Cardinal Health 2009 Annual Report Download - page 108
Download and view the complete annual report
Please find page 108 of the 2009 Cardinal Health annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
 |
 |
Intangible Assets
Intangible assets with definite lives are amortized over their useful lives which range from three to twenty
one years. The detail of other intangible assets by class for the two years ended June 30, 2009 is as follows:
(in millions)
Gross
Intangible
Accumulated
Amortization
Net
Intangible
June 30, 2008
Unamortized intangibles:
Trademarks and patents .................................. $ 372.2 $ 0.4 $ 371.8
Total unamortized intangibles ................................. 372.2 0.4 371.8
Amortized intangibles:
Trademarks and patents ...................................... 256.0 82.1 173.9
Non-compete agreements ..................................... 6.7 3.7 3.0
Customer relationships ....................................... 555.9 127.1 428.8
Other ..................................................... 141.0 65.5 75.5
Total amortized intangibles ....................................... 959.6 278.4 681.2
Total intangibles ........................................ $1,331.8 $278.8 $1,053.0
June 30, 2009
Unamortized intangibles:
Trademarks and patents .................................. $ 353.7 $ 0.4 $ 353.3
Total unamortized intangibles ................................. 353.7 0.4 353.3
Amortized intangibles:
Trademarks and patents .................................. 282.8 107.8 175.0
Non-compete agreements ................................. 7.0 4.2 2.8
Customer relationships ................................... 551.4 171.0 380.4
Other ................................................. 151.4 74.0 77.4
Total amortized intangibles ................................... 992.6 357.0 635.6
Total intangibles ........................................ $1,346.3 $357.4 $ 988.9
There were no significant acquisitions of other intangible assets during the period presented. Amortization
expense for the fiscal 2009, 2008 and 2007 was approximately $89.2 million, $81.4 million and $57.0 million,
respectively.
Amortization expense for each of the next five fiscal years is estimated to be:
(in millions) 2010 2011 2012 2013 2014
Amortization expense ....................................... $88.7 $90.4 $82.6 $58.5 $51.9
86