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Goodwill And Intangible Assets (Tables)
12 Months Ended
Jan. 02, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes to Goodwill
The following table presents changes to goodwill during the periods indicated (in millions):
 
 
 
 
 
 
 
 
 
Total
 
Commercial and Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
Balance as of December 28, 2013
$
1,081.9

 
$
703.2

 
$
353.6

 
$
25.1

Acquisitions and valuation adjustments
54.5

 
54.5

 

 

Less: Impairment charges
119.5

 
100.7

 
7.7

 
11.1

Translation adjustments
(12.9
)
 
(11.6
)
 
(1.3
)
 

Balance as of January 3, 2015
$
1,004.0

 
$
645.4

 
$
344.6

 
$
14.0

 
 
 
 
 
 
 
 
Acquisitions and valuation adjustments
559.4

 
(5.2
)
 

 
564.6

Less: Impairment charges
79.9

 
79.9

 

 

Translation adjustments
(17.9
)
 
(12.6
)
 
(1.8
)
 
(3.5
)
Balance as of January 2, 2016
$
1,465.6

 
$
547.7

 
$
342.8

 
$
575.1

 
 
 
 
 
 
 
 
Cumulative goodwill impairment charges
$
275.7

 
$
244.8

 
$
7.7

 
$
23.2

Schedule of Gross Intangibles
Gross intangible assets consist of the following (in millions):
 
Weighted Average Amortization Period (Years)
 
January 3,
2015
 
Acquisitions
 
Translation Adjustments
 
January 2, 2016
Customer Relationships
15
 
$
256.8

 
$
462.8

 
$
(10.6
)
 
$
709.0

Technology
11
 
129.4

 
63.5

 
(1.8
)
 
191.1

Trademarks
12
 
33.1

 

 
(1.0
)
 
32.1

Patent and Engineering Drawings
5
 
16.6

 

 

 
16.6

Non-compete Agreements
5
 
8.6

 

 
(0.1
)
 
8.5

 
 
 
444.5

 
526.3

 
(13.5
)
 
957.3

Non-amortizable Trade Names
 
 

 
121.9

 
(0.6
)
 
121.3

Total Gross Intangibles
 
 
$
444.5

 
$
648.2

 
$
(14.1
)
 
$
1,078.6

Schedule of Accumulated Amortization
Accumulated amortization on intangible assets consists of the following:
 
 
January 3, 2015
 
Amortization
 
Translation Adjustments
 
January 2, 2016
Customer Relationships
 
$
122.6

 
$
42.2

 
$
(3.4
)
 
$
161.4

Technology
 
74.9

 
19.0

 
(1.0
)
 
92.9

Trademarks
 
20.1

 
2.4

 
(0.7
)
 
21.8

Patent and Engineering Drawings
 
16.6

 

 

 
16.6

Non-compete Agreements
 
8.0

 
0.3

 
(0.2
)
 
8.1

Total Accumulated Amortization
 
$
242.2

 
$
63.9

 
$
(5.3
)
 
$
300.8

Intangible Assets, Net of Amortization
 
$
202.3

 
 
 
 
 
$
777.8

Schedule of Estimated Amortization
The following table presents estimated future amortization expense (in millions):
 
 
 
Estimated Amortization
Year
 
 
2016
 
 
$
61.1

2017
 
 
54.7

2018
 
 
52.9

2019
 
 
52.4

2020
 
 
49.8