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Goodwill, Long-Lived and Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balances by Operating Segment
The following table shows our goodwill balances by operating segment that are aggregated into one reportable segment:
(in millions)
 
North America
 
Europe
 
Total
Gross carrying value at December 31, 2019
 
$
343.0

 
$
105.8

 
$
448.8

Currency translation
 

 
(2.1
)
 
(2.1
)
Gross carrying value at March 31, 2020
 
$
343.0

 
$
103.7

 
$
446.7


Schedule of Finite-Lived Intangible Assets
The following tables summarize our identifiable intangible assets, net with definite and indefinite useful lives: 

 
 
March 31, 2020
 
December 31, 2019
(in millions)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Customer/distributor relationships
 
$
197.2

 
$
(11.1
)
 
$
186.1

 
$
199.5

 
$
(7.9
)
 
$
191.6

Patented/unpatented technology
 
164.7

 
(12.2
)
 
152.5

 
164.5

 
(8.5
)
 
156.0

In-process research and development
 
5.0

 

 
5.0

 
5.0

 

 
5.0

Total intangible assets with definite lives
 
366.9

 
(23.3
)
 
343.6

 
369.0

 
(16.4
)
 
352.6

Trademarks/tradenames with indefinite lives
 
106.0

 

 
106.0

 
106.0

 

 
106.0

Total identifiable intangible assets, net
 
$
472.9

 
$
(23.3
)
 
$
449.6

 
$
475.1

 
$
(16.4
)
 
$
458.6


The following table shows the remaining weighted-average useful life of our definite lived intangible assets as of March 31, 2020:

 
Remaining Weighted-Average Useful Life
Customer/distributor relationships
 
14 years
Patented/unpatented technology
 
10 years
Total identifiable assets, net with definite lives
 
12 years

Schedule of Indefinite-Lived Intangible Assets
The following tables summarize our identifiable intangible assets, net with definite and indefinite useful lives: 

 
 
March 31, 2020
 
December 31, 2019
(in millions)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Customer/distributor relationships
 
$
197.2

 
$
(11.1
)
 
$
186.1

 
$
199.5

 
$
(7.9
)
 
$
191.6

Patented/unpatented technology
 
164.7

 
(12.2
)
 
152.5

 
164.5

 
(8.5
)
 
156.0

In-process research and development
 
5.0

 

 
5.0

 
5.0

 

 
5.0

Total intangible assets with definite lives
 
366.9

 
(23.3
)
 
343.6

 
369.0

 
(16.4
)
 
352.6

Trademarks/tradenames with indefinite lives
 
106.0

 

 
106.0

 
106.0

 

 
106.0

Total identifiable intangible assets, net
 
$
472.9

 
$
(23.3
)
 
$
449.6

 
$
475.1

 
$
(16.4
)
 
$
458.6


Finite-lived Intangible Assets Amortization Expense
The following table shows the remaining estimated amortization expense for our definite-lived intangible assets at March 31, 2020:

 
(in millions)
Year
 
Amount
2021
 
$
27.9

2022
 
27.9

2023
 
27.9

2024
 
27.9

2025
 
27.9

Thereafter
 
199.1

 
 
$
338.6