Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amounts of goodwill for the years ended December 31, 2019 and 2018, by segment, were as follows (in millions):

	Segment
	Electrical			Power			Total
BALANCE AT DECEMBER 31, 2017	$	717.6		$	371.4		$	1,089.0
Current year acquisitions	—			708.7			708.7
Foreign currency translation and prior year acquisitions	(3.5		)	(9.8		)	(13.3		)
BALANCE AT DECEMBER 31, 2018	$	714.1		$	1,070.3		$	1,784.4
Current year acquisitions(1)	15.2			14.2			29.4
Dispositions(1)	(3.1		)	—			(3.1		)
Foreign currency translation	1.5			(0.4		)	1.1
BALANCE AT DECEMBER 31, 2019	$	727.7		$	1,084.1		$	1,811.8

 ⁽¹⁾ Refer to Note 3 – Business Acquisitions and Dispositions for additional information.

Schedule of Identifiable Intangible Assets

Identifiable intangible assets are recorded in Intangible assets, net in the Consolidated Balance Sheet. Identifiable intangible assets are comprised of the following (in millions):

	December 31, 2019					December 31, 2018
	Gross Amount		Accumulated Amortization			Gross Amount		Accumulated Amortization
Definite-lived:
Patents, tradenames and trademarks	$	202.7	$	(65.0	)	$	204.4	$	(58.6	)
Customer relationships, developed technology and other	861.0		(270.8		)	833.0		(212.6		)
TOTAL DEFINITE-LIVED INTANGIBLES	1,063.7		(335.8		)	1,037.4		(271.2		)
Indefinite-lived:
Tradenames and other	53.6		—			53.3		—
TOTAL INTANGIBLE ASSETS	$	1,117.3	$	(335.8	)	$	1,090.7	$	(271.2	)