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Goodwill and Identifiable Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract] |
Summary of Goodwill Balances by Segment Reporting Structure | The following table shows our goodwill balances by our segment reporting structure:
(In millions) |  | Food Care |  |  | Diversey Care |  |  | Product Care |  |  | Other(1) |  |  | Total |
Gross Carrying Value at December 31, 2015 |  | $ | 804.3 |  |  | $ | 1,820.9 |  |  | $ | 1,373.7 |  |  | $ | 1.6 |  |  | $ | 4,000.5 |
Accumulated impairment |  |  | (208.0 | ) |  |  | (883.0 | ) |  |  | — |  |  |  | — |  |  |  | (1,091.0 | )
Carrying Value at December 31, 2015 |  | $ | 596.3 |  |  | $ | 937.9 |  |  | $ | 1,373.7 |  |  | $ | 1.6 |  |  | $ | 2,909.5 |
Acquisition |  |  | 8.4 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 8.4 |
Dispositions |  |  | — |  |  |  | — |  |  |  | (1.1 | ) |  |  | — |  |  |  | (1.1 | )
Currency translation |  |  | (14.3 | ) |  |  | (46.2 | ) |  |  | (0.5 | ) |  |  | (0.2 | ) |  |  | (61.2 | )
Gross Carrying Value at December 31, 2016 |  |  | 798.4 |  |  |  | 1,774.7 |  |  |  | 1,372.1 |  |  |  | 1.4 |  |  |  | 3,946.6 |
Accumulated impairment |  |  | (208.0 | ) |  |  | (883.0 | ) |  |  | — |  |  |  | — |  |  |  | (1,091.0 | )
Carrying Value at December 31, 2016 |  | $ | 590.4 |  |  | $ | 891.7 |  |  | $ | 1,372.1 |  |  | $ | 1.4 |  |  | $ | 2,855.6 |
(1) | Represents goodwill of our Medical Applications reporting unit.
Summary of Percentage by Which Estimated Fair Value Exceeds Carrying Value | The excess of estimated fair values over carrying value, including goodwill for each of our reporting units that had goodwill as of the 2016 annual impairment test were the following:
|  | % by Which Estimated Fair value |
Reporting Unit |  | exceeds Carrying Value |
Food Care — Packaging Solutions |  |  | 451 | %
Food Care — Hygiene Solutions |  |  | 247 | %
Diversey Care |  |  | 92 | %
Product Care |  |  | 124 | %
Medical Applications(1) |  |  | 539 | %
(1) | Included in the “Other” category for segment reporting purposes – See Note 4, “Segments,” of the Notes to Consolidated Financial Statements for a description of our reportable segments.
Summary of Identifiable Intangible Assets with Definite and Indefinite Useful Lives | The following tables summarize our identifiable intangible assets with definite and indefinite useful lives:
|  | December 31, 2016 |  |  | December 31, 2015 |
|  | Gross |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Gross |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Carrying |  |  | Accumulated |  |  | Accumulated |  |  |  |  |  |  | Carrying |  |  | Accumulated |  |  | Accumulated |  |  |  |  |
(In millions) |  | Value |  |  | Amortization |  |  | Impairment |  |  | Net |  |  | Value |  |  | Amortization |  |  | Impairment |  |  | Net |
Customer relationships(1) |  | $ | 828.7 |  |  | $ | (299.9 | ) |  | $ | (148.9 | ) |  | $ | 379.9 |  |  | $ | 846.2 |  |  | $ | (249.4 | ) |  | $ | (148.9 | ) |  | $ | 447.9 |
Trademarks and tradenames |  |  | 1.8 |  |  |  | (0.8 | ) |  |  | — |  |  |  | 1.0 |  |  |  | 1.7 |  |  |  | (0.4 | ) |  |  | — |  |  |  | 1.3 |
Capitalized software |  |  | 165.9 |  |  |  | (137.4 | ) |  |  | — |  |  |  | 28.5 |  |  |  | 143.0 |  |  |  | (125.3 | ) |  |  | — |  |  |  | 17.7 |
Technology |  |  | 141.2 |  |  |  | (78.1 | ) |  |  | (22.2 | ) |  |  | 40.9 |  |  |  | 141.9 |  |  |  | (65.0 | ) |  |  | (22.2 | ) |  |  | 54.7 |
Contracts |  |  | 42.3 |  |  |  | (33.6 | ) |  |  | — |  |  |  | 8.7 |  |  |  | 42.8 |  |  |  | (31.2 | ) |  |  | — |  |  |  | 11.6 |
Total intangible assets with definite lives |  |  | 1,179.9 |  |  |  | (549.8 | ) |  |  | (171.1 | ) |  |  | 459.0 |  |  |  | 1,175.6 |  |  |  | (471.3 | ) |  |  | (171.1 | ) |  |  | 533.2 |
Trademarks and tradenames with indefinite lives(2) |  |  | 881.3 |  |  |  | — |  |  |  | (630.2 | ) |  |  | 251.1 |  |  |  | 881.3 |  |  |  | — |  |  |  | (630.2 | ) |  |  | 251.1 |
Total identifiable intangible assets |  | $ | 2,061.2 |  |  | $ | (549.8 | ) |  | $ | (801.3 | ) |  | $ | 710.1 |  |  | $ | 2,056.9 |  |  | $ | (471.3 | ) |  | $ | (801.3 | ) |  | $ | 784.3 |
(1) | As of December 31, 2016 this amount includes $4.3 million related to the accelerated amortization of intangible assets related to ceasing operations in Venezuela. Refer to Note 2 “Summary of Significant Accounting Policies and Recently Issued Accounting Standards “ of the Notes to Consolidated Financial Statements for further details.
(2) | The intangible assets include $251.1 million of trademarks and trade names that we have determined to have indefinite useful lives, primarily acquired in connection with the acquisition of Diversey.
Remaining Estimated Future Amortization Expense | The following table shows the remaining estimated future amortization expense at December 31, 2016.
Year |  | Amount (in millions) |
2017 |  | $ | 87.7 |
2018 |  |  | 70.1 |
2019 |  |  | 56.3 |
2020 |  |  | 53.8 |
Thereafter |  |  | 191.1 |
Total |  | $ | 459.0 |
Remaining Weighted Average Useful Life of Definite Lived Intangible Assets | The following table shows the remaining weighted average useful life of our definite lived intangible assets as of December 31, 2016.
|  | Remaining weighted average useful lives |
Customer relationships |  |  | 8.2 |
Trademarks and trade names |  |  | 5.1 |
Technology |  |  | 3.2 |
Contracts |  |  | 7.2 |
Total intangible assets with definite lives |  |  | 7.4 |

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