Business Combinations (Tables)

6 Months Ended

Jun. 30, 2017

The following table presents details of the Company’s total intangible assets:



As of	Second Quarter of Fiscal 2017							Fiscal Year End 2016
	Gross							Gross
	Carrying		Accumulated			Net Carrying		Carrying		Accumulated			Net Carrying
(In millions)	Amount		Amortization			Amount		Amount		Amortization			Amount
Developed product technology	$	853.5	$	(672.9	)	$	180.6	$	794.8	$	(620.6	)	$	174.2
Trade names and trademarks	54.7		(45.7		)	9.0		50.9		(42.9		)	8.0
Customer relationships	487.4		(321.9		)	165.5		438.7		(294.1		)	144.6
Distribution rights and other intellectual properties	67.2		(58.8		)	8.4		64.3		(57.8		)	6.5
	$	1,462.8	$	(1,099.3	)	$	363.5	$	1,348.7	$	(1,015.4	)	$	333.3

The estimated future amortization expense of purchased intangible assets as of the end of the second quarter of fiscal 2017 was as follows:

The changes in the carrying amount of goodwill by segment for the first two quarters of fiscal 2017 were as follows:



	Buildings and Infrastructure			Geospatial			Resources and Utilities		Transportation		Total
(In millions)
Balance as of fiscal year end 2016	$	663.7		$	405.1		$	217.7	$	791.1	$	2,077.6
Additions due to acquisitions				—			31.9		33.5		65.4
Purchase price adjustments- prior years' acquisitions	(0.1		)	—			—		—		(0.1		)
Foreign currency translation adjustments	27.2			10.8			5.1		4.6		47.7
Divestiture (1)	—			(6.9		)	—		—		(6.9		)
Balance as of the end of the second quarter of fiscal 2017	$	690.8		$	409.0		$	254.7	$	829.2	$	2,183.7

The following table summarizes the Company’s business combinations completed during the first two quarters of fiscal 2017:



	First Two Quarters of
	2017
(In millions)
Fair value of total purchase consideration	$	158.0
Less fair value of net assets acquired:
Net tangible assets acquired	7.0
Identifiable intangible assets	91.5
Deferred income taxes	(5.9		)
Goodwill	$	65.4