XML 54 R32.htm IDEA: XBRL DOCUMENT v2.4.0.8
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Jun. 28, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill, by reportable segment, were as follows (in millions):
 
 
Consumer
Healthcare
 
Nutritionals
 
Rx Pharma-
ceuticals
 
API
 
Specialty Sciences
 
Total
Balance as of June 30, 2012
$
138.9

 
$
331.7

 
$
220.8

 
$
86.3

 
$

 
$
777.8

Business acquisitions
144.7

 

 
163.9

 

 

 
308.6

Currency translation adjustment
(3.7
)
 

 
0.7

 
5.9

 

 
2.9

Balance as of June 29, 2013
279.9

 
331.7

 
385.4

 
92.2

 

 
1,089.2

Business acquisitions
1,118.8

 
178.4

 
851.0

 

 
201.8

 
2,350.0

Currency translation adjustment
7.6

 

 
21.9

 
5.4

 


 
34.9

Balance as of June 28, 2014
$
1,406.3

 
$
510.1

 
$
1,258.3

 
$
97.6

 
$
201.8

 
$
3,474.1

Schedule of Finite and Indefinite-Lived Intangible Assets
Other intangible assets and related accumulated amortization consisted of the following (in millions):
 
June 28, 2014
 
June 29, 2013
 
Gross
 
Accumulated
Amortization
 
Gross
 
Accumulated
Amortization
Amortizable intangibles:
 
 
 
 
 
 
 
Distribution and license agreements
$
6,027.3

 
$
192.1

 
$
192.7

 
$
28.9

Developed product technology/formulation and product rights
931.7

 
302.5

 
896.8

 
204.6

Customer relationships
372.0

 
97.5

 
358.2

 
72.4

Trade names and trademarks
47.8

 
5.6

 
12.7

 
4.2

Non-compete agreements
15.3

 
9.4

 
13.3

 
6.0

Total
$
7,394.1

 
$
607.1

 
$
1,473.7

 
$
316.1

Non-amortizable intangibles:
 
 
 
 
 
 
 
Trade names and trademarks
$
59.5

 
$

 
$
57.0

 
$

In-process research and development
10.2

 

 
27.8

 

Total
69.7

 

 
84.8

 

Total other intangible assets
$
7,463.8

 
$
607.1

 
$
1,558.5

 
$
316.1

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The estimated amortization expense for each of the following years is as follows (in millions): 
Fiscal Year
 
Amount  
2015
 
$
427.0

2016
 
438.0

2017
 
434.0

2018
 
427.0

2019
 
416.0

Thereafter
 
4,645.0