GOODWILL AND INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2019

An analysis of changes in the Company’s goodwill by business segment is as follows (in millions):


	AWP		MP		Total
Balance at December 31, 2017, gross	$	140.2	$	195.2	$	335.4
Accumulated impairment	(38.6)		(23.2)		(61.8)
Balance at December 31, 2017, net	101.6		172.0		273.6


Foreign exchange effect and other	(1.0)		(7.4)		(8.4)
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		4.6		4.7
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

Intangible assets, net were comprised of the following as of December 31, 2019 and 2018 (in millions):


		December 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		(22.8)		2.8		25.6		(21.7)		3.9
Land Use Rights	81	4.3		(0.7)		3.6		4.4		(0.6)		3.8
Other	8	25.1		(22.4)		2.7		24.9		(21.8)		3.1
Total definite-lived intangible assets		$	64.4	$	(54.7)	$	9.7	$	64.6	$	(53.2)	$	11.4


	For the Year Ended December 31,
(in millions)	2019		2018		2017
Aggregate Amortization Expense	$	1.8	$	1.8	$	1.8

Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years is as follows: