Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of our goodwill were as follows (dollars in millions):

					Total
	Packaging		Paper		Goodwill
Balance at January 1, 2018	$	828.0	$	55.2	$	883.2
Acquisitions (a)(b)		34.1		—		34.1
Balance at December 31, 2018		862.1		55.2		917.3
Acquisitions (c)		1.4		—		1.4
Balance at December 31, 2019	$	863.5	$	55.2	$	918.7

(a)	During 2018, the Company recorded a $5.5 million adjustment to increase the goodwill balance for the Company’s October 2017 acquisition of Sacramento Container.

(b)	In connection with the October 2018 acquisition of Englander, the Company recorded $28.6 million of goodwill in the Packaging segment in 2018.

(c)	During 2019, the Company recorded a $1.4 million adjustment to increase the goodwill balance for the Company’s October 2018 acquisition of Englander.

Components of Intangible Assets

The weighted average useful life, gross carrying amount, and accumulated amortization of our intangible assets were as follows (dollars in millions):

	As of December 31, 2019						As of December 31, 2018
	Weighted Average Remaining Useful Life (in Years)		Gross Carrying Amount		Accumulated Amortization		Weighted Average Remaining Useful Life (in Years)		Gross Carrying Amount		Accumulated Amortization
Customer relationships (d)(e)		10.0	$	503.8	$	180.2		10.9	$	504.6	$	144.5
Trademarks and trade names (e)		9.5		34.8		20.6		10.1		34.8		18.3
Other (e)		2.1		4.3		3.3		3.0		4.4		2.7
Total intangible assets (excluding goodwill)		9.9	$	542.9	$	204.1		10.8	$	543.7	$	165.5

(d)

During 2019, a corrugated products facility sold part of its operations which included existing inventory, certain production equipment, and customer relationships corresponding to the operations sold. As a result, the gross carrying amount for the customer relationships intangible asset was decreased by $0.7 million.

(e)	In connection with the October 2018 acquisition of Englander, the Company recorded intangible assets of $13.2 million for customer relationships, $0.8 million for trade names, and $0.1 million for other intangibles.