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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2014
Goodwill and Other Intangible Assets  
Schedule of changes in the carrying amount of goodwill

The following table sets forth the changes in the carrying amount of goodwill for the nine months ended September 30, 2014 (in millions):

 

Balance at December 31, 2013

 

$

127.4

 

Current period additions

 

11.0

 

Current period adjustments

 

(0.1

)

Foreign currency effect

 

(3.2

)

Balance at September 30, 2014

 

$

135.1

 

 

Summary of intangible assets

The following is a summary of intangible assets (in millions):

 

 

 

September 30, 2014

 

December 31, 2013

 

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net Carrying
Amount

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net Carrying
Amount

 

Existing technology and related patents

 

$

151.2

 

$

(76.7

)

$

74.5

 

$

157.9

 

$

(68.2

)

$

89.7

 

Customer relationships

 

13.7

 

(5.3

)

8.4

 

18.0

 

(7.8

)

10.2

 

Trade names

 

0.1

 

(0.1

)

 

0.2

 

(0.2

)

 

Intangible assets subject to amortization

 

165.0

 

(82.1

)

82.9

 

176.1

 

(76.2

)

99.9

 

In-process research and development

 

5.7

 

 

5.7

 

5.7

 

 

5.7

 

Intangible assets

 

$

170.7

 

$

(82.1

)

$

88.6

 

$

181.8

 

$

(76.2

)

$

105.6