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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2012
Goodwill and Other Intangible Assets  
Changes in the carrying amount of goodwill

 

 

 

 

 

 

 

 

Int’l

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cleaning

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

U.S.

 

Sanitizing

 

 

 

 

 

 

 

 

 

 

 

Cleaning &

 

Other

 

& Other

 

Global

 

Global

 

Global

 

 

 

(millions)

 

Sanitizing

 

Services

 

Services

 

Water(b)

 

Paper(b)

 

Energy(b)

 

Total

 

Goodwill as of December 31, 2011

 

$

543.6

 

$

50.5

 

$

857.3

 

$

1,933.0

 

$

179.3

 

$

2,291.6

 

$

5,855.3

 

Current year business acquisitions(a)

 

 

 

17.1

 

6.1

 

 

 

23.2

 

Prior year business acquisitions

 

 

 

 

21.5

 

9.5

 

18.9

 

49.9

 

Effect of foreign currency translation

 

 

 

(57.8

)

(21.4

)

(2.1

)

(25.3

)

(106.6

)

Goodwill as of June 30, 2012

 

$

543.6

 

$

50.5

 

$

816.6

 

$

1,939.2

 

$

186.7

 

$

2,285.2

 

$

5,821.8

 

 

(a)         For 2012, none of the goodwill related to businesses acquired is expected to be tax deductible.

(b)         The company completed its goodwill allocation related to the Nalco merger during the second quarter of 2012. As such, goodwill acquired through the Nalco merger has been disclosed for each legacy Nalco reportable segment beginning in the second quarter of 2012, with disclosure back to year end 2011.

Future estimated amortization expenses

 

 

(millions)

 

 

 

 

 

 

 

2012 (Remainder: six-month period)

 

$

117

 

2013

 

234

 

2014

 

223

 

2015

 

220

 

2016

 

216