Goodwill

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.