diff --git a/idea/idea-gradle/src/org/jetbrains/kotlin/idea/inspections/gradle/DeprecatedGradleDependencyInspection.kt b/idea/idea-gradle/src/org/jetbrains/kotlin/idea/inspections/gradle/DeprecatedGradleDependencyInspection.kt
index 7c3d23fc036..a288e85956a 100644
--- a/idea/idea-gradle/src/org/jetbrains/kotlin/idea/inspections/gradle/DeprecatedGradleDependencyInspection.kt
+++ b/idea/idea-gradle/src/org/jetbrains/kotlin/idea/inspections/gradle/DeprecatedGradleDependencyInspection.kt
@@ -24,6 +24,7 @@ import com.intellij.psi.PsiFile
 import com.intellij.util.text.VersionComparatorUtil
 import org.jetbrains.kotlin.idea.configuration.allModules
 import org.jetbrains.kotlin.idea.configuration.getWholeModuleGroup
+import org.jetbrains.kotlin.idea.configuration.parseExternalLibraryName
 import org.jetbrains.kotlin.idea.inspections.ReplaceStringInDocumentFix
 import org.jetbrains.kotlin.idea.inspections.gradle.GradleHeuristicHelper.PRODUCTION_DEPENDENCY_STATEMENTS
 import org.jetbrains.kotlin.idea.versions.DEPRECATED_LIBRARIES_INFORMATION
@@ -104,7 +105,7 @@ class DeprecatedGradleDependencyInspection : GradleBaseInspection() {
                 var libVersion: String? = null
                 ModuleRootManager.getInstance(moduleInGroup).orderEntries().forEachLibrary { library ->
                     if (library.name?.contains(libMarker) == true) {
-                        libVersion = library.name?.substringAfterLast(":")
+                        libVersion = parseExternalLibraryName(library)?.version
                     }
 
                     // Continue if nothing is found
diff --git a/idea/src/org/jetbrains/kotlin/idea/configuration/KotlinMigrationProjectComponent.kt b/idea/src/org/jetbrains/kotlin/idea/configuration/KotlinMigrationProjectComponent.kt
index 8af45e59cf2..8f27202e926 100644
--- a/idea/src/org/jetbrains/kotlin/idea/configuration/KotlinMigrationProjectComponent.kt
+++ b/idea/src/org/jetbrains/kotlin/idea/configuration/KotlinMigrationProjectComponent.kt
@@ -223,15 +223,10 @@ private fun maxKotlinLibVersion(project: Project): LibInfo? {
                 continue
             }
 
-            val libName = library.name ?: continue
+            val libraryInfo = parseExternalLibraryName(library) ?: continue
 
-            val version = libName.substringAfterLastNullable(":") ?: continue
-            val artifactId = libName.substringBeforeLastNullable(":")?.substringAfterLastNullable(":") ?: continue
-
-            if (version.isBlank() || artifactId.isBlank()) continue
-
-            if (maxStdlibInfo == null || VersionComparatorUtil.COMPARATOR.compare(version, maxStdlibInfo.version) > 0) {
-                maxStdlibInfo = LibInfo(KOTLIN_GROUP_ID, artifactId, version)
+            if (maxStdlibInfo == null || VersionComparatorUtil.COMPARATOR.compare(libraryInfo.version, maxStdlibInfo.version) > 0) {
+                maxStdlibInfo = LibInfo(KOTLIN_GROUP_ID, libraryInfo.artifactId, libraryInfo.version)
             }
         }
 
@@ -258,14 +253,4 @@ private fun collectMaxCompilerSettings(project: Project): LanguageVersionSetting
 
         LanguageVersionSettingsImpl(maxLanguageVersion ?: LanguageVersion.LATEST_STABLE, maxApiVersion ?: ApiVersion.LATEST_STABLE)
     }
-}
-
-fun String.substringBeforeLastNullable(delimiter: String, missingDelimiterValue: String? = null): String? {
-    val index = lastIndexOf(delimiter)
-    return if (index == -1) missingDelimiterValue else substring(0, index)
-}
-
-fun String.substringAfterLastNullable(delimiter: String, missingDelimiterValue: String? = null): String? {
-    val index = lastIndexOf(delimiter)
-    return if (index == -1) missingDelimiterValue else substring(index + 1, length)
 }
\ No newline at end of file
diff --git a/idea/src/org/jetbrains/kotlin/idea/configuration/libraryUtils.kt b/idea/src/org/jetbrains/kotlin/idea/configuration/libraryUtils.kt
new file mode 100644
index 00000000000..3355379b2cf
--- /dev/null
+++ b/idea/src/org/jetbrains/kotlin/idea/configuration/libraryUtils.kt
@@ -0,0 +1,36 @@
+/*
+ * Copyright 2010-2018 JetBrains s.r.o. Use of this source code is governed by the Apache 2.0 license
+ * that can be found in the license/LICENSE.txt file.
+ */
+
+package org.jetbrains.kotlin.idea.configuration
+
+import com.intellij.openapi.roots.libraries.Library
+
+class ExternalLibraryInfo(
+    val artifactId: String,
+    val version: String
+)
+
+fun parseExternalLibraryName(library: Library): ExternalLibraryInfo? {
+    val libName = library.name ?: return null
+
+    val versionWithKind = libName.substringAfterLastNullable(":") ?: return null
+    val version = versionWithKind.substringBefore("@")
+
+    val artifactId = libName.substringBeforeLastNullable(":")?.substringAfterLastNullable(":") ?: return null
+
+    if (version.isBlank() || artifactId.isBlank()) return null
+
+    return ExternalLibraryInfo(artifactId, version)
+}
+
+private fun String.substringBeforeLastNullable(delimiter: String, missingDelimiterValue: String? = null): String? {
+    val index = lastIndexOf(delimiter)
+    return if (index == -1) missingDelimiterValue else substring(0, index)
+}
+
+private fun String.substringAfterLastNullable(delimiter: String, missingDelimiterValue: String? = null): String? {
+    val index = lastIndexOf(delimiter)
+    return if (index == -1) missingDelimiterValue else substring(index + 1, length)
+}