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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | in the carrying amount of our goodwill were as follows (dollars in millions):
|  |  |  |  |  |  |  | Total |
|  | Packaging |  |  | Paper |  |  | Goodwill |
Balance at January 1, 2020 |  | $ | 863.5 |  |  | $ | 55.2 |  |  | $ | 918.7 |
Impairment of Paper segment |  |  | — |  |  |  | (55.2 | ) |  |  | (55.2 | )
Balance at December 31, 2020 |  |  | 863.5 |  |  |  | — |  |  |  | 863.5 |
Acquisition (a) |  |  | 60.0 |  |  |  | — |  |  |  | 60.0 |
Balance at December 31, 2021 |  | $ | 923.5 |  |  | $ | — |  |  | $ | 923.5 |
(a) In connection with the December 2021 acquisition of Advance Packaging, the Company recorded $60.0 million of goodwill in the Packaging segment. See Note 5, Acquisitions, 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, 2021 |  |  | As of December 31, 2020 |
|  | 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 (b)(c) |  |  | 8.5 |  |  | $ | 551.1 |  |  | $ | 254.9 |  |  |  | 9.1 |  |  | $ | 503.8 |  |  | $ | 220.2 |
Trademarks and trade names (b) |  |  | 8.4 |  |  |  | 37.6 |  |  |  | 25.5 |  |  |  | 9.3 |  |  |  | 34.8 |  |  |  | 23.0 |
Other (b) |  |  | 2.2 |  |  |  | 4.4 |  |  |  | 4.3 |  |  |  | 1.2 |  |  |  | 4.3 |  |  |  | 3.8 |
Total intangible assets (excluding goodwill) |  |  | 8.5 |  |  | $ | 593.1 |  |  | $ | 284.7 |  |  |  | 9.1 |  |  | $ | 542.9 |  |  | $ | 247.0 |
(b) In connection with the December 2021 acquisition of Advance Packaging, the Company recorded intangible assets of $47.3 million for customer relationships, $2.8 million for trade names, and $0.1 million for other intangibles. (c) During the second quarter of 2020, the Company recorded a $4.5 million adjustment to decrease the remaining book value of the customer relationships intangible asset as a result of the closure of the San Lorenzo, California corrugated products facility.

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