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4. Intangible Assets, Goodwill and Other
9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure GOODWILL AND OTHER PURCHASED INTANGIBLE ASSETS

Changes to goodwill by segment were as follows (in millions):
 
Life
Science
 
Clinical
Diagnostics
 
Total
Balances as of December 31, 2018:
 
 
 
 
 
Goodwill
$
234.5

 
$
320.5

 
$
555.0

Accumulated impairment losses
(41.8
)
 
(293.4
)
 
(335.2
)
Goodwill, net
192.7

 
27.1

 
219.8

 
 
 
 
 
 
Acquisitions
15.6

 
28.7

 
44.3

 
 
 
 
 
 
Balances as of September 30, 2019:
 
 
 
 
 
Goodwill
250.1

 
349.2

 
599.3

Accumulated impairment losses
(41.8
)
 
(293.4
)
 
(335.2
)
Goodwill, net
$
208.3

 
$
55.8

 
$
264.1


In conjunction with the purchase of all the issued and outstanding membership interest of a small U.S. manufacturer in August 2019 (see Note 2, "Acquisitions"), we recorded $28.7 million of goodwill and $26.8 million of definite-lived intangible assets: $16.1 million of Customer relationships, $8.1 million of Developed product technology, $2.5 million of Tradenames and $0.1 million of Backlog.

In conjunction with the purchase of all the issued and outstanding stock of a small U.S. private company in March 2019 (see Note 2, "Acquisitions"), we recorded $15.6 million of goodwill that included workforce and time-to-market advantage, $5.5 million of Developed product technology, a definite-lived intangible asset, and $0.2 million of In-process research and development, an indefinite-lived intangible asset.

Information regarding our identifiable purchased intangible assets with definite and indefinite lives is as follows (in millions):
 
September 30, 2019
 
Average
Remaining
Life (years)
 
Purchase
Price
 
Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships/lists
1-10
 
$
101.4

 
$
(70.4
)
 
$
31.0

Know how
1-6
 
186.0

 
(158.9
)
 
27.1

Developed product technology
1-13
 
141.5

 
(90.1
)
 
51.4

Licenses
6-10
 
75.7

 
(43.3
)
 
32.4

Tradenames
2-10
 
6.4

 
(3.5
)
 
2.9

Covenants not to compete
6
 
3.2

 
(1.3
)
 
1.9

Other
1
 
0.1

 

 
0.1

     Total definite-lived intangible assets
 
 
514.3

 
(367.5
)
 
146.8

In-process research and development
 
 
0.2

 

 
0.2

     Total purchased intangible assets
 
 
$
514.5

 
$
(367.5
)
 
$
147.0


 
December 31, 2018
 
Average
Remaining
Life (years)
 
Purchase
Price
 
Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships/lists
1-6
 
$
88.7

 
$
(68.3
)
 
$
20.4

Know how
1-7
 
190.6

 
(159.8
)
 
30.8

Developed product technology
1-10
 
130.4

 
(86.6
)
 
43.8

Licenses
7-11
 
76.3

 
(40.9
)
 
35.4

Tradenames
2-6
 
3.9

 
(3.3
)
 
0.6

Covenants not to compete
7
 
3.2

 
(1.1
)
 
2.1

     Total definite-lived intangible assets
 
 
$
493.1

 
$
(360.0
)
 
$
133.1


Amortization expense related to purchased intangible assets is as follows (in millions):

 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
Amortization expense
$
6.0

 
$
7.0

 
$
17.1

 
$
21.8