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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
The following tables present certain information regarding our intangible assets as of December 31, 2015 and 2014. Amortizable intangible assets are being amortized on a straight-line basis over their estimated useful lives with no estimated residual values, which materially approximates the expected pattern of use.
Intangible Assets

Gross Carrying
Amount

Accumulated
Amortization

Impairment Charges
 
Net Balance
 
Weighted Average Life
Balance as of December 31, 2015

 

 

 
 
 
 
 
Amortizable intangible assets:

 

 

 
 
 
 
 
Patents

$
26.8


$
12.5


$

 
$
14.3

 
11.9

Customer relationships

877.7


109.1



 
768.6

 
13.7

Licenses

326.1


91.6



 
234.5

 
4.8

Intellectual property (1)

731.1


124.5



 
606.6

 
6.1

Trade names
 
226.1

 
1.9

 
128.6

 
95.6

 
14.7

Brand names
 
124.0

 
18.9

 

 
105.1

 
7.9

Non-compete agreements

0.3


0.3



 

 



2,312.1


358.8


128.6

 
1,824.7

 
8.1

Non-amortizable intangible assets:

 

 

 
 
 
 
 
Trade names

97.4


2.1



 
95.3

 
indefinite

Total intangible assets

$
2,409.5


$
360.9


$
128.6

 
$
1,920.0

 

Balance as of December 31, 2014

 

 

 
 
 
 
 
Amortizable intangible assets:

 

 

 
 
 
 
 
Patents

$
17.9


$
8.4


$

 
$
9.5

 
8.7

Customer relationships

883.2


46.7



 
836.5

 
13.5

Licenses

332.8


88.5



 
244.3

 
5.0

Intellectual property (1)

736.3


19.5



 
716.8

 
8.6

Brand names
 
128.2

 
5.3

 

 
122.9

 
9.2

Non-compete agreements
 
0.3

 
0.2

 

 
0.1

 

Lottery contracts

1.5


1.5



 

 



2,100.2


170.1



 
1,930.1

 
9.3

Non-amortizable intangible assets:

 

 

 
 
 
 
 
Trade names

329.6


2.1


6.0

 
321.5

 
indefinite

Total intangible assets

$
2,429.8


$
172.2


$
6.0

 
$
2,251.6

 

                                                        
    
(1) Includes $33 million of in-process R&D assets that will not be subject to amortization until they reach commercial feasibility.
Schedule of Goodwill Reconciliation
The table below reconciles the change in the carrying amount of goodwill, by business segment, for the period from December 31, 2013 to December 31, 2015.
Goodwill
 
Gaming
 
Lottery
 
Interactive
 
Totals
Balance as of December 31, 2013
 
$
612.7

 
$
513.9

 
$
56.5

 
$
1,183.1

Acquisitions
 
2,902.8

 

 
53.3

 
2,956.1

Foreign currency adjustments
 
(15.8
)
 
(15.1
)
 

 
(30.9
)
Balance as of December 31, 2014
 
3,499.7

 
498.8

 
109.8

 
4,108.3

Foreign currency adjustments
 
(78.7
)
 
(13.3
)
 

 
(92.0
)
Impairment charges
 
(935.0
)
 
(67.6
)
 

 
(1,002.6
)
Balance as of December 31, 2015
 
$
2,486.0

 
$
417.9

 
$
109.8

 
$
3,013.7