XML 33 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
3. Intangible Assets, Goodwill and Other (Tables)
 3 Months Ended
Mar. 31, 2018
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, 2018:
 
 
 
 
 
Goodwill
$
234.7

 
$
324.6

 
$
559.3

Accumulated impairment losses
(35.9
)
 
(17.3
)
 
(53.2
)
Goodwill, net
198.8

 
307.3

 
506.1

 
 
 
 
 
 
Divestiture
—

 
(1.4
)
 
(1.4
)
Currency fluctuations
0.1

 
5.6

 
5.7

 
 
 
 
 
 
Balances as of March 31, 2018:
 
 
 
 
 
Goodwill
234.8

 
328.8

 
563.6

Accumulated impairment losses
(35.9
)
 
(17.3
)
 
(53.2
)
Goodwill, net
$
198.9

 
$
311.5

 
$
510.4



In March 2018, we wrote off $1.4 million of goodwill from our Clinical Diagnostics segment as a result of a divestiture of a product line.
Schedule of identifiable purchased intangible assets with definite lives Information regarding our identifiable purchased intangible assets with definite lives is as follows (in millions):
 
March 31, 2018
 
Average
Remaining
Life (years)
 
Purchase
Price
 
Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships/lists
1-7
 
$
94.3

 
$
(67.5
)
 
$
26.8

Know how
1-8
 
197.5

 
(162.1
)
 
35.4

Developed product technology
1-11
 
135.1

 
(73.9
)
 
61.2

Licenses
1-11
 
77.0

 
(37.5
)
 
39.5

Tradenames
1-6
 
4.1

 
(3.2
)
 
0.9

Covenants not to compete
1-8
 
7.9

 
(3.5
)
 
4.4

     Total definite-lived intangible assets
 
 
$
515.9

 
$
(347.7
)
 
$
168.2


 
December 31, 2017
 
Average
Remaining
Life (years)
 
Purchase
Price
 
Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships/lists
1-7
 
$
92.3

 
$
(64.4
)
 
$
27.9

Know how
1-8
 
194.9

 
(157.9
)
 
37.0

Developed product technology
1-12
 
133.3

 
(70.3
)
 
63.0

Licenses
1-12
 
76.7

 
(36.0
)
 
40.7

Tradenames
1-6
 
3.9

 
(3.0
)
 
0.9

Covenants not to compete
1-8
 
7.9

 
(3.3
)
 
4.6

     Total definite-lived intangible assets
 
 
$
509.0

 
$
(334.9
)
 
$
174.1
Finite-lived Intangible Assets Amortization Expense [Table Text Block] Amortization expense related to purchased intangible assets is as follows (in millions):

 
Three Months Ended
 
 
March 31,
 
 
2018
 
2017
 
 
 
 
 
 
Amortization expense
$
7.4

 
$
6.9