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Goodwill and Intangible Assets | 9 Months Ended
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Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 9. Goodwill and Intangible Assets Goodwill Goodwill represents the excess of the cost of an acquired business over the fair value of the identifiable tangible and intangible assets acquired and liabilities assumed in a business combination. At both September 30, 2024 and December 31, 2023, we had $922.4 million of goodwill recorded in our Packaging segment, which represents the entire goodwill balance reported on our Consolidated Balance Sheets. Intangible Assets Intangible assets are primarily comprised of customer relationships and trademarks and trade names. The weighted average remaining useful life, gross carrying amount, and accumulated amortization of our intangible assets were as follows (dollars in millions):
|  | September 30, 2024 |  |  | December 31, 2023 |
|  | 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 |  |  | 6.8 |  |  | $ | 546.0 |  |  | $ | 353.6 |  |  |  | 7.4 |  |  | $ | 546.0 |  |  | $ | 326.9 |
Trademarks and trade names |  |  | 6.1 |  |  |  | 41.3 |  |  |  | 32.4 |  |  |  | 6.5 |  |  |  | 41.3 |  |  |  | 30.9 |
Other |  |  | 2.2 |  |  |  | 4.4 |  |  |  | 4.4 |  |  |  | 2.9 |  |  |  | 4.4 |  |  |  | 4.3 |
Total intangible assets (excluding goodwill) |  |  | 6.8 |  |  | $ | 591.7 |  |  | $ | 390.4 |  |  |  | 7.3 |  |  | $ | 591.7 |  |  | $ | 362.1 |
During the nine months ended September 30, 2024 and 2023, amortization expense was $28.3 million and $28.7 million, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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