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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 29, 2014
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 29, 2014
 
December 28, 2013
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortized intangibles:
 
 

 
 

 
 

 
 

Patents
 
$
7.8

 
$
(6.0
)
 
$
7.8

 
$
(5.9
)
Supply agreements
 
4.4

 
(4.4
)
 
4.4

 
(4.4
)
Technology
 
7.5

 
(3.9
)
 
7.5

 
(3.8
)
Customer relationships
 
125.3

 
(31.6
)
 
125.1

 
(29.7
)
Software
 
2.1

 
(0.4
)
 
2.1

 
(0.4
)
Other
 
1.3

 
(1.3
)
 
1.3

 
(1.2
)
Total
 
$
148.4

 
$
(47.6
)
 
$
148.2

 
$
(45.4
)
Unamortized intangibles:
 
 
 
 
 
 
 
 
Trade names
 
46.1

 

 
45.9

 

Total intangibles
 
$
194.5

 
$
(47.6
)
 
$
194.1

 
$
(45.4
)
Schedule of Amortization Expense
Amortization expense for each of the five succeeding years is projected as follows:
(In millions)
 
2014
 
2015
 
2016
 
2017
 
2018
 
 
$
8.1

 
$
8.1

 
$
8.1

 
$
7.8

 
$
7.7

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 29, 2014, is as follows:
(In millions)
 
 
 
 
Water Systems
 
Fueling Systems
 
Consolidated
Balance as of December 28, 2013
 
$
144.1

 
$
63.1

 
$
207.2

Foreign currency translation
 
0.4

 
0.1

 
0.5

Balance as of March 29, 2014
 
$
144.5

 
$
63.2

 
$
207.7