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Intangible Assets
 12 Months Ended
Dec. 31, 2013
Intangible Assets [Abstract]  
Intangible Assets

 

NOTE 11.  INTANGIBLE ASSETS

We conduct our annual impairment testing of non-amortizable intangible assets during the fourth quarter.  Our 2013, 2012 and 2011 reviews concluded that no impairment charges were necessary.  See Note 2 to the Consolidated Financial Statements for a discussion of our accounting policy for intangible assets.

 

The following table details amounts related to our intangible assets as of December 31, 2013 and 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

December 31, 2012

 

Estimated Useful Life

 

Gross Carrying Amount

 

Accumulated Amortization

 

Gross Carrying Amount

 

Accumulated Amortization

Amortizing intangible assets

 

 

 

 

 

 

 

 

 

Customer relationships

20 years

 
$
165.5 

 
$
60.2 

 
$
165.4 

 
$
51.9 

Developed technology

15 years

 
83.1 

 
39.4 

 
81.9 

 
33.8 

Other

Various

 
21.5 

 
1.9 

 
15.0 

 
1.3 

Total

 

 
$
270.1 

 
$
101.5 

 
$
262.3 

 
$
87.0 

 

 

 

 

 

 

 

 

 

 

Non-amortizing intangible assets

 

 

 

 

 

 

 

 

 

Trademarks and brand names

Indefinite

 
354.3 

 

 

 
352.4 

 

 

Total intangible assets

 

 
$
624.4 

 

 

 
$
614.7 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

2011

Amortization expense
$
14.4 

 
$
14.1 

 
$
14.0 

 

 

 

 

 

The expected annual amortization expense for the years 2014 through 2018 is approximately $14 million.