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Goodwill and Intangibles, including DAC and VOBA, net Goodwill and Intangibles, including DAC and VOBA, net (Tables)
 12 Months Ended
Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances
he changes in the carrying amounts of goodwill and intangible assets, including DAC and VOBA balances, were as follows:
 
 
 
Intangible Assets
 
Goodwill
 
Indefinite Lived
 
Definite Lived
 
VOBA
 
DAC
 
Total
Balance at September 30, 2012
$
694.2

 
$
841.1

 
$
873.9

 
$
104.3

 
$
169.2

 
$
1,988.5

Acquisitions (Note 4)
786.6

 
331.0

 
188.3

 
—

 
—

 
519.3

Deferrals
—

 
—

 
—

 
—

 
147.4

 
147.4

Less: Components of amortization -
 
 
 
 
 
 
 
 
 
 
 
Periodic amortization
—

 
—

 
(77.8
)
 
(194.6
)
 
(62.1
)
 
(334.5
)
Interest
—

 
—

 
—

 
21.8

 
9.5

 
31.3

Unlocking
—

 
—

 
—

 
35.8

 
7.3

 
43.1

Adjustment for unrealized investment losses, net
—

 
—

 
—

 
258.0

 
69.3

 
327.3

Effect of translation
(4.1
)
 
6.0

 
0.7

 
—

 
—

 
6.7

Balance at September 30, 2013
1,476.7

 
1,178.1

 
985.1

 
225.3

 
340.6

 
2,729.1

Acquisitions (Note 4)
65.8

 
46.7

 
23.5

 
—

 
—

 
70.2

Deferrals
—

 
—

 
—

 
—

 
239.0

 
239.0

Less: Components of amortization -
 
 
 
 
 
 
 
 
 
 
 
Periodic amortization
—

 
—

 
(81.7
)
 
(92.4
)
 
(58.0
)
 
(232.1
)
Interest
—

 
—

 
—

 
15.0

 
13.6

 
28.6

Unlocking
—

 
—

 
—

 
21.6

 
2.7

 
24.3

Adjustment for unrealized investment (gains), net
—

 
—

 
—

 
(82.7
)
 
(74.1
)
 
(156.8
)
Effect of translation
(17.7
)
 
(8.9
)
 
(9.7
)
 
—

 
—

 
(18.6
)
Balance at September 30, 2014
$
1,524.8

 
$
1,215.9

 
$
917.2

 
$
86.8

 
$
463.8

 
$
2,683.7
Summary of Definite Lived Intangible Assets
Definite lived intangible assets are summarized as follows:
 
September 30, 2014
 
September 30, 2013
 
 
 
Cost
 
Accumulated Amortization
 
Net
 
Cost
 
Accumulated Amortization
 
Net
 
Amortizable Life
Customer relationships
$
877.1

 
$
(204.6
)
 
$
672.5

 
$
885.9

 
$
(160.8
)
 
$
725.1

 
15 to 20 years
Trade names
171.1

 
(61.0
)
 
110.1

 
171.6

 
(44.7
)
 
126.9

 
1 to 12 years
Technology assets
192.2

 
(57.6
)
 
134.6

 
172.1

 
(39.0
)
 
133.1

 
4 to 17 years
 
$
1,240.4

 
$
(323.2
)
 
$
917.2

 
$
1,229.6

 
$
(244.5
)
 
$
985.1

 
 
Summary of Amortization Expense of Definite Lived Intangible Assets
Amortization expense for definite lived intangible assets is as follows:
 
Year ended September 30,
 
2014
 
2013
 
2012
Customer relationships
$
46.7

 
$
44.9

 
$
40.2

Trade names
16.4

 
16.6

 
14.4

Technology assets
18.6

 
16.3

 
9.1

 
$
81.7

 
$
77.8

 
$
63.7
Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods
Estimated amortization expense for VOBA in future fiscal periods is as follows:


Estimated Amortization Expense
Fiscal Year

VOBA
2015

$
42.8

2016

38.4

2017

31.2

2018

25.0

2019
 
25.5

2020 and thereafter

88.1