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GOODWILL AND OTHER INTANGIBLE ASSETS, NET
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Goodwill
The following table provides a rollforward of the carrying amount of goodwill for the six months ended June 30, 2019 by segment. 
 
Motion
Technologies
 
Industrial
Process
 
Connect & Control
Technologies
 
Total
Goodwill - December 31, 2018
 
$
294.5

 
 
 
$
315.8

 
 
 
$
265.6

 
 
$
875.9

Acquired
 

 
 
 
54.6

 
 
 

 
 
54.6

Foreign exchange translation
 
0.1

 
 
 
0.6

 
 
 
(0.2
)
 
 
0.5

Goodwill - June 30, 2019
 
$
294.6

 
 
 
$
371.0

 
 
 
$
265.4

 
 
$
931.0


Goodwill acquired is related to our acquisition of Rheinhütte Pumpen Group (Rheinhütte) in the second quarter of 2019, and represents the preliminary calculation of the excess of the purchase price over the net assets acquired, the valuation of which is pending completion. Upon completion of the valuation, goodwill acquired will be adjusted to reflect the final fair value of the net assets acquired. Refer to Note 20, Acquisitions, for additional information.
Other Intangible Assets, Net 
Information regarding our other intangible assets is as follows:
 
June 30, 2019
 
December 31, 2018
 
Gross
Carrying
Amount
 
Accumulated Amortization
 
Net Intangibles
 
Gross
Carrying
Amount
 
Accumulated Amortization
 
Net Intangibles
Customer relationships
 
$
164.2

 
 
 
$
(92.8
)
 
 
 
$
71.4

 
 
 
$
164.1

 
 
 
$
(86.2
)
 
 
 
$
77.9

 
Proprietary technology
 
53.6

 
 
 
(27.2
)
 
 
 
26.4

 
 
 
53.7

 
 
 
(25.6
)
 
 
 
28.1

 
Patents and other
 
12.8

 
 
 
(9.7
)
 
 
 
3.1

 
 
 
12.3

 
 
 
(9.4
)
 
 
 
2.9

 
Finite-lived intangible total
 
230.6

 
 
 
(129.7
)
 
 
 
100.9

 
 
 
230.1

 
 
 
(121.2
)
 
 
 
108.9

 
Indefinite-lived intangibles
 
27.2

 
 
 

 
 
 
27.2

 
 
 
27.2

 
 
 

 
 
 
27.2

 
Other intangible assets
 
$
257.8

 
 
 
$
(129.7
)
 
 
 
$
128.1

 
 
 
$
257.3

 
 
 
$
(121.2
)
 
 
 
$
136.1

 

Amortization expense related to finite-lived intangible assets was $4.0 and $4.3, and $8.0 and $8.9 for the three and six months ended June 30, 2019 and 2018, respectively.