XML 64 R40.htm IDEA: XBRL DOCUMENT v3.3.1.900
Goodwill and Identifiable Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill [Line Items]  
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class
The following table summarizes the gross carrying amounts and accumulated amortization of identifiable intangible assets by major class:
December 31, 2015
Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Weighted average
amortization periods (years)
Technology
$
413.0

$
(117.2
)
$
295.8

10.0
Trademarks - indefinite-lived
284.4


284.4

Indefinite
Trademarks - definite-lived
45.2

(8.5
)
36.7

14.7
Customer relationships
676.1

(102.1
)
574.0

19.3
Non-compete agreements
1.9

(1.2
)
0.7

4.6
Total
$
1,420.6

$
(229.0
)
$
1,191.6

 
December 31, 2014
Gross Carrying
Amount
Accumulated
Amortization
Net Book
Value
Weighted average
amortization periods (years)
Technology
$
411.8

$
(76.3
)
$
335.5

10.0
Trademarks—indefinite-lived
284.4


284.4

 Indefinite
Trademarks—definite-lived
41.8

(5.5
)
36.3

14.8
Customer relationships
713.9

(71.3
)
642.6

19.4
Non-compete agreements
2.0

(0.8
)
1.2

4.6
Total
$
1,453.9

$
(153.9
)
$
1,300.0

 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The estimated amortization expense related to the identifiable intangible assets for each of the succeeding five years is:
2016
$
80.2

2017
$
79.9

2018
$
79.8

2019
$
79.8

2020
$
79.8

In Process Research and Development [Member]  
Goodwill [Line Items]  
Schedule of Indefinite-Lived Intangible Assets
Activity related to in process research and development projects for the years ended December 31, 2014 and 2015:
In Process Research and Development
Activity
Balance at December 31, 2013
$
15.7

Completed
(10.4
)
Abandoned
(0.1
)
Balance at December 31, 2014
$
5.2

Completed
(3.5
)
Abandoned
(0.1
)
Balance at December 31, 2015
$
1.6

Successor [Member]  
Goodwill [Line Items]  
Schedule of Goodwill
The following table shows changes in the carrying amount of goodwill for the Successor years ended December 31, 2015 and 2014 by reportable segment:
 
Performance
Coatings
Transportation
Coatings
Total
At December 31, 2013
$
1,038.8

$
74.8

$
1,113.6

Acquisition-related adjustments
5.7

0.4

6.1

Divestitures
(4.7
)

(4.7
)
Foreign currency translation
(106.2
)
(7.7
)
(113.9
)
At December 31, 2014
$
933.6

$
67.5

$
1,001.1

Acquisition-related adjustments
17.2

0.7

17.9

Foreign currency translation
(84.7
)
(6.1
)
(90.8
)
December 31, 2015
$
866.1

$
62.1

$
928.2