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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in Goodwill by Segment | The following table represents the activity in goodwill net of accumulated goodwill impairment loss (“goodwill, net”) and accumulated goodwill impairment loss by segment for 2020 (1):
| D&S East |  | D&S West |  | E&C Cryogenics |  | E&C FinFans |  | Cryo Tank Solutions |  | Heat Transfer Systems |  | Specialty Products |  | Repair, Service & Leasing |  | Consoli-dated |  |  |  |  |  |  |
Goodwill, net balance at December 31, 2019 | $ | 117.0 |  |  | $ | 118.6 |  |  | $ | 176.2 |  |  | $ | 399.6 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 811.4 |  |  |  |  |  |  |  |
Foreign currency translation adjustments and other | 4.5 |  |  | — |  |  | — |  |  | 1.3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 5.8 |  |  |  |  |  |  |  |
Purchase price adjustments | — |  |  | — |  |  | — |  |  | 0.4 |  |  | — |  |  |  |  |  |  |  |  | 0.4 |  |  |  |  |  |  |  |
Goodwill, net balance at September 30, 2020 | 121.5 |  |  | 118.6 |  |  | 176.2 |  |  | 401.3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 817.6 |  |  |  |  |  |  |  |
Reallocation, D&S East | (121.5) |  |  | — |  |  | — |  |  | — |  |  | 43.3 |  |  | — |  |  | 64.6 |  |  | 13.6 |  |  | — |  |  |  |  |  |  |  |
Reallocation, D&S West | — |  |  | (118.6) |  |  | — |  |  | — |  |  | 43.2 |  |  | — |  |  | 63.6 |  |  | 11.8 |  |  | — |  |  |  |  |  |  |  |
Reallocation, E&C Cryogenics | — |  |  | — |  |  | (176.2) |  |  | — |  |  | — |  |  | 137.0 |  |  | 5.6 |  |  | 33.6 |  |  | — |  |  |  |  |  |  |  |
Reallocation, E&C FinFans | — |  |  | — |  |  | — |  |  | (401.3) |  |  | — |  |  | 295.6 |  |  | — |  |  | 105.7 |  |  | — |  |  |  |  |  |  |  |
Goodwill, net balance at October 1, 2020 | — |  |  | — |  |  | — |  |  | — |  |  | 86.5 |  |  | 432.6 |  |  | 133.8 |  |  | 164.7 |  |  | 817.6 |  |  |  |  |  |  |  |
Foreign currency translation adjustments and other | — |  |  | — |  |  | — |  |  | — |  |  | 6.7 |  |  | 2.6 |  |  | (0.2) |  |  | 0.4 |  |  | 9.5 |  |  |  |  |  |  |  |
Goodwill acquired during the period | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 38.8 |  |  | — |  |  | 38.8 |  |  |  |  |  |  |  |
Goodwill, net balance at December 31, 2020 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 93.2 |  |  | $ | 435.2 |  |  | $ | 172.4 |  |  | $ | 165.1 |  |  | $ | 865.9 |  |  |  |  |  |  |  |
Accumulated goodwill impairment loss at December 31, 2019 | $ | — |  |  | $ | 64.4 |  |  | $ | 40.9 |  |  | $ | 23.7 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 129.0 |  |  |  |  |  |  |  |
Accumulated goodwill impairment loss at September 30, 2020 | — |  |  | 64.4 |  |  | 40.9 |  |  | 23.7 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 129.0 |  |  |  |  |  |  |  |
Reallocation, D&S West | — |  |  | (64.4) |  |  | — |  |  | — |  |  | 23.5 |  |  | — |  |  | 34.5 |  |  | 6.4 |  |  | — |  |  |  |  |  |  |  |
Reallocation, E&C Cryogenics | — |  |  | — |  |  | (40.9) |  |  | — |  |  | — |  |  | 31.8 |  |  | 1.3 |  |  | 7.8 |  |  | — |  |  |  |  |  |  |  |
Reallocation, E&C FinFans | — |  |  | — |  |  | — |  |  | (23.7) |  |  | — |  |  | 17.5 |  |  | — |  |  | 6.2 |  |  | — |  |  |  |  |  |  |  |
Accumulated goodwill impairment loss at December 31, 2020 | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 23.5 |  |  | $ | 49.3 |  |  | $ | 35.8 |  |  | $ | 20.4 |  |  | $ | 129.0 |  |  |  |  |  |  |  |
_______________ (1)The prior segments’ goodwill and accumulated goodwill impairment loss at December 31, 2019 were reassigned to four new reporting units, Cryo Tank Solutions, Heat Transfer Systems, Specialty Products and Repair, Service & Leasing, based on their relative fair values as of October 1, 2020. The following table represents the activity in goodwill, net and accumulated goodwill impairment loss by segment for 2019 (1):
| D&S East |  | D&S West |  | E&C |  | E&C Cryogenics |  | E&C FinFans |  | Consolidated
Goodwill, net balance at December 31, 2018 | $ | 73.6 |  |  | $ | 117.8 |  |  | $ | 295.8 |  |  | $ | — |  |  | $ | — |  |  | $ | 487.2 |
Reallocation, E&C | — |  |  | — |  |  | (295.8) |  |  | 183.5 |  |  | 112.3 |  |  | — |
Foreign currency translation adjustments and other | (0.9) |  |  | — |  |  | — |  |  | (0.6) |  |  | (0.2) |  |  | (1.7) |
Goodwill acquired during the year | — |  |  | — |  |  | — |  |  | — |  |  | 287.5 |  |  | 287.5 |
Purchase price adjustments (2) | 44.3 |  |  | 0.8 |  |  | — |  |  | (6.7) |  |  | — |  |  | 38.4 |
Goodwill, net balance at December 31, 2019 | $ | 117.0 |  |  | $ | 118.6 |  |  | $ | — |  |  | $ | 176.2 |  |  | $ | 399.6 |  |  | $ | 811.4 |
Accumulated goodwill impairment loss at December 31, 2018 | $ | — |  |  | $ | 64.4 |  |  | $ | 64.6 |  |  | $ | — |  |  | $ | — |  |  | $ | 129.0 |
Accumulated goodwill impairment loss at December 31, 2019 | $ | — |  |  | $ | 64.4 |  |  | $ | — |  |  | $ | 40.9 |  |  | $ | 23.7 |  |  | $ | 129.0 |
_______________ (1)The prior E&C segment goodwill and accumulated goodwill impairment loss at December 31, 2018 were reassigned to two reporting units, E&C Cryogenics and E&C FinFans, based on their relative fair values as of July 1, 2019. (2)During 2019, we recorded purchase price adjustments related to previous acquisitions including an increase of $44.3 in D&S East, a decrease of $6.7 in E&C Cryogenics and an increase of $0.8 in D&S West.
