Goodwill and Intangibles, including DAC and VOBA (Tables)

3 Months Ended

Dec. 30, 2012

Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances

A summary of the changes in the carrying amounts of goodwill and intangible assets, including FGL’s DAC and VOBA balances, are as follows:


			Intangible Assets
	Goodwill		Indefinite Lived		Definite Lived			VOBA			DAC			Total
Balance at Balance at September 30, 2012	$	694.2	$	841.1	$	873.9		$	104.3		$	169.2		$	1,988.5
Acquisitions (Note 13)		726.1		330.0		175.5			—			—			505.5
Deferrals		—		—		—			—			35.7			35.7
Less: Components of amortization -
Periodic amortization		—		—		(17.1	)		(73.5	)		(15.0	)		(105.6	)
Interest		—		—		—			5.3			2.3			7.6
Unlocking		—		—		—			9.3			2.1			11.4
Reclassifications		—		—		—			—			—			—
Adjustment for unrealized investment (gains), net		—		—		—			31.2			(3.2	)		28.0
Effect of translation		1.0		2.8		1.8			—			—			4.6

Balance at Balance at December 30, 2012	$	1,421.3	$	1,173.9	$	1,034.1		$	76.6		$	191.1		$	2,475.7

Summary of Definite Lived Intangible Assets

Definite lived intangible assets are summarized as follows:


	December 30, 2012						September 30, 2012
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net		Amortizable Life
Customer relationships	$	875.5	$	127.0	$	748.5	$	796.2	$	113.0	$	683.2		15 to 20 years
Trade names		165.9		31.9		134.0		150.8		28.3		122.5		1 to 12 years
Technology assets		177.4		25.8		151.6		91.0		22.8		68.2		4 to 17 years

	$	1,218.8	$	184.7	$	1,034.1	$	1,038.0	$	164.1	$	873.9

Summary of Amortization Expense of Definite Lived Intangible Assets

Amortization expense for definite lived intangible assets is as follows:


	Three Months Ended
	December 30, 2012		January 1, 2012
Customer relationships	$	10.4	$	9.6
Trade names		3.6		3.1
Technology assets		3.1		1.9

	$	17.1	$	14.6

Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods

The weighted average amortization period for VOBA and DAC are approximately 5.3 and 6.1 years, respectively. Estimated amortization expense for VOBA and DAC in future fiscal periods is as follows:


	Estimated Amortization Expense
Fiscal Year	VOBA		DAC
2013	$	28.6	$	15.4
2014		53.9		26.7
2015		48.3		27.2
2016		43.7		25.9
2017		36.4		24.3
Thereafter		174.1		125.5