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Goodwill and Identifiable Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2018
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, 2017 (a)

   $ 926.3      $ 745.2      $ 143.0      $ 97.5      $ 1,912.0  

Year-to-date translation adjustments

     (0.2      (1.1      —          (0.5      (1.8

Acquisition-related adjustments

     —          8.5        —          —          8.5  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Goodwill at March 31, 2018 (a)

   $ 926.1      $ 752.6      $ 143.0      $ 97.0      $ 1,918.7  

 

  (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 March 31, 2018 and December 31, 2017 were as follows:

 

(In millions)    As of March 31, 2018      As of December 31, 2017  
     Gross
Carrying
Amounts
     Accumulated
Amortization
     Net
Book
Value
     Gross
Carrying
Amounts
     Accumulated
Amortization
     Net
Book
Value
 

Indefinite-lived tradenames

   $ 709.2      $ —        $ 709.2      $ 709.9      $ —        $ 709.9  

Amortizable intangible assets

                 

Tradenames

     15.7        (10.4      5.3        15.7        (9.9      5.8  

Customer and contractual relationships

     661.1        (238.8      422.3        663.8        (232.0      431.8  

Patents/proprietary technology

     60.3        (45.9      14.4        60.2        (45.3      14.9  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total

     737.1        (295.1      442.0        739.7        (287.2      452.5  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total identifiable intangibles

   $ 1,446.3      $ (295.1    $ 1,151.2      $ 1,449.6      $ (287.2    $ 1,162.4