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GOODWILL AND INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

A reconciliation of changes in the Company’s goodwill by reportable segment were as follows (the segment information below reflects the current structure for all periods shown):

(in millions)						Technologies & Equipment						Consumables						Total
Balance at December 31, 2018						$	2,579.8					$	851.5					$	3,431.3
Business unit transfers						(37.1)						37.1						—
Acquisition related additions						3.8						—						3.8
Divestiture of a business						(4.1)						—						(4.1)
Effects of exchange rate changes						(59.0)						(16.3)						(75.3)
Balance at September 30, 2019						$	2,483.4					$	872.3					$	3,355.7

The following provides the gross carrying amount of goodwill and the cumulative goodwill impairment:

						September 30, 2019																														December 31, 2018
(in millions)						Gross Carrying Amount						Cumulative Impairment						Net Carrying Amount						Gross Carrying Amount						Cumulative Impairment						Net Carrying Amount
Technologies & Equipment						$	5,220.0					$	(2,736.6)					$	2,483.4					$	5,247.9					$	(2,668.1)					$	2,579.8
Consumables						872.3						—						872.3						920.0						(68.5)						851.5
Total effect of cumulative impairment						$	6,092.3					$	(2,736.6)					$	3,355.7					$	6,167.9					$	(2,736.6)					$	3,431.3

Schedule of Definite-lived and Indefinite-lived Intangible Assets

Identifiable definite-lived and indefinite-lived intangible assets were as follows:

						September 30, 2019																														December 31, 2018
(in millions)						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
Patents						$	1,318.3					$	(477.0)					$	841.3					$	1,376.4					$	(407.1)					$	969.3
Tradenames and trademarks						77.5						(61.9)						15.6						81.1						(62.5)						18.6
Licensing agreements						35.8						(27.3)						8.5						36.1						(26.3)						9.8
Customer relationships						1,047.1						(373.8)						673.3						1,085.3						(334.4)						750.9
Total definite-lived						$	2,478.7					$	(940.0)					$	1,538.7					$	2,578.9					$	(830.3)					$	1,748.6
Indefinite-lived tradenames and trademarks						$	629.0					$	—					$	629.0					$	671.7					$	—					$	671.7
Total identifiable intangible assets						$	3,107.7					$	(940.0)					$	2,167.7					$	3,250.6					$	(830.3)					$	2,420.3

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
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-Name Accounting Standards Codification
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Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
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