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Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Change in Net Carrying Amount of Goodwill by Segment

The change in the net carrying amount of goodwill by segment was as follows:

 

           
(In millions)   
Cabinets
     Plumbing      Doors      Security      Total
Goodwill
 

Balance at December 31, 2013(a)

   $ 631.7       $ 569.7       $ 143.0       $ 89.4       $ 1,433.8   

2014 translation adjustments

     (2.7                      (1.4      (4.1

Acquisition-related adjustments

     1.1         25.9                 11.1         38.1   

Balance at December 31, 2014(a)

   $ 630.1       $ 595.6       $ 143.0       $ 99.1       $ 1,467.8   

2015 translation adjustments

     (4.9                      (2.7      (7.6

Acquisition-related adjustments

     312.5         (17.0              (0.4      295.1   

Balance at December 31, 2015(a)

   $ 937.7       $ 578.6       $ 143.0       $ 96.0       $ 1,755.3   

 

(a) 

Net of accumulated impairment losses of $399.5 million in the Doors segment.

Gross Carrying Value and Accumulated Amortization by Class of Identifiable Intangible Assets

The gross carrying value and accumulated amortization by class of intangible assets as of December 31, 2015 and 2014 were as follows:

 

      As of December 31, 2015      As of December 31, 2014  
(In millions)    Gross
Carrying
Amounts
     Accumulated
Amortization
    Net Book
Value
     Gross
Carrying
Amounts
     Accumulated
Amortization
    Net Book
Value
 

Indefinite-lived intangible assets—tradenames

   $ 680.6       $ (42.0 )(a)    $ 638.6       $ 542.7       $ (42.0 )(a)    $ 500.7   

Amortizable intangible assets

               

Tradenames

     19.1         (8.6     10.5         14.6         (6.4     8.2   

Customer and contractual relationships

     511.2         (177.4     333.8         294.2         (164.0     130.2   

Patents/proprietary technology

     54.7         (40.9     13.8         57.7         (40.3     17.4   

Total

     585.0         (226.9     358.1         366.5         (210.7     155.8   

Total identifiable intangibles

   $ 1,265.6       $ (268.9   $ 996.7       $ 909.2       $ (252.7   $ 656.5   

 

(a) 

Accumulated amortization prior to the adoption of revised ASC requirements for Intangibles — Goodwill and Other Assets.

Gross Carrying Value and Accumulated Amortization by Class of Indefinite Lived Intangible Assets

The gross carrying value and accumulated amortization by class of intangible assets as of December 31, 2015 and 2014 were as follows:

 

      As of December 31, 2015      As of December 31, 2014  
(In millions)    Gross
Carrying
Amounts
     Accumulated
Amortization
    Net Book
Value
     Gross
Carrying
Amounts
     Accumulated
Amortization
    Net Book
Value
 

Indefinite-lived intangible assets—tradenames

   $ 680.6       $ (42.0 )(a)    $ 638.6       $ 542.7       $ (42.0 )(a)    $ 500.7   

Amortizable intangible assets

               

Tradenames

     19.1         (8.6     10.5         14.6         (6.4     8.2   

Customer and contractual relationships

     511.2         (177.4     333.8         294.2         (164.0     130.2   

Patents/proprietary technology

     54.7         (40.9     13.8         57.7         (40.3     17.4   

Total

     585.0         (226.9     358.1         366.5         (210.7     155.8   

Total identifiable intangibles

   $ 1,265.6       $ (268.9   $ 996.7       $ 909.2       $ (252.7   $ 656.5   

 

(a) 

Accumulated amortization prior to the adoption of revised ASC requirements for Intangibles — Goodwill and Other Assets.