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Other Intangible Assets
9 Months Ended
Sep. 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:
                 
 
Nine Months Ended
September 30
 
(in millions)
 
2019
   
2018
 
Gross cost at January 1
  $
294.6
    $
295.8
 
Internally developed software
   
1.1
     
0.8
 
Exchange effect
   
(2.1
)    
(1.6
)
                 
Gross cost at September 30
   
293.6
     
295.0
 
                 
Accumulated amortization at January 1
   
(158.3
)    
(132.5
)
Amortization expense
   
(17.2
)    
(20.4
)
Exchange effect
   
0.3
     
0.2
 
                 
Accumulated amortization at September 30
   
(175.2
)    
(152.7
)
                 
Net book amount at September 30
  $
118.4
    $
142.3
 
                 
 
 
 
 
 
 
 
 
Internally developed software has been capitalized in relation to the Company’s information system platforms.
Amortization expense
                 
 
Nine Months Ended
September 30
 
(in millions)
 
2019
   
2018
 
Product rights
  $
(2.8
)   $
 (2.8
)
Brand names
   
(0.5
)    
(0.9
)
Technology
   
(2.5
)    
(2.5
)
Customer relationships
   
(7.9
)    
(8.0
)
Internally developed software
   
(3.5
)    
(6.2
)
                 
Total
  $
(17.2
)   $
(20.4
)