level 3, as defined in Note 16). The primary basis for these projected revenues is the annual operating plan for each of the related businesses, which is prepared in the fourth quarter of each year.

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