(in Millions) | FMC Agricultural Solutions | FMC Health and Nutrition | FMC Minerals | Total | ||||||||||
Balance, December 31, 2011 | $ | 12.4 | $ | 197.0 | $ | — | 209.4 | |||||||
Acquisitions | 19.5 | 42.9 | — | 62.4 | ||||||||||
Foreign currency adjustments | 0.2 | 6.3 | — | 6.5 | ||||||||||
Purchase price allocation adjustments (See Note 3) | (1.1 | ) | 0.4 | — | (0.7 | ) | ||||||||
Balance, December 31, 2012 | $ | 31.0 | $ | 246.6 | $ | — | 277.6 | |||||||
Acquisitions | — | 99.4 | — | 99.4 | ||||||||||
Foreign currency adjustments | — | 12.4 | — | 12.4 | ||||||||||
Balance, December 31, 2013 | $ | 31.0 | $ | 358.4 | $ | — | 389.4 |
December 31, 2013 | December 31, 2012 | |||||||||||||||||||||||
(in Millions) | Weighted avg. useful life at December 31, 2013 | Gross | Accumulated Amortization | Net | Gross | Accumulated Amortization | Net | |||||||||||||||||
Intangible assets subject to amortization (finite-lived) | ||||||||||||||||||||||||
Customer relationships | 19 years | $ | 159.3 | $ | (15.2 | ) | $ | 144.1 | $ | 126.6 | $ | (8.1 | ) | $ | 118.5 | |||||||||
Patents | 12 years | 0.4 | — | 0.4 | 0.4 | — | 0.4 | |||||||||||||||||
Trademarks and trade names | 3 years | 1.3 | (0.4 | ) | 0.9 | 1.2 | (0.1 | ) | 1.1 | |||||||||||||||
Purchased and licensed technologies | 11 years | 75.6 | (19.3 | ) | 56.3 | 59.1 | (14.0 | ) | 45.1 | |||||||||||||||
Other intangibles | 12 years | 4.3 | (2.8 | ) | 1.5 | 4.1 | (1.9 | ) | 2.2 | |||||||||||||||
$ | 240.9 | $ | (37.7 | ) | $ | 203.2 | $ | 191.4 | $ | (24.1 | ) | $ | 167.3 |
Intangible assets not subject to amortization (indefinite life) | ||||||||||||||||||||||||
Trademarks and trade names | $ | 67.0 | $ | 67.0 | $ | 36.3 | $ | 36.3 | ||||||||||||||||
In-process research & development | 2.1 | 2.1 | 2.1 | 2.1 | ||||||||||||||||||||
$ | 69.1 | $ | 69.1 | $ | 38.4 | $ | 38.4 | |||||||||||||||||
Total intangible assets | $ | 310.0 | $ | (37.7 | ) | $ | 272.3 | $ | 229.8 | $ | (24.1 | ) | $ | 205.7 |
(in Millions) | Finite-lived | Indefinite life | |||||
FMC Agricultural Solutions | $ | 107.4 | $ | 35.2 | |||
FMC Health and Nutrition | 94.6 | 33.9 | |||||
FMC Minerals | 1.2 | — | |||||
Total | $ | 203.2 | $ | 69.1 |