Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

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Intangible Assets (Tables)
12 Months Ended
Dec. 28, 2013
Intangible Assets
    Weighted                        
    Average                     Net  
    Amortization     Amortization         Accumulated     Carrying  
    Period     Methods   Cost     Amortization     Amount  
    Dollars in thousands  

December 2013

         

Amortizable intangible assets:

         

Customer relationships

    20 years      Accelerated   $ 627,670      $ 210,231      $ 417,439   

License agreements

    24 years      Accelerated and
straight-line
    184,167        76,378        107,789   

Other

    8 years      Straight-line     16,057        9,533        6,524   
         

 

 

 

Amortizable intangible assets, net

            531,752   

Indefinite-lived intangible assets:

         

Trademarks and trade names

            2,428,449   
         

 

 

 

Intangible assets, net

          $ 2,960,201   
         

 

 

 
    Weighted                        
    Average                     Net  
    Amortization     Amortization         Accumulated     Carrying  
    Period     Methods   Cost     Amortization     Amount  
    Dollars in thousands  

December 2012

         

Amortizable intangible assets:

         

Customer relationships

    19 years      Accelerated   $ 615,782      $ 173,336      $ 442,446   

License agreements

    24 years      Accelerated and
straight-line
    183,854        68,112        115,742   

Other

    8 years      Straight-line     15,944        7,196        8,748   
         

 

 

 

Amortizable intangible assets, net

            566,936   

Indefinite-lived intangible assets:

         

Trademarks and trade names

            2,350,122   
         

 

 

 

Intangible assets, net

          $ 2,917,058   
         

 

 

 
Estimated Amortization Expense

Estimated amortization expense for the next five years is as follows:

 

        Year        

   Amortization Expense  
     In millions  

      2014

   $                     43.8   

      2015

     41.8   

      2016

     40.5   

      2017

     39.3   

      2018

     38.7