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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Change in the carrying amount of goodwill The changes in the carrying amount of goodwill for the nine months ended September 30, 2017 were as follows:
 
Mobile
Industries
Process
Industries
Total
Beginning balance
$
97.2

$
260.3

$
357.5

Acquisitions
147.6

(1.1
)
146.5

Foreign currency translation adjustments
4.0

2.3

6.3

Ending balance
$
248.8

$
261.5

$
510.3

Intangible assets The following table displays intangible assets as of September 30, 2017 and December 31, 2016:
 
As of September 30, 2017
As of December 31, 2016
 
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets
subject to amortization:
 
 
 
 
 
 
Customer relationships
$
322.4

$
97.6

$
224.8

$
211.4

$
84.4

$
127.0

Technology and know-how
126.4

29.9

96.5

95.2

25.4

69.8

Trade names
8.6

4.2

4.4

6.5

3.8

2.7

Capitalized software
260.0

223.4

36.6

251.7

211.8

39.9

Other
12.2

8.1

4.1

11.0

7.5

3.5

 
$
729.6

$
363.2

$
366.4

$
575.8

$
332.9

$
242.9

Intangible assets not subject to amortization:
 
 
 
 
 
 
Trade names
$
53.8

 
$
53.8

$
19.4

 
$
19.4

FAA air agency certificates
8.7

 
8.7

8.7

 
8.7

 
$
62.5



$
62.5

$
28.1



$
28.1

Total intangible assets
$
792.1

$
363.2

$
428.9

$
603.9

$
332.9

$
271.0