Business Combinations (Tables)

12 Months Ended

Jan. 03, 2020

Business Acquisition [Line Items]

Schedule of Business Combination, Separately Recognized Transactions

The following table summarizes the Company’s business combinations completed during fiscal 2019, 2018, and 2017:

Fiscal Years	2019			2018			2017
(In millions)
Fair value of total purchase consideration	$	247.0		$	1,782.9		$	331.2
Less fair value of net assets acquired:
Net tangible assets acquired	6.7			5.0			29.7
Identified intangible assets	104.6			568.3			166.7
Deferred taxes	(3.4		)	(89.2		)	(5.8		)
Goodwill	$	139.1		$	1,298.8		$	140.6

Schedule Of Total Intangible Assets

The following table presents details of the Company’s total intangible assets:

 

		At the End of Fiscal 2019							At the End of Fiscal 2018
(In millions)	Weighted-Average Useful Lives (in years)	Gross Carrying Amount		Accumulated Amortization			Net  Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net  Carrying Amount
Developed product technology	6	$	1,266.7	$	(923.4	)	$	343.3	$	1,220.3	$	(825.3	)	$	395.0
Trade names and trademarks	5	74.8		(59.8		)	15.0		72.9		(53.3		)	19.6
Customer relationships	8	769.8		(465.6		)	304.2		715.1		(406.5		)	308.6
Distribution rights and other intellectual properties	6	79.7		(63.5		)	16.2		84.4		(63.3		)	21.1
		$	2,191.0	$	(1,512.3	)	$	678.7	$	2,092.7	$	(1,348.4	)	$	744.3

Schedule Of Estimated Future Amortization Expense Of Intangible Assets

The estimated future amortization expense of intangible assets at the end of fiscal 2019 is as follows (in millions):

2020	$	152.7
2021	131.6
2022	112.4
2023	98.8
2024	73.1
Thereafter	110.1
Total	$	678.7

Schedule of Goodwill

The changes in the carrying amount of goodwill by segment for fiscal 2019 are as follows:

(In millions)	Buildings and Infrastructure		Geospatial			Resources and Utilities		Transportation			Total
At the end of fiscal 2018	$	1,970.2	$	403.1		$	305.7	$	861.0		$	3,540.0
Additions due to acquisitions	0.3		—			138.8		—			139.1
Purchase price and foreign currency translation adjustments	2.5		(1.6		)	0.9		(0.3		)	1.5
At the end of fiscal 2019	$	1,973.0	$	401.5		$	445.4	$	860.7		$	3,680.6

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the consideration transferred to acquire Viewpoint and e-Builder, the assets acquired, and liabilities assumed, and the estimated useful lives of the identifiable intangible assets as of the date of the acquisition:

	Viewpoint				e-Builder
(In millions)
Total purchase consideration	$	1,212.1			$	485.5
Net tangible assets (liabilities) acquired	(0.6		)		2.0
Intangible assets acquired:				Estimated Useful Life				Estimated Useful Life
Developed product technology	225.4			6 years	60.5			7 years
In-Process Research & Development	12.9			n/a	—
Order backlog	—				1.7			6 months
Customer relationships	158.6			10 years	42.4			10 years
Trade name	8.9			5 years	4.8			7 years
Favorable Lease	4.3			4 - 9 years	—
Subtotal	410.1				109.4
Deferred tax liability	(61.2		)		(18.2		)
Less fair value of all assets/liabilities acquired	348.3				93.2
Goodwill	$	863.8			$	392.3