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4. Intangible Assets, Goodwill and Other (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes to goodwill by segment
Changes to goodwill by segment were as follows (in millions):
 
Life
Science
 
Clinical
Diagnostics
 
Total
Balances as of January 1, 2016:
 
 
 
 
 
Goodwill
$
207.2

 
$
316.9

 
$
524.1

Accumulated impairment losses
(27.2
)
 
(1.0
)
 
(28.2
)
Goodwill, net
180.0

 
315.9

 
495.9

 
 
 
 
 
 
Acquisitions
2.8

 

 
2.8

Currency fluctuations
0.3

 
6.3

 
6.6

 
 
 
 
 
 
Balances as of June 30, 2016:
 
 
 
 
 
Goodwill
210.3

 
323.2

 
533.5

Accumulated impairment losses
(27.2
)
 
(1.0
)
 
(28.2
)
Goodwill, net
$
183.1

 
$
322.2

 
$
505.3



In conjunction with the purchase of certain assets from Propel in January 2016 (see Note 2, "Acquisitions"), we recorded $2.8 million of goodwill and $36.0 million of definite-lived intangible assets: $33.0 million of developed product technology and $3.0 million of covenants not to compete.
Schedule of identifiable purchased intangible assets with definite lives
Information regarding our identifiable purchased intangible assets with definite and indefinite lives is as follows (in millions):
 
June 30, 2016
 
Average
Remaining
Life (years)
 
Purchase
Price
 
Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships/lists
2-9
 
$
87.7

 
$
(51.7
)
 
$
36.0

Know how
1-10
 
186.3

 
(133.4
)
 
52.9

Developed product technology
3-13
 
132.4

 
(53.6
)
 
78.8

Licenses
2-10
 
39.4

 
(29.7
)
 
9.7

Tradenames
5-8
 
3.7

 
(2.6
)
 
1.1

Covenants not to compete
2-10
 
7.9

 
(2.1
)
 
5.8

     Total definite-lived intangible assets
 
 
457.4

 
(273.1
)
 
184.3

In-process research and development
 
 
46.4

 

 
46.4

     Total purchased intangible assets
 
 
$
503.8

 
$
(273.1
)
 
$
230.7


 
December 31, 2015
 
Average
Remaining
Life (years)
 
Purchase
Price
 
Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships/lists
2-10
 
$
84.7

 
$
(46.8
)
 
$
37.9

Know how
1-10
 
184.0

 
(121.6
)
 
62.4

Developed product technology
4-12
 
101.3

 
(48.9
)
 
52.4

Licenses
3-10
 
39.2

 
(28.5
)
 
10.7

Tradenames
5-9
 
3.5

 
(2.4
)
 
1.1

Covenants not to compete
3-7
 
4.8

 
(1.7
)
 
3.1

     Total definite-lived intangible assets
 
 
417.5

 
(249.9
)
 
167.6

In-process research and development
 
 
46.4

 

 
46.4

     Total purchased intangible assets
 
 
$
463.9

 
$
(249.9
)
 
$
214.0

Finite-lived Intangible Assets Amortization Expense [Table Text Block]
Amortization expense related to purchased intangible assets is as follows (in millions):

 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
 
 
 
 
 
 
 
 
Amortization expense
$
9.6

 
$
9.3

 
$
19.0

 
$
18.5