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Other Intangible Assets
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets
NOTE 6 – OTHER INTANGIBLE ASSETS
The following table summarizes the other intangible assets movement year on year:
                 
 
Six Months Ended
June 30
 
(in millions)
 
2019
   
2018
 
Gross cost at January 1
  $
294.6
    $
295.8
 
Internally developed software
   
0.7
     
0.8
 
Exchange effect
   
(0.3
)    
(1.4
)
                 
Gross cost at June 30
   
295.0
     
295.2
 
                 
Accumulated amortization at January 1
   
(158.3
)    
(132.5
)
Amortization expense
   
(11.5
)    
(13.6
)
Exchange effect
   
(0.1
)    
0.3
 
                 
Accumulated amortization at June 30
   
(169.9
)    
(145.8
)
                 
Net book amount at June 30
  $
125.1
    $
149.4
 
                 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Internally developed software has been capitalized in relation to the Company’s information system platforms.
Amortization expense
                 
 
Six Months Ended
June 30
 
(in millions)
 
2019
   
2018
 
Product rights
  $
(1.9
)   $
(1.9
)
Brand names
   
(0.3
)    
(0.6
)
Technology
   
(1.7
)    
(1.7
)
Customer relationships
   
(5.3
)    
(5.3
)
Internally developed software
   
(2.3
)    
(4.1
)
                 
Total
  $
(11.5
)   $
(13.6
)