Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v2.4.1.9
Intangible Assets (Tables)
12 Months Ended
Jan. 03, 2015
Intangible Assets
    Weighted
Average
Amortization
Period
    Amortization
Methods
  Cost     Accumulated
Amortization
    Net
Carrying
Amount
 
    Dollars in thousands  

December 2014

         

Amortizable intangible assets:

 

Customer relationships

    20 years      Accelerated   $ 593,575      $ 351,764      $ 241,811   

License agreements

    24 years      Accelerated and

straight-line

    182,873        86,137        96,736   

Other

    9 years      Straight-line     12,138        7,775        4,363   
         

 

 

 

Amortizable intangible assets, net

            342,910   

Indefinite-lived intangible assets:

         

Trademarks and trade names

            2,090,642   
         

 

 

 

Intangible assets, net

          $ 2,433,552   
         

 

 

 
    Weighted
Average
Amortization
Period
    Amortization
Methods
  Cost     Accumulated
Amortization
    Net
Carrying
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   
         

 

 

 
Estimated Amortization Expense

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

 

        Year        

   Amortization Expense  
     In millions  

      2015

   $                     32.3   

      2016

     31.0   

      2017

     29.7   

      2018

     29.1   

      2019

     28.5