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GOODWILL AND INTANGIBLE ASSETS, NET | 3 Months Ended
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Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL | GOODWILL AND INTANGIBLE ASSETS, NET An analysis of changes in the Company’s goodwill by business segment is as follows (in millions):
| AWP |  | Cranes |  | MP |  | Total
Balance at December 31, 2017, gross | $ | 140.2 |  |  | $ | 179.3 |  |  | $ | 195.2 |  |  | $ | 514.7 |
Accumulated impairment | (38.6 | ) |  | (179.3 | ) |  | (23.2 | ) |  | (241.1 | )
Balance at December 31, 2017, net | 101.6 |  |  | — |  |  | 172.0 |  |  | 273.6 |
Foreign exchange effect and other | 0.7 |  |  | — |  |  | 4.8 |  |  | 5.5 |
Balance at March 31, 2018, gross | 140.9 |  |  | 179.3 |  |  | 200.0 |  |  | 520.2 |
Accumulated impairment | (38.6 | ) |  | (179.3 | ) |  | (23.2 | ) |  | (241.1 | )
Balance at March 31, 2018, net | $ | 102.3 |  |  | $ | — |  |  | $ | 176.8 |  |  | $ | 279.1 |
Intangible assets, net were comprised of the following as of March 31, 2018 and December 31, 2017 (in millions):
|  |  | March 31, 2018 |  | December 31, 2017
| Weighted Average Life (in years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Technology | 7 |  | $ | 19.3 |  |  | $ | (18.3 | ) |  | $ | 1.0 |  |  | $ | 18.8 |  |  | $ | (17.8 | ) |  | $ | 1.0 |
Customer Relationships | 20 |  | 33.5 |  |  | (28.9 | ) |  | 4.6 |  |  | 33.2 |  |  | (28.3 | ) |  | 4.9 |
Land Use Rights | 81 |  | 4.8 |  |  | (0.6 | ) |  | 4.2 |  |  | 4.8 |  |  | (0.6 | ) |  | 4.2 |
Other | 8 |  | 26.7 |  |  | (23.0 | ) |  | 3.7 |  |  | 26.5 |  |  | (22.8 | ) |  | 3.7 |
Total definite-lived intangible assets |  |  | $ | 84.3 |  |  | $ | (70.8 | ) |  | $ | 13.5 |  |  | $ | 83.3 |  |  | $ | (69.5 | ) |  | $ | 13.8 |
| Three Months Ended March 31,
(in millions) | 2018 |  | 2017
Aggregate Amortization Expense | $ | 0.5 |  |  | $ | 0.5 |
Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years below is:
2018 | $ | 2.0 |
2019 | $ | 1.7 |
2020 | $ | 1.7 |
2021 | $ | 1.6 |
2022 | $ | 1.4 |

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