Changes to the carrying amount of consolidated goodwill by segment for the three months ended 31 December 2016 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | Industrial Gases– Americas | | Industrial Gases– EMEA | | Industrial Gases– Asia | | Industrial Gases– Global | | Total | Goodwill, net at 30 September 2016 | | $ | 309.1 |
| | $ | 380.6 |
| | $ | 135.2 |
| | $ | 20.2 |
| | $ | 845.1 |
| Currency translation | | (4.0 | ) | | (26.9 | ) | | (2.7 | ) | | (.4 | ) | | (34.0 | ) | Goodwill, net at 31 December 2016 | | $ | 305.1 |
| | $ | 353.7 |
| | $ | 132.5 |
| | $ | 19.8 |
| | $ | 811.1 |
|
| | | | | | | | | | | | 31 December | | 30 September | | | 2016 | | 2016 | Goodwill, gross | | $ | 1,064.6 |
| | $ | 1,103.7 |
| Accumulated impairment losses(A) | | (253.5 | ) | | (258.6 | ) | Goodwill, net | | $ | 811.1 |
| | $ | 845.1 |
|
| | (A) | Amount is attributable to the Industrial Gases – Americas segment and includes currency translation of $51.7 and $46.6 as of 31 December 2016 and 30 September 2016, respectively. |
We conduct goodwill impairment testing in the fourth quarter of each fiscal year and whenever events and changes in circumstances indicate that the carrying value of goodwill might not be recoverable.
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