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GOODWILL AND OTHER INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2019
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)
 
September 30, 2019
 
December 31, 2018
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Amortizing intangibles:
 
 

 
 

 
 

 
 

Patents
 
$
7.4

 
$
(7.0
)
 
$
7.5

 
$
(6.9
)
Technology
 
7.5

 
(6.7
)
 
7.5

 
(6.4
)
Customer relationships
 
154.7

 
(69.0
)
 
151.0

 
(63.8
)
Other
 
3.9

 
(2.6
)
 
2.8

 
(2.5
)
Total
 
$
173.5

 
$
(85.3
)
 
$
168.8

 
$
(79.6
)
Unamortizing intangibles:
 
 
 
 
 
 
 
 
Trade names
 
44.5

 

 
45.9

 

Total intangibles
 
$
218.0

 
$
(85.3
)
 
$
214.7

 
$
(79.6
)

 
Amortization expense related to intangible assets for the third quarters ended September 30, 2019 and September 30, 2018 was $2.4 million and $2.2 million, and for the nine months ended September 30, 2019 and September 30, 2018, $7.0 million and $6.6 million respectively.

Amortization expense for each of the five succeeding years is projected as follows:
(In millions)
 
2019
 
2020
 
2021
 
2022
 
2023
 
 
$
9.3

 
$
9.3

 
$
9.0

 
$
8.8

 
$
8.6



The change in the carrying amount of goodwill by reportable segment for the nine months ended September 30, 2019, is as follows:
(In millions)
 
 
 
 
Water Systems
 
Fueling Systems
 
Distribution
 
Consolidated
Balance as of December 31, 2018
 
$
145.5

 
$
67.5

 
$
35.7

 
$
248.7

Acquisitions
 
4.9

 

 
1.8

 
6.7

Foreign currency translation
 
(1.9
)
 
(0.1
)
 

 
(2.0
)
Balance as of September 30, 2019
 
$
148.5

 
$
67.4

 
$
37.5

 
$
253.4