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Intangible Assets and Goodwill
 12 Months Ended
Sep. 30, 2015
Intangible Assets And Goodwill [Abstract]  
Intangible Assets and Goodwill

16 INTANGIBLE ASSETS AND GOODWILL

COMPONENTS AND DEVELOPMENT

The components and development of intangible assets and goodwill for the periods under report are as follows:

Intangible Assets (Details)September 30,
20152014
Accum.Accum.
(In millions)Grossamort.NetGrossamort.Net
Patents & Licenses$126.5$(102.1)$24.4$141.9$(103.9)$38.0
Trademarks117.7(1.1)116.6123.7(0.9)122.8
Technologies and dealer relationships442.9(392.5)50.4470.0(406.5)63.5
In-process research & development (IPR&D)25.4-25.428.5-28.5
Identifiable intangible assets712.5(495.7)216.8764.1(511.3)252.8
Goodwill585.9-585.9629.3-629.3
Total intangible assets$1,298.4$(495.7)$802.7$1,393.4$(511.3)$882.1

Additional Information (finite-lived identifiable intangible assets)Year ended
September 30,
(In millions)201520142013
Amortization expense$26.9$36.1$40.6
Annual Estimated Amortization Expense (5-Year Future)
Year ending September 30,
2016$21.1
201712.7
20189.3
20195.0
20205.0

RECONCILIATIONS

The following table provides information reconciling the changes in the value of intangible assets for the current fiscal year:

Intangible Assets (Reconciliations of Changes in Value and Additional Information)September 30,
20152014
(In millions, except where noted)GoodwillIPR&DAll other assetsTotalGoodwillIPR&DAll other assetsTotal
Beginning balance, net$629.3$28.5$224.3$882.1$672.1$30.6$271.1$973.8
Amortization--(26.9)(26.9)--(36.1)(36.1)
Purchases (disposals) in the normal course of operations--(0.2)(0.2)(5.5)-0.5(5.0)
Effect of business combinations (1)12.9-10.623.5----
Foreign currency fluctuations(55.5)(3.1)(18.8)(77.4)(36.8)(2.1)(10.8)(49.7)
Reclassifications within intangible assets(0.8)-2.41.6(0.5)-(0.4)(0.9)
Other------
Ending balance, net$585.9$25.4$191.4$802.7$629.3$28.5$224.3$882.1
(1) The effect of business combinations for the year ended September 30, 2015 resulted from the acquisition of a dental company in the third quarter.
The total carrying value of IPR&D as of September 30, 2015, represented a single project:
Estimated completion of development phase (in %)…55%
Estimated remaining cost to complete…$11.0
Estimated percentage of completion for the full project (in %)…40%
Estimated timing of project completion…2018
The remaining steps prior to product release…further development, prototype finalization and testing, integration and field testing, and regulatory approvals.

ADDITIONAL INFORMATION

On June 30, 2005, Sirona Holdings Luxco S.C.A. (‘‘Luxco’’), a Luxembourg-based holding entity owned by funds managed by Madison Dearborn Partners, Beecken Petty O’Keefe, management and employees of Sirona, obtained control over the Sirona business. The transaction was effected by using new legal entities, Sirona Holding GmbH and its wholly owned subsidiary Sirona Dental Services GmbH, to acquire 100% of the interest in Sirona Dental Systems Beteiligungs- und Verwaltungs GmbH, the former parent of the Sirona business through a leveraged buy-out transaction (the ‘‘MDP Transaction’’). The MDP Transaction was accounted for as a leveraged buyout transaction, in a manner similar to a business combination. Certain members of Sirona management who were deemed to be in the control group held equity interests in Sirona Group prior to and subsequent to the MDP Transaction (‘‘Continuing Shareholders’’). The interests of the Continuing Shareholders have been reflected at the predecessor basis, resulting in 9.15% of each asset and liability acquired being valued at historical cost at June 30, 2005. The remaining 90.85% interest in each asset and liability was recognized at fair value at June 30, 2005, and the excess of purchase price over predecessor basis is included in additional paid-in capital in shareholders’ equity. Intangible assets and goodwill were primarily recorded in the MDP Transaction and the reverse acquisition of Schick on June 30, 2006.