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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill [Line Items]  
Goodwill
The following table provides the changes in carrying value of goodwill by segment for the three months ended March 31, 2016:
 
Energy
 
Engineered Systems
 
Fluids
 
Refrigeration & Food Equipment
 
Total
Balance at December 31, 2015
$
1,047,180

 
$
1,473,864

 
$
655,745

 
$
560,600

 
$
3,737,389

Acquisitions

 

 
281,903

 

 
281,903

Purchase price adjustments

 
363

 
4,781

 
580

 
5,724

Disposition of business

 
(9,615
)
 

 

 
(9,615
)
Foreign currency translation
1,580

 
6,916

 
9,968

 
755

 
19,219

Balance at March 31, 2016
$
1,048,760

 
$
1,471,528

 
$
952,397

 
$
561,935

 
$
4,034,620

Schedule of Intangible Assets
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset:
 
March 31, 2016
 
December 31, 2015
 
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Amortized intangible assets:
 
 
 
 
 
 
 
Trademarks
$
172,554

 
$
49,245

 
$
150,926

 
$
45,536

Patents
155,225

 
117,441

 
150,570

 
112,399

Customer Intangibles
1,663,762

 
628,709

 
1,567,048

 
595,635

Unpatented Technologies
133,362

 
55,971

 
137,919

 
56,495

Drawings & Manuals
34,701

 
16,757

 
34,232

 
15,760

Distributor Relationships
120,957

 
39,592

 
64,614

 
37,610

Other
23,390

 
18,497

 
23,923

 
18,168

Total
2,303,951

 
926,212

 
2,129,232

 
881,603

Unamortized intangible assets:
 
 
 
 
 
 
 
Trademarks
165,658

 
 
 
165,594

 
 
Total intangible assets, net
$
1,543,397

 
 
 
$
1,413,223