XML 51 R34.htm IDEA: XBRL DOCUMENT v3.6.0.2
Goodwill and Other Intangibles (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Carrying Amount of Goodwill and Other Non-Amortizable Intangibles
The changes during fiscal years 2016 and 2015 in the carrying amount of goodwill and indefinite-lived intangibles, which comprises trademarks and trade names, is as follows:
(In millions)
Goodwill
 
Indefinite-lived intangibles
 
Total
Balance at January 3, 2015
$
438.8

 
$
690.5

 
$
1,129.3

Impairment

 
(5.1
)
 
(5.1
)
Foreign currency translation effects
(9.7
)
 

 
(9.7
)
Balance at January 2, 2016
$
429.1

 
$
685.4

 
$
1,114.5

Purchase of intangibles

 
0.2

 
0.2

Sale of a business
(2.3
)
 

 
(2.3
)
Impairment

 
(7.1
)
 
(7.1
)
Foreign currency translation effects
(2.5
)
 

 
(2.5
)
Balance at December 31, 2016
$
424.3

 
$
678.5

 
$
1,102.8

Schedule of amortizable intangible assets [Table Text Block]
The combined gross carrying value and accumulated amortization for these amortizable intangibles is as follows:
  
December 31, 2016
(In millions)
Average remaining life (years)
 
Gross carrying
value
 
Accumulated
amortization
 
Net
Customer relationships
16
 
$
100.5

 
$
21.6

 
$
78.9

Licensing arrangements
1
 
28.8

 
27.6

 
1.2

Developed product technology
1
 
14.9

 
12.7

 
2.2

Other
3
 
11.4

 
9.9

 
1.5

Total
 
 
$
155.6

 
$
71.8

 
$
83.8

  
January 2, 2016
(In millions)
Average remaining life (years)
 
Gross carrying
value
 
Accumulated
amortization
 
Net
Customer relationships
17
 
$
100.5

 
$
16.7

 
$
83.8

Licensing arrangements
1
 
28.8

 
22.0

 
6.8

Developed product technology
2
 
14.9

 
9.8

 
5.1

Other
3
 
11.2

 
9.6

 
1.6

Total
 
 
$
155.4

 
$
58.1

 
$
97.3

Estimated Aggregate Future Amortization Expense for Intangibles Assets
Estimated aggregate amortization expense for such intangibles for the fiscal years subsequent to December 31, 2016 is as follows:
(In millions)
2017
 
2018
 
2019
 
2020
 
2021
Amortization expense
$
9.0

 
$
5.5

 
$
5.3

 
$
5.2

 
$
5.0