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GOODWILL AND INTANGIBLE ASSETS, NET | 3 Months Ended
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Mar. 31, 2021
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, 2020, gross | $ | 140.6 |  |  | $ | 196.6 |  |  | $ | 337.2 |
Accumulated impairment | (38.6) |  |  | (23.2) |  |  | (61.8) |
Balance at December 31, 2020, net | 102.0 |  |  | 173.4 |  |  | 275.4 |
Foreign exchange effect and other | (0.5) |  |  | 1.0 |  |  | 0.5 |
Balance at March 31, 2021, gross | 140.1 |  |  | 197.6 |  |  | 337.7 |
Accumulated impairment | (38.6) |  |  | (23.2) |  |  | (61.8) |
Balance at March 31, 2021, net | $ | 101.5 |  |  | $ | 174.4 |  |  | $ | 275.9 |
Intangible assets, net were comprised of the following (in millions):
|  |  | March 31, 2021 |  | December 31, 2020
| 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 |  | $ | 9.8 |  |  | $ | (9.2) |  |  | $ | 0.6 |  |  | $ | 10.1 |  |  | $ | (9.6) |  |  | $ | 0.5 |
Customer Relationships | 22 |  | 26.0 |  |  | (24.3) |  |  | 1.7 |  |  | 26.1 |  |  | (24.1) |  |  | 2.0 |
Land Use Rights | 80 |  | 4.4 |  |  | (0.8) |  |  | 3.6 |  |  | 4.4 |  |  | (0.7) |  |  | 3.7 |
Other | 8 |  | 25.4 |  |  | (23.4) |  |  | 2.0 |  |  | 25.5 |  |  | (23.4) |  |  | 2.1 |
Total definite-lived intangible assets |  |  | $ | 65.6 |  |  | $ | (57.7) |  |  | $ | 7.9 |  |  | $ | 66.1 |  |  | $ | (57.8) |  |  | $ | 8.3 |
| Three Months Ended March 31, |  |
(in millions) | 2021 |  | 2020 |  |  |  |
Aggregate Amortization Expense | $ | 0.4 |  |  | $ | 0.4 |  |  |  |  |
Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years is as follows:
2021 | $ | 1.7 |
2022 | 1.3 |
2023 | 0.7 |
2024 | 0.5 |
2025 | 0.4 |

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- Definition The entire disclosure for goodwill. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2144439 + Details
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