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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in goodwill by reportable segment
The changes in carrying amount of goodwill by reportable segment for the years ended December 31, 2013 and December 31, 2012 are as follows:
(in millions)
 
Crane
 
Foodservice
 
Total
Gross balance as of January 1, 2012
 
$
338.8

 
$
1,384.9

 
$
1,723.7

Restructuring reserve adjustment
 

 
(0.6
)
 
(0.6
)
Foreign currency impact
 
2.9

 
0.4

 
3.3

Gross balance as of December 31, 2012
 
$
341.7

 
$
1,384.7

 
$
1,726.4

Accumulated asset impairments
 

 
(515.7
)
 
(515.7
)
Net balance as of December 31, 2012
 
$
341.7

 
$
869.0

 
$
1,210.7

 
 
 
 
 
 
 
Acquisition of Inducs
 

 
5.0

 
5.0

Restructuring reserve adjustment
 

 
(0.7
)
 
(0.7
)
Foreign currency impact
 
3.4

 
0.2

 
3.6

Gross balance as of December 31, 2013
 
$
345.1

 
$
1,389.2

 
$
1,734.3

Accumulated asset impairments
 

 
(515.7
)
 
(515.7
)
Net balance as of December 31, 2013
 
$
345.1

 
$
873.5

 
$
1,218.6

Gross carrying amount and accumulated amortization of the company's intangible assets other than goodwill
The gross carrying amount and accumulated amortization of the company’s intangible assets other than goodwill are as follows as of December 31, 2013 and December 31, 2012.
 
 
December 31, 2013
 
December 31, 2012
(in millions)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Amount
 
Net
Book
Value
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Amount
 
Net
Book
Value
Trademarks and tradenames
 
$
311.8

 
$

 
$
311.8

 
$
308.2

 
$

 
$
308.2

Customer relationships
 
426.1

 
(114.4
)
 
311.7

 
425.7

 
(93.1
)
 
332.6

Patents
 
34.9

 
(28.4
)
 
6.5

 
33.6

 
(26.1
)
 
7.5

Engineering drawings
 
11.5

 
(9.1
)
 
2.4

 
11.1

 
(8.1
)
 
3.0

Distribution network
 
21.0

 

 
21.0

 
20.6

 

 
20.6

Other intangibles
 
176.6

 
(63.8
)
 
112.8

 
170.8

 
(53.0
)
 
117.8

 
 
$
981.9

 
$
(215.7
)
 
$
766.2

 
$
970.0

 
$
(180.3
)
 
$
789.7