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Goodwill and Other Identifiable Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2016
Carrying Amount of Goodwill by Segment
The changes in the carrying amount of goodwill by segment were as follows:
In millions
December 31,
2015
Purchase
accounting
adjustments
Foreign currency 
translation/other 
June 30,
2016
Water Quality Systems
$
1,121.1

$
—

$
3.3

$
1,124.4

Flow & Filtration Solutions
882.7

—

3.0

885.7

Technical Solutions
2,255.2

(33.3
)
3.1

2,225.0

Valves & Controls
996.4

—

—

996.4

Total goodwill
$
5,255.4

$
(33.3
)
$
9.4

$
5,231.5
Detail of Identifiable Intangible Assets
Identifiable intangible assets consisted of the following:
 
June 30,
2016
 
December 31,
2015
In millions
Cost
Accumulated
amortization
Net
 
Cost
Accumulated
amortization
Net
Finite-life intangibles
 
 
 
 
 
 
 
Customer relationships
$
2,083.3

$
(481.6
)
$
1,601.7

 
$
2,078.7

$
(415.8
)
$
1,662.9

Trade names
1.8

(1.3
)
0.5

 
1.8

(1.2
)
0.6

Proprietary technology and patents
249.7

(124.6
)
125.1

 
249.3

(114.2
)
135.1

Total finite-life intangibles
2,334.8

(607.5
)
1,727.3

 
2,329.8

(531.2
)
1,798.6

Indefinite-life intangibles
 
 
 
 
 
 
 
Trade names
692.3

—

692.3

 
691.5

—

691.5

Total intangibles, net
$
3,027.1

$
(607.5
)
$
2,419.6

 
$
3,021.3

$
(531.2
)
$
2,490.1
Estimated Future Amortization Expense for Identifiable Intangible Assets
Estimated future amortization expense for identifiable intangible assets during the remainder of 2016 and the next five years is as follows:
 
Q3-Q4
 
 
 
 
 
In millions
2016
2017
2018
2019
2020
2021
Estimated amortization expense
$
75.3

$
149.8

$
148.3

$
145.9

$
139.1

$
134.0