Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.20.2
Intangible Assets and Goodwill (Tables)
9 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill The following table summarizes the impairment charges recorded by the Company during the nine months ended June 30, 2020:
Impairment Charges
Process Equipment Group Milacron Total
Goodwill $ 72.3    $ —    $ 72.3   
Trade names 0.7    7.9    8.6   
Technology, including patents —    1.6    1.6   
Total $ 73.0    $ 9.5    $ 82.5   
Schedule of Intangible Assets
  June 30, 2020 September 30, 2019
  Cost Accumulated
Amortization
Cost Accumulated
Amortization
Finite-lived assets:        
Trade names $ 0.2    $ (0.2)   $ 0.2    $ (0.2)  
Customer relationships 948.3    (206.0)   464.2    (169.2)  
Technology, including patents 157.0    (59.1)   76.8    (49.4)  
Software 70.8    (56.2)   58.7    (51.7)  
Backlog 10.0    (10.0)   —    —   
Other 0.1    (0.1)   0.2    (0.2)  
  1,186.4    (331.6)   600.1    (270.7)  
Indefinite-lived assets:        
Trade names 238.8    —    125.5    —   
Total $ 1,425.2    $ (331.6)   $ 725.6    $ (270.7)  
Schedule of Goodwill
  Process
Equipment
Group
Milacron Batesville Total
Balance as of September 30, 2019 $ 569.7    $ —    $ 8.3    $ 578.0   
Acquisitions (1)
1.7    707.6    —    709.3   
Divestiture (2)
—    (77.9)   —    (77.9)  
Impairment charges (72.3)   —    —    (72.3)  
Foreign currency adjustments 11.2    (5.2)   —    6.0   
Balance as of June 30, 2020 (3)
$ 510.3    $ 624.5    $ 8.3    $ 1,143.1