Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangibles (Tables)

v3.19.3.a.u2
Goodwill and Other Intangibles (Tables)
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

Changes in the Company's goodwill during the period ended December 31, 2019, by segment, are summarized below:
(in millions)
2018
 
Acquisitions
 
Adjustments
 
2019
Marine Engine
$
375.1

 
$
—

 
$
11.3

 
$
386.4

Boat
2.2

 
26.0

 
0.4

 
28.6

Total
$
377.3

 
$
26.0

 
$
11.7

 
$
415.0


Changes in the Company's goodwill during the period ended December 31, 2018, by segment, are summarized below:
(in millions)
2017
 
Acquisitions
 
Adjustments
 
2018
Marine Engine
$
31.7

 
$
344.2

 
$
(0.8
)
 
$
375.1

Boat
2.2

 
—

 
—

 
2.2

Total
$
33.9

 
$
344.2

 
$
(0.8
)
 
$
377.3


Schedule of Other Intangible Assets
The Company's intangible assets, included within Other intangibles, net on the Consolidated Balance Sheets as of December 31, 2019 and 2018, are summarized by intangible asset type below:
 
2019
 
2018
(in millions)
Gross Amount
 
Accumulated Amortization
 
Gross Amount
 
Accumulated Amortization
Intangible assets:
 
 
 
 
 
 
 
  Customer relationships (A)
$
687.0

 
$
(274.6
)
 
$
675.7

 
$
(243.3
)
Trade names
165.8

 
—

 
152.5

 
—

  Other (A)
18.4

 
(13.1
)
 
13.5

 
(12.6
)
     Total
$
871.2

 
$
(287.7
)
 
$
841.7

 
$
(255.9
)

(A) The weighted average remaining amortization period for Customer relationships and Other intangibles assets were 13.2 years and 10.7 years, respectively, as of December 31, 2019.

The Company's intangible assets, included within Other intangibles, net on the Consolidated Balance Sheets as of December 31, 2019 and 2018, are summarized by segment below:
 
2019
 
2018
(in millions)
Gross Amount
 
Accumulated Amortization
 
Gross Amount
 
Accumulated Amortization
Intangible assets:
 
 
 
 
 
 
 
  Marine Engine
$
618.6

 
$
(82.4
)
 
$
618.3

 
$
(52.0
)
Boat
252.6

 
(205.3
)
 
223.4

 
(203.9
)
     Total
$
871.2

 
$
(287.7
)
 
$
841.7

 
$
(255.9
)