Goodwill and Other Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill activity for the nine months ended September 30, 2017 is as follows (in millions):


Segment	Balance at December 31, 2016		Acquisitions		Other Adjustments (1)			Impairment (2)		Foreign Currency		Balance at September 30, 2017
Live	$	3,639.9	$	172.8	$	45.8		$	—	$	25.3	$	3,883.8
Learn		2,785.4		—		3.9			—		56.6		2,845.9
Work		1,871.0		—		(16.9	)		—		29.8		1,883.9
Play		1,161.4		—		(7.6	)		—		5.1		1,158.9
Other		761.2		—		(9.7	)		—		2.5		754.0

	$	10,218.9	$	172.8	$	15.5		$	—	$	119.3	$	10,526.5

(1)	Comprised primarily of adjustments related to the Jarden Acquisition, whose purchase price allocation was finalized during the second quarter of 2017 (see Footnote 2).

(2)	See Footnote 3 for impairment charges related to assets held for sale.

Schedule of Other Intangible Assets, Net

Other intangible assets, net are comprised of the following as of the dates indicated (in millions):


	September 30, 2017							December 31, 2016
	Gross Carrying Amount (1)		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
Trade names — indefinite life	$	10,199.3	$	—		$	10,199.3	$	9,935.1	$	—		$	9,935.1
Trade names — other		375.5		(52.2	)		323.3		286.3		(34.2	)		252.1
Capitalized software		545.5		(331.4	)		214.1		482.0		(252.9	)		229.1
Patents and intellectual property		253.6		(133.3	)		120.3		227.9		(105.0	)		122.9
Customer relationships and distributor channels		3,703.8		(333.5	)		3,370.3		3,761.7		(204.0	)		3,557.7
Other		134.6		(54.3	)		80.3		25.9		(11.0	)		14.9

	$	15,212.3	$	(904.7	)	$	14,307.6	$	14,718.9	$	(607.1	)	$	14,111.8

(1)

At September 30, 2017, the amounts attributable to the Jarden Acquisition are as follows: trade names — indefinite life — $9.4 billion; trade names — other — $247 million; capitalized software — $63.0 million; patents and intellectual property — $99.1 million; customer relationships and distributor channels — $3.5 billion; and, other intangible assets — $124 million.

Summary of Amortization Periods for Other Intangible Assets, Including Capitalized Software

The table below summarizes the Company’s amortization periods for other intangible assets, including capitalized software, as of September 30, 2017:


		Amortization Periods (in years)
Trade names — indefinite life		N/A
Trade names — other		3–30 years
Capitalized software		3–12 years
Patents and intellectual property		3–14 years
Customer relationships & distributor channels		3–30 years
Other		3–5 years