Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2017

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 three months ended March 31, 2017 (in millions):

Balance at December 31, 2016	$	130.6
Goodwill acquired during the period	20.6
Foreign currency effect	0.4
Balance at March 31, 2017	$	151.6

Summary of intangible assets

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

	March 31, 2017							December 31, 2016
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Existing technology and related patents	$	177.2	$	(119.3	)	$	57.9	$	169.0	$	(113.9	)	$	55.1
Customer relationships	32.5		(8.9		)	23.6		20.0		(7.9		)	12.1
Non compete contracts	2.4		(1.2		)	1.2		1.8		(1.1		)	0.7
Trade names	3.1		(0.5		)	2.6		1.6		(0.4		)	1.2
Intangible assets subject to amortization	215.2		(129.9		)	85.3		192.4		(123.3		)	69.1
In-process research and development	0.6		—			0.6		0.6		—			0.6
Intangible assets	$	215.8	$	(129.9	)	$	85.9	$	193.0	$	(123.3	)	$	69.7