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INTANGIBLE ASSETS AND GOODWILL (TABLES)
3 Months Ended
Mar. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Carrying Amounts of Intangible Assets
The carrying amounts of the Company’s intangible assets are as follows:

(In millions)
 
March 30, 2013
 
December 29, 2012
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortized intangibles:
 
 

 
 

 
 

 
 

Patents
 
$
7.8

 
$
(5.7
)
 
$
7.8

 
$
(5.7
)
Supply agreements
 
4.4

 
(4.4
)
 
4.4

 
(4.4
)
Technology
 
7.5

 
(3.4
)
 
7.5

 
(3.2
)
Customer relationships
 
125.3

 
(24.8
)
 
125.9

 
(23.1
)
Software
 
1.7

 
(0.1
)
 
1.7

 
(0.1
)
Other
 
1.2

 
(1.2
)
 
1.2

 
(1.2
)
Total
 
$
147.9

 
$
(39.6
)
 
$
148.5

 
$
(37.7
)
Unamortized intangibles:
 
 
 
 
 
 
 
 
Trade names
 
47.1

 

 
47.3

 

Total intangibles
 
$
195.0

 
$
(39.6
)
 
$
195.8

 
$
(37.7
)
Schedule of Amortization Expense
Amortization expense for each of the five succeeding years is projected as follows:

(In millions)
 
2013
 
2014
 
2015
 
2016
 
2017
 
 
$
8.4

 
$
8.4

 
$
8.4

 
$
8.3

 
$
8.0

Schedule of Change in the Carrying Amount of Goodwill by Reporting Segment
The change in the carrying amount of goodwill by reporting segment for the first quarter ended March 30, 2013, is as follows:

(In millions)
 
Water Systems
 
Fueling Systems
 
Consolidated
Balance as of December 29, 2012
 
$
144.9

 
$
63.2

 
$
208.1

Acquisitions
 

 

 

Adjustments to prior year acquisitions
 

 

 

Foreign currency translation
 
(0.9
)
 
(0.3
)
 
(1.2
)
Balance as of March 30, 2013
 
$
144.0

 
$
62.9

 
$
206.9