XML 136 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9
Goodwill and Identifiable Intangible Assets (Tables)
 12 Months Ended
Dec. 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)    Cabinets      Plumbing      Doors      Security      Total
Goodwill		  

Balance at December 31, 2012(a)

    $ 491.8       $ 569.7       $ 143.0       $ 90.8       $ 1,295.3   

2012 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       $ 143.0       $ 89.4       $ 1,433.8   

2013 translation adjustments

      (2.7 )       —        —        (1.4 )       (4.1 ) 

Acquisition-related adjustments

      1.1         25.9         —         11.1         38.1   

Balance at December 31, 2014(a)

    $ 630.1       $ 595.6       $ 143.0       $ 99.1       $ 1,467.8   

 

(a) 

Net of accumulated impairment losses of $399.5 million in the Doors 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, 2014 and 2013 were as follows:

 

      As of December 31, 2014      As of December 31, 2013  
(In millions)    Gross
Carrying
Amounts		      Accumulated
Amortization		     Net Book
Value		      Gross
Carrying
Amounts		      Accumulated
Amortization		     Net Book
Value		  

Indefinite-lived intangible
assets — tradenames

    $ 542.7       $ (42.0 )(a)    $ 500.7       $ 538.8       $ (42.0 )(a)    $ 496.8   

Amortizable intangible assets

                

Tradenames

      14.6         (6.4 )      8.2         15.2         (6.0 )      9.2   

Customer and contractual relationships

      294.2         (164.0 )      130.2         260.2         (156.5 )      103.7   

Patents/proprietary technology

      57.7         (40.3 )      17.4         56.4         (37.2 )      19.2   

Total

      366.5         (210.7 )      155.8         331.8         (199.7 )      132.1   

Total identifiable intangibles

    $ 909.2       $ (252.7 )    $ 656.5       $ 870.6       $ (241.7 )    $ 628.9   

 

(a) 

Accumulated amortization prior to the adoption of revised ASC requirements for Intangibles — Goodwill and Other Assets.
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, 2014 and 2013 were as follows:

 

      As of December 31, 2014      As of December 31, 2013  
(In millions)    Gross
Carrying
Amounts		      Accumulated
Amortization		     Net Book
Value		      Gross
Carrying
Amounts		      Accumulated
Amortization		     Net Book
Value		  

Indefinite-lived intangible
assets — tradenames

    $ 542.7       $ (42.0 )(a)    $ 500.7       $ 538.8       $ (42.0 )(a)    $ 496.8   

Amortizable intangible assets

                

Tradenames

      14.6         (6.4 )      8.2         15.2         (6.0 )      9.2   

Customer and contractual relationships

      294.2         (164.0 )      130.2         260.2         (156.5 )      103.7   

Patents/proprietary technology

      57.7         (40.3 )      17.4         56.4         (37.2 )      19.2   

Total

      366.5         (210.7 )      155.8         331.8         (199.7 )      132.1   

Total identifiable intangibles

    $ 909.2       $ (252.7 )    $ 656.5       $ 870.6       $ (241.7 )    $ 628.9   

 

(a) 

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