Goodwill and Intangibles (Tables)

12 Months Ended

Dec. 31, 2015

Goodwill Activity

Goodwill activity for 2015 and 2014 is as follows:

											December 31, 2015
(in millions)	Net Book Value at December 31, 2014		Additions		Impairment Charge			Foreign Exchange and Other Adjustments			Gross Carrying Amount		Accumulated Impairment Charges			Net Book Value
Goodwill
Branded Consumables	$	1,385.1	$	592.6	$	—		$	(5.2	)	$	2,195.7	$	(223.2	)	$	1,972.5
Consumer Solutions		757.7		—		—			(17.1	)		740.6		—			740.6
Outdoor Solutions		715.7		936.7		(119.2	)		(7.6	)		1,663.3		(137.7	)		1,525.6
Process Solutions		21.7		—		—			—			21.7		—			21.7
	$	2,880.2	$	1,529.3	$	(119.2	)	$	(29.9	)	$	4,621.3	$	(360.9	)	$	4,260.4
											December 31, 2014
(in millions)	Net Book Value at December 31, 2013		Additions		Impairment Charge			Foreign Exchange and Other Adjustments			Gross Carrying Amount		Accumulated Impairment Charges			Net Book Value
Goodwill
Branded Consumables	$	1,353.8	$	23.0	$	—		$	8.3		$	1,608.3	$	(223.2	)	$	1,385.1
Consumer Solutions		526.3		244.5		—			(13.1	)		757.7		—			757.7
Outdoor Solutions		718.5		—		—			(2.8	)		734.2		(18.5	)		715.7
Process Solutions		21.7		—		—			—			21.7		—			21.7
	$	2,620.3	$	267.5	$	—		$	(7.6	)	$	3,121.9	$	(241.7	)	$	2,880.2

Intangibles Activity

Intangibles activity for 2015 and 2014 is as follows:

(in millions)	Gross Carrying Amount at December 31, 2014		Additions		Impairment Charge			Accumulated Amortization and Foreign Exchange			Net Book Value at December 31, 2015		Amortization Periods (years)
Intangibles
Patents	$	9.3	$	—	$	—		$	(5.3	)	$	4.0		12-30
Manufacturing process and expertise		65.2		34.0		—			(56.7	)		42.5		3-7
Brand names		23.3		2.5		—			(14.0	)		11.8		4-20
Non-compete agreements		—		18.4		—			(1.2	)		17.2		3-5
Customer relationships and distributor channels		549.6		1,203.3		—			(159.6	)		1,593.3		10-35
Trademarks and tradenames		2,131.7		357.0		(26.4	)		(36.5	)		2,425.8		indefinite
	$	2,779.1	$	1,615.2	$	(26.4	)	$	(273.3	)	$	4,094.6
(in millions)	Gross Carrying Amount at December 31, 2013		Additions		Impairment Charge			Accumulated Amortization and Foreign Exchange			Net Book Value at December 31, 2014		Amortization Periods (years)
Intangibles
Patents	$	9.3	$	—	$	—		$	(4.5	)	$	4.8		12-30
Manufacturing process and expertise		56.2		9.0		—			(45.7	)		19.5		3-7
Brand names		23.3		—		—			(10.5	)		12.8		4-20
Customer relationships and distributor channels		347.4		202.2		—			(100.6	)		449.0		10-35
Trademarks and tradenames		2,080.9		76.2		(25.4	)		(19.3	)		2,112.4		indefinite
	$	2,517.1	$	287.4	$	(25.4	)	$	(180.6	)	$	2,598.5

Impairment Charges Allocated to Company's Reporting Segments

The impairment charges were allocated to the Company’s reporting segments as follows:

(in millions)	2015		2014
Impairment of intangibles
Branded Consumables	$	—	$	13.9
Consumer Solutions		—		0.7
Outdoor Solutions		26.4		9.9
Process Solutions		—		0.9
	$	26.4	$	25.4

Estimated Future Amortization Expense Related to Amortizable Intangible Assets

The estimated future amortization expense related to amortizable intangible assets at December 31, 2015 is as follows:

Years Ending December 31,	Amount
	(in millions)
2016	$	130.0
2017		120.5
2018		112.6
2019		105.1
2020		96.7
Thereafter		1,103.9