Schedule of Indefinite-Lived Intangible Assets, Excluding Goodwill | The following table displays the gross carrying amount and accumulated amortization for finite-lived intangible assets and indefinite-lived intangible assets (exclusive of goodwill) (1):
|  |  | December 31, 2020 |  | December 31, 2019
| Weighted-average Estimated Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |
Customer relationships | 13 years |  | $ | 302.5 |  |  | $ | (59.9) |  |  | $ | 380.3 |  |  | $ | (115.0) |
Unpatented technology | 13 years |  | 110.4 |  |  | (22.3) |  |  | 90.1 |  |  | (13.0) |
Patents and other | 5 years |  | 8.4 |  |  | (1.8) |  |  | 20.9 |  |  | (9.8) |
Trademarks and trade names | 14 years |  | 3.6 |  |  | (1.4) |  |  | 2.4 |  |  | (1.2) |
Land rights | 50 years |  | 11.1 |  |  | (1.4) |  |  | 11.0 |  |  | (1.2) |
Total finite-lived intangible assets | 13 years |  | $ | 436.0 |  |  | $ | (86.8) |  |  | $ | 504.7 |  |  | $ | (140.2) |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |
Trademarks and trade names |  |  | $ | 143.9 |  |  | $ | — |  |  | $ | 157.9 |  |  | $ | — |
Total intangible assets |  |  | $ | 579.9 |  |  | $ | (86.8) |  |  | $ | 662.6 |  |  | $ | (140.2) |
_______________ (1)Amounts include the impact of foreign currency translation. Fully amortized or impaired amounts are written off.
Schedule of Finite-Lived Intangible Assets | The following table displays the gross carrying amount and accumulated amortization for finite-lived intangible assets and indefinite-lived intangible assets (exclusive of goodwill) (1):
|  |  | December 31, 2020 |  | December 31, 2019
| Weighted-average Estimated Useful Life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |
Customer relationships | 13 years |  | $ | 302.5 |  |  | $ | (59.9) |  |  | $ | 380.3 |  |  | $ | (115.0) |
Unpatented technology | 13 years |  | 110.4 |  |  | (22.3) |  |  | 90.1 |  |  | (13.0) |
Patents and other | 5 years |  | 8.4 |  |  | (1.8) |  |  | 20.9 |  |  | (9.8) |
Trademarks and trade names | 14 years |  | 3.6 |  |  | (1.4) |  |  | 2.4 |  |  | (1.2) |
Land rights | 50 years |  | 11.1 |  |  | (1.4) |  |  | 11.0 |  |  | (1.2) |
Total finite-lived intangible assets | 13 years |  | $ | 436.0 |  |  | $ | (86.8) |  |  | $ | 504.7 |  |  | $ | (140.2) |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |
Trademarks and trade names |  |  | $ | 143.9 |  |  | $ | — |  |  | $ | 157.9 |  |  | $ | — |
Total intangible assets |  |  | $ | 579.9 |  |  | $ | (86.8) |  |  | $ | 662.6 |  |  | $ | (140.2) |
_______________ (1)Amounts include the impact of foreign currency translation. Fully amortized or impaired amounts are written off.
Future Amortization Expense | We estimate amortization expense to be recognized during the next five years as follows:
For the Year Ending December 31, |
2021 | $ | 36.7 |
2022 | 34.5 |
2023 | 34.4 |
2024 | 34.0 |
2025 | 33.1 |
Schedule of Government Grants | China Government Grants are presented in our consolidated balance sheets as follows:
| December 31,
| 2020 |  | 2019
Current | $ | 0.5 |  |  | $ | 0.5 |
Long-term | 7.3 |  |  | 7.2 |
Total China Government Grants | $ | 7.8 |  |  | $ | 7.7 |

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