XML 53 R38.htm IDEA: XBRL DOCUMENT v3.6.0.2
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill by segment were as follows:
 (amounts in millions)
 
Performance Solutions
 
Agricultural Solutions
 
Total
Balance, December 31, 2014
 
$
961.2

 
$
444.1

 
$
1,405.3

Addition from acquisitions
 
1,258.3

 
1,697.1

 
2,955.4

Purchase accounting adjustments
 

 
80.2

 
80.2

Foreign currency translation
 
(72.3
)
 
(346.7
)
 
(419.0
)
Balance, December 31, 2015
 
2,147.2

 
1,874.7

 
4,021.9

Addition from acquisitions
 
66.9

 

 
66.9

Purchase accounting adjustments
 
29.7

 

 
29.7

Impairment write-off
 
(46.6
)
 

 
(46.6
)
Foreign currency translation
 
(64.8
)
 
156.7

 
91.9

Other
 

 
15.1

 
15.1

Balance, December 31, 2016 (*)
 
$
2,132.4

 
$
2,046.5

 
$
4,178.9


(*) Includes accumulated impairment losses totaling $46.6 million associated with the Company's Performance Solutions segment.
Schedule of Finite-Lived Intangible Assets
Intangible assets subject to amortization were as follows:
 
 
 
 
December 31, 2016
 
December 31, 2015
 (amounts in millions)
 
Weighted average useful life (years)
 
Gross Carrying Amount
 
Accumulated Amortization and Foreign Exchange
 
Net Book Value
 
Gross Carrying Amount
 
Accumulated Amortization and Foreign Exchange
 
Net Book Value
Customer lists
 
18.0
 
$
1,245.9

 
$
(174.5
)
 
$
1,071.4

 
$
1,297.2

 
$
(184.0
)
 
$
1,113.2

Developed technology (1)
 
11.6
 
2,022.1

 
(254.9
)
 
1,767.2

 
2,260.9

 
(440.4
)
 
1,820.5

Tradenames
 
7.7
 
25.1

 
(8.2
)
 
16.9

 
24.2

 
(5.4
)
 
18.8

Non-compete agreement
 
5.0
 
1.9

 
(1.1
)
 
0.8

 
1.9

 
(0.5
)
 
1.4

Total
 
14.0
 
$
3,295.0

 
$
(438.7
)
 
$
2,856.3

 
$
3,584.2

 
$
(630.3
)
 
$
2,953.9

 
(1) Includes in-process registration rights awaiting completion before amortization commences.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated future amortization of intangible assets for each of the next five fiscal years is as follows:
 (amounts in millions)
 
Amortization Expense
2017
 
$
266.7

2018
 
266.5

2019
 
266.4

2020
 
261.7

2021
 
253.5