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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes In The Carrying Amounts Of Goodwill
The changes in the carrying amounts of goodwill are as follows:
 
Residential
Products
 
Industrial
Products
 
Furniture
Products
 
Specialized
Products
 
Total
Net goodwill as of January 1, 2018
$
368.2

 
$
70.8

 
$
196.2

 
$
187.0

 
$
822.2

Additions for current year acquisitions
1.3

 

 

 
26.8

 
28.1

Adjustments to prior year acquisitions
(.2
)
 

 

 

 
(.2
)
Foreign currency translation adjustment
(5.8
)
 
(.1
)
 
(3.1
)
 
(7.3
)
 
(16.3
)
Net goodwill as of December 31, 2018
363.5

 
70.7

 
193.1

 
206.5

 
833.8

Additions for current year acquisitions
566.3

 

 

 

 
566.3

Adjustments to prior year acquisitions
.9

 

 

 
.2

 
1.1

Foreign currency translation adjustment
3.0

 
.1

 
(.1
)
 
2.1

 
5.1

Net goodwill as of December 31, 2019
$
933.7

 
$
70.8

 
$
193.0

 
$
208.8

 
$
1,406.3

 
 
 
 
 
 
 
 
 
 
Net goodwill as of December 31, 2019 is comprised of:
 
 
 
 
 
 
 
 
 
Gross goodwill
$
933.7

 
$
76.2

 
$
443.6

 
$
275.5

 
$
1,729.0

Accumulated impairment losses

 
(5.4
)
 
(250.6
)
 
(66.7
)
 
(322.7
)
Net goodwill as of December 31, 2019
$
933.7

 
$
70.8

 
$
193.0

 
$
208.8

 
$
1,406.3


Intangible Assets Purchased
The gross carrying amount and accumulated amortization by intangible asset class and intangible assets acquired during the periods presented included in "Other intangibles, net" on the Consolidated Balance Sheets are as follows:
 
 
 
Patents
and
Trademarks
 
Technology
 

Non-compete
Agreements
 
Customer- Related Intangibles
 
 
Supply
Agreements
and Other
 
Total
2019
 
 
 
 
 
 
 
 
 
 
 
Gross carrying amount
$
133.9

 
$
178.1

 
$
42.1

 
$
591.1

 
$
41.1

 
$
986.3

Accumulated amortization
36.7

 
12.9

 
14.2

 
136.3

 
22.2

 
222.3

Net other intangibles as of December 31, 2019
$
97.2

 
$
165.2

 
$
27.9

 
$
454.8

 
$
18.9

 
$
764.0

 


 
 
 


 
 
 
 
 
 
Acquired during 2019:
 
 
 
 
 
 
 
 
 
 
 
  Acquired related to business acquisitions
$
67.1

 
$
173.3

 
$
28.7

 
$
378.9

 
$

 
$
648.0

  Acquired outside business acquisitions
1.6

 

 

 

 
5.9

 
7.5

Total acquired in 2019
$
68.7

 
$
173.3

 
$
28.7

 
$
378.9

 
$
5.9

 
$
655.5

 
 
 
 
 
 
 
 
 
 
 
 
Weighted average amortization period in years for items acquired in 2019
15.1

 
15.0

 
5.2

 
15.0

 
7.6

 
14.5

 
 
 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
 
 
Gross carrying amount
$
65.8

 
$
4.7

 
$
15.8

 
$
212.5

 
$
41.6

 
$
340.4

Accumulated amortization
31.3

 
.9

 
8.6

 
98.8

 
22.1

 
161.7

Net other intangibles as of December 31, 2018
$
34.5

 
$
3.8

 
$
7.2

 
$
113.7

 
$
19.5

 
$
178.7

 
 
 
 
 
 
 
 
 
 
 
 
Acquired during 2018:
 
 
 
 
 
 
 
 
 
 
 
  Acquired related to business acquisitions
$
2.7

 
$
.9

 
$
1.9

 
$
19.4

 
$

 
$
24.9

  Acquired outside business acquisitions
1.3

 

 
.6

 

 
9.2

 
11.1

Total acquired in 2018
$
4.0

 
$
.9

 
$
2.5

 
$
19.4

 
$
9.2

 
$
36.0

 
 
 
 
 
 
 
 
 
 
 
 
Weighted average amortization period in years for items acquired in 2018
16.5

 
5.0

 
4.5

 
14.4

 
8.3

 
11.6


Estimated Amortization Expense
Estimated amortization expense for the items above included in our December 31, 2019 Consolidated Balance Sheets in each of the next five years is as follows:
 
Year ended December 31
 
2020
$
65.0

2021
64.0

2022
61.0

2023
55.0

2024
54.0