Definite Lived Long-Lived Assets

3 Months Ended

Sep. 30, 2017

Intangible Assets Disclosure [Abstract]

Definite Lived Long-Lived Assets

DEFINITE LIVED LONG-LIVED ASSETS

The Company’s definite-lived long-lived assets include property, plant and equipment as well as other intangible assets with definite lives. Refer to Note 15 Supplemental Balance Sheet Information for details related to property, plant, and equipment.

The details of other intangible assets subject to amortization as of September 30, 2017 and June 30, 2017, are as follows:

(Dollars in millions)	Weighted Average Life	Gross Carrying Value		Accumulated Amortization			Net Carrying Value
September 30, 2017
Amortized intangibles:
Core technology	18 years	$	173.9	$	(79.2	)	$	94.7
Customer relationships	14 years	260.1		(112.6		)	147.5
Product relationships	12 years	212.1		(185.1		)	27.0
Total intangible assets		$	646.1	$	(376.9	)	$	269.2

(Dollars in millions)	Weighted Average Life	Gross Carrying Value		Accumulated Amortization			Net Carrying Value
June 30, 2017
Amortized intangibles:
Core technology	18 years	$	170.3	$	(74.8	)	$	95.5
Customer relationships	14 years	253.0		(106.1		)	146.9
Product relationships	12 years	206.9		(176.2		)	30.7
Total intangible assets		$	630.2	$	(357.1	)	$	273.1

Amortization expense was $11.4 million for the three months ended September 30, 2017, and $11.0 million for the three months ended September 30, 2016. Future amortization expense for the next five fiscal years is estimated to be:

(Dollars in millions)	Remainder   Fiscal 2018		2019		2020		2021		2022		2023
Amortization expense	$	34.5	$	40.3	$	26.2	$	26.2	$	26.2	$	26.2