XML 66 R50.htm IDEA: XBRL DOCUMENT v3.5.0.2
Goodwill and Intangibles, net Goodwill and Intangibles, net (Tables)
12 Months Ended
Sep. 30, 2016
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 are as follows:
 
 
 
Intangible Assets
 
Goodwill
 
Indefinite Lived
 
Definite Lived
 
Total
Balance at September 30, 2014
$
1,524.8

 
$
1,215.9

 
$
917.2

 
$
2,133.1

Acquisitions (Note 3)
1,054.7

 
341.5

 
184.9

 
526.4

Impairments (Note 2)
(28.3
)
 
(31.9
)
 

 
(31.9
)
Deconsolidation in connection to bankruptcy of a subsidiary
(16.2
)
 
(9.9
)
 

 
(9.9
)
Periodic amortization

 

 
(87.8
)
 
(87.8
)
Effect of translation
(47.6
)
 
(25.3
)
 
(24.3
)
 
(49.6
)
Balance at September 30, 2015
2,487.4

 
1,490.3

 
990.0

 
2,480.3

Adjustments
3.3

 
1.0

 
3.2

 
4.2

Impairments (Note 2)
(10.7
)
 
(4.7
)
 

 
(4.7
)
Periodic amortization

 

 
(93.9
)
 
(93.9
)
Effect of translation
(1.6
)
 
(13.1
)
 
(0.3
)
 
(13.4
)
Balance at September 30, 2016
$
2,478.4

 
$
1,473.5

 
$
899.0

 
$
2,372.5

Schedule of Finite-Lived Intangible Assets [Table Text Block]
The range and weighted average useful lives for definite-lived intangibles assets are as follows:
Asset Type
 
Range
 
Weighted Average
Customer relationships
 
2 to 20 years
 
18.5 years
Technology assets
 
5 to 18 years
 
11.2 years
Tradenames
 
5 to 13 years
 
11.4 years
 
September 30, 2016
 
September 30, 2015
 
Cost
 
Accumulated Amortization
 
Net
 
Cost
 
Accumulated Amortization
 
Net
Customer relationships
$
984.8

 
$
(302.9
)
 
$
681.9

 
$
985.2

 
$
(247.4
)
 
$
737.8

Technology assets
237.2

 
(96.7
)
 
140.5

 
238.6

 
(78.1
)
 
160.5

Trade names
165.7

 
(89.1
)
 
76.6

 
165.4

 
(73.7
)
 
91.7

 
$
1,387.7

 
$
(488.7
)
 
$
899.0

 
$
1,389.2

 
$
(399.2
)
 
$
990.0

Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods
Fiscal Year
 
Estimated Amortization Expense
2017
 
$
91.9

2018
 
85.7

2019
 
85.4

2020
 
85.2

2021
 
81.9