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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 9 Months Ended
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Oct. 02, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in Goodwill | The changes in the carrying amount of goodwill for the nine months ended October 2, 2021 were as follows:
| December 31, 2020 |  |  |  | Goodwill Resulting from Business Combinations (1) |  | Impairments (2) |  |  |  | Foreign Currency Translation |  | October 2, 2021
HVAC reportable segment |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | $ | 492.2 |  |  |  |  | $ | — |  |  | $ | — |  |  |  |  | $ | (6.5) |  |  | $ | 485.7 |
Accumulated impairments | (340.6) |  |  |  |  | — |  |  | — |  |  |  |  | 4.5 |  |  | (336.1) |
Goodwill | 151.6 |  |  |  |  | — |  |  | — |  |  |  |  | (2.0) |  |  | 149.6 |
Detection and Measurement reportable segment |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 351.5 |  |  |  |  | 64.2 |  |  | — |  |  |  |  | (3.6) |  |  | 412.1 |
Accumulated impairments | (134.5) |  |  |  |  | — |  |  | (23.3) |  |  |  |  | 0.1 |  |  | (157.7) |
Goodwill | 217.0 |  |  |  |  | 64.2 |  |  | (23.3) |  |  |  |  | (3.5) |  |  | 254.4 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | — |  |  |  |  | — |  |  | — |  |  |  |  | — |  |  | — |
Accumulated impairments | — |  |  |  |  | — |  |  | — |  |  |  |  | — |  |  | — |
Goodwill | — |  |  |  |  | — |  |  | — |  |  |  |  | — |  |  | — |
Total |  |  |  |  |  |  |  |  |  |  |  |  |
Gross goodwill | 843.7 |  |  |  |  | 64.2 |  |  | — |  |  |  |  | (10.1) |  |  | 897.8 |
Accumulated impairments | (475.1) |  |  |  |  | — |  |  | (23.3) |  |  |  |  | 4.6 |  |  | (493.8) |
Goodwill | $ | 368.6 |  |  |  |  | $ | 64.2 |  |  | $ | (23.3) |  |  |  |  | $ | (5.5) |  |  | $ | 404.0 |
___________________________ (1)Reflects (i) goodwill acquired with the Sealite and ECS acquisitions of $38.5 and $20.6, re spectively, (ii) an increase in ULC's goodwill during 202 1 of $3.1 resulting from revisions to the valuation of certain assets and liabilities and income tax accounts, and (iii) an increase in Sensors & Software's goodwill of $2.0 resulting from revisions to the valuation of certain assets and liabilities and income tax accounts. As indicated in Note 1, the acquired assets, in cluding goodwill, and liabilities assumed in the Sealite, ECS and Sensors & Software acquisitions have been recorded at estimates of fair value and are subject to change upon completion of acquisition accounting. (2)As indicated in Note 1, we concluded during the third quarter of 2021 that the operating and financial milestones related to the ULC contingent consideration would not be achieved, resulting in the reversal of the related liability of $24.3, with the offset to “Other operating (income) expense.” We also concluded that the lack of achievement of these milestones, along with lower than anticipated future cash flows, are indicators of potential impairment related to ULC’s indefinite-lived intangible assets and goodwill. As such, we tested ULC’s indefinite-lived intangible assets and goodwill for impairment during the quarter. Based on such testing, we determined that the carrying value of ULC’s net assets exceeded the implied fair value of the business. As a result, we recorded an impairment charge to “Other operating (income) expense” of $24.3 during the quarter, with $23.3 related to goodwill and the remainder to trademarks.
Schedule of Identifiable Intangible Assets | Identifiable intangible assets at October 2, 2021 and December 31, 2020 comprised the following:
| October 2, 2021 |  | December 31, 2020
| Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Value |  | Accumulated Amortization |  | Net Carrying Value
Intangible assets with determinable lives (1): |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 126.6 |  |  | $ | (23.7) |  |  | $ | 102.9 |  |  | $ | 103.4 |  |  | $ | (16.2) |  |  | $ | 87.2 |
Technology | 65.9 |  |  | (10.5) |  |  | 55.4 |  |  | 54.4 |  |  | (6.8) |  |  | 47.6 |
Patents | 4.5 |  |  | (4.5) |  |  | — |  |  | 4.5 |  |  | (4.5) |  |  | — |
Other | 22.4 |  |  | (16.7) |  |  | 5.7 |  |  | 18.8 |  |  | (12.5) |  |  | 6.3 |
| 219.4 |  |  | (55.4) |  |  | 164.0 |  |  | 181.1 |  |  | (40.0) |  |  | 141.1 |
Trademarks with indefinite lives (2) | 173.2 |  |  | — |  |  | 173.2 |  |  | 163.9 |  |  | — |  |  | 163.9 |
Total | $ | 392.6 |  |  | $ | (55.4) |  |  | $ | 337.2 |  |  | $ | 345.0 |  |  | $ | (40.0) |  |  | $ | 305.0 |
___________________________ (1)The identifiable intangible assets as sociated with the Sealite and ECS acquisitions consist of customer backlog of $1.9 and $0.8, respectively, customer relationships of $12.1 and $12.6, respectively, technology of $6.6 and $5.8, respectively, and definite-lived trademarks of $0.0 and $1.2, respectively. (2)Changes during the nine months ended October 2, 2021 related primarily to the acquisition of Sealite trademarks of $11.6 and, as previously discussed, the impairment charge of $1.0 related to ULC's trademarks.

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