GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Oct. 01, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Indefinite-Lived Intangible Assets

The carrying amounts of the Company’s intangible assets are as follows:

(In millions)	October 1, 2016					January 2, 2016
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Amortized intangibles:
Patents	$	7.5	$	(6.4	)	$	7.4	$	(6.2	)
Technology	7.5		(5.2		)	7.5		(4.8		)
Customer relationships	135.0		(48.4		)	132.6		(42.3		)
Software	2.5		(1.8		)	2.5		(1.7		)
Other	0.3		(0.3		)	1.0		(1.0		)
Total	$	152.8	$	(62.1	)	$	151.0	$	(56.0	)
Unamortized intangibles:
Trade names	47.6		—			46.4		—
Total intangibles	$	200.4	$	(62.1	)	$	197.4	$	(56.0	)

Schedule of Finite-Lived Intangible Assets

The carrying amounts of the Company’s intangible assets are as follows:

(In millions)	October 1, 2016					January 2, 2016
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Amortized intangibles:
Patents	$	7.5	$	(6.4	)	$	7.4	$	(6.2	)
Technology	7.5		(5.2		)	7.5		(4.8		)
Customer relationships	135.0		(48.4		)	132.6		(42.3		)
Software	2.5		(1.8		)	2.5		(1.7		)
Other	0.3		(0.3		)	1.0		(1.0		)
Total	$	152.8	$	(62.1	)	$	151.0	$	(56.0	)
Unamortized intangibles:
Trade names	47.6		—			46.4		—
Total intangibles	$	200.4	$	(62.1	)	$	197.4	$	(56.0	)

Schedule of Amortization Expense

Amortization expense for each of the five succeeding years is projected as follows:

(In millions)	2016		2017		2018		2019		2020
	$	8.6	$	8.5	$	8.4	$	8.3	$	8.2

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 nine months ended October 1, 2016, is as follows:

(In millions)
	Water Systems		Fueling Systems			Consolidated
Balance as of January 2, 2016	$	136.8	$	63.0		$	199.8
Acquisitions	—		0.8			0.8
Foreign currency translation	1.7		(0.3		)	1.4
Balance as of October 1, 2016	$	138.5	$	63.5		$	202.0