GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2019

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)	2019				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		(6.8)		7.5		(6.4)
Customer relationships	155.4		(71.4)		151.0		(63.8)
Other	3.8		(2.8)		2.8		(2.5)
Total	$	174.1	$	(88.0)	$	168.8	$	(79.6)
Unamortizing intangibles:
Trade names	45.0		—		45.9		—
Total intangibles	$	219.1	$	(88.0)	$	214.7	$	(79.6)

Schedule of Finite-Lived Intangible Assets

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

(In millions)	2019				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		(6.8)		7.5		(6.4)
Customer relationships	155.4		(71.4)		151.0		(63.8)
Other	3.8		(2.8)		2.8		(2.5)
Total	$	174.1	$	(88.0)	$	168.8	$	(79.6)
Unamortizing intangibles:
Trade names	45.0		—		45.9		—
Total intangibles	$	219.1	$	(88.0)	$	214.7	$	(79.6)

Schedule of Amortization Expense

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

(In millions)	2020		2021		2022		2023		2024
	$	9.4	$	9.0	$	8.8	$	8.7	$	8.5

Schedule of Change in the Carrying Amount of Goodwill by Reporting Segment

The change in the carrying amount of goodwill by reportable segment for 2019 and 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	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
Acquisitions	6.4		—		1.8		8.2
Foreign currency translation	(0.9)		0.1		—		(0.8)
Balance as of December 31, 2019	$	151.0	$	67.6	37.5		$	256.1