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GOODWILL AND INTANGIBLE ASSETS, NET
3 Months Ended
Mar. 31, 2019
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
 
MP
 
Total
Balance at December 31, 2018, gross
$
139.2

 
$
187.8

 
$
327.0

Accumulated impairment
(38.6
)
 
(23.2
)
 
(61.8
)
Balance at December 31, 2018, net
100.6

 
164.6

 
265.2

Foreign exchange effect and other
(0.1
)
 
2.6

 
2.5

Balance at March 31, 2019, gross
139.1

 
190.4

 
329.5

Accumulated impairment
(38.6
)
 
(23.2
)
 
(61.8
)
Balance at March 31, 2019, net
$
100.5

 
$
167.2

 
$
267.7



Intangible assets, net were comprised of the following (in millions):
 
 
 
March 31, 2019
 
December 31, 2018
 
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
 
$
9.4

 
$
(8.8
)
 
$
0.6

 
$
9.7

 
$
(9.1
)
 
$
0.6

Customer Relationships
22
 
25.6

 
(22.2
)
 
3.4

 
25.6

 
(21.7
)
 
3.9

Land Use Rights
81
 
4.4

 
(0.6
)
 
3.8

 
4.4

 
(0.6
)
 
3.8

Other
8
 
25.0

 
(21.8
)
 
3.2

 
24.9

 
(21.8
)
 
3.1

Total definite-lived intangible assets
 
 
$
64.4

 
$
(53.4
)
 
$
11.0

 
$
64.6

 
$
(53.2
)
 
$
11.4



 
Three Months Ended
March 31,
(in millions)
2019
 
2018
Aggregate Amortization Expense
$
0.4

 
$
0.5



Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years below is:
2019
$
1.8

2020
$
1.7

2021
$
1.6

2022
$
1.4

2023
$
0.9