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Goodwill and Identifiable Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
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, 2019(a)

 

$

925.5

 

 

$

747.3

 

 

$

417.4

 

 

$

2,090.2

 

Year-to-date translation adjustments

 

 

(2.5

)

 

 

(7.4

)

 

 

(1.0

)

 

 

(10.9

)

Goodwill at March 31, 2020(a)

 

$

923.0

 

 

$

739.9

 

 

$

416.4

 

 

$

2,079.3

 

 

 

(a)

Net of accumulated impairment losses of $399.5 million in the Doors & Security 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, 2020 and December 31, 2019 were as follows:

 

(In millions)

 

As of March 31, 2020

 

 

As of December 31, 2019

 

 

 

Gross

Carrying

Amounts

 

 

Accumulated

Amortization

 

 

Net

Book

Value

 

 

Gross

Carrying

Amounts

 

 

Accumulated

Amortization

 

 

Net

Book

Value

 

Indefinite-lived tradenames

 

$

620.8

 

 

$

 

 

$

620.8

 

 

$

635.6

 

 

$

 

 

$

635.6

 

Amortizable intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tradenames

 

 

19.8

 

 

 

(12.6

)

 

 

7.2

 

 

 

20.6

 

 

 

(12.9

)

 

 

7.7

 

Customer and contractual relationships

 

 

796.0

 

 

 

(304.6

)

 

 

491.4

 

 

 

803.9

 

 

 

(299.6

)

 

 

504.3

 

Patents/proprietary technology

 

 

74.8

 

 

 

(54.3

)

 

 

20.5

 

 

 

73.4

 

 

 

(52.1

)

 

 

21.3

 

Total

 

 

890.6

 

 

 

(371.5

)

 

 

519.1

 

 

 

897.9

 

 

 

(364.6

)

 

 

533.3

 

Total identifiable intangibles

 

$

1,511.4

 

 

$

(371.5

)

 

$

1,139.9

 

 

$

1,533.5

 

 

$

(364.6

)

 

$

1,168.9