GOODWILL AND INTANGIBLE ASSETS, NET

6 Months Ended

Jun. 30, 2021

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	(0.3)		1.5		1.2
Balance at June 30, 2021, gross	140.3		198.1		338.4
Accumulated impairment	(38.6)		(23.2)		(61.8)
Balance at June 30, 2021, net	$	101.7	$	174.9	$	276.6

Intangible assets, net were comprised of the following (in millions):


		June 30, 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	8	$	10.2	$	(10.0)	$	0.2	$	10.1	$	(9.6)	$	0.5
Customer Relationships	22	26.0		(24.6)		1.4		26.1		(24.1)		2.0
Land Use Rights	80	4.3		(0.8)		3.5		4.4		(0.7)		3.7
Other	8	25.2		(22.9)		2.3		25.5		(23.4)		2.1
Total definite-lived intangible assets		$	65.7	$	(58.3)	$	7.4	$	66.1	$	(57.8)	$	8.3


	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2021		2020		2021		2020
Aggregate Amortization Expense	$	0.5	$	0.5	$	0.9	$	0.9

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