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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Changes in the Carrying Value of Goodwill by Segment

The changes in the carrying amount of goodwill by segment for the three months ended March 31, 2016 were as follows:

 

 

Publishing and Retail

 

 

Variable

 

 

Strategic

 

 

International

 

 

 

 

 

 

Services

 

 

Print

 

 

Services

 

 

Services

 

 

Total

 

Net book value as of December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

$

739.2

 

 

$

1,914.0

 

 

$

991.5

 

 

$

1,123.6

 

 

$

4,768.3

 

Accumulated impairment losses

 

(688.0

)

 

 

(1,105.2

)

 

 

(219.7

)

 

 

(1,011.8

)

 

 

(3,024.7

)

Total

 

51.2

 

 

 

808.8

 

 

 

771.8

 

 

 

111.8

 

 

 

1,743.6

 

Foreign exchange and other adjustments

 

 

 

 

0.9

 

 

 

0.4

 

 

 

2.2

 

 

 

3.5

 

Net book value as of March 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

739.2

 

 

 

1,914.9

 

 

 

992.0

 

 

 

1,133.1

 

 

 

4,779.2

 

Accumulated impairment losses

 

(688.0

)

 

 

(1,105.2

)

 

 

(219.8

)

 

 

(1,019.1

)

 

 

(3,032.1

)

Total

$

51.2

 

 

$

809.7

 

 

$

772.2

 

 

$

114.0

 

 

$

1,747.1

 

 

Components of Other Intangible Assets

The components of other intangible assets at March 31, 2016 and December 31, 2015 were as follows:

 

 

March 31, 2016

 

 

December 31, 2015

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

Net Book

 

 

Carrying

 

 

Accumulated

 

 

Net Book

 

 

Amount

 

 

Amortization

 

 

Value

 

 

Amount

 

 

Amortization

 

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

933.7

 

 

$

(573.5

)

 

$

360.2

 

 

$

932.1

 

 

$

(555.3

)

 

$

376.8

 

Patents

 

2.0

 

 

 

(2.0

)

 

 

 

 

 

98.3

 

 

 

(98.3

)

 

 

 

Trademarks, licenses and agreements

 

30.7

 

 

 

(30.1

)

 

 

0.6

 

 

 

30.6

 

 

 

(29.9

)

 

 

0.7

 

Trade names

 

47.5

 

 

 

(20.0

)

 

 

27.5

 

 

 

47.5

 

 

 

(19.1

)

 

 

28.4

 

Total amortizable other intangible assets

 

1,013.9

 

 

 

(625.6

)

 

 

388.3

 

 

 

1,108.5

 

 

 

(702.6

)

 

 

405.9

 

Indefinite-lived trade names

 

32.1

 

 

 

 

 

 

32.1

 

 

 

32.1

 

 

 

 

 

 

32.1

 

Total other intangible assets

$

1,046.0

 

 

$

(625.6

)

 

$

420.4

 

 

$

1,140.6

 

 

$

(702.6

)

 

$

438.0

 

 

Schedule of Estimated Annual Amortization Expense Related to Other Intangible Assets

The following table outlines the estimated annual amortization expense related to other intangible assets as of March 31, 2016:

 

For the year ending December 31,

Amount

 

2016

$

64.7

 

2017

 

58.8

 

2018

 

52.9

 

2019

 

48.7

 

2020

 

45.2

 

2021 and thereafter

 

136.3

 

Total

$

406.6