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Intangible Assets, net and Goodwill (Tables)
 9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite and Indefinite-lived Intangible Assets
Amortizable intangible assets are being amortized on a straight-line basis over their estimated useful lives with no estimated residual value, which materially approximates the expected pattern of use of these intangible assets.
 
September 30, 2016
 
December 31, 2015
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Balance
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Balance
Amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Customer relationships
$
879.2

 
$
(151.0
)
 
$
728.2

 
$
877.7

 
$
(109.1
)
 
$
768.6

Intellectual property(1)
733.9

 
(195.3
)
 
538.6

 
731.1

 
(124.5
)
 
606.6

Licenses
417.8

 
(139.0
)
 
278.8

 
326.1

 
(91.6
)
 
234.5

Brand names
125.2

 
(29.1
)
 
96.1

 
124.0

 
(18.9
)
 
105.1

Trade names
97.4

 
(6.5
)
 
90.9

 
97.5

 
(1.9
)
 
95.6

Patents and other
27.8

 
(14.0
)
 
13.8

 
27.1

 
(12.8
)
 
14.3

 
2,281.3

 
(534.9
)
 
1,746.4

 
2,183.5

 
(358.8
)
 
1,824.7

Non-amortizable intangible assets:
 
 
 
 
 
 
 
 
 
 
 
Trade names
96.7

 
(2.1
)
 
94.6

 
97.4

 
(2.1
)
 
95.3

Total intangible assets
$
2,378.0

 
$
(537.0
)
 
$
1,841.0

 
$
2,280.9

 
$
(360.9
)
 
$
1,920.0

 
(1) December 31, 2015 net balance includes $33 million of in-process R&D assets that were not subject to amortization. These assets reached commercial feasibility at the end of the third quarter of 2016, with amortization commencing October 2016.
Schedule of Amortization Expense
Intangible amortization expense is included within D&A.
 
Three Months Ended
 
Nine Months Ended
September 30,
 
September 30,
 
2016
 
2015
 
2016
 
2015
Amortization expense
$
60.9

 
$
181.5

 
$
188.8

 
$
331.8

Software amortization expense is included within D&A.
 
Three Months Ended
 
Nine Months Ended
September 30,
 
September 30,
 
2016
 
2015
 
2016
 
2015
Amortization expense
$
44.2

 
$
32.2

 
$
122.6

 
$
112.0
Reconciliation of the Carrying Amount of Goodwill, by Business Segment
The table below reconciles the change in the carrying amount of goodwill by business segment for the period from
December 31, 2015 to September 30, 2016.
Goodwill
 
Gaming
 
Lottery
 
Interactive
 
Totals
Balance as of December 31, 2015
 
$
2,486.0


$
417.9


$
109.8


$
3,013.7

Foreign currency adjustments
 
(27.1
)
 
4.4

 
—

 
(22.7
)
Balance as of September 30, 2016
 
$
2,458.9


$
422.3


$
109.8


$
2,991.0