Goodwill and Other Intangible Assets

6 Months Ended

Mar. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill for the six months ended March 31, 2017, are (in millions):



	Architecture & Software			Control Products & Solutions			Total
Balance as of September 30, 2016	$	414.5		$	659.4		$	1,073.9
Acquisition of business	—			0.5			0.5
Translation	(2.4		)	(8.7		)	(11.1		)
Balance as of March 31, 2017	$	412.1		$	651.2		$	1,063.3

Other intangible assets consist of (in millions):



	March 31, 2017
	Carrying Amount		Accumulated Amortization		Net
Amortized intangible assets:
Computer software products	$	182.4	$	108.2	$	74.2
Customer relationships	111.3		55.0		56.3
Technology	103.2		52.4		50.8
Trademarks	30.8		18.3		12.5
Other	10.6		8.9		1.7
Total amortized intangible assets	438.3		242.8		195.5
Allen-Bradley^® trademark not subject to amortization	43.7		—		43.7
Total	$	482.0	$	242.8	$	239.2



	September 30, 2016
	Carrying Amount		Accumulated Amortization		Net
Amortized intangible assets:
Computer software products	$	182.4	$	103.4	$	79.0
Customer relationships	112.6		51.9		60.7
Technology	103.9		48.5		55.4
Trademarks	31.4		17.0		14.4
Other	11.0		8.9		2.1
Total amortized intangible assets	441.3		229.7		211.6
Allen-Bradley^® trademark not subject to amortization	43.7		—		43.7
Total	$	485.0	$	229.7	$	255.3

Estimated amortization expense is $29.8 million in 2017, $25.0 million in 2018, $21.8 million in 2019, $19.1 million in 2020 and $18.4 million in 2021.

We performed the annual evaluation of our goodwill and indefinite life intangible assets for impairment as required by accounting principles generally accepted in the United States (U.S. GAAP) during the second quarter of 2017 and concluded that these assets are not impaired.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details