XML 20 R39.htm IDEA: XBRL DOCUMENT v2.4.0.8
Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Change in Net Carrying Amount of Goodwill by Segment

The change in the net carrying amount of goodwill by segment was as follows:

 

           
(In millions)    Kitchen &
Bath
Cabinetry
     Plumbing &
Accessories
    

Advanced
Material
Windows &

Door
Systems

     Security &
Storage
     Total
Goodwill
 

Balance at December 31, 2011(a)

   $ 491.2       $ 569.7       $ 230.2       $ 75.5       $ 1,366.6   

2012 translation adjustments

     0.6                       0.2         0.8   

Acquisition-related adjustments

                     (1.1      15.1         14.0   

Balance at December 31, 2012(a)

   $ 491.8       $ 569.7       $ 229.1       $ 90.8       $ 1,381.4   

2013 translation adjustments

     (2.4                    (1.4      (3.8

Acquisition-related adjustments

     142.3                                 142.3   

Balance at December 31, 2013(a)

   $ 631.7       $ 569.7       $ 229.1       $ 89.4       $ 1,519.9   

 

(a) 

Net of accumulated impairment losses of $541.4 million ($451.3 million in the Advanced Material Windows & Door Systems segment and $90.1 million in the Security & Storage segment).

Gross Carrying Value and Accumulated Amortization by Class of Intangible Assets

The gross carrying value and accumulated amortization by class of intangible assets as of December 31, 2013 and 2012 were as follows:

 

      As of December 31, 2013      As of December 31, 2012  
(In millions)    Gross
Carrying
Amounts
     Accumulated
Amortization
    Net Book
Value
     Gross
Carrying
Amounts
     Accumulated
Amortization
    Net Book
Value
 

Indefinite-lived intangible assets — tradenames

   $ 597.2       $ (42.0 )(a)    $ 555.2       $ 603.4       $ (42.0 )(a)    $ 561.4   

Amortizable intangible assets

               

Tradenames

     19.6         (7.4     12.2         17.8         (6.9     10.9   

Customer and contractual relationships

     348.6         (182.5     166.1         274.2         (174.4     99.8   

Patents/proprietary technology

     63.2         (43.8     19.4         52.6         (41.1     11.5   

Total

     431.4         (233.7     197.7         344.6         (222.4     122.2   

Total identifiable intangibles

   $ 1,028.6       $ (275.7   $ 752.9       $ 948.0       $ (264.4   $ 683.6   

 

(a) 

Accumulated amortization prior to the adoption of revised ASC requirements for Intangibles — Goodwill and Other Assets.