Goodwill and Identifiable Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2014

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
Goodwill at December 31, 2013 ^(a)	$	631.7		$	569.7	$	229.1	$	89.4		$	1,519.9
Year-to-date translation adjustments		(1.5	)		—		—		(0.8	)		(2.3	)
Acquisition-related adjustments		0.4			—		—		—			0.4

Goodwill at March 31, 2014 ^(a)	$	630.6		$	569.7	$	229.1	$	88.6		$	1,518.0

^(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 March 31, 2014 and December 31, 2013 were as follows:


	As of March 31, 2014							As of December 31, 2013
	Gross					Net		Gross					Net
	Carrying		Accumulated			Book		Carrying		Accumulated			Book
(In millions)	Amounts		Amortization			Value		Amounts		Amortization			Value
Indefinite-lived tradenames	$	593.6	$	(42.0	)^(a)	$	551.6	$	597.2	$	(42.0	)^(a)	$	555.2
Amortizable intangible assets
Tradenames		19.3		(7.5	)		11.8		19.6		(7.4	)		12.2
Customer and contractual relationships		346.8		(184.2	)		162.6		348.6		(182.5	)		166.1
Patents/proprietary technology		63.4		(44.5	)		18.9		63.2		(43.8	)		19.4

Total		429.5		(236.2	)		193.3		431.4		(233.7	)		197.7

Total identifiable intangibles	$	1,023.1	$	(278.2	)	$	744.9	$	1,028.6	$	(275.7	)	$	752.9

^(a)

Accumulated amortization prior to the adoption of revised Accounting Standards Codification (“ASC”) requirements for Intangibles – Goodwill and Other Assets.