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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Other Intangible Assets [Abstract]  
Carrying amount of goodwill by reportable segment
The balance of goodwill by segment and the activity occurring in the past two fiscal years is as follows:

 
Specialty
Minerals
  
Refractories
  
Performance
Materials
  
Consolidated
 
  
(millions of dollars)
 
Balance at December 31, 2015
 
$
13.3
  
$
47.0
  
$
720.9
  
$
781.2
 
                 
Change in goodwill relating to:
                
Foreign exchange translation
  
(1.2
)
  
(1.3
)
  
-
   
(2.5
)
Total Changes
 
$
(1.2
)
 
$
(1.3
)
 
$
-
  
$
(2.5
)
                 
Balance at December 31, 2016
 
$
12.1
  
$
45.7
  
$
720.9
  
$
778.7
 
                 
Change in goodwill relating to:
                
Foreign exchange translation
  
0.6
       
-
   
0.6
 
Total Changes
  
0.6
   
-
   
-
   
0.6
 
                 
Balance at December 31, 2017
 
$
12.7
  
$
45.7
  
$
720.9
  
$
779.3
 
Acquired intangible assets subject to amortization
Acquired intangible assets subject to amortization as of December 31, 2017 and December 31, 2016 were as follows:

   
December 31, 2017
  
December 31, 2016
 
  
Weighted
Average
Useful Life
(Years)
  
Gross
Carrying
Amount
  
Accumulated
Amortization
  
Gross
Carrying
Amount
  
Accumulated
Amortization
 
    
(millions of dollars)
 
Tradenames
 
34
  
$
199.8
  
$
20.7
  
$
199.8
  
$
15.3
 
Technology
 
12
   
18.8
   
4.8
   
18.8
   
3.6
 
Patents and trademarks
 
17
   
6.4
   
5.3
   
6.4
   
4.8
 
Customer relationships
 
30
   
4.5
   
2.2
   
4.5
   
1.4
 
  
28
  
$
229.5
  
$
33.0
  
$
229.5
  
$
25.1