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Other Intangible Assets
6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Other Intangible Assets
NOTE 5 – OTHER INTANGIBLE ASSETS
The following table summarizes the other intangible assets movements:
 
(in millions)
  
2021
 
Gross cost at January 1
   $ 298.9  
Exchange effect
     (1.5
    
 
 
 
Gross cost at June 30
     297.4  
    
 
 
 
Accumulated amortization at January 1
     (223.6
Amortization expense
     (8.0
Exchange effect
     0.6  
    
 
 
 
Accumulated
amortization
at June 30
     (231.0
    
 
 
 
Net book amount at June 30
   $ 66.4  
    
 
 
 
 
The amortization expense for the six months ended June 30, 2021 was $8.0 million (six months ended June 30, 2020 – $11.5 million).
The net book amount by category of other intangible assets is shown in the following table:
 
(in millions)
  
June 30

2021
    
December 31

2020
 
Product rights
   $ 4.4      $ 6.3  
Brand names
     2.0        2.3  
Technology
     18.6        19.8  
Customer relationships
     39.4        44.2  
Internally developed software
     2.0        2.7  
    
 
 
    
 
 
 
     $ 66.4      $ 75.3