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Goodwill and Intangibles, including DAC and VOBA, net Goodwill and Intangibles, including DAC and VOBA, net (Tables)
12 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amounts of Goodwill and Intangible Assets Including FGL's DAC and VOBA Balances
he changes in the carrying amounts of goodwill and intangible assets, including DAC and VOBA balances, during Fiscal 2015 and 2014 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 4)
65.8

 
46.7

 
23.5

 

 

 
70.2

Deferrals

 

 

 

 
239.0

 
239.0

Less: Components of amortization -
 
 
 
 
 
 
 
 
 
 
 
Periodic amortization


 

 
(81.7
)
 
(92.4
)
 
(58.0
)
 
(232.1
)
Interest

 

 

 
15.0

 
13.6

 
28.6

Unlocking

 

 

 
21.6

 
2.7

 
24.3

Adjustment for unrealized investment losses, net

 

 

 
(82.7
)
 
(74.1
)
 
(156.8
)
Effect of translation
(17.7
)
 
(8.9
)
 
(9.7
)
 

 

 
(18.6
)
Balance at September 30, 2014
1,524.8

 
1,215.9

 
917.2

 
86.8

 
463.8

 
2,683.7

Acquisitions (Note 4)
1,054.7

 
341.5

 
184.9

 

 

 
526.4

Impairments (Note 2)
(28.3
)
 
(31.9
)
 

 

 

 
(31.9
)
Deconsolidation in connection to bankruptcy of a subsidiary (Note 1)
(16.2
)
 
(9.9
)
 

 

 

 
(9.9
)
Deferrals

 

 

 

 
320.1

 
320.1

Less: Components of amortization -
 
 
 
 
 
 
 
 
 
 
 
Periodic amortization

 

 
(87.8
)
 
(53.5
)
 
(45.7
)
 
(187.0
)
Interest

 

 

 
12.3

 
21.7

 
34.0

Unlocking

 

 

 
19.4

 
4.0

 
23.4

Adjustment for unrealized investment (gains), net

 

 

 
164.9

 
54.8

 
219.7

Effect of translation
(47.6
)
 
(25.3
)
 
(24.3
)
 

 

 
(49.6
)
Balance at September 30, 2015
$
2,487.4

 
$
1,490.3

 
$
990.0

 
$
229.9

 
$
818.7

 
$
3,528.9

Schedule of Finite-Lived Intangible Assets [Table Text Block]
The range and weighted average useful lives for definite-lived intangibles assets are as follows:
Asset Type
 
Range
 
Weighted Average
Customer relationships
 
2 to 20 years
 
18.5 years
Technology assets
 
8 to 17 years
 
11.1 years
Tradenames
 
4 to 18 years
 
16.2 years
 
September 30, 2015
 
September 30, 2014
 
Cost
 
Accumulated Amortization
 
Net
 
Cost
 
Accumulated Amortization
 
Net
Customer relationships
$
985.2

 
$
(247.4
)
 
$
737.8

 
$
877.1

 
$
(204.6
)
 
$
672.5

Technology assets
238.6

 
(78.1
)
 
160.5

 
192.2

 
(57.6
)
 
134.6

Trade names
165.4

 
(73.7
)
 
91.7

 
171.1

 
(61.0
)
 
110.1

 
$
1,389.2

 
$
(399.2
)
 
$
990.0

 
$
1,240.4

 
$
(323.2
)
 
$
917.2

Estimated Amortization Expense for VOBA and DAC in Future Fiscal Periods
Fiscal Year
 
Estimated Amortization Expense
2016
 
$
93.9

2017
 
93.0

2018
 
86.2

2019
 
85.1

2020
 
84.9



Estimated Amortization Expense
Fiscal Year

VOBA
2016

$
40.6

2017

35.3

2018

28.4

2019

23.0

2020
 
18.5

2021 and thereafter

83.2