XML 88 R17.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Goodwill and Other Intangible Assets, Net
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets, Net GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Changes in the carrying amount of goodwill were as follows:
 
Metal
Containers
 
Closures
 
Plastic
Containers
 
Total
 
(Dollars in thousands)
Balance at December 31, 2017
$
116,916

 
$
826,933

 
$
227,605

 
$
1,171,454

Currency translation
(2,454
)
 
(19,307
)
 
(1,391
)
 
(23,152
)
Balance at December 31, 2018
114,462

 
807,626

 
226,214

 
1,148,302

Currency translation
(999
)
 
(5,850
)
 
770

 
(6,079
)
Balance at December 31, 2019
$
113,463

 
$
801,776

 
$
226,984

 
$
1,142,223



The components of other intangible assets, net at December 31 were as follows:
 
2019
 
2018
 
Gross
Amount
 
Accumulated
Amortization
 
Gross
Amount
 
Accumulated
Amortization
 
(Dollars in thousands)
Definite-lived intangibles:
 
 
 
 
 
 
 
Customer relationships
$
422,042

 
$
(116,575
)
 
$
423,513

 
$
(94,889
)
Other
39,447

 
(22,439
)
 
40,715

 
(18,031
)
 
461,489

 
(139,014
)
 
464,228

 
(112,920
)
Indefinite-lived intangibles:
 
 
 
 
 
 
 
Trade names
32,140

 

 
32,140

 

 
$
493,629

 
$
(139,014
)
 
$
496,368

 
$
(112,920
)


Amortization expense in 2019, 2018 and 2017 was $27.1 million, $27.6 million and $23.6 million, respectively. Amortization expense is expected to be $26.5 million, $25.0 million, $24.6 million, $24.5 million and $21.7 million for the years ended December 31, 2020 through 2024, respectively.