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Other Intangible Assets
 3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets

NOTE 5 – OTHER INTANGIBLE ASSETS

The following table summarizes the other intangible assets movement year on year:

 

     Three Months Ended
March 31		  

(in millions)

    2016      2015  

Gross cost at January 1

    $ 248.6       $ 247.6   

Capitalization of internally developed software

      0.0         2.7   

Exchange effect

      0.0         (0.1 ) 
  

 

 

     

 

 

  

Gross cost at March 31

      248.6         250.2   
  

 

 

     

 

 

  

Accumulated amortization at January 1

      (79.9 )       (66.5 ) 

Amortization expense

      (6.0 )       (5.1 ) 

Exchange effect

      (0.1 )       0.0   
  

 

 

     

 

 

  

Accumulated amortization at March 31

      (86.0 )       (71.6 ) 
  

 

 

     

 

 

  

Net book amount at March 31

    $ 162.6       $ 178.6   
  

 

 

     

 

 

  

Amortization expense

 

     Three Months Ended
March 31		  

(in millions)

    2016      2015  

Product rights

    $ (0.9 )     $ (0.9 ) 

Brand names

      (0.3 )       (0.3 ) 

Technology

      (0.9 )       (0.9 ) 

Customer relationships

      (1.7 )       (1.7 ) 

Non-compete agreements

      (0.2 )       (0.2 ) 

Marketing related

      (0.2 )       (0.2 ) 

Internally developed software

      (1.8 )       (0.9 ) 
  

 

 

     

 

 

  

Total

    $ (6.0 )     $ (5.1 )