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Goodwill and Other Identifiable Intangible Assets (Tables)
 6 Months Ended
Jun. 29, 2013
Carrying Amount of Goodwill by Segment
The changes in the carrying amount of goodwill by segment were as follows:
In millions
December 31, 2012
Acquisitions/
divestitures 
Foreign currency 
translation/other 
June 29, 2013
Water & Fluid Solutions
$
2,425.4

$
—

$
(12.2
)
$
2,413.2

Valves & Controls
1,389.9

—

—

1,389.9

Technical Solutions
1,168.2

(5.3
)
(1.4
)
1,161.5

Total goodwill
$
4,983.5

$
(5.3
)
$
(13.6
)
$
4,964.6
Detail of Identifiable Intangible Assets
Identifiable intangible assets consisted of the following:
 
June 29, 2013
 
December 31, 2012
In millions
Cost
Accumulated
amortization
Net
 
Cost
Accumulated
amortization
Net
Finite-life intangibles



 



Customer relationships
$
1,281.5

$
(195.6
)
$
1,085.9

 
$
1,291.5

$
(152.7
)
$
1,138.8

Trade names
2.1

(0.8
)
1.3

 
1.5

(0.7
)
0.8

Proprietary technology
262.4

(68.4
)
194.0

 
263.7

(57.8
)
205.9

Backlog
43.7

(41.7
)
2.0

 
43.7

(18.2
)
25.5

Total finite-life intangibles
$
1,589.7

$
(306.5
)
$
1,283.2

 
$
1,600.4

$
(229.4
)
$
1,371.0

Indefinite-life intangibles



 



Trade names
553.4

—

553.4

 
555.9

—

555.9

Total intangibles, net
$
2,143.1

$
(306.5
)
$
1,836.6

 
$
2,156.3

$
(229.4
)
$
1,926.9
Estimated Future Amortization Expense for Identifiable Intangible Assets
Estimated future amortization expense for identifiable intangible assets during the remainder of 2013 and the next five years is as follows:
 
Q3-Q4
 
 
 
 
 
In millions
2013
2014
2015
2016
2017
2018
Estimated amortization expense
$
57.8

$
115.2

$
114.6

$
113.8

$
112.2

$
109.7