Cardinal Health 2011 Annual Report Download - page 83

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T
he increase in identifiable intangible assets during fiscal 2011 is primarily due to the acquisitions o
f
K
i
nray, Yong Yu an
d
P4 Hea
l
t
h
care. See Note 2
f
or
f
urt
h
er
di
scuss
i
on o
f
t
h
ese acqu
i
s
i
t
i
ons.
Th
e
f
o
ll
ow
i
ng ta
bl
e summar
i
zes amort
i
zat
i
on expense
d
ur
i
ng
fi
sca
l
2011, 2010 an
d
2009
:
F
iscal Year Ende
d
J
une
30,
(
in millions
)
2
0
1
1
2
0
1
0
2009
Amort
i
zat
i
on expens
e
.
....................................................
.
$
67.7
$
11.2
$
15.0
A
mort
i
zat
i
on expense
f
or eac
h
o
f
t
h
e next
fi
ve
fi
sca
l
years
i
s est
i
mate
d
to
b
e
:
(
in millions
)
2012
2013
2014
2015
2016
Amortization ex
p
ens
e
.........................................
$
74.3 $64.8 $56.6 $41.3 $34.0
7
. HELD-T
O
-MAT
U
RITY INVE
S
TMENT
S
A
s of June 30, 2011, our held-to-maturit
y
investments included fixed income debt securities with an
a
mortized cost of
$
142.0 million. The short-term portion of
$
93.2 million is included within prepaid expense
s
a
nd other in our consolidated balance sheet. The lon
g
-term portion of
$
48.8 million is included within other lon
g-
term assets in our consolidated balance sheet. These investments var
y
in maturit
y
date, ran
g
in
g
from three t
o
s
i
xteen mont
h
s, an
d
pay
i
nterest sem
i
-annua
ll
y. T
h
e
h
e
ld
-to-matur
i
ty
i
nvestments are state
d
at amort
i
ze
d
cost
,
w
hi
c
h
approx
i
mates
f
a
i
rva
l
ue. T
h
ere were no
h
e
ld
-to-matur
i
t
yi
nvestments as o
f
June 30, 2010.
8
. LONG-TERM OBLIGATION
S
AND OTHER
S
HORT-TERM BORROWING
S
Lon
g
-term obli
g
ations and other short-term borrowin
g
s consist of the followin
g
as of June 30, 2011 and
2010
:
June 30,
(
in millions)
2011
2010
4.00% Notes due 201
5
.
.....................................................
$
5
36.6 $ 534.7
4.
6
2
5
% Notes due 2
0
2
0
.....................................................
500
.1
0
.
0
5
.
50
% Notes due 2
0
1
3
......................................................
306.
9
305.1
5
.6
5
% Notes due 2012
......................................................
2
11.7 216.1
5
.
80
% Notes due 2
0
1
6
.
..................................................... 306.9 308.9
5
.
85
% Notes due 2
0
17
......................................................
158
.
0
1
58
.
0
6.00% Notes due 2017
......................................................
2
09.6 213.1
6
.7
5
% Notes due 2
0
11
.
.....................................................
0
.
0
2
1
8
.7
7
.
80
% Debentures due 2
0
1
6
..................................................
3
7.
144
.
1
7
.00% Debentures due 202
6
..................................................
1
24.
5
124.
5
Ot
h
er o
bli
gat
i
on
s
...........................................................
1
1
0
.
66
.1
Tota
l
....................................................................
2,
5
02.0 2,129.3
Less: current port
i
on an
d
ot
h
er s
h
ort-term
b
orrow
i
ng
s
..............................
3
2
6
.7 2
33
.2
Long-term obligations, less current portion
.
.....................................
$
2
,
175.3
$
1
,
896.1
Maturities of lon
g
-term obli
g
ations and other short-term borrowin
g
s for the next five fiscal
y
ears an
d
t
h
erea
f
ter are as
f
o
ll
ows:
(
in millions
)
2012
2013
2014
201
5
2016
Therea
f
ter Tota
l
Matur
i
t
i
es o
fl
on
g
-term o
blig
at
i
ons an
d
ot
h
e
r
short-term borrowin
g
s
...................
$
326.7 $310.7 $1.3 $532.8 $0.0 $1,330.5 $2,502.0
5
7