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Goodwill and Identifiable Intangible Assets - Summary of Goodwill Balances by Segment Reporting Structure (Detail)
$ in Millions
 12 Months Ended
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Goodwill [Line Items]    
Gross Carrying Value $ 4,087.9 [1]  
Accumulated impairment (1,091.0) $ (1,091.0)
Carrying Value 2,909.5 2,996.9 [1],[2],[3],[4]
Acquisition 19.7  
Dispositions (3.1)  
Currency translation (104.0)  
Gross Carrying Value 4,000.5  
Operating Segments [Member] | Food Care [Member]    
Goodwill [Line Items]    
Gross Carrying Value 811.1 [1]  
Accumulated impairment (208.0) (208.0)
Carrying Value 596.3 603.1 [1]
Acquisition 6.7  
Other 3.2  
Currency translation (16.7)  
Gross Carrying Value 804.3  
Operating Segments [Member] | Diversey Care [Member]    
Goodwill [Line Items]    
Gross Carrying Value 1,900.8 [1]  
Accumulated impairment (883.0) (883.0)
Carrying Value 937.9 1,017.8 [1]
Acquisition 6.7  
Currency translation (86.6)  
Gross Carrying Value 1,820.9  
Operating Segments [Member] | Product Care [Member]    
Goodwill [Line Items]    
Gross Carrying Value 1,371.2 [1]  
Carrying Value 1,373.7 1,371.2 [1]
Acquisition 6.3  
Dispositions (3.1)  
Currency translation (0.7)  
Gross Carrying Value 1,373.7  
Other [Member]    
Goodwill [Line Items]    
Gross Carrying Value 4.8 [1],[5]  
Carrying Value 1.6 [5] $ 4.8 [1],[5]
Other (3.2) [5]  
Gross Carrying Value $ 1.6 [5]  
[1] Excludes North American foam trays and absorbent pads and European food trays business goodwill. Refer to Note 3, “Divestitures and Acquisitions” of the notes to Consolidated Financial Statements for further details.
[2] As of December 31, 2015, we have adopted ASU 2015-17 which resulted in a decrease in deferred tax assets of $105.6 million, an increase in non-current deferred tax assets of $17.0 million, a decrease in current deferred tax liabilities of $4.8 million and a decrease in non-current deferred tax liabilities of $83.8 million as of December 31, 2014.
[3] During the fourth quarter of 2015, we completed the sale of our European food trays business. During the fourth quarter of 2015, the assets and liabilities met the criteria of held for sale classification. Accordingly, we reclassified $37 million of assets and $7 million of liabilities as held for sale as of December 31, 2014. Refer to Note 3, “Divestitures and Acquisitions” of the notes to Consolidated Financial Statements for further details. Certain foreign currency translation adjustments were misclassified within the components of Accumulated Other Comprehensive Income on the Consolidated Balance Sheets. Additionally, we reclassified $13 million from accounts payable to short-term borrowings related to extended payment terms on a vendor agreement and $36 million from cash to other assets related to cash used as collateral for borrowing agreements. See Note 2 “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” under the heading “Reclassifications and Revisions” for further discussion of the revisions.
[4] During the second quarter of 2015, we completed the sale of our North American foam trays and absorbent pads business. During the first quarter of 2015, the assets and liabilities met the criteria of held for sale classification. Accordingly, we reclassified $42 million of assets and $6 million of liabilities as held for sale as of December 31, 2014. Refer to Note 3, “Divestitures and Acquisitions” of the notes to Consolidated Financial Statements for further details.
[5] Represents goodwill of our Medical Applications reporting unit.