XML 53 R39.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Change in Net Carrying Amount of Goodwill by Segment
 
     
(In millions)
 
Cabinets
 
 
Plumbing
 
 
Doors & Security
 
 
Total
Goodwill
 
Balance at December 31, 2016
(a)
 
$
924.3
 
 
$
670.2
 
 
$
239.3
 
 
$
1,833.8
 
2017 translation adjustments
 
 
2.0
 
 
 
3.3
 
 
 
1.2
 
 
 
6.5
 
Acquisition-related adjustments
 
 
 
 
 
71.7
 
 
 
 
 
 
71.7
 
Balance at December 31, 2017
(a)
 
$
926.3
 
 
$
745.2
 
 
$
240.5
 
 
$
1,912.0
 
2018 translation adjustments
 
 
(2.3
 
 
(5.9
 
 
(1.4
 
 
(9.6
Acquisition-related adjustments
 
 
 
 
 
4.4
 
 
 
173.5
 
 
 
177.9
 
Balance at December 31, 2018
(a)
 
$
924.0
 
 
$
743.7
 
 
$
412.6
 
 
$
2,080.3
 
 
(a)
 
 
Net of accumulated impairment losses of $399.5 million in the Doors & Security segment.
The change in the net carrying amount of goodwill by segment was as follows:
Gross Carrying Value and Accumulated Amortization by Class of Identifiable Intangible Assets
The gross carrying value and accumulated amortization by class of intangible assets as of December 31, 2018 and 2017 were as follows:
 
   
 
 
As of December 31, 2018
 
 
As of December 31, 2017
 
(In millions)
 
Gross
Carrying
Amounts
 
 
Accumulated
Amortization
 
 
Net Book
Value
 
 
Gross
Carrying
Amounts
 
 
Accumulated
Amortization
 
 
Net Book
Value
 
Indefinite-lived tradenames
 
$
673.9
 
 
$
 
 
$
673.9
 
 
$
709.9
 
 
$
 
 
$
709.9
 
Amortizable intangible assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tradenames
 
 
19.8
 
 
 
(11.9
 
 
7.9
 
 
 
15.7
 
 
 
(9.9
 
 
5.8
 
Customer and contractual relationships
 
 
800.3
 
 
 
(260.2
 
 
540.1
 
 
 
663.8
 
 
 
(232.0
 
 
431.8
 
Patents/proprietary technology
 
 
73.5
 
 
 
(48.6
 
 
24.9
 
 
 
60.2
 
 
 
(45.3
 
 
14.9
 
Total
 
 
893.6
 
 
 
(320.7
 
 
572.9
 
 
 
739.7
 
 
 
(287.2
 
 
452.5
 
Total identifiable intangibles
 
$
1,567.5
 
 
$
(320.7
 
$
1,246.8
 
 
$
1,449.6
 
 
$
(287.2
 
$
1,162.4