Goodwill and Other Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2014

Goodwill and Other Intangible Assets [Abstract]

Intangible Assets and Goodwill

We have goodwill, amortizable intangible assets and intangible assets that do not require amortization, as follows:

	March 31, 2014						December 31, 2013
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Goodwill(1)	$	1,098.9	$	-	$	1,098.9	$	1,090.9	$	-	$	1,090.9
Intangible assets:
Finite-lived:
Technology	$	19.6	$	19.6	$	-	$	19.6	$	19.6	$	-
Franchise agreements		18.0		18.0		-		18.0		17.9		0.1
Customer relationships		363.4		204.2		159.2		351.5		196.4		155.1
Other		15.4		13.6		1.8		16.2		14.0		2.2
		416.4		255.4		161.0		405.3		247.9		157.4
Indefinite-lived:
Tradenames(2)		54.0		-		54.0		54.0		-		54.0
Reacquired franchise rights		97.5		-		97.5		97.7		-		97.7
		151.5		-		151.5		151.7		-		151.7
Total intangible assets	$	567.9	$	255.4	$	312.5	$	557.0	$	247.9	$	309.1

(1) Balances were net of accumulated impairment loss of $513.4 as of both March 31, 2014 and December 31, 2013.

(2) Balances were net of accumulated impairment loss of $139.5 as of both March 31, 2014 and December 31, 2013.

Goodwill

Changes in the carrying value of goodwill by reportable segment and Corporate were as follows:

	Americas(1)			Southern Europe(2)		Northern Europe			APME		Right Management		Corporate(3)		Total
Balance, January 1, 2014	$	465.9		$	107.8	$	318.2		$	72.0	$	62.1	$	64.9	$	1,090.9
Goodwill acquired		-			-		6.5			0.7		-		-		7.2
Currency and other impacts		(0.7	)		0.2		(0.6	)		1.9		-		-		0.8
Balance, March 31, 2014	$	465.2		$	108.0	$	324.1		$	74.6	$	62.1	$	64.9	$	1,098.9

(1)   Balances related to the United States were $448.5 as of both January 1, 2014 and March 31, 2014.

(2)   Balances related to France were $87.3 and $87.5 as of January 1, 2014 and March 31, 2014, respectively. Balances related to Italy were $5.7 as of both January 1, 2014 and March 31, 2014.

(3)  The majority of the Corporate balance relates to goodwill attributable to our acquisition of Jefferson Wells ($55.5) which is now part of the United States reporting unit. For purposes of monitoring our total assets by segment, we do not allocate the Corporate balance to the respective reportable segments as this is commensurate with how we operate our business. We do, however, include these balances within the appropriate reporting units for our goodwill impairment testing. See table below for the breakout of goodwill balances by reporting unit.

Goodwill Balances by Reporting Unit

Goodwill balances by reporting unit were as follows:

	March 31,		January 1,
	2014		2014
United States	$	504.0	$	504.0
United Kingdom		89.3		84.6
France		87.5		87.3
Netherlands		84.9		84.1
Right Management		62.1		62.1
Other reporting units		271.1		268.8
Total goodwill	$	1,098.9	$	1,090.9