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48 Jarden Corporation Annual Report 2014
In the fourth quarter of 2014, the Company’s annual impairment test, in connection with certain fourth quarter triggering events,
resulted in non-cash charges to reect impairment of intangible assets related to certain of the Company’s tradenames. The impairment
charges were allocated to the Company’s reporting segments as follows.
2014(In millions)
Impairment of intangibles
Branded Consumables $ 13.9
Consumer Solutions 0.7
Outdoor Solutions 9.9
Process Solutions 0.9
$ 25.4
Impairments – 2014
In the Branded Consumables segment, the impairment charge recorded relates to certain tradenames primarily associated with this
segment’s home care and safety and security businesses. The impairment was due to a decrease in the fair value of forecasted cash
ows, primarily resulting from the deterioration of revenues and margins related to these tradenames. In the Outdoor Solutions
segment, the impairment charge recorded relates primarily to certain tradenames within this segment’s team sports and winter sports
business, primarily a result of the deterioration of revenues and margins related to these tradenames.
The estimated future amortization expense related to amortizable intangible assets at December31, 2014 is as follows:
Amount
(Inmillions)Years Ending December31,
2015 $35.0
2016 34.5
2017 33.9
2018 33.3
2019 32.4
Thereafter 317.0
Amortization of intangibles for 2014, 2013 and 2012 was $27.5, $21.7 and $17.8, respectively. At December31, 2014, approximately $4
billion of the goodwill and other intangible assets recorded by the Company is not deductible for income tax purposes.
7. Other Current Liabilities
Other current liabilities are comprised of the following at December31, 2014 and 2013:
(In millions) 2014 2013
Cooperative advertising, customer rebates and allowances $118.5 $102.1
Warranty and product liability reserves 102.9 104.9
Accrued environmental and other litigation 20.4 20.9
Other 235.5 299.6
 
Total $ 477.3 $527.5
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2014 (Dollars in millions, except per share data and unless otherwise indicated)