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Goodwill and Other Intangible Assets
 9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Note 5 - Goodwill and Other Intangible Assets
The changes in the carrying amount of goodwill for the nine months ended September 30, 2019 were as follows:
 
Mobile
Industries
Process
Industries
Total
Beginning balance
$
349.7

$
610.8

$
960.5

Acquisitions
0.7

19.7

20.4

Foreign currency translation adjustments and other changes
(10.9
)
(15.3
)
(26.2
)
Ending balance
$
339.5

$
615.2

$
954.7



The $20.4 million addition of goodwill from acquisitions includes $18.6 million of goodwill recognized in the Process Industries segment for the Diamond Chain acquisition, as well as certain measurement period adjustments recorded in 2019 related to the 2018 Acquisitions.

The following table displays intangible assets as of September 30, 2019 and December 31, 2018:
 
Balance at September 30, 2019
Balance at December 31, 2018
 
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Intangible assets
subject to amortization:
 
 
 
 
 
 
Customer relationships
$
481.7

$
120.6

$
361.1

$
481.5

$
99.8

$
381.7

Technology and know-how
244.9

50.7

194.2

245.0

40.4

204.6

Trade names
11.9

5.6

6.3

11.3

4.8

6.5

Capitalized software
268.6

243.6

25.0

266.4

236.5

29.9

Other
41.1

37.2

3.9

40.8

35.2

5.6

 
$
1,048.2

$
457.7

$
590.5

$
1,045.0

$
416.7

$
628.3

Intangible assets not subject to amortization:
 
 
 
 
 
 
Trade names
$
103.6

 
$
103.6

$
96.2

 
$
96.2

FAA air agency certificates
8.7

 
8.7

8.7

 
8.7

 
$
112.3



$
112.3

$
104.9



$
104.9

Total intangible assets
$
1,160.5

$
457.7

$
702.8

$
1,149.9

$
416.7

$
733.2



Amortization expense for intangible assets was $43.3 million and $32.4 million for the nine months ended September 30, 2019 and 2018, respectively. Amortization expense for intangible assets is projected to be $55.8 million in 2019; $52.2 million in 2020; $48.3 million in 2021; $43.7 million in 2022; and $40.8 million in 2023.