GOODWILL AND INTANGIBLE ASSETS, NET

An analysis of changes in the Company’s goodwill by business segment is as follows (in millions):



	AWP			Cranes			MP			Total
Balance at December 31, 2016, gross	$	137.7		$	179.3		$	183.8		$	500.8
Accumulated impairment	(38.6		)	(179.3		)	(23.2		)	(241.1		)
Balance at December 31, 2016, net	99.1			—			160.6			259.7
Foreign exchange effect and other	2.5			—			11.4			13.9
Balance at December 31, 2017, gross	140.2			179.3			195.2			514.7
Accumulated impairment	(38.6		)	(179.3		)	(23.2		)	(241.1		)
Balance at December 31, 2017, net	101.6			—			172.0			273.6
Foreign exchange effect and other	(1.0		)	—			(7.4		)	(8.4		)
Balance at December 31, 2018, gross	139.2			179.3			187.8			506.3
Accumulated impairment	(38.6		)	(179.3		)	(23.2		)	(241.1		)
Balance at December 31, 2018, net	$	100.6		$	—		$	164.6		$	265.2

Intangible assets, net were comprised of the following as of December 31, 2018 and 2017 (in millions):



		December 31, 2018							December 31, 2017
	Weighted Average Life (in years)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Definite-lived intangible assets:
Technology	7	$	19.7	$	(17.3	)	$	2.4	$	18.8	$	(17.8	)	$	1.0
Customer Relationships	20	32.6		(28.7		)	3.9		33.2		(28.3		)	4.9
Land Use Rights	81	4.4		(0.6		)	3.8		4.8		(0.6		)	4.2
Other	8	26.3		(23.2		)	3.1		26.5		(22.8		)	3.7
Total definite-lived intangible assets		$	83.0	$	(69.8	)	$	13.2	$	83.3	$	(69.5	)	$	13.8



	For the Year Ended December 31,
(in millions)	2018		2017		2016
Aggregate Amortization Expense	$	2.0	$	2.0	$	2.9

Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years is as follows: