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Goodwill (Tables)
9 Months Ended
Sep. 30, 2019
Goodwill Abstract  
Changes in Goodwill Carrying Amounts
The changes in the carrying amount of goodwill for the nine months ended September 30, 2019 were as follows:
In millions
Climate
 
Industrial
 
Total
Net balance as of December 31, 2018
$
5,099.2

 
$
860.3

 
$
5,959.5

Acquisitions (1)
15.5

 
805.5

 
821.0

Currency translation
(58.3
)
 
(9.4
)
 
(67.7
)
Net balance as of September 30, 2019
$
5,056.4

 
$
1,656.4

 
$
6,712.8

(1) Refer to Note 18, "Acquisitions and Divestitures" for more information regarding recent acquisitions.
The net goodwill balances at September 30, 2019 and December 31, 2018 include $2,496.0 million