Goodwill and Identifiable Assets (Tables)

6 Months Ended

Jun. 30, 2015

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Goodwill Balances by Segment Reporting Structure

The following table shows our goodwill balances by our segment reporting structure. We review goodwill for impairment on a reporting unit basis annually during the fourth quarter of each year and whenever events or changes in circumstances indicate the carrying value of goodwill may not be recoverable. As of June 30, 2015, we did not identify any changes in circumstances that would indicate the carrying value of goodwill may not be recoverable.

(In millions)	Food Care			Diversey Care			Product Care			Other			Total
Gross Carrying Value at December 31, 2014⁽¹⁾	$	812.8		$	1,900.8		$	1,371.2		$	4.8		$	4,089.6
Acquisition		—			6.6			—			—			6.6
Dispositions		—			—			(0.8	)		—			(0.8	)
Currency translation		(3.1	)		(38.5	)		0.3			(3.4	)		(44.7	)
Gross Carrying Value at June 30, 2015		809.7			1,868.9			1,370.7			1.4			4,050.7
Accumulated impairment		(208.0	)		(883.0	)		—			—			(1,091.0	)
Carrying Value at June 30, 2015	$	601.7		$	985.9		$	1,370.7		$	1.4		$	2,959.7

⁽¹⁾	Excludes North American foam trays and absorbent pads business goodwill. Refer to Note 3, “Divestitures and Acquisitions” of the notes to condensed consolidated financial statements for further details.

Summary of Identifiable Intangible Assets with Definite and Indefinite Useful Lives

The following tables summarize our identifiable intangible assets with definite and indefinite useful lives. As of June 30, 2015, there were no impairment indicators present.

	June 30, 2015										December 31, 2014⁽²⁾
	Gross										Gross
	Carrying		Accumulated			Accumulated					Carrying		Accumulated			Accumulated
(In millions)	Value		Amortization			Impairment			Net		Value		Amortization			Impairment			Net
Customer relationships	$	870.8	$	(233.0	)	$	(148.9	)	$	488.9	$	890.8	$	(210.8	)	$	(148.9	)	$	531.1
Trademarks and trade names		1.2		(0.3	)		—			0.9		1.3		(0.2	)		—			1.1
Technology		279.3		(179.7	)		(22.2	)		77.4		266.4		(167.0	)		(22.2	)		77.2
Contracts		44.5		(30.5	)		—			14.0		40.6		(28.9	)		—			11.7
Total intangible assets with definite lives		1,195.8		(443.5	)		(171.1	)		581.2		1,199.1		(406.9	)		(171.1	)		621.1
Trademarks and trade names with indefinite lives⁽¹⁾		881.4		—			(630.2	)		251.2		881.3		—			(630.2	)		251.1
Total	$	2,077.2	$	(443.5	)	$	(801.3	)	$	832.4	$	2,080.4	$	(406.9	)	$	(801.3	)	$	872.2

⁽¹⁾	The intangible assets include $251 million of trademarks and trade names that we have determined to have indefinite useful lives, primarily acquired in connection with the acquisition of Diversey.

⁽²⁾	Excludes North American foam trays and absorbent pads business intangible assets. Refer to Note 3, “Divestitures and Acquisitions” of the notes to condensed consolidated financial statements for further details.

Remaining Estimated Future Amortization Expense

The following table shows the remaining estimated future amortization expense at June 30, 2015.

Year	Amount (in millions)
2015	$	45.0
2016		84.8
2017		78.1
2018		65.2
Thereafter		308.1
Total	$	581.2