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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2018
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)
 
March 31, 2018
 
December 31, 2017
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortized intangibles:
 
 

 
 

 
 

 
 

Patents
 
$
7.6

 
$
(6.8
)
 
$
7.5

 
$
(6.7
)
Technology
 
7.5

 
(6.0
)
 
7.5

 
(5.8
)
Customer relationships
 
139.4

 
(59.6
)
 
138.9

 
(57.6
)
Other
 
3.0

 
(2.6
)
 
2.9

 
(2.4
)
Total
 
$
157.5

 
$
(75.0
)
 
$
156.8

 
$
(72.5
)
Unamortized intangibles:
 
 
 
 
 
 
 
 
Trade names
 
47.4

 

 
47.2

 

Total intangibles
 
$
204.9

 
$
(75.0
)
 
$
204.0

 
$
(72.5
)
Schedule of Finite-Lived Intangible Assets
The carrying amounts of the Company’s intangible assets are as follows:
(In millions)
 
March 31, 2018
 
December 31, 2017
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortized intangibles:
 
 

 
 

 
 

 
 

Patents
 
$
7.6

 
$
(6.8
)
 
$
7.5

 
$
(6.7
)
Technology
 
7.5

 
(6.0
)
 
7.5

 
(5.8
)
Customer relationships
 
139.4

 
(59.6
)
 
138.9

 
(57.6
)
Other
 
3.0

 
(2.6
)
 
2.9

 
(2.4
)
Total
 
$
157.5

 
$
(75.0
)
 
$
156.8

 
$
(72.5
)
Unamortized intangibles:
 
 
 
 
 
 
 
 
Trade names
 
47.4

 

 
47.2

 

Total intangibles
 
$
204.9

 
$
(75.0
)
 
$
204.0

 
$
(72.5
)
Schedule of Amortization Expense
Amortization expense for each of the five succeeding years is projected as follows:
(In millions)
 
2018
 
2019
 
2020
 
2021
 
2022
 
 
$
8.8

 
$
8.6

 
$
8.5

 
$
8.1

 
$
7.9

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 three months ended March 31, 2018, is as follows:
(In millions)
 
 
 
 
Water Systems
 
Fueling Systems
 
Distribution
 
Consolidated
Balance as of December 31, 2017
 
$
139.3

 
$
63.6

 
$
33.9

 
$
236.8

Acquisitions
 

 

 
1.5

 
1.5

Foreign currency translation
 
0.6

 
0.1

 

 
0.7

Balance as of March 31, 2018
 
$
139.9

 
$
63.7

 
$
35.4

 
$
239.0