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Goodwill and Identifiable Intangible Assets - Summary of Identifiable Intangible Assets with Definite and Indefinite Useful Lives (Detail) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
[1]
Finite And Infinite Lived Intangible Assets [Line Items]    
Intangible assets with definite life, Gross Carrying Value $ 1,175.6 $ 1,199.1
Intangible assets with definite life, Accumulated Amortization (471.3) (406.9)
Intangible assets with definite life, Accumulated Impairment (171.1) (171.1)
Intangible assets with definite life, Net 533.2 621.1
Gross Carrying Value 2,056.9 2,080.4
Accumulated Impairment (801.3) (801.3)
Net 784.3 872.2 [2],[3],[4]
Trademarks and tradenames with indefinite lives [Member]    
Finite And Infinite Lived Intangible Assets [Line Items]    
Intangible assets with indefinite life, Gross Carrying Value [5] 881.3 881.3
Intangible assets with indefinite life, Accumulated Impairment [5] (630.2) (630.2)
Intangible assets with indefinite life, Net [5] 251.1 251.1
Customer relationships [Member]    
Finite And Infinite Lived Intangible Assets [Line Items]    
Intangible assets with definite life, Gross Carrying Value 846.2 890.8
Intangible assets with definite life, Accumulated Amortization (249.4) (210.8)
Intangible assets with definite life, Accumulated Impairment (148.9) (148.9)
Intangible assets with definite life, Net 447.9 531.1
Trademarks and tradenames [Member]    
Finite And Infinite Lived Intangible Assets [Line Items]    
Intangible assets with definite life, Gross Carrying Value 1.7 1.3
Intangible assets with definite life, Accumulated Amortization (0.4) (0.2)
Intangible assets with definite life, Net 1.3 1.1
Capitalized software [Member]    
Finite And Infinite Lived Intangible Assets [Line Items]    
Intangible assets with definite life, Gross Carrying Value 143.0 140.7
Intangible assets with definite life, Accumulated Amortization (125.3) (113.8)
Intangible assets with definite life, Net 17.7 26.9
Technology    
Finite And Infinite Lived Intangible Assets [Line Items]    
Intangible assets with definite life, Gross Carrying Value 141.9 125.7
Intangible assets with definite life, Accumulated Amortization (65.0) (53.2)
Intangible assets with definite life, Accumulated Impairment (22.2) (22.2)
Intangible assets with definite life, Net 54.7 50.3
Customer Contracts    
Finite And Infinite Lived Intangible Assets [Line Items]    
Intangible assets with definite life, Gross Carrying Value 42.8 40.6
Intangible assets with definite life, Accumulated Amortization (31.2) (28.9)
Intangible assets with definite life, Net $ 11.6 $ 11.7
[1] Excludes North American foam trays and absorbent pads business intangible assets. 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] The intangible assets include $251 million of trademarks that we have determined to have indefinite useful lives, primarily acquired in connection with the acquisition of Diversey.