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Intangible Assets, net (Tables)
3 Months Ended
Mar. 31, 2015
Intangible Assets, net  
Summarizes our intangible assets, net

 

 

 

 

 

 

March 31, 2015

 

December 31, 2014

 

 

 

Weighted Average

 

Gross

 

 

 

Gross

 

 

 

 

 

Amortizable

 

Carrying

 

Accumulated

 

Carrying

 

Accumulated

 

 

 

Life in Years

 

Amount

 

Amortization

 

Amount

 

Amortization

 

 

 

 

 

(in millions)

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

Covenants not to compete

 

4.3

 

$

2.3

 

$

(1.7

)

$

2.3

 

$

(1.7

)

Loan fees

 

3.8

 

41.5

 

(28.2

)

41.5

 

(27.3

)

Customer lists/relationships

 

14.2

 

689.1

 

(260.4

)

694.7

 

(249.3

)

Software – internal use

 

10.0

 

8.1

 

(7.3

)

8.1

 

(7.1

)

Other

 

5.1

 

7.1

 

(4.8

)

7.2

 

(4.5

)

 

 

 

 

748.1

 

(302.4

)

753.8

 

(289.9

)

Intangible assets not subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

 

 

774.5

 

 

777.7

 

 

 

 

 

 

$

1,522.6

 

$

(302.4

)

$

1,531.5

 

$

(289.9

)

 

 

Summary of estimated aggregate amortization expense

The following is a summary of estimated aggregate amortization expense for the remaining nine months of 2015 and each of the succeeding five years:

 

 

 

(in millions)

 

2015

 

$

42.5 

 

2016

 

55.0 

 

2017

 

50.5 

 

2018

 

44.4 

 

2019

 

43.7 

 

2020

 

43.7