XML 38 R28.htm IDEA: XBRL DOCUMENT
v3.20.2

Goodwill and Identifiable Intangible Assets (Tables) | 6 Months Ended
--- | ---
Jun. 30, 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 |  |  | (1.6 | ) |  |  | (6.7 | ) |  |  | (0.6 | ) |  |  | (8.9 | )
Goodwill at June 30, 2020(a) |  | $ | 923.9 |  |  | $ | 740.6 |  |  | $ | 416.8 |  |  | $ | 2,081.3 |
| (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 June 30, 2020 and December 31, 2019 were as follows:
(In millions) |  | As of June 30, 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 |  | $ | 596.2 |  |  | $ | — |  |  | $ | 596.2 |  |  | $ | 635.6 |  |  | $ | — |  |  | $ | 635.6 |
Amortizable intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tradenames |  |  | 32.7 |  |  |  | (13.0 | ) |  |  | 19.7 |  |  |  | 20.6 |  |  |  | (12.9 | ) |  |  | 7.7 |
Customer and contractual relationships |  |  | 797.3 |  |  |  | (315.0 | ) |  |  | 482.3 |  |  |  | 803.9 |  |  |  | (299.6 | ) |  |  | 504.3 |
Patents/proprietary technology |  |  | 75.0 |  |  |  | (55.2 | ) |  |  | 19.8 |  |  |  | 73.4 |  |  |  | (52.1 | ) |  |  | 21.3 |
Total |  |  | 905.0 |  |  |  | (383.2 | ) |  |  | 521.8 |  |  |  | 897.9 |  |  |  | (364.6 | ) |  |  | 533.3 |
Total identifiable intangibles |  | $ | 1,501.2 |  |  | $ | (383.2 | ) |  | $ | 1,118.0 |  |  | $ | 1,533.5 |  |  | $ | (364.6 | ) |  | $ | 1,168.9 |
Significant Assumptions Used to Estimate the Fair Values of Tradenames Impaired | The significant assumptions used to estimate the fair values of the tradenames impaired during the six months ended June 30, 2020 and the year ended December 31, 2019 were as follows:
|  | 2020 |  |  | 2019 |
Unobservable Input |  | Minimum |  |  | Maximum |  |  | Weighted Average(a) |  |  | Minimum |  |  | Maximum |  |  | Weighted Average(a) |
Discount rate |  |  | 14.8 | % |  |  | 15.8 | % |  |  | 15.1 | % |  |  | 13.0 | % |  |  | 13.5 | % |  |  | 13.3 | %
Royalty rate(b) |  |  | 4.0 | % |  |  | 5.0 | % |  |  | 4.3 | % |  |  | 3.0 | % |  |  | 4.0 | % |  |  | 3.3 | %
Long-term revenue growth rate(c) |  |  | 1.0 | % |  |  | 3.0 | % |  |  | 1.6 | % |  |  | 3.0 | % |  |  | 3.0 | % |  |  | 3.0 | %
(a) | Weighted by relative fair value of the impaired tradenames.
(b) | Represents estimated percentage of sales a market-participant would pay to license the impaired tradenames.
(c) | Selected long-term revenue growth rate within 10-year projection period of the impaired tradenames.

X
- Definition Schedule of finite lived and indefinite lived intangible assets. + References No definition available. + Details
Name: | fbhs_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | fbhs_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration