GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2017

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)	September 30, 2017					December 31, 2016
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Amortized intangibles:
Patents	$	7.5	$	(6.7	)	$	7.4	$	(6.4	)
Technology	7.5		(5.7		)	7.5		(5.3		)
Customer relationships	140.9		(55.9		)	133.4		(49.6		)
Other	2.9		(2.4		)	2.7		(2.1		)
Total	$	158.8	$	(70.7	)	$	151.0	$	(63.4	)
Unamortized intangibles:
Trade names	47.7		—			47.1		—
Total intangibles	$	206.5	$	(70.7	)	$	198.1	$	(63.4	)

Schedule of Finite-Lived Intangible Assets

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

(In millions)	September 30, 2017					December 31, 2016
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Amortized intangibles:
Patents	$	7.5	$	(6.7	)	$	7.4	$	(6.4	)
Technology	7.5		(5.7		)	7.5		(5.3		)
Customer relationships	140.9		(55.9		)	133.4		(49.6		)
Other	2.9		(2.4		)	2.7		(2.1		)
Total	$	158.8	$	(70.7	)	$	151.0	$	(63.4	)
Unamortized intangibles:
Trade names	47.7		—			47.1		—
Total intangibles	$	206.5	$	(70.7	)	$	198.1	$	(63.4	)

Schedule of Amortization Expense

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

(In millions)	2017		2018		2019		2020		2021
	$	8.8	$	8.8	$	8.7	$	8.5	$	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 September 30, 2017, is as follows:

(In millions)
	Water Systems		Fueling Systems		Distribution		Consolidated
Balance as of December 31, 2016	$	136.3	$	63.3	$	—	$	199.6
Acquisitions	—		—		34.0		34.0
Foreign currency translation	3.1		0.3		—		3.4
Balance as of September 30, 2017	$	139.4	$	63.6	$	34.0	$	237.0