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Goodwill And Intangible Assets (Tables)
12 Months Ended
Dec. 31, 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 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

 
 
 
 
 
 
 
 
Acquisitions and Valuation Adjustments
(0.3
)
 

 

 
(0.3
)
Translation Adjustments
(12.1
)
 
(7.1
)
 
(1.0
)
 
(4.0
)
Balance as of December 31, 2016
$
1,453.2

 
$
540.6

 
$
341.8

 
$
570.8

 
 
 
 
 
 
 
 
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 2,
2016
 
Acquisitions
 
Translation Adjustments
 
December 31, 2016
Customer Relationships
15
 
$
709.0

 
$

 
$
(5.4
)
 
$
703.6

Technology
11
 
191.1

 

 
(1.4
)
 
189.7

Trademarks
12
 
32.1

 

 
(0.3
)
 
31.8

Patent and Engineering Drawings
5
 
16.6

 

 

 
16.6

Non-compete Agreements
5
 
8.5

 

 
(0.2
)
 
8.3

 
 
 
957.3

 

 
(7.3
)
 
950.0

Non-amortizable Trade Names
 
 
121.3

 

 
(0.5
)
 
120.8

Total Gross Intangibles
 
 
$
1,078.6

 
$

 
$
(7.8
)
 
$
1,070.8

Schedule of Accumulated Amortization
Accumulated amortization on intangible assets consists of the following:
 
 
January 2, 2016
 
Amortization
 
Translation Adjustments
 
December 31, 2016
Customer Relationships
 
$
161.4

 
$
42.6

 
$
(2.4
)
 
$
201.6

Technology
 
92.9

 
17.4

 
(0.8
)
 
109.5

Trademarks
 
21.8

 
1.9

 
(0.4
)
 
23.3

Patent and Engineering Drawings
 
16.6

 

 

 
16.6

Non-compete Agreements
 
8.1

 
0.1

 
(0.1
)
 
8.1

Total Accumulated Amortization
 
$
300.8

 
$
62.0

 
$
(3.7
)
 
$
359.1

Intangible Assets, Net of Amortization
 
$
777.8

 
 
 
 
 
$
711.7

Schedule of Estimated Amortization
The following table presents estimated future amortization expense (in millions):
 
 
 
Estimated Amortization
Year
 
 
2017
 
 
$
55.0

2018
 
 
53.0

2019
 
 
52.6

2020
 
 
49.5

2021
 
 
41.9