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Description of Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Property, Plant and Equipment
The estimated useful lives of property and equipment are as follows:
Classification
Estimated
Useful Lives
Machinery and equipment
5 to 10 years
Building and leasehold improvements
5 to 25 years
Computer and data processing equipment
3 to 5 years
Computer software
3 to 5 years
Furniture and fixtures
5 to 10 years
Property and equipment consists of the following:
 
 
December 31,
(in millions)
 
2017
 
2016
Building and leasehold improvements
 
$
123.0

 
$
120.4

Computer and data processing equipment
 
116.4

 
101.7

Machinery and equipment
 
45.6

 
43.2

Land
 
27.7

 
27.7

Furnitures and fixtures
 
22.7

 
23.8

Construction in progress
 
17.9

 
20.4

Computer software
 
9.6

 
10.8

Property and equipment, gross
 
362.9

 
348.0

Less: accumulated depreciation
 
(201.8
)
 
(184.3
)
Property and equipment, net
 
$
161.1

 
$
163.7

Schedule of Finite-Lived Intangible Assets
The following table shows estimated useful lives of definite-lived intangible assets:
Classification
Estimated
Useful Lives
Customer relationships and contracts
3 to 14 years
Trade name
generally 20 years
Internally developed software
3 to 5 years
Other
1 to 10 years
A summary of intangible assets is as follows:
(in millions)
 
 
 
 
 
 
December 31, 2017
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net Carrying Amount
Customer relationships and contracts
 
$
2,106.8

 
$
(1,490.8
)
 
$
616.0

Trade name
 
422.2

 
(216.3
)
 
205.9

Internally developed software
 
162.6

 
(89.6
)
 
73.0

Other
 
2.9

 
(0.8
)
 
2.1

Total
 
$
2,694.5

 
$
(1,797.5
)
 
$
897.0

 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
Customer relationships and contracts
 
$
2,084.6

 
$
(1,322.7
)
 
$
761.9

Trade name
 
422.1

 
(195.2
)
 
226.9

Internally developed software
 
142.6

 
(77.7
)
 
64.9

Other
 
6.0

 
(4.1
)
 
1.9

Total
 
$
2,655.3

 
$
(1,599.7
)
 
$
1,055.6

Schedule of Accumulated Other Comprehensive Loss
The components of Accumulated other comprehensive loss included in Stockholders’ equity are as follows:
 
 
Years Ended December 31,
(in millions)
 
2017
 
2016
 
2015
Foreign currency translation
 
$
(96.1
)
 
$
(139.6
)
 
$
(61.1
)
Unrealized gain from hedge accounting
 
0.2

 

 

Accumulated other comprehensive loss
 
$
(95.9
)
 
$
(139.6
)
 
$
(61.1
)