GOODWILL AND INTANGIBLE ASSETS, NET

9 Months Ended

Sep. 30, 2019

GOODWILL AND INTANGIBLE ASSETS, NET

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



	AWP			MP			Total
Balance at December 31, 2018, gross	$	139.2		$	187.8		$	327.0
Accumulated impairment	(38.6		)	(23.2		)	(61.8		)
Balance at December 31, 2018, net	100.6			164.6			265.2
Foreign exchange effect and other	(0.9		)	(4.6		)	(5.5		)
Balance at September 30, 2019, gross	138.3			183.2			321.5
Accumulated impairment	(38.6		)	(23.2		)	(61.8		)
Balance at September 30, 2019, net	$	99.7		$	160.0		$	259.7

Intangible assets, net were comprised of the following (in millions):



		September 30, 2019							December 31, 2018
	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	$	9.1	$	(8.6	)	$	0.5	$	9.7	$	(9.1	)	$	0.6
Customer Relationships	22	25.4		(22.4		)	3.0		25.6		(21.7		)	3.9
Land Use Rights	82	4.3		(0.6		)	3.7		4.4		(0.6		)	3.8
Other	8	25.0		(22.2		)	2.8		24.9		(21.8		)	3.1
Total definite-lived intangible assets		$	63.8	$	(53.8	)	$	10.0	$	64.6	$	(53.2	)	$	11.4



	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions)	2019		2018		2019		2018
Aggregate Amortization Expense	$	0.4	$	0.4	$	1.3	$	1.4

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