Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2015

The following summarizes the reassignment of goodwill from the historical segments to the new segments:



(in millions)	Reassigned Goodwill by Segment
North America segment:
Tempur North America segment goodwill as of January 1, 2015	$	106.2
Sealy segment goodwill as of January 1, 2015 reassigned to the North America segment	468.3
Total North America segment goodwill as of January 1, 2015	$	574.5

International segment:
Tempur International segment goodwill as of January 1, 2015	$	108.4
Sealy segment goodwill as of January 1, 2015 reassigned to the International segment	53.6
Total International segment goodwill as of January 1, 2015	$	162.0

The following summarizes changes to the Company’s goodwill, by new reportable segment for the period January 1, 2015 to December 31, 2015:



(in millions)	North America			International			Consolidated
Balance as of January 1, 2015	$	574.5		$	162.0		$	736.5
Foreign currency translation adjustments and other	(11.7		)	(15.4		)	(27.1		)
Balance as of December 31, 2015	$	562.8		$	146.6		$	709.4

The following summarizes changes to the Company’s goodwill, by reportable segment for the period December 31, 2013 to December 31, 2014:



(in millions)	Tempur North America			Tempur International			Sealy			Total
Balance as of December 31, 2013	$	107.7		$	107.3		$	544.6		$	759.6
Disposal of business	—			—			(21.4		)	(21.4		)
Goodwill resulting from acquisitions	—			2.3			—			2.3
Foreign currency translation adjustments	(1.5		)	(1.2		)	(1.3		)	(4.0		)
Balance as of December 31, 2014	$	106.2		$	108.4		$	521.9		$	736.5

The following table summarizes information relating to the Company’s other intangible assets, net:



($ in millions)		December 31, 2015						December 31, 2014
	Useful Lives (Years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Carrying Amount		Accumulated Amortization		Net Carrying Amount
Unamortized indefinite life intangible assets:
Trade names		$	558.1	$	—	$	558.1	$	569.0	$	—	$	569.0
Amortized intangible assets:
Contractual distributor relationships	15	$	84.8	$	15.8	$	69.0	$	88.2	$	10.4	$	77.8
Technology and other	4-10	90.8		39.2		51.6		92.6		32.6		60.0
Patents, other trademarks, and other trade names	5-20	27.2		16.9		10.3		27.3		14.6		12.7
Customer databases, relationships and reacquired rights	2-5	24.5		18.1		6.4		24.1		16.5		7.6
Total		$	785.4	$	90.0	$	695.4	$	801.2	$	74.1	$	727.1

The following table summarizes information relating to the Company’s other intangible assets, net:



($ in millions)		December 31, 2015						December 31, 2014
	Useful Lives (Years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Carrying Amount		Accumulated Amortization		Net Carrying Amount
Unamortized indefinite life intangible assets:
Trade names		$	558.1	$	—	$	558.1	$	569.0	$	—	$	569.0
Amortized intangible assets:
Contractual distributor relationships	15	$	84.8	$	15.8	$	69.0	$	88.2	$	10.4	$	77.8
Technology and other	4-10	90.8		39.2		51.6		92.6		32.6		60.0
Patents, other trademarks, and other trade names	5-20	27.2		16.9		10.3		27.3		14.6		12.7
Customer databases, relationships and reacquired rights	2-5	24.5		18.1		6.4		24.1		16.5		7.6
Total		$	785.4	$	90.0	$	695.4	$	801.2	$	74.1	$	727.1

Estimated annual amortization of intangible assets is expected to be as follows for the years ending December 31: