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Management’s฀Discussion฀and฀AnalysisThe฀Procter฀&฀Gamble฀Company฀and฀Subsidiaries
50
Other฀minor฀business฀purchases฀and฀intangible฀asset฀acquisitions฀฀
totaled฀$572,฀$384฀and฀$61฀in฀2005,฀2004฀and฀2003,฀respectively.
Note฀3฀Goodwill฀and฀Intangible฀Assets
The฀change฀in฀the฀net฀carrying฀amount฀of฀goodwill฀for฀the฀years฀ended฀
June฀30,฀2005฀and฀2004฀by฀business฀was฀as฀follows:
Identifiable฀intangible฀assets฀as฀of฀June฀30,฀2005฀and฀2004฀were฀฀
comprised฀of:
The฀amortization฀of฀intangible฀assets฀for฀the฀years฀ended฀June฀30,฀
2005,฀2004฀and฀2003฀was฀$198,฀$165฀and฀$100,฀respectively.฀฀
Estimated฀amortization฀expense฀over฀the฀next฀five฀years฀is฀as฀follows:฀
2006-$203;฀2007-$171;฀2008-$159;฀2009-$149฀and฀2010-$144.฀Such฀
estimates฀do฀not฀reflect฀the฀impact฀of฀future฀foreign฀exchange฀rate฀
changes฀and฀the฀Gillette฀acquisition.
Note฀4฀Supplemental฀Financial฀Information
Selected฀components฀of฀current฀and฀non-current฀liabilities฀were฀as฀follows:
Notes฀to฀Consolidated฀Financial฀StatementsThe฀Procter฀&฀Gamble฀Company฀and฀Subsidiaries
Millions฀of฀dollars฀except฀per฀share฀amounts฀or฀otherwise฀specified.
฀ ฀ ฀ ฀ June฀30
฀ ฀ ฀ ฀  2004
Accrued฀and฀Other฀Current฀Liabilities฀ ฀
Marketing฀and฀promotion฀ ฀ $1,876
Liability฀under฀Wella฀฀ ฀
฀ Domination฀Agreement฀ ฀ 1,106
Compensation฀expenses฀ ฀ 1,049
Other฀ ฀฀ ฀ 3,658
฀ ฀ ฀ ฀ ฀ 7,689
฀ ฀
Other฀Non-Current฀Liabilities฀ ฀
Pension฀benefits฀ ฀ $1,798
Other฀postretirement฀benefits฀ ฀ 142
Other฀ ฀ ฀ 868
฀ ฀ ฀ ฀ ฀ 2,808฀
฀ ฀ ฀ June฀30,฀2005฀ June฀30,฀2004
฀ ฀ ฀ Gross฀Carrying฀ Accumulated฀ Gross฀Carrying฀ Accumulated
฀ ฀ ฀ Amount฀ Amortization฀ Amount฀ Amortization
Intangible฀Assets฀with
฀ Determinable฀Lives
Trademarks
฀฀฀ $1,012฀ $155
Patents฀and฀technology
฀฀฀ 518฀ 250
Other฀ ฀฀ 554฀ 165
฀ ฀ ฀฀ 2,084฀ 570
Trademarks฀with
฀ Indefinite฀Lives฀
฀฀฀ 2,776฀ –
฀ ฀฀ ฀฀ 4,860฀ 570฀
฀฀ ฀ ฀ 2004
Total฀P&G฀Beauty,฀beginning฀of฀year฀ ฀ $6,600
฀ ฀ Acquisitions฀ ฀ ฀ 7,277
฀ ฀ Translation฀and฀other฀ ฀ ฀ 580
฀฀ ฀ ฀ 14,457
฀ ฀ Health฀Care,฀beginning฀of฀year฀ ฀ ฀ 2,908
฀ ฀ Acquisitions฀ ฀ ฀ 386
฀ ฀ Translation฀and฀other฀ ฀ ฀ 21
   3,315
฀ ฀ Baby฀Care฀and฀Family฀Care,฀beginning฀of฀year฀ ฀ 884
฀ ฀ Acquisitions฀ ฀ ฀ 19
฀ ฀ Translation฀and฀other฀ ฀ ฀ 38
   941
Total฀P&G฀Family฀Health,฀beginning฀of฀year฀฀ ฀ 3,792
฀ ฀ Acquisitions฀ ฀ ฀ 405
฀ ฀ Translation฀and฀other฀ ฀ ฀ 59
   4,256
฀ ฀ Fabric฀Care฀and฀Home฀Care,฀beginning฀of฀year฀ ฀ 460
฀ ฀ Acquisitions฀ ฀ ฀ 148
฀ ฀ Translation฀and฀other฀ ฀ ฀ 6
   614
฀ ฀ Snacks฀and฀Coffee,฀beginning฀of฀year฀ ฀ ฀ 280
฀ ฀ Divestitures฀ ฀ ฀ -
฀ ฀ Translation฀and฀other฀ ฀ ฀ 3
   283
Total฀P&G฀Household฀Care,฀฀
฀฀฀฀beginning฀of฀year฀ ฀ ฀ 740
฀ ฀ Acquisitions฀and฀divestitures฀ ฀ ฀ 148
฀ ฀ Translation฀and฀other฀ ฀ ฀ 9
   897
Goodwill,฀Net,฀beginning฀of฀year฀ ฀ ฀ 11,132
฀ ฀ Acquisitions฀and฀divestitures฀  ฀ 7,830
฀ ฀ Translation฀and฀other฀ ฀ ฀ 648
   ฀19,610฀