Equifax 2009 Annual Report Download - page 55

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Purchased Intangible Assets. Purchased intangible assets net, recorded on our Consolidated Balance Sheets at December 31, 2009 and
2008, are as follows:
December 31, 2009 December 31, 2008
Accumulated Accumulated
(In millions) Gross Amortization Net Gross Amortization Net
Definite-lived intangible assets:
Purchased data files $373.8 $ (240.6) $ 133.2 $ 375.3 $ (225.7) $ 149.6
Acquired software and technology 70.3 (37.1) 33.2 72.2 (34.2) 38.0
Customer relationships 488.0 (70.8) 417.2 426.1 (43.8) 382.3
Proprietary database 125.0 (52.2) 72.8 117.6 (32.0) 85.6
Non-compete agreements 3.3 (0.5) 2.8 6.6 (5.7) 0.9
Trade names and other intangible assets 36.0 (8.2) 27.8 34.1 (8.3) 25.8
Total definite-lived intangible assets $ 1,096.4 $ (409.4) $ 687.0 $ 1,031.9 $ (349.7) $ 682.2
Amortization expense related to purchased intangible assets was $86.7 million during both the twelve months ended December 31, 2009
and 2008, and $65.7 million during the twelve months ended December 31, 2007.
Estimated future amortization expense related to definite-lived purchased intangible assets at December 31, 2009 is as follows:
Years ending December 31,
(In millions) Amount
2010 $ 95.0
2011 87.7
2012 82.0
2013 63.2
2014 51.5
Thereafter 307.6
$ 687.0
EQUIFAX 2009 ANNUAL REPORT 53
11943 Equifax_Financials.indd 53 3/4/10 4:21 PM