Goodwill

Changes in the carrying amount of goodwill by segment are as follows:



(Millions of Dollars)	Tools & Storage		Security		Industrial		Total
Balance December 31, 2016	$	3,247.8	$	2,007.0	$	1,439.2	$	6,694.0
Acquisition adjustments	1,665.7		58.0		—		1,723.7
Foreign currency translation and other	155.3		90.2		16.5		262.0
Balance September 30, 2017	$	5,068.8	$	2,155.2	$	1,455.7	$	8,679.7

In the first nine months of 2017, goodwill increased by approximately $2.0 billion, which primarily related to the Newell Tools and Craftsman brand acquisitions. The goodwill amounts for these and other 2017 acquisitions are subject to change based upon the allocation of the consideration transferred to the assets acquired and liabilities assumed. Refer to Note F, Acquisitions, for further discussion.