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Other Intangible Assets
 3 Months Ended
Mar. 31, 2017
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)

    2017      2016  

Gross cost at January 1

    $ 248.6      $ 248.6  

Acquisitions

      33.5        0.0  

Exchange effect

      0.1        0.0  
  

 

 

     

 

 

  

Gross cost at March 31

      282.2        248.6  
  

 

 

     

 

 

  

Accumulated amortization at January 1

      (104.2 )       (79.9 ) 

Amortization expense

      (6.9 )       (6.0 ) 

Exchange effect

      0.1        (0.1 ) 
  

 

 

     

 

 

  

Accumulated amortization at March 31

      (111.0 )       (86.0 ) 
  

 

 

     

 

 

  

Net book amount at March 31

    $ 171.2      $ 162.6  
  

 

 

     

 

 

  

Amortization expense

 

     Three Months Ended
March 31		  

(in millions)

    2017      2016  

Product rights

    $ (0.9 )     $ (0.9 ) 

Brand names

      (0.3 )       (0.3 ) 

Technology

      (0.9 )       (0.9 ) 

Customer relationships

      (2.6 )       (1.7 ) 

Non-compete agreements

      (0.2 )       (0.2 ) 

Marketing related

      (0.2 )       (0.2 ) 

Internally developed software

      (1.8 )       (1.8 ) 
  

 

 

     

 

 

  

Total

    $ (6.9 )     $ (6.0 )