XML 48 R28.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Goodwill and Intangibles, including DAC and VOBA (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances | Definite lived intangible assets are summarized as follows:
| June 30, 2014 |  | September 30, 2013 |  |
| Cost |  | Accumulated Amortization |  | Net |  | Cost |  | Accumulated Amortization |  | Net |  | Amortizable Life
Customer relationships | $ | 889.6 |  |  | $ | (196.3 | ) |  | $ | 693.3 |  |  | $ | 885.9 |  |  | $ | (160.8 | ) |  | $ | 725.1 |  |  | 15 to 20 years
Trade names | 171.4 |  |  | (57.0 | ) |  | 114.4 |  |  | 171.6 |  |  | (44.7 | ) |  | 126.9 |  |  | 1 to 12 years
Technology assets | 192.2 |  |  | (52.9 | ) |  | 139.3 |  |  | 172.1 |  |  | (39.0 | ) |  | 133.1 |  |  | 4 to 17 years
| $ | 1,253.2 |  |  | $ | (306.2 | ) |  | $ | 947.0 |  |  | $ | 1,229.6 |  |  | $ | (244.5 | ) |  | $ | 985.1 |  |  |
Summary of Definite Lived Intangible Assets | 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 September 30, 2013 | $ | 1,476.7 |  |  | $ | 1,178.1 |  |  | $ | 985.1 |  |  | $ | 225.3 |  |  | $ | 340.6 |  |  | $ | 2,729.1 |
Acquisitions (Note 3) | 65.2 |  |  | 46.8 |  |  | 22.0 |  |  | — |  |  | — |  |  | 68.8 |
Deferrals | — |  |  | — |  |  | — |  |  | — |  |  | 172.5 |  |  | 172.5 |
Less: Components of amortization - |  |  |  |  |  |  |  |  |  |  |
Periodic amortization | — |  |  | — |  |  | (61.2 | ) |  | (67.7 | ) |  | (38.9 | ) |  | (167.8 | )
Interest | — |  |  | — |  |  | — |  |  | 11.0 |  |  | 10.1 |  |  | 21.1 |
Unlocking | — |  |  | — |  |  | — |  |  | 21.8 |  |  | 3.4 |  |  | 25.2 |
Adjustment for unrealized investment (gains), net | — |  |  | — |  |  | — |  |  | (108.2 | ) |  | (83.0 | ) |  | (191.2 | )
Effect of translation | (2.8 | ) |  | 6.0 |  |  | 1.1 |  |  | — |  |  | — |  |  | 7.1 |
Balance at June 30, 2014 | $ | 1,539.1 |  |  | $ | 1,230.9 |  |  | $ | 947.0 |  |  | $ | 82.2 |  |  | $ | 404.7 |  |  | $ | 2,664.8 |
Summary of Amortization Expense of Definite Lived Intangible Assets | Amortization expense for definite lived intangible assets is as follows:
| Three months ended June 30, |  | Nine months ended June 30,
| 2014 |  | 2013 |  | 2014 |  | 2013
Customer relationships | $ | 11.7 |  |  | $ | 11.6 |  |  | $ | 35.0 |  |  | $ | 33.3 |
Trade names | 4.1 |  |  | 4.3 |  |  | 12.3 |  |  | 12.2 |
Technology assets | 4.7 |  |  | 4.4 |  |  | 13.9 |  |  | 12.0 |
| $ | 20.5 |  |  | $ | 20.3 |  |  | $ | 61.2 |  |  | $ | 57.5 |
Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods | Estimated amortization expense for VOBA in future fiscal periods is as follows:
|  | Estimated Amortization Expense
Fiscal Year |  | VOBA
2014 |  | $ | 7.9 |
2015 |  | 42.1 |
2016 |  | 38.4 |
2017 |  | 31.7 |
2018 |  | 25.8 |
2019 and thereafter |  | 126.0 |

X
- Definition Amortization expense. + References No definition available. + Details
Name: | hrg_AmortizationExpenseTableTableTextBlock
Namespace Prefix: | hrg_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration