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Goodwill and Intangibles (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangibles  
Summary of change in goodwill

 

 

 

 

(in millions)

    

Amount

December 31, 2014

 

$

484.5

Disposition of subsidiary

 

 

(0.4)

December 31, 2015

 

 

484.1

Acquisitions

 

 

94.0

December 31, 2016

 

$

578.1

 

Summary of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2016

 

As of December 31, 2015

 

 

Useful Life

 

Gross Carrying

 

Accumulated

 

Net Carrying

 

Gross Carrying

 

Accumulated

 

Net Carrying

(in millions)

 

(in years)

 

Amount

 

Amortization

 

Amount

 

Amount

 

Amortization

 

Amount

Customer relationships

 

10

-

12

 

 

62.5

 

 

(8.7)

 

 

53.8

 

 

27.0

 

 

(5.8)

 

 

21.2

Technology

 

3

-

5

 

$

50.7

 

$

(22.2)

 

$

28.5

 

$

27.2

 

$

(16.2)

 

$

11.0

Trademarks

 

 

3

 

 

 

9.7

 

 

(5.7)

 

 

4.0

 

 

5.6

 

 

(5.2)

 

 

0.4

FCC licenses and other

 

2

-

20

 

 

3.1

 

 

(2.4)

 

 

0.7

 

 

2.7

 

 

(2.4)

 

 

0.3

Total

 

 

 

 

 

$

126.0

 

$

(39.0)

 

$

87.0

 

$

62.5

 

$

(29.6)

 

$

32.9

 

Schedule of estimated future annual amortization expense for acquired intangible assets

 

 

 

 

 

    

    

 

(in millions)

 

Amount

2017

 

$

17.1

2018

 

 

12.2

2019

 

 

11.4

2020

 

 

9.9

2021

 

 

9.4

Thereafter

 

 

27.0

Total

 

$

87.0