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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2014
Intangible Assets by Major Asset Class
The table below sets forth the intangible assets by major asset class, all of which were acquired through business purchase transactions:
 
         
June 30, 2014
 
   
Useful
               
Net
 
   
Life
   
Original
   
Accumulated
   
Book
 
   
(Years)
   
Cost
   
Amortization
   
Value
 
Customer contracts and relationships
    8-30     $ 549.7     $ 99.1     $ 450.6  
Acquired technologies
    5-34       141.4       57.1       84.3  
Replacement parts annuity and product approvals
    7-22       7.8       6.3       1.5  
Technical qualifications, plans and drawings
    10-22       17.7       15.2       2.5  
Trademarks and patents
    3-20       23.9       16.0       7.9  
Covenants not to compete and other identified intangibles
    4-5       39.7       3.5       36.2  
Trade names
 
15 - Indefinite
      84.1       1.0       83.1  
            $ 864.3     $ 198.2     $ 666.1