GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2018

GOODWILL AND OTHER INTANGIBLE ASSETS

Changes in the carrying amount of goodwill

	Global		Global		Global
(millions)	Industrial		Institutional		Energy		Other		Total
December 31, 2017		$2,797.0		$1,027.0		$3,203.7		$139.4		$7,167.1
Segment change (a)		(71.7)		-		-		71.7		-
December 31, 2017 revised		$2,725.3		$1,027.0		$3,203.7		$211.1		$7,167.1
Current year business combinations (b)		18.8		11.7		-		-		30.5
Dispositions		-		-		(2.9)		-		(2.9)
Effect of foreign currency translation		(44.3)		(16.8)		(51.8)		(3.4)		(116.3)
September 30, 2018		$2,699.8		$1,021.9		$3,149.0		$207.7		$7,078.4

(a) Relates to establishment of the Colloidal Technologies Group (“CTG”) operating segment, which is also a reporting unit. Goodwill was allocated to CTG based on a fair value allocation. The CTG operating segment is included in Other. CTG was previously reported in the Water reporting unit, which is aggregated and reported in the Global Industrial reportable segment. See Note 15 for further information.

(b) Represents goodwill associated with current year acquisitions. The Company does not expect any of the goodwill related to businesses acquired to be tax deductible.