Goodwill and Other Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Goodwill by Reportable Business Segment

A summary of changes in the Company’s goodwill by reportable business segment is as follows for 2018 and 2017 (in millions):

											December 31, 2018
Segment	Net Book Value at December 31, 2017		Other Adjustments		Impairment Charges (1)			Foreign Exchange			Gross Carrying Amount		Accumulated Impairment Charges			Net Book Value
Food and Appliances	$	1,990.0	$	—	$	(1,766.9	)	$	(11.9	)	$	2,097.4	$	(1,886.2	)	$	211.2
Home and Outdoor Living		2,148.0		—		(1,985.0	)		0.8			2,148.8		(1,985.0	)		163.8
Learning and Development		2,735.0		—		(105.3	)		(34.5	)		3,441.2		(846.0	)		2,595.2
	$	6,873.0	$	—	$	(3,857.2	)	$	(45.6	)	$	7,687.4	$	(4,717.2	)	$	2,970.2
											December 31, 2017
Segment	Net Book Value at December 31, 2016		Other Adjustments (2)		Impairment Charges			Foreign Exchange			Gross Carrying Amount		Accumulated Impairment Charges			Net Book Value
Food and Appliances	$	1,791.8	$	189.1	$	—		$	9.1		$	2,109.3	$	(119.3	)	$	1,990.0
Home and Outdoor Living		2,074.3		62.8		—			10.9			2,148.0		—			2,148.0
Learning and Development		2,654.6		7.4		—			73.0			3,475.7		(740.7	)		2,735.0
	$	6,520.7	$	259.3	$	—		$	93.0		$	7,733.0	$	(860.0	)	$	6,873.0

(1) In the Food and Appliances segment, the impairment charges of $1.3 billion and $420 million were recorded within the Food and Appliances and Cookware reporting units, respectively. In the Home and Outdoor Living segment, the impairment charges of $875 million, $787 million and $323 million were recorded within the Home Fragrance, Outdoor and Recreation and Connected Home and Security reporting units, respectively. In the Learning and Development segment, the impairment charge was attributable to the Baby reporting unit.

(2) Comprised primarily of adjustments primarily related to the acquisitions of Sistema in Food and Appliances, Smith Mountain Chesapeake Bay Candle in Home and Outdoors in 2017 and the Jarden Acquisition, whose purchase price allocation was finalized during the second quarter of 2017 (see Footnote 2).

Summary of Other Intangible Asset Impairment Charges Allocated to Reporting Segments

Other intangible asset impairment charges were allocated to the Company’s reporting segments as follows (in millions):

	Year Ended December 31, 2018
Impairment of intangibles (1)
Food and Appliances	$	1,746.7
Home and Outdoor Living		2,434.1
Learning and Development		246.0
Total	$	4,426.8

(1) In the Food and Appliances segment, impairment charges of $1.3 billion and $455 million were recorded within the Appliances and Cookware and Food reporting units, respectively. In the Home and Outdoor Living segment, impairment charges of $1.7 billion, $630 million and $75 million were recorded within the Home Fragrance, Outdoor and Recreation and Connected Home and Security reporting units, respectively. In the Learning and Development segment, the impairment charge recorded was attributable to the Baby reporting unit.

Schedule of Other Intangible Assets and Related Amortization Periods

The table below summarizes the balance of other intangible assets, net and the related amortization periods using the straight-line method and attribution method as of December 31, (in millions):

	2018							2017
	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value		Amortization Periods (in years)
Trade names — indefinite life	$	4,093.0	$	—		$	4,093.0	$	8,563.6	$	—		$	8,563.6		N/A
Trade names — other		170.5		(36.5	)		134.0		190.7		(35.7	)		155.0		2-15
Capitalized software		520.0		(348.1	)		171.9		485.8		(302.9	)		182.9		3–12
Patents and intellectual property		136.4		(79.2	)		57.2		152.0		(81.4	)		70.6		3–14
Customer relationships and distributor channels		1,269.7		(180.9	)		1,088.8		1,324.7		(159.6	)		1,165.1		3–30
Other		109.0		(74.3	)		34.7		112.8		(50.4	)		62.4		3–5
	$	6,298.6	$	(719.0	)	$	5,579.6	$	10,829.6	$	(630.0	)	$	10,199.6

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of December 31, 2018, the aggregate estimated intangible amortization amounts for the succeeding five years are as follows (in millions):

Years Ending December 31,	Amount
2019	$	178.1
2020		148.0
2021		122.3
2022		87.5
2023		68.7
Thereafter		882.0