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4. Intangible Assets, Goodwill and Other
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure GOODWILL AND OTHER PURCHASED INTANGIBLE ASSETS

Changes to goodwill by segment were as follows (in millions):
 
Life
Science
 
Clinical
Diagnostics
 
Total
Balances as of December 31, 2018:
 
 
 
 
 
Goodwill
$
234.5

 
$
320.5

 
$
555.0

Accumulated impairment losses
(41.8
)
 
(293.4
)
 
(335.2
)
Goodwill, net
192.7

 
27.1

 
219.8

 
 
 
 
 
 
Acquisitions
15.6

 

 
15.6

 
 
 
 
 
 
Balances as of June 30, 2019:
 
 
 
 
 
Goodwill
250.1

 
320.5

 
570.6

Accumulated impairment losses
(41.8
)
 
(293.4
)
 
(335.2
)
Goodwill, net
$
208.3

 
$
27.1

 
$
235.4


In conjunction with the purchase of all the issued and outstanding stock of a small private company in March 2019 (see Note 2, "Acquisitions"), we recorded $15.6 million of goodwill that included workforce and time-to-market advantage, $5.5 million of Developed product technology, a definite-lived intangible asset, and $0.2 million of In-process research and development, an indefinite-lived intangible asset.

Information regarding our identifiable purchased intangible assets with definite and indefinite lives is as follows (in millions):
 
June 30, 2019
 
Average
Remaining
Life (years)
 
Purchase
Price
 
Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships/lists
1-6
 
$
88.4

 
$
(71.2
)
 
$
17.2

Know how
1-7
 
189.8

 
(161.4
)
 
28.4

Developed product technology
1-10
 
135.5

 
(89.8
)
 
45.7

Licenses
6-10
 
76.2

 
(42.6
)
 
33.6

Tradenames
2-5
 
3.9

 
(3.4
)
 
0.5

Covenants not to compete
7
 
3.1

 
(1.2
)
 
1.9

     Total definite-lived intangible assets
 
 
$
496.9

 
$
(369.6
)
 
$
127.3

In-process research and development
 
 
0.2

 

 
0.2

     Total purchased intangible assets
 
 
$
497.1

 
$
(369.6
)
 
$
127.5


 
December 31, 2018
 
Average
Remaining
Life (years)
 
Purchase
Price
 
Accumulated
Amortization
 
Net
Carrying
Amount
Customer relationships/lists
1-6
 
$
88.7

 
$
(68.3
)
 
$
20.4

Know how
1-7
 
190.6

 
(159.8
)
 
30.8

Developed product technology
1-10
 
130.4

 
(86.6
)
 
43.8

Licenses
7-11
 
76.3

 
(40.9
)
 
35.4

Tradenames
2-6
 
3.9

 
(3.3
)
 
0.6

Covenants not to compete
7
 
3.2

 
(1.1
)
 
2.1

     Total definite-lived intangible assets
 
 
$
493.1

 
$
(360.0
)
 
$
133.1


Amortization expense related to purchased intangible assets is as follows (in millions):

 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
Amortization expense
$
5.6

 
$
7.4

 
$
11.1

 
$
14.8