11. Intangibles and Other Assets

	December 31,
($ in millions)	2015		2014

Investments in affiliates	$	34.3	$	33.2
Intangible assets (net of accumulated amortization of $132.9 million and $115.2 million at December 31, 2015 and 2014, respectively)	118.4		137.1
Capitalized software (net of accumulated amortization of $115.6 million and $103.8 million at December 31, 2015 and 2014, respectively)	76.6		62.6
Company and trust-owned life insurance	137.0		168.1
Deferred financing costs	79.7		36.3
Long-term deferred tax assets	59.6		66.5
Other	70.6		68.5

	$	576.2	$	572.3

Total amortization expense of intangible assets amounted to $38.2 million, $41.4 million, and $38.6 million for the years ended December 31, 2015, 2014 and 2013, respectively. Based on intangible asset values and currency exchange rates as of December 31, 2015, total annual intangible asset amortization expense is expected to be $40.0 million, $36.3 million, $32.0 million, $24.6 million and $21.3 million for the years 2016 through 2020, respectively, and $40.1 million combined for all years thereafter.

In the fourth quarter 2014, the company recorded a provision against the balance of a long-term receivable of $16.5 million as a result of the financial difficulties of a metal food and household products packaging segment customer (see Note 5).