Danaher 2009 Annual Report Download - page 79

Table of Contents
The following table shows the rollforward of goodwill reflected in the financial statements resulting from the Company’s acquisition activities for 2007, 2008,
and 2009 ($ in millions).
 $6,560
Attributable to 2007 acquisitions 2,455
Adjustments due to finalization of purchase price allocations (12)
Effect of foreign currency translation 238
 $9,241
Attributable to 2008 acquisitions 265
Adjustments due to finalization of purchase price allocations (20)
Effect of foreign currency translation (275)
 $9,211
Attributable to 2009 acquisitions 423
Adjustments due to finalization of purchase price allocations (21)
Effect of foreign currency translation 205
 $9,818
The carrying value of goodwill by segment as of December 31 is summarized as follows ($ in millions):
  
Professional Instrumentation $4,028 $3,802
Medical Technologies 3,555 3,242
Industrial Technologies 2,041 1,973
Tools & Components 194 194
$9,818 $9,211
Intangible assets are amortized over their legal or estimated useful life. The following summarizes the gross carrying value and accumulated amortization for
each major category of intangible asset ($ in millions):
 











Patents & technology $597 $ (215) $494 $(143)
Other intangibles (primarily customer relationships) 1,354 (338) 1,238 (248)
Total finite – lived intangibles 1,951 (553) 1,732 (391)

Trademarks & trade names 1,258 — 1,178 —
$ 3,209 $ (553) $2,910 $(391)
Total intangible amortization expense in 2009, 2008 and 2007 was $157 million, $145 million and $95 million, respectively. Based on the intangible assets
recorded as of December 31, 2009, amortization expense is estimated to be $166 million during 2010, $158 million during 2011, $150 million during 2012,
$142 million during 2013 and $135 million during 2014.
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Source: DANAHER CORP /DE/, 10-K, February 24, 2010 Powered by Morningstar® Document Research℠
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