Annual report pursuant to Section 13 and 15(d)

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

v2.4.1.9
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Amount of Goodwill
Changes in the amount of goodwill for the twelve months ended December 31, 2014 and 2013, are as follows:    
 
U.S.
Information
Solutions
 
International
 
Workforce Solutions
 
North America
Personal
Solutions
 
Total
 
(In millions)
Balance, December 31, 2012 (1)
$
969.4

 
$
385.2

 
$
934.0

 
$
1.8

 
$
2,290.4

Acquisitions
—

 
40.8

 
—

 
14.5

 
55.3

Adjustments to initial purchase price allocation
87.5

 
(0.1
)
 
—

 
0.4

 
87.8

Foreign currency translation
—

 
(8.0
)
 
—

 
—

 
(8.0
)
Tax benefits of options exercised
—

 
—

 
(0.2
)
 
—

 
(0.2
)
Businesses sold
(2.7
)
 
(1.4
)
 
(26.1
)
 
—

 
(30.2
)
Balance, December 31, 2013(1)
1,054.2

 
416.5

 
907.7

 
16.7

 
2,395.1

Acquisitions
66.4

 
173.8

 
—

 
—

 
240.2

Adjustments to initial purchase price allocation
—

 
2.1

 
—

 
—

 
2.1

Foreign currency translation
—

 
(30.5
)
 
—

 
—

 
(30.5
)
Tax benefits of options exercised
—

 
—

 
(0.1
)
 
—

 
(0.1
)
Balance, December 31, 2014
$
1,120.6

 
$
561.9

 
$
907.6

 
$
16.7

 
$
2,606.8


(1)    The December 31, 2013 and 2012 balances have been recast to reflect the new organizational structure. As of December 31, 2013, the USIS and International goodwill include $21.7 million and $15.5 million of goodwill, respectively, from the legacy NACS segment. As of December 31, 2012, the USIS and International goodwill include $21.7 million and $15.9 million of goodwill, respectively, from the legacy NACS segment.
Schedule of Indefinite-Lived Intangible Assets
Our 2014 annual impairment test completed during the third quarter of 2014 resulted in no impairment of indefinite-lived intangible assets.  
 
Amount
 
(In millions)
Balance, December 31, 2012
$
254.5

Purchase price adjustment
(158.8
)
Foreign currency translation
(0.2
)
Balance, December 31, 2013
95.5

Foreign currency translation
(0.3
)
Balance, December 31, 2014
$
95.2

Purchased Intangible Assets
Purchased intangible assets net, recorded on our Consolidated Balance Sheets at December 31, 2014 and 2013, are as follows:
 
December 31, 2014
 
December 31, 2013
 
Gross
 
Accumulated
Amortization
 
Net
 
Gross
 
Accumulated
Amortization
 
Net
Definite-lived intangible assets:
(In millions)
Purchased data files
$
692.0

 
$
(218.8
)
 
$
473.2

 
$
709.5

 
$
(187.4
)
 
$
522.1

Acquired software and technology
53.9

 
(26.4
)
 
27.5

 
38.4

 
(20.2
)
 
18.2

Customer relationships
570.7

 
(204.3
)
 
366.4

 
506.7

 
(166.5
)
 
340.2

Reacquired rights
73.3

 
(26.3
)
 
47.0

 
73.3

 
(13.1
)
 
60.2

Proprietary database
7.4

 
(5.4
)
 
2.0

 
7.4

 
(5.0
)
 
2.4

Non-compete agreements
27.0

 
(11.8
)
 
15.2

 
20.2

 
(7.8
)
 
12.4

Trade names and other intangible assets
51.1

 
(28.5
)
 
22.6

 
41.7

 
(24.0
)
 
17.7

Total definite-lived intangible assets
$
1,475.4

 
$
(521.5
)
 
$
953.9

 
$
1,397.2

 
$
(424.0
)
 
$
973.2

Estimated Future Amortization Expense
Estimated future amortization expense related to definite-lived purchased intangible assets at December 31, 2014 is as follows:
Years ending December 31,
Amount
 
(In millions)
2015
$
123.0

2016
114.8

2017
102.8

2018
84.3

2019
65.1

Thereafter
463.9

 
$
953.9