Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.19.1
Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill by segment The changes in the carrying amount of goodwill were as follows:
 (dollars in millions)
Electronics
 
Industrial & Specialty
 
Total
Balance at December 31, 2018
 
 
 
 
 
Goodwill
$
1,226.7

 
$
1,002.5

 
$
2,229.2

Accumulated impairment losses

 
(46.6
)
 
(46.6
)
 
1,226.7

 
955.9

 
2,182.6

Foreign currency translation and other
6.0

 
2.8

 
8.8

Balance at March 31, 2019
 
 
 
 
 
Goodwill
1,232.7

 
1,005.3

 
2,238.0

Accumulated impairment losses

 
(46.6
)
 
(46.6
)
 
$
1,232.7

 
$
958.7

 
$
2,191.4

Schedule of finite-lived intangible assets subject to amortization Intangible assets subject to amortization were as follows:
 
March 31, 2019
 
December 31, 2018
 (dollars in millions)
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Net Book
Value
Customer lists
$
931.4

 
$
(301.9
)
 
$
629.5

 
$
927.8

 
$
(283.2
)
 
$
644.6

Developed technology
382.8

 
(166.2
)
 
216.6

 
381.3

 
(155.6
)
 
225.7

Tradenames
51.1

 
(2.4
)
 
48.7

 
5.9

 
(1.6
)
 
4.3

Non-compete agreements
1.6

 
(1.4
)
 
0.2

 
1.5

 
(1.3
)
 
0.2

Total
$
1,366.9

 
$
(471.9
)
 
$
895.0

 
$
1,316.5

 
$
(441.7
)
 
$
874.8