XML 60 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill
The changes in the carrying amount of goodwill (net of accumulated amortization) for the years ended December 31, 2017 and 2016 are as follows:
 
LCD
 
CDD
 
Total
 
December 31, 2017
 
December 31, 2016
 
December 31, 2017
 
December 31, 2016
 
December 31, 2017
 
December 31, 2016
Balance as of January 1
$
3,644.8

 
$
3,137.7

 
$
2,779.6

 
$
3,064.4

 
$
6,424.4

 
$
6,202.1

Goodwill acquired during the year
198.5

 
398.3

 
811.3

 

 
1,009.8

 
398.3

Foreign currency impact and other adjustments to goodwill
1.1

 
108.8

 
94.7

 
(284.8
)
 
95.8

 
(176.0
)
Balance at end of year
$
3,844.4

 
$
3,644.8

 
$
3,685.6

 
$
2,779.6

 
$
7,530.0

 
$
6,424.4

Components of identifiable intangible assets
The components of identifiable intangible assets are as follows:
 
December 31, 2017
 
December 31, 2016
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships
$
4,297.9

 
$
(1,014.9
)
 
$
3,283.0

 
$
3,275.3

 
$
(855.2
)
 
$
2,420.1

Patents, licenses and technology
457.9

 
(188.6
)
 
269.3

 
395.3

 
(163.3
)
 
232.0

Non-compete agreements
79.0

 
(49.4
)
 
29.6

 
53.0

 
(42.1
)
 
10.9

Trade names
426.3

 
(171.4
)
 
254.9

 
406.3

 
(141.6
)
 
264.7

Land use rights
10.9

 
(2.6
)
 
8.3

 
10.0

 
(1.4
)
 
8.6

Canadian licenses
495.7

 

 
495.7

 
464.2

 

 
464.2

 
$
5,767.7

 
$
(1,426.9
)
 
$
4,340.8

 
$
4,604.1

 
$
(1,203.6
)
 
$
3,400.5

Acquired amortizable intangible assets and their respective weighted average amortization periods
A summary of amortizable intangible assets acquired during 2017, and their respective weighted average amortization periods are as follows:
 
Amount
 
Weighted Average
Amortization Period
Customer relationships
$
955.7

 
20.7
Patents, licenses and technology
52.9

 
6.7
Non-compete agreements
27.8

 
6.6
Trade names
15.7

 
5.7
Favorable leases
0.9

 
3.0
 
$
1,053.0

 
19.3