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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule Of Changes To Goodwill
The following table presents changes to goodwill during the three months ended March 31, 2018 (in millions):
 
Total
 
Commercial and Industrial Systems
 
Climate Solutions
 
Power Transmission Solutions
Balance as of December 30, 2017
$
1,477.1

 
$
548.8

 
$
342.4

 
$
585.9

Translation Adjustments
7.4

 
3.5

 
0.2

 
3.7

Balance as of March 31, 2018
$
1,484.5

 
$
552.3

 
$
342.6

 
$
589.6

 
 
 
 
 
 
 
 
Cumulative Goodwill Impairment Charges
$
275.7

 
$
244.8

 
$
7.7

 
$
23.2

Schedule Of Finite-Lived Intangible Assets
The following table presents intangible assets (in millions):  
 
 
 
 
March 31, 2018
 
December 30, 2017
 
 
Weighted Average Amortization Period (Years)
 
Gross Value
 
Accumulated
Amortization
 
Gross Value
 
Accumulated
Amortization
Amortizable Intangible Assets:
 
 
 
 
 
 
 
 
 
 
  Customer Relationships
 
16
 
$
724.8

 
$
261.5

 
$
720.9

 
$
249.6

  Technology
 
13
 
193.3

 
126.4

 
192.3

 
122.8

  Trademarks
 
15
 
33.0

 
26.3

 
32.8

 
25.7

  Patent and Engineering Drawings
 
5
 
16.6

 
16.6

 
16.6

 
16.6

  Non-Compete Agreements
 
8
 
8.6

 
8.5

 
8.5

 
8.4

 
 
 
 
976.3

 
439.3

 
971.1

 
423.1

Non-Amortizable Trade Names
 
 
 
122.9

 

 
122.5

 

 
 
 
 
$
1,099.2

 
$
439.3

 
$
1,093.6

 
$
423.1

 
 
 
 
 
 
 
 
 
 
 
Schedule Of Indefinite-Lived Intangible Assets
The following table presents intangible assets (in millions):  
 
 
 
 
March 31, 2018
 
December 30, 2017
 
 
Weighted Average Amortization Period (Years)
 
Gross Value
 
Accumulated
Amortization
 
Gross Value
 
Accumulated
Amortization
Amortizable Intangible Assets:
 
 
 
 
 
 
 
 
 
 
  Customer Relationships
 
16
 
$
724.8

 
$
261.5

 
$
720.9

 
$
249.6

  Technology
 
13
 
193.3

 
126.4

 
192.3

 
122.8

  Trademarks
 
15
 
33.0

 
26.3

 
32.8

 
25.7

  Patent and Engineering Drawings
 
5
 
16.6

 
16.6

 
16.6

 
16.6

  Non-Compete Agreements
 
8
 
8.6

 
8.5

 
8.5

 
8.4

 
 
 
 
976.3

 
439.3

 
971.1

 
423.1

Non-Amortizable Trade Names
 
 
 
122.9

 

 
122.5

 

 
 
 
 
$
1,099.2

 
$
439.3

 
$
1,093.6

 
$
423.1

 
 
 
 
 
 
 
 
 
 
 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table presents future annual amortization for intangible assets (in millions):
 Year
 
Estimated Amortization
2019
 
$
53.9

2020
 
50.9

2021
 
43.5

2022
 
41.8

2023
 
41.8