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GOODWILL AND OTHER INTANGIBLE ASSETS | 3 Months Ended
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Mar. 30, 2019
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 for the three months ended March 30, 2019, were as follows:
| December 31, 2018 |  | Goodwill Resulting from Business Combinations (1) |  | Impairments |  | Foreign Currency Translation |  | March 30, 2019
HVAC reportable segment |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | $ | 261.8 |  |  | $ | — |  |  | $ | — |  |  | $ | (0.2 | ) |  | $ | 261.6 |
Accumulated impairments | (144.4 | ) |  | — |  |  | — |  |  | (0.2 | ) |  | (144.6 | )
Goodwill | 117.4 |  |  | — |  |  | — |  |  | (0.4 | ) |  | 117.0 |
Detection and Measurement reportable segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 265.0 |  |  | 35.7 |  |  | — |  |  | 1.5 |  |  | 302.2 |
Accumulated impairments | (134.3 | ) |  | — |  |  | — |  |  | (1.2 | ) |  | (135.5 | )
Goodwill | 130.7 |  |  | 35.7 |  |  | — |  |  | 0.3 |  |  | 166.7 |
Engineered Solutions reportable segment |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 335.3 |  |  | — |  |  | — |  |  | (0.6 | ) |  | 334.7 |
Accumulated impairments | (189.0 | ) |  | — |  |  | — |  |  | 0.6 |  |  | (188.4 | )
Goodwill | 146.3 |  |  | — |  |  | — |  |  | — |  |  | 146.3 |
All Other |  |  |  |  |  |  |  |  |
Gross goodwill | 20.8 |  |  | — |  |  | — |  |  | — |  |  | 20.8 |
Accumulated impairments | (20.8 | ) |  | — |  |  | — |  |  | — |  |  | (20.8 | )
Goodwill | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 882.9 |  |  | 35.7 |  |  | — |  |  | 0.7 |  |  | 919.3 |
Accumulated impairments | (488.5 | ) |  | — |  |  | — |  |  | (0.8 | ) |  | (489.3 | )
Goodwill | $ | 394.4 |  |  | $ | 35.7 |  |  | $ | — |  |  | $ | (0.1 | ) |  | $ | 430.0 |
___________________________
(1) | Reflects goodwill acquired in connection with the Sabik acquisition of $36.5, partially offset by a reduction in Cues’ goodwill during the period of $0.8 resulting from revisions to the valuation of certain income tax accounts. As indicated in Note 3, the acquired assets, including goodwill, and liabilities assumed in the Sabik and Cues acquisitions have been recorded at estimates of fair value and are subject to change upon completion of acquisition accounting.
Other Intangibles, Net Identifiable intangible assets at March 30, 2019 and December 31, 2018 comprised the following:
| March 30, 2019 |  | December 31, 2018
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value
Intangible assets with determinable lives:(1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 61.1 |  |  | $ | (4.7 | ) |  | $ | 56.4 |  |  | $ | 44.8 |  |  | $ | (3.5 | ) |  | $ | 41.3 |
Technology | 26.2 |  |  | (1.4 | ) |  | 24.8 |  |  | 17.1 |  |  | (1.1 | ) |  | 16.0 |
Patents | 4.5 |  |  | (4.5 | ) |  | — |  |  | 4.5 |  |  | (4.5 | ) |  | — |
Other | 11.8 |  |  | (8.0 | ) |  | 3.8 |  |  | 11.3 |  |  | (7.9 | ) |  | 3.4 |
| 103.6 |  |  | (18.6 | ) |  | 85.0 |  |  | 77.7 |  |  | (17.0 | ) |  | 60.7 |
Trademarks with indefinite lives(2) | 146.9 |  |  | — |  |  | 146.9 |  |  | 137.7 |  |  | — |  |  | 137.7 |
Total | $ | 250.5 |  |  | $ | (18.6 | ) |  | $ | 231.9 |  |  | $ | 215.4 |  |  | $ | (17.0 | ) |  | $ | 198.4 |
___________________________
(1) | The identifiable intangible assets associated with the Sabik acquisition consist of customer backlog, customer relationships, definite lived trademarks, and technology of $0.4, $16.3, $0.2 and $9.1, respectively.
(2) | Changes during the three months ended March 30, 2019 related primarily to the acquisition of Sabik trademarks of $9.0.
In connection with the acquisition of Sabik, which has determinable lived intangibles as noted above, we updated our estimated annual amortization expense related to intangible assets to approximately $7.7 for the full year 2019 and for each of the five years thereafter. At March 30, 2019, the net carrying value of intangible assets with determinable lives consisted of $3.2 in the HVAC reportable segment and $81.8 in the Detection and Measurement reportable segment. At March 30, 2019, trademarks with indefinite lives consisted of $89.3 in the HVAC reportable segment, $48.5 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 17). 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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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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