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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes In the Carrying Amount of Goodwill | Changes in the carrying amount of our goodwill were as follows (dollars in millions):
| Packaging |  | Paper |  | Goodwill
Balance at January 1, 2015 | $ | 491.6 |  |  | $ | 55.2 |  |  | $ | 546.8 |
Sale of Hexacomb Europe and Mexico (a) | (2.8 | ) |  | — |  |  | (2.8 | )
Balance at December 31, 2015 | 488.8 |  |  | 55.2 |  |  | 544.0 |
Acquisitions (b) | 193.9 |  |  | — |  |  | 193.9 |
Balance at December 31, 2016 | $ | 682.7 |  |  | $ | 55.2 |  |  | $ | 737.9 |
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(a) | During 2015, we sold the assets of Hexacomb Europe and Mexico, a corrugated products manufacturer, for $23.0 million and reduced goodwill in our Packaging segment by $2.8 million.
(b) | In connection with the August 2016 acquisition of TimBar Corporation (TimBar), the Company recoded $157.3 million of goodwill in the Packaging segment. In November 2016, we acquired Columbus Container and recorded $36.6 million of goodwill in the Packaging segment. See Note 3, Acquisitions and Dispositions, for more information.
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, 2016 |  | As of December 31, 2015
| 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 (c) | 13.1 |  | $ | 424.5 |  |  | $ | 79.8 |  |  | 13.3 |  | $ | 311.5 |  |  | $ | 57.3 |
Trademarks and trade names (c) | 10.5 |  | 27.7 |  |  | 8.1 |  |  | 12.5 |  | 21.8 |  |  | 5.2 |
Other (c) | 4.3 |  | 4.2 |  |  | 1.4 |  |  | 1.2 |  | 0.2 |  |  | 0.2 |
Total intangible assets (excluding goodwill) | 12.9 |  | $ | 456.4 |  |  | $ | 89.3 |  |  | 13.3 |  | $ | 333.5 |  |  | $ | 62.7 |

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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