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Goodwill and Identifiable Intangible Assets
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Identifiable Intangible Assets GOODWILL AND IDENTIFIABLE INTANGIBLE ASSETS
Goodwill
The following table shows changes in the carrying amount of goodwill from December 31, 2016 to December 31, 2018 by reportable segment:
 
 
Performance
Coatings
 
Transportation
Coatings
 
Total
December 31, 2016
 
$
889.4

 
$
74.7

 
$
964.1

Goodwill from acquisitions
 
207.2

 
—

 
207.2

Purchase accounting adjustments
 
(15.2
)
 
—

 
(15.2
)
Foreign currency translation
 
107.8

 
7.3

 
115.1

December 31, 2017
 
$
1,189.2

 
$
82.0

 
$
1,271.2

Goodwill from acquisitions
 
2.9

 
—

 
2.9

Purchase accounting adjustments
 
(0.2
)
 
—

 
(0.2
)
Foreign currency translation
 
(40.4
)
 
(2.7
)
 
(43.1
)
December 31, 2018
 
$
1,151.5

 
$
79.3

 
$
1,230.8


Identifiable Intangible Assets
The following table summarizes the gross carrying amounts and accumulated amortization of identifiable intangible assets by major class:
December 31, 2018
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
 
Weighted average
amortization periods (years)
Technology
 
$
545.7

 
$
(260.7
)
 
$
285.0

 
10.4
Trademarks—indefinite-lived
 
269.0

 
—

 
269.0

 
Indefinite
Trademarks—definite-lived
 
100.6

 
(24.0
)
 
76.6

 
15.8
Customer relationships
 
929.9

 
(222.9
)
 
707.0

 
19.1
Other
 
15.7

 
(5.3
)
 
10.4

 
5.1
Total
 
$
1,860.9

 
$
(512.9
)
 
$
1,348.0

 
 
December 31, 2017
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
 
Weighted average
amortization periods (years)
Technology
 
$
498.0

 
$
(213.6
)
 
$
284.4

 
10.5
Trademarks—indefinite-lived
 
277.2

 
—

 
277.2

 
Indefinite
Trademarks—definite-lived
 
102.6

 
(17.7
)
 
84.9

 
15.9
Customer relationships
 
945.1

 
(176.8
)
 
768.3

 
19.0
Other
 
16.6

 
(3.2
)
 
13.4

 
4.8
Total
 
$
1,839.5

 
$
(411.3
)
 
$
1,428.2

 
 

During the year ended December 31, 2017, we changed certain indefinite-lived trademark intangibles to definite-lived intangible assets. The change was made as a result of decisions regarding our anticipated future use of these trademarks. During this period, we commenced amortizing the assets on a straight-line basis over a 20-year useful life.
In-process research and development projects, classified within technology assets were $2.3 million at December 31, 2018 and 2017, respectively.
The estimated amortization expense related to the fair value of acquired intangible assets for each of the succeeding five years is:
2019
 
$
114.2

2020
 
$
113.9

2021
 
$
113.3

2022
 
$
111.1

2023
 
$
71.3