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Goodwill And Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Fair Value Measurement Inputs
The following table presents the significant estimates used by management in determining the fair values of our reporting units at December 31, 2018:
 
2018
Year of cash flows before terminal value
5
Discount rates
12.0% to 13.0%
EBITDA multiples
7.0 - 8.5x
Schedule of goodwill
The carrying amount of goodwill by reporting segment was as follows:
(In millions)
Subsea
 
Onshore/Offshore
 
Surface Technologies
 
Total
December 31, 2015
$
2,977.4

 
$
809.1

 
$

 
$
3,786.5

Additions due to business combinations

 

 

 

Impairment

 

 

 

Translation
(46.3
)
 
(21.9
)
 

 
(68.2
)
December 31, 2016
2,931.1

 
787.2

 

 
3,718.3

Additions due to business combinations
2,532.6

 
1,635.5

 
997.8

 
5,165.9

Impairment

 

 

 

Translation
6.7

 
38.9

 

 
45.6

December 31, 2017
5,470.4

 
2,461.6

 
997.8

 
8,929.8

Additions due to business combinations
85.0

 

 

 
85.0

Impairment
(1,383.0
)
 

 

 
(1,383.0
)
Purchase accounting adjustments

 

 
19.7

 
19.7

Translation
(30.0
)
 
(13.9
)
 

 
(43.9
)
December 31, 2018
$
4,142.4

 
$
2,447.7

 
$
1,017.5

 
$
7,607.6

Schedule of finite-lived intangible assets
Intangible assets - The components of intangible assets were as follows:
 
December 31,
 
2018
 
2017
(In millions)
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Gross
Carrying
Amount
 
Accumulated
Amortization
Acquired technology
$
246.7

 
$
49.3

 
$
240.0

 
$
25.0

Backlog
175.0

 
175.0

 
175.0

 
118.0

Customer relationships
285.0

 
57.4

 
285.0

 
29.0

Licenses, patents and trademarks
812.6

 
194.8

 
810.1

 
157.7

Software
232.1

 
159.1

 
237.9

 
145.5

Other
84.3

 
23.4

 
72.7

 
11.7

Total intangible assets
$
1,835.7

 
$
659.0

 
$
1,820.7

 
$
486.9