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Goodwill and Other Intangibles, Net (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Amortizable Intangible Assets

The following table provides information related to the carrying value of all intangible assets, other than goodwill:

 

 

December 31, 2015

 

 

 

 

December 31, 2014

 

 

Gross

 

 

 

 

 

 

 

 

 

 

Amortization

 

Gross

 

 

 

 

 

 

 

 

 

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

Period

 

Carrying

 

 

Accumulated

 

 

 

 

 

 

Amount

 

 

Amortization

 

 

Net

 

 

(Years)

 

Amount

 

 

Amortization

 

 

Net

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

$

259.5

 

 

$

(96.4

)

 

$

163.1

 

 

3-20

 

$

255.3

 

 

$

(85.2

)

 

$

170.1

 

Customer Relationships

 

372.4

 

 

 

(141.8

)

 

 

230.6

 

 

15-20

 

 

347.3

 

 

 

(119.9

)

 

 

227.4

 

Patents/Formulas

 

57.4

 

 

 

(41.9

)

 

 

15.5

 

 

4-20

 

 

48.6

 

 

 

(38.3

)

 

 

10.3

 

Non Compete Agreement

 

1.8

 

 

 

(1.5

)

 

 

0.3

 

 

5-10

 

 

1.4

 

 

 

(1.4

)

 

 

0.0

 

Total

$

691.1

 

 

$

(281.6

)

 

$

409.5

 

 

 

 

$

652.6

 

 

$

(244.8

)

 

$

407.8

 

 

Indefinite Lived Intangible Assets

 

Indefinite lived intangible assets - Carrying value

 

 

December 31,

 

 

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

2015

 

 

 

 

 

 

 

 

2014

 

 

 

 

 

Trade names

$

860.0

 

 

 

 

 

 

 

 

$

864.6

 

 

 

 

 

 

Intangible Asset Impairment Charges Within Selling, General and Administrative Expenses

The Company recognized intangible asset impairment charges within SG&A expenses during the three year period ended December 31, 2015 as follows:

 

 

For the Year Ended December 31,

Segments:

2015

 

2014

 

2013

Consumer Domestic

$         0.0

 

$       5.0

 

$       1.9

Consumer International

0.0

 

0.0

 

4.6

Total

$         0.0

 

$       5.0

 

$       6.5

 

Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2015 and 2014 are as follows:

 

 

Consumer

 

 

Consumer

 

 

Specialty

 

 

 

 

 

 

Domestic

 

 

International

 

 

Products

 

 

Total

 

Balance at December 31, 2013

$

1,154.8

 

 

$

47.2

 

 

$

20.2

 

 

$

1,222.2

 

Lil' Drug Store Brands acquired goodwill

 

87.4

 

 

 

15.4

 

 

 

0.0

 

 

 

102.8

 

Balance at December 31, 2014

$

1,242.2

 

 

$

62.6

 

 

$

20.2

 

 

$

1,325.0

 

VI-COR acquired goodwill

 

0.0

 

 

 

0.0

 

 

 

29.9

 

 

 

29.9

 

Balance at December 31, 2015

$

1,242.2

 

 

$

62.6

 

 

$

50.1

 

 

$

1,354.9