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GOODWILL AND INTANGIBLE ASSETS, NET (Tables) | 6 Months Ended
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Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of changes in goodwill by business segment | An analysis of changes in the Company’s goodwill by business segment is as follows (in millions):
| AWP |  | MP |  | Total
Balance at December 31, 2019, gross | $ | 139.3 |  |  | $ | 192.4 |  |  | $ | 331.7 |
Accumulated impairment | (38.6) |  |  | (23.2) |  |  | (61.8) |
Balance at December 31, 2019, net | 100.7 |  |  | 169.2 |  |  | 269.9 |
Foreign exchange effect and other | (0.6) |  |  | (8.1) |  |  | (8.7) |
Balance at June 30, 2020, gross | 138.7 |  |  | 184.3 |  |  | 323.0 |
Accumulated impairment | (38.6) |  |  | (23.2) |  |  | (61.8) |
Balance at June 30, 2020, net | $ | 100.1 |  |  | $ | 161.1 |  |  | $ | 261.2 |
Schedule of intangible assets by class | Intangible assets, net were comprised of the following (in millions):
|  |  | June 30, 2020 |  |  |  |  |  | December 31, 2019 |  |  |  |
| 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 |  |  | $ | (8.9) |  |  | $ | 0.5 |  |  | $ | 9.4 |  |  | $ | (8.8) |  |  | $ | 0.6 |
Customer Relationships | 22 |  | 25.6 |  |  | (23.2) |  |  | 2.4 |  |  | 25.6 |  |  | (22.8) |  |  | 2.8 |
Land Use Rights | 81 |  | 4.2 |  |  | (0.7) |  |  | 3.5 |  |  | 4.3 |  |  | (0.7) |  |  | 3.6 |
Other | 8 |  | 25.1 |  |  | (22.7) |  |  | 2.4 |  |  | 25.1 |  |  | (22.4) |  |  | 2.7 |
Total definite-lived intangible assets |  |  | $ | 64.3 |  |  | $ | (55.5) |  |  | $ | 8.8 |  |  | $ | 64.4 |  |  | $ | (54.7) |  |  | $ | 9.7 |
Finite-lived Intangible Assets Amortization Expense |
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
(in millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Aggregate Amortization Expense | $ | 0.5 |  |  | $ | 0.5 |  |  | $ | 0.9 |  |  | $ | 0.9 |
Schedule of intangible assets amortization expense | Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years is as follows:
2020 | $ | 1.4 |
2021 | $ | 1.3 |
2022 | $ | 1.3 |
2023 | $ | 0.8 |
2024 | $ | 0.6 |

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