Company: CHD
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000950170-25-019801
Chunk: 211

Company: CHURCH & DWIGHT CO INC /DE/
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 211
---
.5

        Inventory
         
        25.4

        Other current assets
         
        1.2

        Property, plant and equipment
         
        0.4

        Trade name
         
        400.0

        Other intangible assets
         
        71.9

        Goodwill
         
        156.1

        Accounts payable and accrued expenses
         
        (1.1
        )

        Deferred and Other Long-term Liabilities
         
        (1.4
        )

        Deferred income taxes
         
        (117.2
        )

        Business acquisition liabilities - long-term
         
        (8.0
        )

        Cash purchase price (net of cash acquired)
        $
        546.8

       The trade name and other intangible assets were valued using a discounted cash flow model. The trade name and other intangible assets recognized from the Hero Acquisition have useful lives which range from 10 - 20 years. The goodwill is a result of expected synergies from 

69

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)(In millions, except share and per share data) 

combined operations of the acquired business and the Company. Pro forma results are not presented because the impact of the acquisition is not material to the Company’s consolidated financial results. The goodwill and other intangible assets associated with the Hero Acquisition are not deductible for U.S. tax purposes.

7.Goodwill and Other Intangibles, Net  The Company has intangible assets of substantial value on its consolidated balance sheet.  These intangible assets are generally related to intangible assets with a useful life, indefinite-lived trade names and goodwill.  The Company determines whether an intangible asset (other than goodwill) has a useful life based on multiple factors, including how long the Company intends to generate cash flows from the asset. These intangible assets are more fully explained in the following sections.   Intangible Assets With a Useful Life The following table provides information related to the carrying value of amortizable intangible assets:  

        December 31, 2024

        December 31, 2023

        Gross

        Amortization
         
        Gross

        Carrying

        Accumulated

        Period
         
        Carrying

        Accumulated

        Amount

        Amortization