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Goodwill and Other Intangible Assets
 9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS

Changes in the carrying amount of acquired intangible assets during the nine months ended September 30, 2019 are summarized as follows (in millions):
 
Trademarks and Tradenames
 
Customer Relationships
 
Patents and Technology
 
Land Use Rights
 
Total
Gross carrying amounts:
 
 
 
 
 
 
 
 
 
Balance as of December 31, 2018
$
203.4

 
$
586.3

 
$
155.8

 
$
8.6

 
$
954.1

Foreign currency translation
(4.1
)
 
(9.4
)
 
(3.8
)
 
(0.3
)
 
(17.6
)
Balance as of September 30, 2019
$
199.3

 
$
576.9

 
$
152.0

 
$
8.3

 
$
936.5

 
Trademarks and Tradenames
 
Customer Relationships
 
Patents and Technology
 
Land Use Rights
 
Total
Accumulated amortization:
 
 
 
 
 
 
 
 
 
Balance as of December 31, 2018
$
73.4

 
$
310.8

 
$
80.7

 
$
3.0

 
$
467.9

Amortization expense
8.3

 
29.8

 
7.4

 
0.1

 
45.6

Foreign currency translation
(1.4
)
 
(6.3
)
 
(2.5
)
 
(0.1
)
 
(10.3
)
Balance as of September 30, 2019
$
80.3

 
$
334.3

 
$
85.6

 
$
3.0

 
$
503.2


 
Trademarks and
Tradenames
Indefinite-lived intangible assets:
 
Balance as of December 31, 2018
$
86.9

Foreign currency translation
(1.5
)
Balance as of September 30, 2019
$
85.4


The Company currently amortizes certain acquired intangible assets, primarily on a straight-line basis, over their estimated useful lives, which range from three to 50 years.

Changes in the carrying amount of goodwill during the nine months ended September 30, 2019 are summarized as follows (in millions):
 
North America
 
South America
 
Europe/Middle East
 
Asia/Pacific/Africa
 
Consolidated
Balance as of December 31, 2018
$
611.1

 
$
116.7

 
$
649.6

 
$
118.1

 
$
1,495.5

Foreign currency translation
—

 
(7.9
)
 
(27.7
)
 
(3.9
)
 
(39.5
)
Balance as of September 30, 2019
$
611.1

 
$
108.8

 
$
621.9

 
$
114.2

 
$
1,456.0



Goodwill is tested for impairment on an annual basis and more often if indications of impairment exist. The Company conducts its annual impairment analyses as of October 1 each fiscal year. There were no indicators of impairment during the nine months ended September 30, 2019.