Goodwill and Intangible Assets

3 Months Ended

Dec. 28, 2012

8. Goodwill and Intangible Assets

The changes in the carrying amount of goodwill by segment are as follows ($ in millions):

	NA Installation & Services			ROW Installation & Services			Global Products			Total

As of September 30, 2011
Gross Goodwill	$	2,129		$	2,241		$	1,629		$	5,999
Impairments		(126	)		(1,068	)		(567	)		(1,761	)

Carrying Amount of Goodwill		2,003			1,173			1,062			4,238

Acquisitions/ Purchase Accounting Adjustments		—			38			66			104
Currency Translation		8			26			1			35

As of September 28, 2012	$	2,011		$	1,237		$	1,129		$	4,377

Gross Goodwill	$	2,137		$	2,305		$	1,696		$	6,138
Impairments		(126	)		(1,068	)		(567	)		(1,761	)

Carrying Amount of Goodwill		2,011			1,237			1,129			4,377

Acquisitions / Purchase Accounting Adjustments		24			—			(1	)		23
Currency Translation		(2	)		6			2			6

As of December 28, 2012	$	2,033		$	1,243		$	1,130		$	4,406

The following table sets forth the gross carrying amount and accumulated amortization of the Company's intangible assets as of December 28, 2012 and September 28, 2012 ($ in millions):

	As of

	December 28, 2012				September 28, 2012
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Amortizable:
Contracts and related customer relationships	$	1,617	$	1,266	$	1,608	$	1,246
Intellectual property		552		470		552		468
Other		37		11		36		9

Total	$	2,206	$	1,747	$	2,196	$	1,723

Non-Amortizable:
Intellectual property	$	223			$	224
Franchise rights		77				77
Trade names		6				6

Total	$	306			$	307

Intangible asset amortization expense for both quarters ended December 28, 2012 and December 30, 2011 was $25 million.

The estimated aggregate amortization expense on intangible assets is expected to be approximately $74 million for the remainder of 2013, $80 million for 2014, $67 million for 2015, $62 million for 2016, $51 million for 2017 and $125 million for 2018 and thereafter.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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