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AOL INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTE 3—GOODWILL AND INTANGIBLE ASSETS
A summary of changes in the Company’s goodwill during the years ended December 31, 2014 and 2013 is
as follows (in millions):
December 31,
2013 Acquisitions Dispositions
Translation
and Other
Adjustments
December 31,
2014
Brand Group
Gross Goodwill ................................ $ 283.5 $ — $ (1.9) $ — $ 281.6
Net Goodwill ................................. 283.5 — (1.9) — 281.6
Membership Group
Gross Goodwill ................................ 605.0 — — (1.7) 603.3
Net Goodwill ................................. 605.0 — — (1.7) 603.3
AOL Platforms
Gross Goodwill ................................ 473.2 173.9 — (7.6) 639.5
Net Goodwill ................................. 473.2 173.9 — (7.6) 639.5
Patch
Gross Goodwill ................................ 17.5 — (17.5) — —
Impairments .................................. (17.5) — 17.5 — —
Net Goodwill ................................. — — — — —
Corporate and Other
Gross Goodwill ................................ 35,625.1 — — — 35,625.1
Impairments .................................. (35,625.1) — — — (35,625.1)
Net Goodwill ................................. — — — — —
Consolidated
Gross Goodwill ................................ 37,004.3 173.9 (19.4) (9.3) 37,149.5
Impairments .................................. (35,642.6) — 17.5 — (35,625.1)
Net Goodwill ................................. $ 1,361.7 $ 173.9 $ (1.9) $ (9.3) $ 1,524.4
December 31,
2012 Acquisitions Dispositions Impairments
Translation
and Other
Adjustments
December 31,
2013
Brand Group
Gross Goodwill ................... $ 282.2 $ 1.5 $ (0.2) $ — $ — $ 283.5
Net Goodwill ..................... 282.2 1.5 (0.2) — — 283.5
Membership Group
Gross Goodwill ................... 604.2 — — — 0.8 605.0
Net Goodwill ..................... 604.2 — — — 0.8 605.0
AOL Platforms
Gross Goodwill ................... 180.2 295.1 (3.5) — 1.4 473.2
Net Goodwill ..................... 180.2 295.1 (3.5) — 1.4 473.2
Patch
Gross Goodwill ................... 17.5 — — — — 17.5
Impairments ...................... — — — (17.5) — (17.5)
Net Goodwill ..................... 17.5 — — (17.5) — —
Corporate and Other
Gross Goodwill ................... 35,625.1 — — — — 35,625.1
Impairments ...................... (35,625.1) — — — — (35,625.1)
Net Goodwill ..................... — — — — — —
Consolidated
Gross Goodwill ................... 36,709.2 296.6 (3.7) — 2.2 37,004.3
Impairments ...................... (35,625.1) — — (17.5) — (35,642.6)
Net Goodwill ..................... $ 1,084.1 $ 296.6 $ (3.7) $ (17.5) $ 2.2 $ 1,361.7
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