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Goodwill and Identifiable Intangible Assets, net (Tables)
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill Balances by Segment Reporting Structure
The following table shows our goodwill balances by reportable segment. 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, 2018, 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, 2017
 
$
526.9

 
$
1,412.9

 
$
1,939.8

Acquisition, purchase price and other adjustments
 
(0.6
)
 
20.1

 
19.5

Currency translation
 
(5.2
)
 
(2.2
)
 
(7.4
)
Carrying Value at September 30, 2018
 
$
521.1

 
$
1,430.8

 
$
1,951.9

Summary of Identifiable Intangible Assets with Indefinite Useful Lives
The following tables summarize our identifiable intangible assets, net. As of September 30, 2018, there were no impairment indicators present.
 
 
September 30, 2018
 
December 31, 2017
(In millions)
Gross
Carrying Value
 
Accumulated Amortization
 
Net (1)
 
Gross
Carrying Value
 
Accumulated Amortization
 
Net
Customer relationships
$
71.1

 
$
(21.5
)
 
$
49.6

 
$
59.7

 
$
(19.7
)
 
$
40.0

Trademarks and tradenames
13.3

 
(1.1
)
 
12.2

 
11.6

 
(0.5
)
 
11.1

Capitalized software
60.6

 
(46.9
)
 
13.7

 
50.6

 
(40.0
)
 
10.6

Technology
37.4

 
(23.1
)
 
14.3

 
39.2

 
(27.5
)
 
11.7

Contracts
13.6

 
(10.0
)
 
3.6

 
10.9

 
(9.6
)
 
1.3

Total intangible assets with definite lives
196.0

 
(102.6
)
 
93.4

 
172.0

 
(97.3
)
 
74.7

Trademarks and tradenames with indefinite lives
8.9

 

 
8.9

 
8.9

 

 
8.9

Total identifiable intangible assets, net
$
204.9

 
$
(102.6
)
 
$
102.3

 
$
180.9

 
$
(97.3
)
 
$
83.6



(1) 
As of September 30, 2018, amounts include intangible assets acquired as part of the AFP acquisition. See Note 4, "Discontinued Operations, Divestitures and Acquisitions" to the Notes to Consolidated Financial Statements for additional information related to the AFP acquisition.

Summary of Identifiable Intangible Assets with Definite Useful Lives
The following tables summarize our identifiable intangible assets, net. As of September 30, 2018, there were no impairment indicators present.
 
 
September 30, 2018
 
December 31, 2017
(In millions)
Gross
Carrying Value
 
Accumulated Amortization
 
Net (1)
 
Gross
Carrying Value
 
Accumulated Amortization
 
Net
Customer relationships
$
71.1

 
$
(21.5
)
 
$
49.6

 
$
59.7

 
$
(19.7
)
 
$
40.0

Trademarks and tradenames
13.3

 
(1.1
)
 
12.2

 
11.6

 
(0.5
)
 
11.1

Capitalized software
60.6

 
(46.9
)
 
13.7

 
50.6

 
(40.0
)
 
10.6

Technology
37.4

 
(23.1
)
 
14.3

 
39.2

 
(27.5
)
 
11.7

Contracts
13.6

 
(10.0
)
 
3.6

 
10.9

 
(9.6
)
 
1.3

Total intangible assets with definite lives
196.0

 
(102.6
)
 
93.4

 
172.0

 
(97.3
)
 
74.7

Trademarks and tradenames with indefinite lives
8.9

 

 
8.9

 
8.9

 

 
8.9

Total identifiable intangible assets, net
$
204.9

 
$
(102.6
)
 
$
102.3

 
$
180.9

 
$
(97.3
)
 
$
83.6



(1) 
As of September 30, 2018, amounts include intangible assets acquired as part of the AFP acquisition. See Note 4, "Discontinued Operations, Divestitures and Acquisitions" to the Notes to Consolidated Financial Statements for additional information related to the AFP acquisition.
Remaining Estimated Future Amortization Expense
The following table shows the remaining estimated future amortization expense at September 30, 2018
 
Year
Amount
(in millions)
Remainder of 2018
$
5.2

2019
13.1

2020
10.5

2021
7.5

Thereafter
57.1

Total
$
93.4