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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 28, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill

The changes in the carrying amount of goodwill for the three months ended March 28, 2020 were as follows:

			December 31, 2019												Goodwill Resulting from Business Combinations (1)						Impairments												Foreign Currency Translation						March 28, 2020
HVAC reportable segment
Gross goodwill			$	277.1											$	(0.1)					$	—											$	(1.7)					$	275.3
Accumulated impairments			(144.6)												—						—												0.5						(144.1)
Goodwill			132.5												(0.1)						—												(1.2)						131.2
Detection and Measurement reportable segment
Gross goodwill			304.1												—						—												(4.3)						299.8
Accumulated impairments			(133.6)												—						—												2.9						(130.7)
Goodwill			170.5												—						—												(1.4)						169.1
Engineered Solutions reportable segment
Gross goodwill			334.2												—						—												(2.5)						331.7
Accumulated impairments			(187.9)												—						—												2.5						(185.4)
Goodwill			146.3												—						—												—						146.3
All Other
Gross goodwill			20.8												—						—												—						20.8
Accumulated impairments			(20.8)												—						—												—						(20.8)
Goodwill			—												—						—												—						—
Total
Gross goodwill			936.2												(0.1)						—												(8.5)						927.6
Accumulated impairments			(486.9)												—						—												5.9						(481.0)
Goodwill			$	449.3											$	(0.1)					$	—											$	(2.6)					$	446.6

___________________________

⁽¹⁾ Reflects a reduction in Patterson-Kelley's goodwill during the period of $0.5 resulting from revisions to the valuation of certain tangible assets, partially offset by an increase in SGS's goodwill during the period of $0.4 resulting from revisions to the valuation of certain income tax accounts. As indicated in Note 1, the acquired assets, including goodwill, and liabilities assumed in the SGS and Patterson-Kelley acquisitions have been recorded at estimates of fair value and are subject to change upon completion of acquisition accounting.

Schedule of Identifiable Intangible Assets

Identifiable intangible assets at March 28, 2020 and December 31, 2019 comprised the following:

			March 28, 2020																														December 31, 2019
			Gross Carrying Value						Accumulated Amortization						Net Carrying Value						Gross Carrying Value						Accumulated Amortization						Net Carrying Value
Intangible assets with determinable lives:
Customer relationships			$	77.2					$	(10.3)					$	66.9					$	77.4					$	(8.7)					$	68.7
Technology			29.3						(4.0)						25.3						29.5						(3.3)						26.2
Patents			4.5						(4.5)						—						4.5						(4.5)						—
Other			12.3						(9.4)						2.9						12.6						(9.2)						3.4
			123.3						(28.2)						95.1						124.0						(25.7)						98.3
Trademarks with indefinite lives			152.5						—						152.5						153.4						—						153.4
Total			$	275.8					$	(28.2)					$	247.6					$	277.4					$	(25.7)					$	251.7

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
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-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267

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Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

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