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GOODWILL AND OTHER INTANGIBLE ASSETS
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS
The carrying amounts of the Company’s intangible assets are as follows:

(In millions)
 
2018
 
2017
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortized intangibles:
 
 

 
 

 
 

 
 

Patents
 
$
7.5

 
$
(6.9
)
 
$
7.5

 
$
(6.7
)
Technology
 
7.5

 
(6.4
)
 
7.5

 
(5.8
)
Customer relationships
 
151.0

 
(63.8
)
 
138.9

 
(57.6
)
Other
 
2.8

 
(2.5
)
 
2.9

 
(2.4
)
Total
 
$
168.8

 
$
(79.6
)
 
$
156.8

 
$
(72.5
)
Unamortized intangibles:
 
 
 
 
 
 
 
 
Trade names
 
45.9

 
—

 
47.2

 
—

Total intangibles
 
$
214.7

 
$
(79.6
)
 
$
204.0

 
$
(72.5
)

 
Amortization expense related to intangible assets for fiscal years 2018, 2017, and 2016, was $8.9 million, $8.6 million, and $8.4 million, respectively.

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

(In millions)
 
2019
 
2020
 
2021
 
2022
 
2023
 
 
$
9.2

 
$
9.0

 
$
8.7

 
$
8.5

 
$
8.4





The change in the carrying amount of goodwill by reportable segment for 2018 and 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
 
—

 
—

 
33.9

 
33.9

Foreign currency translation
 
3.0

 
0.3

 
—

 
3.3

 
 
 
 
 
 
 
 
 
Balance as of December 31, 2017
 
$
139.3

 
$
63.6

 
$
33.9

 
$
236.8

Acquisitions
 
10.1

 
4.1

 
1.8

 
16.0

Foreign currency translation
 
(3.9
)
 
(0.2
)
 
—

 
(4.1
)
Balance as of December 31, 2018
 
$
145.5

 
$
67.5

 
35.7

 
$
248.7