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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in goodwill by reportable segment
The changes in the carrying amount of goodwill by reportable segment for the year ended December 31, 2013 and the six months ended June 30, 2014 are as follows:
(in millions)
 
Crane
 
Foodservice
 
Total
Gross balance as of January 1, 2013
 
$
341.7

 
$
1,384.7

 
$
1,726.4

Accumulated asset impairments
 

 
(515.7
)
 
(515.7
)
Net balance as of January 1, 2013
 
341.7

 
869.0

 
1,210.7

Acquisition of Inducs, AG
 

 
5.0

 
5.0

Restructuring reserve adjustment
 

 
(0.7
)
 
(0.7
)
Foreign currency impact
 
3.4

 
0.2

 
3.6

Gross balance as of December 31, 2013
 
$
345.1

 
$
1,389.2

 
$
1,734.3

Accumulated asset impairments
 

 
(515.7
)
 
(515.7
)
Net balance as of December 31, 2013
 
$
345.1

 
$
873.5

 
$
1,218.6

Foreign currency impact
 
(0.3
)
 

 
(0.3
)
Gross balance as of June 30, 2014
 
$
344.8

 
$
1,389.2

 
$
1,734.0

Accumulated asset impairments
 

 
(515.7
)
 
(515.7
)
Net balance as of June 30, 2014
 
$
344.8

 
$
873.5

 
$
1,218.3

Gross carrying amount and accumulated amortization of the company's intangible assets other than goodwill
The gross carrying amount, accumulated amortization and net book value of the company’s intangible assets other than goodwill at June 30, 2014 and December 31, 2013 are as follows:
 
 
June 30, 2014
 
December 31, 2013
(in millions)
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Book
Value
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Book
Value
Trademarks and tradenames
 
$
311.9

 
$

 
$
311.9

 
$
311.8

 
$

 
$
311.8

Customer relationships
 
426.2

 
(125.4
)
 
300.8

 
426.1

 
(114.4
)
 
311.7

Patents
 
34.9

 
(29.3
)
 
5.6

 
34.9

 
(28.4
)
 
6.5

Engineering drawings
 
11.8

 
(9.6
)
 
2.2

 
11.5

 
(9.1
)
 
2.4

Distribution network
 
21.1

 

 
21.1

 
21.0

 

 
21.0

Other intangibles
 
176.3

 
(68.8
)
 
107.5

 
176.6

 
(63.8
)
 
112.8

Total
 
$
982.2

 
$
(233.1
)
 
$
749.1

 
$
981.9

 
$
(215.7
)
 
$
766.2