XML 68 R33.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill Changes in the carrying amount of goodwill, by reportable segment, were as follows (in millions):
 
CHCA(1)
 
CHCI(2)
 
RX
 
Other
 
Total
Balance at December 31, 2016
$
1,810.6

 
$
1,070.8

 
$
1,086.6

 
$
81.4

 
$
4,049.4

Re-allocation of goodwill (3)
35.3

 

 
27.7

 
(63.0
)
 

Business divestitures

 
(4.1
)
 

 
(26.4
)
 
(30.5
)
Currency translation adjustments
1.5

 
139.0

 
8.0

 
8.0

 
156.5

Balance at December 31, 2017
1,847.4

 
1,205.7

 
1,122.3

 

 
4,175.4

Impairments
(136.7
)
 

 

 

 
(136.7
)
Currency translation adjustments
3.0

 
(54.4
)
 
(7.5
)
 

 
(58.9
)
Balance at December 31, 2018
$
1,713.7

 
$
1,151.3

 
$
1,114.8

 
$

 
$
3,979.8



(1) We had accumulated impairments of $161.2 million and $24.5 million for the years ended December 31, 2018 and December 31, 2017, respectively.
(2) We had accumulated impairments of $868.4 million for the years ended December 31, 2018 and December 31, 2017.
(3) Certain cash flows associated with the API business were retained. We performed a relative fair value allocation of the business retained and allocated it among the two segments where the business was allocated.
Schedule of finite and indefinite-lived intangible assets Intangible assets and the related accumulated amortization consisted of the following (in millions):
 
Year Ended
 
December 31, 2018
 
December 31, 2017
 
Gross
 
Accumulated
Amortization
 
Gross
 
Accumulated
Amortization
Indefinite-lived intangibles:
 
 
 
 
 
 
 
Trademarks, trade names, and brands
$
18.1

 
$

 
$
52.1

 
$

In-process research and development
31.2

 

 
38.2

 

Total indefinite-lived intangibles
$
49.3

 
$

 
$
90.3

 
$

Definite-lived intangibles:
 
 
 
 
 
 
 
Distribution and license agreements and supply agreements
$
178.6

 
$
99.0

 
$
311.2

 
$
169.8

Developed product technology, formulations, and product rights
1,318.8

 
654.6

 
1,358.4

 
598.7

Customer relationships and distribution networks
1,586.6

 
566.5

 
1,642.0

 
460.6

Trademarks, trade names, and brands
1,282.4

 
188.5

 
1,335.4

 
129.5

Non-compete agreements
12.9

 
11.8

 
14.7

 
12.6

Total definite-lived intangibles
$
4,379.3

 
$
1,520.4

 
$
4,661.7

 
$
1,371.2

Total other intangible assets
$
4,428.6

 
$
1,520.4

 
$
4,752.0

 
$
1,371.2

Schedule of remaining weighted-average useful lives of intangible assets The remaining weighted-average useful life for our amortizable intangible assets by asset class at December 31, 2018 was as follows:
Amortizable Intangible Asset Category
 
Remaining Weighted-Average Useful Life (Years)
Distribution and license agreements and supply agreements
 
7
Developed product technology, formulations, and product rights
 
12
Customer relationships and distribution networks
 
16
Trademarks, trade names, and brands
 
17
Non-compete agreements
 
2
Schedule of finite-lived intangible assets, future amortization expense Our estimated future amortization expense is as follows (in millions):
Year
 
Amount
2019
 
$
300.0

2020
 
269.6

2021
 
242.2

2022
 
213.2

2023
 
196.1

Thereafter
 
1,637.8