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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2013
Goodwill

The changes in the carrying amount of goodwill for the three months ended March 31, 2013 were as follows:

 

 

 

U.S. Print and

 

 

 

 

 

 

Related Services

 

International

 

Total

Net book value as of December 31, 2012

 

 

 

 

 

 

 

 

 

Goodwill

 

$

3,299.2

 

$

1,321.5

 

$

4,620.7

Accumulated impairment losses

 

 

(1,989.9)

 

 

(1,194.4)

 

 

(3,184.3)

Total

 

 

1,309.3

 

 

127.1

 

 

1,436.4

Foreign exchange and other adjustments

 

 

(2.2)

 

 

(2.3)

 

 

(4.5)

Net book value as of March 31, 2013

 

 

 

 

 

 

 

 

 

Goodwill

 

 

3,297.0

 

 

1,278.1

 

 

4,575.1

Accumulated impairment losses

 

 

(1,989.9)

 

 

(1,153.3)

 

 

(3,143.2)

Total

 

$

1,307.1

 

$

124.8

 

$

1,431.9

 

Components of Other Intangible Assets

The components of other intangible assets at March 31, 2013 and December 31, 2012 were as follows:

 

 

March 31, 2013

 

 

December 31, 2012

 

Gross

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

Carrying

 

Accumulated

 

Net Book

 

Carrying

 

Accumulated

 

Net Book

 

Amount

 

Amortization

 

Value

 

Amount

 

Amortization

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

723.6

 

$

(395.7)

 

$

327.9

 

$

731.1

 

$

(388.0)

 

$

343.1

Patents

 

98.3

 

 

(98.1)

 

 

0.2

 

 

98.3

 

 

(98.1)

 

 

0.2

Trademarks, licenses and agreements

 

31.4

 

 

(26.6)

 

 

4.8

 

 

31.7

 

 

(26.1)

 

 

5.6

Trade names

 

26.9

 

 

(11.5)

 

 

15.4

 

 

27.1

 

 

(11.2)

 

 

15.9

Total amortizable other intangible assets

 

880.2

 

 

(531.9)

 

 

348.3

 

 

888.2

 

 

(523.4)

 

 

364.8

Indefinite-lived trade names

 

18.1

 

 

-  

 

 

18.1

 

 

18.1

 

 

-

 

 

18.1

Total other intangible assets

$

898.3

 

$

(531.9)

 

$

366.4

 

$

906.3

 

$

(523.4)

 

$

382.9

 

Estimated Annual Amortization Expense Related to Intangible Assets

The following table outlines the estimated annual amortization expense related to other intangible assets as of March 31, 2013:

 

For the year ending December 31,

Amount

2013

$

64.1

2014

 

63.2

2015

 

57.6

2016

 

39.2

2017

 

32.8

2018 and thereafter

 

107.7

Total

$

364.6