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Jarden Corporation Annual Report 2013 47
In 2011, in connection with its annual impairment test, the Company recorded within the Branded Consumables segment a non-cash
charge of $1.5 to reect the impairment of certain tradenames within this segment’s Arts and Crafts business and was due to a decline
in forecasted cash ows resulting from a continued deterioration of forecasted sales and protability at its major customers.
The estimated future amortization expense related to amortizable intangible assets at December31, 2013 is as follows:
Amount
(Inmillions)Years Ending December31,
2014 $22.5
2015 22.0
2016 21.5
2017 20.9
2018 20.3
Thereafter 205.1
Amortization of intangibles for 2013, 2012 and 2011 was $21.7, $17.8 and $18.7, respectively. At December31, 2013, approximately $4
billion of the goodwill and other intangible assets recorded by the Company is not deductible for income tax purposes.
During 2011, the Company recorded a $9.1 impairment charge related to the impairment of an equity basis investment. This impairment
charge is classied in the consolidated nancial statement of operations in impairment of goodwill, intangibles and other assets.
7. Other Current Liabilities
Other current liabilities are comprised of the following at December31, 2013 and 2012:
(In millions) 2013 2012
Cooperative advertising, customer rebates and allowances $102.1 $92.9
Warranty and product liability reserves 104.9 108.3
Accrued environmental and other litigation 20.9 22.3
Other 299.6 197.5
 
Total $ 527.5 $421.0
8. Warranty Reserve
Warranty reserve activity for 2013 and 2012 is as follows:
(In millions) 2013 2012
Warranty reserve at January1, $97.1$84.8
Provision for warranties issued 152.8 150.7
Warranty claims paid (151.2)(146.2)
Acquisitions and other adjustments (0.7)7.8
 
Warranty reserve at December31, $98.0$97.1
 
Allocation in the consolidated balance sheets:  
Other current liabilities $86.3$85.9
Other non-current liabilities 11.7 11.2
 
Total $ 98.0$97.1
 
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2013 (Dollars in millions, except per share data and unless otherwise indicated)