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Goodwill and Other Intangible Assets, net
 3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, net Goodwill and Other Intangible Assets, net
 

Changes in the carrying values of goodwill for the three months ended March 31, 2020, were as follows (in millions):
 
Segment
 

 
Electrical

Utility Solutions

Total

BALANCE DECEMBER 31, 2019
$
727.7

$
1,084.1

$
1,811.8

Prior year acquisitions
—

3.4

3.4

Foreign currency translation
(4.4
)
(3.7
)
(8.1
)
BALANCE MARCH 31, 2020
$
723.3

$
1,083.8

$
1,807.1


 
During the three months ended March 31, 2020, we recognized an increase to the consideration paid in conjunction with our acquisition of Cantega Technologies Inc., including its wholly owned subsidiary Greenjacket Inc., and all of the issued and outstanding shares of Reliaguard Inc. (collectively "Cantega") as a result of the customary net working capital provisions in the acquisition agreements. The increase in consideration paid of $2.1 million resulted in a corresponding increase to goodwill. The goodwill is not deductible for tax purposes.

The carrying value of other intangible assets included in Intangible assets, net in the Condensed Consolidated Balance Sheets is as follows (in millions):
 
March 31, 2020
December 31, 2019
 
Gross Amount

Accumulated
Amortization

Gross Amount

Accumulated
Amortization

Definite-lived:
 

 

 

 

Patents, tradenames and trademarks
$
201.8

$
(66.9
)
$
202.7

$
(65.0
)
Customer relationships, developed technology and other
856.8

(285.8
)
861.0

(270.8
)
Total
$
1,058.6

$
(352.7
)
$
1,063.7

$
(335.8
)
Indefinite-lived:
 

 

 

 

Tradenames and other
52.9

—

53.6

—

TOTAL
$
1,111.5

$
(352.7
)
$
1,117.3

$
(335.8
)

 
Amortization expense associated with definite-lived intangible assets was $19.1 million and $18.2 million for the three months ended March 31, 2020 and 2019, respectively. Future amortization expense associated with these intangible assets is estimated to be $54.8 million for the remainder of 2020, $72.1 million in 2021, $67.0 million in 2022, $62.2 million in 2023, $56.8 million in 2024, and $52.3 million in 2025. The Company amortizes intangible assets with definite lives using either an accelerated method that reflects the pattern in which economic benefits of the intangible assets are consumed and results in higher amortization in the earlier years of the assets useful life, or using a straight line method. Approximately 75% of the gross value of definite-lived intangible assets follow an accelerated amortization method.