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Goodwill (Tables)
 6 Months Ended
Jun. 30, 2015
Goodwill Abstract  
Changes in Goodwill Carrying Amounts
The changes in the carrying amount of goodwill for the six months ended June 30, 2015 were as follows:
In millions
Climate
 
Industrial
 
Total
Gross balance as of December 31, 2014
$
7,518.9

 
$
366.9

 
$
7,885.8

Accumulated impairment (1)
(2,496.0
)
 
—

 
(2,496.0
)
Net balance as of December 31, 2014
5,022.9

 
366.9

 
5,389.8

Acquisitions and adjustments (2)
58.1

 
433.5

 
491.6

Currency translation
(93.5
)
 
(15.4
)
 
(108.9
)
Gross balance as of June 30, 2015
7,483.5

 
785.0

 
8,268.5

Accumulated impairment (1)
(2,496.0
)
 
—

 
(2,496.0
)
Net balance as of June 30, 2015
$
4,987.5

 
$
785.0

 
$
5,772.5

(1) The accumulated impairment of $2,496.0 million relates to a charge recorded in the fourth quarter of 2008.
(2) The increase in Climate segment goodwill is primarily related to the acquisition of FRIGOBLOCK in March 2015; the increase in Industrial segment goodwill is related to the acquisition of the Centrifugal Compression business in January 2015. See Note 13 for further discussion of these acquisitions.