Goodwill and Identifiable Assets (Tables)

6 Months Ended

Jun. 30, 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 June 30, 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	4.8		1.4		6.2
Carrying Value at June 30, 2017	$	515.6	$	1,373.5	$	1,889.1

Summary of Identifiable Intangible Assets with Indefinite Useful Lives

The following tables summarize our identifiable intangible assets with definite and indefinite useful lives.  As of June 30, 2017, there were no impairment indicators present.

	June 30, 2017							December 31, 2016
(In millions)	Gross Carrying Value		Accumulated Amortization			Net		Gross Carrying Value		Accumulated Amortization			Net
Customer relationships	$	25.8	$	(18.6	)	$	7.2	$	25.0	$	(17.5	)	$	7.5
Trademarks and    tradenames	0.7		(0.3		)	0.4		0.6		(0.2		)	0.4
Capitalized software	49.8		(36.1		)	13.7		42.6		(31.2		)	11.4
Technology	35.8		(26.1		)	9.7		34.4		(24.2		)	10.2
Contracts	10.6		(9.5		)	1.1		10.6		(8.9		)	1.7
Total intangible assets    with definite lives	122.7		(90.6		)	32.1		113.2		(82.0		)	31.2
Trademarks and tradenames with indefinite lives	8.9		—			8.9		8.9		—			8.9
Total identifiable    intangible assets	$	131.6	$	(90.6	)	$	41.0	$	122.1	$	(82.0	)	$	40.1

Summary of Identifiable Intangible Assets with Definite Useful Lives

The following tables summarize our identifiable intangible assets with definite and indefinite useful lives.  As of June 30, 2017, there were no impairment indicators present.

	June 30, 2017							December 31, 2016
(In millions)	Gross Carrying Value		Accumulated Amortization			Net		Gross Carrying Value		Accumulated Amortization			Net
Customer relationships	$	25.8	$	(18.6	)	$	7.2	$	25.0	$	(17.5	)	$	7.5
Trademarks and    tradenames	0.7		(0.3		)	0.4		0.6		(0.2		)	0.4
Capitalized software	49.8		(36.1		)	13.7		42.6		(31.2		)	11.4
Technology	35.8		(26.1		)	9.7		34.4		(24.2		)	10.2
Contracts	10.6		(9.5		)	1.1		10.6		(8.9		)	1.7
Total intangible assets    with definite lives	122.7		(90.6		)	32.1		113.2		(82.0		)	31.2
Trademarks and tradenames with indefinite lives	8.9		—			8.9		8.9		—			8.9
Total identifiable    intangible assets	$	131.6	$	(90.6	)	$	41.0	$	122.1	$	(82.0	)	$	40.1

Remaining Estimated Future Amortization Expense

The following table shows the remaining estimated future amortization expense at June 30, 2017. 

Year	Amount (in millions)
Remainder of 2017	$	6.7
2018	7.5
2019	4.4
2020	2.7
Thereafter	10.8
Total	$	32.1