XML 37 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Identifiable Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2017
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
 

Goodwill at December 31, 2016 (a)

   $ 924.3      $ 670.2      $ 143.0      $ 96.3      $ 1,833.8  

Year-to-date translation adjustments

     3.3        4.6        —          1.5        9.4  

Acquisition-related adjustments

     —          9.6        —          —          9.6  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Goodwill at September 30, 2017 (a)

   $ 927.6      $ 684.4      $ 143.0      $ 97.8      $ 1,852.8  

 

  (a)  Net of accumulated impairment losses of $399.5 million in the Doors segment.
Gross Carrying Value and Accumulated Amortization by Class of Identifiable Intangible Assets

The gross carrying value and accumulated amortization by class of identifiable intangible assets as of September 30, 2017 and December 31, 2016 were as follows:

 

(In millions)    As of September 30, 2017      As of December 31, 2016  
     Gross
Carrying
Amounts
     Accumulated
Amortization
     Net
Book
Value
     Gross
Carrying
Amounts
     Accumulated
Amortization
     Net
Book
Value
 

Indefinite-lived tradenames

   $ 682.6      $ —        $ 682.6      $ 671.8      $ —        $ 671.8  

Amortizable intangible assets

                 

Tradenames

     18.6        (9.4      9.2        15.8        (7.3      8.5  

Customer and contractual relationships

     627.1        (226.0      401.1        611.9        (203.1      408.8  

Patents/proprietary technology

     57.2        (44.7      12.5        61.9        (44.0      17.9  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     702.9        (280.1      422.8        689.6        (254.4      435.2  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total identifiable intangibles

   $ 1,385.5      $ (280.1    $ 1,105.4      $ 1,361.4      $ (254.4    $ 1,107.0