text: **REPUBLIC SERVICES, INC. AND SUBSIDIARIES**
  
  **NOTES TO CONSOLIDATED FINANCIAL STATEMENTS**
  **(All tables in millions, except per share data) Ì (Continued)**
  
  landÑll airspace. Therefore, certain events could occur in the ordinary course of business and not necessarily be 
  considered indicators of impairment due to the unique nature of the waste industry. 
  
  The Company uses an estimate of the related undiscounted cash Öows over the remaining life of the 
  property and equipment in assessing their recoverability. The Company measures impairment loss as the 
  amount by which the carrying amount of the asset exceeds the fair value of the asset. 
  
  **Intangible Assets**
  
  Intangible assets consist of the cost of acquired businesses in excess of the fair value of net assets acquired 
  and other intangible assets. Other intangible assets include values assigned to customer relationships, long- 
  term contracts and covenants not to compete and are amortized generally over periods ranging from 3 to 
  25 years. 
  
  The following table summarizes the activity in the intangible asset and related accumulated amortization 
  accounts for the years ended December 31, 2003 and 2004: 
  
  **Gross Intangible Assets**
  **Other** **Goodwill** **Total**
  
  $1,687.7 
  
  $40.0 
  Ì 
  3.1 
  .1 
  Ì 
  
  $1,727.7 
  
  (6.9) 
  21.2 
  Ì 
  (.5)  (6.9) 
  24.3 
  .1 
  (.5) 
  
  Balance, December 31, 2003 ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ  $1,701.5  $43.2  $1,744.7 