Goodwill And Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

The following table presents the significant estimates used by management in determining the fair values of our reporting units for the years ended December 31, 2019 and 2018:



	2019	2018
Year of cash flows before terminal value	4	5
Discount rates	12.5% to 15.0%	12% to 13.0%
EBITDA multiples	6.0 - 8.5x	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, 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
Impairments	(1,321.9		)	—			(666.8		)	(1,988.7		)
Purchase accounting adjustment	—			—			9.9			9.9
Other	—			(17.7		)	—			(17.7		)
Translation	(6.4		)	(6.4		)	—			(12.8		)
December 31, 2019	$	2,814.1		$	2,423.6		$	360.6		$	5,598.3

Schedule of finite-lived intangible assets

Intangible assets - The components of intangible assets were as follows:



	December 31,
	2019				2018
(In millions)	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Acquired technology	$	246.7	$	73.6	$	246.7	$	49.3
Backlog	175.0		175.0		175.0		175.0
Customer relationships	285.4		85.9		285.0		57.4
Licenses, patents and trademarks	811.1		227.6		812.6		194.8
Software	215.9		151.1		232.1		159.1
Other	115.9		50.2		84.3		23.4
Total intangible assets	$	1,850.0	$	763.4	$	1,835.7	$	659.0