Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Segment

The following table represents the changes in goodwill by segment:

	Energy & Chemicals			Distribution & Storage			BioMedical		Total
Balance at December 31, 2017	$	275.1		$	169.2		$	24.5	$	468.8
Foreign currency translation adjustments	(0.9		)	(0.6		)	—		(1.5		)
Goodwill acquired during the year	—			4.7			—		4.7
Balance at June 30, 2018	$	274.2		$	173.3		$	24.5	$	472.0
Accumulated goodwill impairment loss at December 31, 2017	$	64.6		$	—		$	131.2	$	195.8
Foreign currency translation adjustments	(0.1		)	—			—		(0.1		)
Accumulated goodwill impairment loss at June 30, 2018	$	64.5		$	—		$	131.2	$	195.7

Schedule of Finite-Lived Intangible Assets

The following table displays the gross carrying amount and accumulated amortization for finite-lived intangible assets and indefinite-lived intangible assets (exclusive of goodwill) ⁽¹⁾:

		June 30, 2018					December 31, 2017
	Weighted-average Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Finite-lived intangible assets:
Customer relationships	14 years	$	246.0	$	(97.6	)	$	246.3	$	(88.2	)
Unpatented technology	12 years	27.3		(5.8		)	26.8		(4.5		)
Land use rights	50 years	13.3		(1.3		)	13.4		(1.2		)
Trademarks and trade names	14 years	5.4		(2.8		)	5.5		(2.9		)
Patents and other	7 years	2.9		(1.1		)	3.0		(0.8		)
Total finite-lived intangible assets	16 years	$	294.9	$	(108.6	)	$	295.0	$	(97.6	)
Indefinite-lived intangible assets:
Trademarks and trade names		104.7		—			105.1		—
Total intangible assets		$	399.6	$	(108.6	)	$	400.1	$	(97.6	)

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⁽¹⁾ Amounts include the impact of foreign currency translation. Fully amortized amounts are written off.

Schedule of Indefinite-Lived Intangible Assets

The following table displays the gross carrying amount and accumulated amortization for finite-lived intangible assets and indefinite-lived intangible assets (exclusive of goodwill) ⁽¹⁾:

		June 30, 2018					December 31, 2017
	Weighted-average Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Finite-lived intangible assets:
Customer relationships	14 years	$	246.0	$	(97.6	)	$	246.3	$	(88.2	)
Unpatented technology	12 years	27.3		(5.8		)	26.8		(4.5		)
Land use rights	50 years	13.3		(1.3		)	13.4		(1.2		)
Trademarks and trade names	14 years	5.4		(2.8		)	5.5		(2.9		)
Patents and other	7 years	2.9		(1.1		)	3.0		(0.8		)
Total finite-lived intangible assets	16 years	$	294.9	$	(108.6	)	$	295.0	$	(97.6	)
Indefinite-lived intangible assets:
Trademarks and trade names		104.7		—			105.1		—
Total intangible assets		$	399.6	$	(108.6	)	$	400.1	$	(97.6	)

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⁽¹⁾ Amounts include the impact of foreign currency translation. Fully amortized amounts are written off.

Schedule of Future Amortization

We estimate amortization expense to be recognized during the next five years as follows:

For the Year Ending December 31,
2018	$	23.5
2019	23.1
2020	21.1
2021	15.0
2022	14.8

Schedule of Government Grants

China Government Grants are presented in our unaudited condensed consolidated balance sheets as follows:

	June 30, 2018		December 31, 2017
Current	$	0.5	$	0.5
Long-term	8.1		8.7
Total China Government Grants	$	8.6	$	9.2