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Intangible Assets, net (Tables)
3 Months Ended
Mar. 31, 2017
Intangible Assets, net  
Summary of intangible assets, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2017

 

December 31, 2016

 

Weighted Average

 

Gross

 

 

 

 

Gross

 

 

 

 

Amortizable

 

Carrying

 

Accumulated

 

Carrying

 

Accumulated

 

Life in Years

    

Amount

  

Amortization

  

Amount

  

Amortization

 

 

 

(in millions)

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

Covenants not to compete

4.8

 

$

1.1

 

$

(0.7)

 

$

1.1

 

$

(0.6)

Customer lists/relationships

14.6

 

 

737.3

 

 

(352.3)

 

 

736.7

 

 

(338.9)

Software

10.0

 

 

8.1

 

 

(8.1)

 

 

8.1

 

 

(8.1)

Other

5.2

 

 

6.3

 

 

(5.6)

 

 

6.3

 

 

(5.5)

 

 

 

 

752.8

 

 

(366.7)

 

 

752.2

 

 

(353.1)

Intangible assets not subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

 

 

752.4

 

 

 

 

752.2

 

 

 

 

 

$

1,505.2

 

$

(366.7)

 

$

1,504.4

 

$

(353.1)

 

Summary of estimated aggregate amortization expense

The following is a summary of estimated aggregate amortization expense for the remaining nine months of 2017 and each of the succeeding five years:

 

 

 

 

 

 

(in millions)

2017 (remaining nine months)

$

37.0

2018

 

46.0

2019

 

45.9

2020

 

45.9

2021

 

42.0

2022

 

33.9