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Summary of Significant Accounting Policies (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Estimated useful life of Property, Plant, and Equipment  

Property, Plant, and Equipment

Our property, plant, and equipment assets are stated at cost less depreciation. Depreciation is calculated on a straight-line basis over the shorter of the remaining lease term or estimated useful life of the related assets, which are generally as follows:

 

Buildings

   40 years

Building improvements

   5-14 years

Machinery and equipment

   3-8 years

Computer equipment

   3-6 years
Definite lived Intangible Assets Amortization Expense  

Definite-lived assets are amortized on a straight-line basis generally over the following periods:

 

Customer lists and relationships

   5-15 years

Technology

   2-7 years
Accounting Standards Update 2014-09 [Member]    
Impact of Adoption of ASC 606 on Revenue

The following table presents the anticipated impacts that the adoption of ASC 606 would have for the periods presented:

 

     Nine Months Ended September 30, 2018  
     As Reported      Under ASC 606      Impact  

Revenue:

        

Recurring services

   $ 480.8      $ 460.4      $ (20.4

Professional services and other

     65.3        85.5        20.2  
  

 

 

    

 

 

    

 

 

 

Total revenue

   $ 546.1      $ 545.9      $ (0.2

Operating profit

   $ 31.3      $ 36.9      $ 5.6  

 

     Nine Months Ended September 30, 2017  
     As Reported      Under ASC 606      Impact  

Revenue:

        

Recurring services

   $ 438.2      $ 419.8      $ (18.4

Professional services and other

     50.2        72.7        22.5  
  

 

 

    

 

 

    

 

 

 

Total revenue

   $ 488.4      $ 492.5      $ 4.1  

Operating profit

   $ 16.9      $ 25.7      $ 8.8