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Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of 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

Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class 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

 
 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense 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