Goodwill and Identifiable Assets (Tables)

3 Months Ended

Mar. 31, 2017

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 March 31, 2017, we did not identify any changes in circumstances that would indicate the carrying value of goodwill may not be recoverable.

(In millions)	Food Care		Product Care		Total
Carrying Value at December 31, 2016	$	510.8	$	1,372.1	$	1,882.9
Currency translation		1.1		0.7		1.8
Carrying Value at March 31, 2017	$	511.9	$	1,372.8	$	1,884.7

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 March 31, 2017, there were no impairment indicators present.

	March 31, 2017							December 31, 2016
	Gross							Gross
	Carrying		Accumulated					Carrying		Accumulated
(In millions)	Value		Amortization			Net		Value		Amortization			Net
Customer relationships	$	25.2	$	(18.0	)	$	7.2	$	25.0	$	(17.5	)	$	7.5
Trademarks and tradenames		0.6		(0.2	)		0.4		0.6		(0.2	)		0.4
Capitalized software		45.3		(33.3	)		12.0		42.6		(31.2	)		11.4
Technology		34.6		(24.9	)		9.7		34.4		(24.2	)		10.2
Contracts		10.5		(9.4	)		1.1		10.6		(8.9	)		1.7
Total intangible assets    with definite lives		116.2		(85.8	)		30.4		113.2		(82.0	)		31.2
Trademarks and tradenames    with indefinite lives		8.9		—			8.9		8.9		—			8.9
Total identifiable    intangible assets	$	125.1	$	(85.8	)	$	39.3	$	122.1	$	(82.0	)	$	40.1

Remaining Estimated Future Amortization Expense

The following table shows the remaining estimated future amortization expense at March 31, 2017. 

Year	Amount (in millions)
Remainder of 2017	$	8.1
2018		7.5
2019		3.1
2020		1.5
Thereafter		10.2
Total	$	30.4