Goodwill and Identifiable Assets (Tables)

9 Months Ended

Sep. 30, 2016

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 September 30, 2016, 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, 2015	$	804.3		$	1,820.9		$	1,373.7		$	1.6		$	4,000.5
Accumulated impairment		(208.0	)		(883.0	)		—			—			(1,091.0	)
Carrying Value at December 31, 2015	$	596.3		$	937.9		$	1,373.7		$	1.6		$	2,909.5
Acquisitions and related adjustments		8.4			—			—			—			8.4
Dispositions		—			—			(1.1	)		—			(1.1	)
Currency translation		(6.3	)		2.8			0.4			(0.2	)		(3.3	)
Gross Carrying Value at September 30, 2016		806.4			1,823.7			1,373.0			1.4			4,004.5
Accumulated impairment		(208.0	)		(883.0	)		—			—			(1,091.0	)
Carrying Value at September 30, 2016	$	598.4		$	940.7		$	1,373.0		$	1.4		$	2,913.5

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 September 30, 2016, there were no impairment indicators present.

	September 30, 2016										December 31, 2015
	Gross										Gross
	Carrying		Accumulated			Accumulated					Carrying		Accumulated			Accumulated
(In millions)	Value		Amortization			Impairment			Net		Value		Amortization			Impairment			Net
Customer relationships(1)	$	860.4	$	(300.2	)	$	(148.9	)	$	411.3	$	846.2	$	(249.4	)	$	(148.9	)	$	447.9
Trademarks and tradenames		1.8		(0.7	)		—			1.1		1.7		(0.4	)		—			1.3
Capitalized software		160.8		(134.1	)		—			26.7		143.0		(125.3	)		—			17.7
Technology		142.3		(75.3	)		(22.2	)		44.8		141.9		(65.0	)		(22.2	)		54.7
Contracts		38.9		(32.1	)		—			6.8		42.8		(31.2	)		—			11.6
Total intangible assets    with definite lives		1,204.2		(542.4	)		(171.1	)		490.7		1,175.6		(471.3	)		(171.1	)		533.2
Trademarks and tradenames    with indefinite lives(2)		881.3		—			(630.2	)		251.1		881.3		—			(630.2	)		251.1
Total identifiable    intangible assets	$	2,085.5	$	(542.4	)	$	(801.3	)	$	741.8	$	2,056.9	$	(471.3	)	$	(801.3	)	$	784.3

⁽¹⁾ As of September 30, 2016 this amount includes $4.3 million related to the accelerated amortization of intangible assets related to ceasing operations in Venezuela. Refer to Note 1 of the Condensed Consolidated Statement of Operations for further details.

⁽²⁾ 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.

Remaining Estimated Future Amortization Expense

The following table shows the remaining estimated future amortization expense at September 30, 2016 

Year	Amount (in millions)
Remainder of 2016	$	21.9
2017		93.8
2018		64.0
2019		56.8
Thereafter		254.2
Total	$	490.7