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Goodwill
6 Months Ended
Jun. 29, 2013
Goodwill
Goodwill
Changes in the carrying amount of goodwill by segment are as follows:
(Millions of Dollars)
CDIY
 
Industrial
 
Security
 
Total
Balance December 29, 2012
$
3,030.5

 
$
1,394.3

 
$
2,596.3

 
$
7,021.1

Addition from acquisitions
44.9

 
500.5

 
23.1

 
568.5

Foreign currency translation and other
(55.4
)
 
(32.4
)
 
(36.0
)
 
(123.8
)
Balance June 29, 2013
$
3,020.0

 
$
1,862.4

 
$
2,583.4

 
$
7,465.8



In accordance with ASC 350, a portion of the goodwill associated with the Security segment was allocated to the residential portion of Tong Lung based on the relative fair value of the business disposed of and the portion of the reporting unit that was retained. Accordingly, goodwill for the Security segment was reduced by $33.6 million and included in the gain on sale of the residential portion of Tong Lung.