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Goodwill and Identifiable Assets (Tables) | 9 Months Ended
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Sep. 30, 2017
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. We review goodwill for impairment on a reporting unit basis annually during the fourth quarter of each year and whenever events or changes in circumstances indicate the carrying value of goodwill may not be recoverable. As of September 30, 2017, we did not identify any changes in circumstances that would indicate the carrying value of goodwill may not be recoverable.
(In millions) |  | Food Care |  | Product Care |  | Total
Carrying Value at December 31, 2016 |  | $ | 510.8 |  |  | $ | 1,372.1 |  |  | $ | 1,882.9 |
Acquisitions and divestitures |  | 7.2 |  |  | (0.3 | ) |  | 6.9 |
Currency translation |  | 7.1 |  |  | 1.4 |  |  | 8.5 |
Carrying Value at September 30, 2017 |  | $ | 525.1 |  |  | $ | 1,373.2 |  |  | $ | 1,898.3 |
Summary of Identifiable Intangible Assets with Indefinite Useful Lives | The following tables summarize our identifiable intangible assets with definite and indefinite useful lives. As of September 30, 2017, there were no impairment indicators present.
| September 30, 2017 |  | December 31, 2016
(In millions) | Gross Carrying Value |  | Accumulated Amortization |  | Net |  | Gross Carrying Value |  | Accumulated Amortization |  | Net
Customer relationships | $ | 31.9 |  |  | $ | (19.0 | ) |  | $ | 12.9 |  |  | $ | 25.0 |  |  | $ | (17.5 | ) |  | $ | 7.5 |
Trademarks and tradenames | 0.7 |  |  | (0.3 | ) |  | 0.4 |  |  | 0.6 |  |  | (0.2 | ) |  | 0.4 |
Capitalized software | 48.7 |  |  | (37.8 | ) |  | 10.9 |  |  | 42.6 |  |  | (31.2 | ) |  | 11.4 |
Technology | 37.4 |  |  | (26.7 | ) |  | 10.7 |  |  | 34.4 |  |  | (24.2 | ) |  | 10.2 |
Contracts | 10.6 |  |  | (9.6 | ) |  | 1.0 |  |  | 10.6 |  |  | (8.9 | ) |  | 1.7 |
Total intangible assets with definite lives | 129.3 |  |  | (93.4 | ) |  | 35.9 |  |  | 113.2 |  |  | (82.0 | ) |  | 31.2 |
Trademarks and tradenames with indefinite lives | 8.9 |  |  | — |  |  | 8.9 |  |  | 8.9 |  |  | — |  |  | 8.9 |
Total identifiable intangible assets | $ | 138.2 |  |  | $ | (93.4 | ) |  | $ | 44.8 |  |  | $ | 122.1 |  |  | $ | (82.0 | ) |  | $ | 40.1 |
Summary of Identifiable Intangible Assets with Definite Useful Lives | The following tables summarize our identifiable intangible assets with definite and indefinite useful lives. As of September 30, 2017, there were no impairment indicators present.
| September 30, 2017 |  | December 31, 2016
(In millions) | Gross Carrying Value |  | Accumulated Amortization |  | Net |  | Gross Carrying Value |  | Accumulated Amortization |  | Net
Customer relationships | $ | 31.9 |  |  | $ | (19.0 | ) |  | $ | 12.9 |  |  | $ | 25.0 |  |  | $ | (17.5 | ) |  | $ | 7.5 |
Trademarks and tradenames | 0.7 |  |  | (0.3 | ) |  | 0.4 |  |  | 0.6 |  |  | (0.2 | ) |  | 0.4 |
Capitalized software | 48.7 |  |  | (37.8 | ) |  | 10.9 |  |  | 42.6 |  |  | (31.2 | ) |  | 11.4 |
Technology | 37.4 |  |  | (26.7 | ) |  | 10.7 |  |  | 34.4 |  |  | (24.2 | ) |  | 10.2 |
Contracts | 10.6 |  |  | (9.6 | ) |  | 1.0 |  |  | 10.6 |  |  | (8.9 | ) |  | 1.7 |
Total intangible assets with definite lives | 129.3 |  |  | (93.4 | ) |  | 35.9 |  |  | 113.2 |  |  | (82.0 | ) |  | 31.2 |
Trademarks and tradenames with indefinite lives | 8.9 |  |  | — |  |  | 8.9 |  |  | 8.9 |  |  | — |  |  | 8.9 |
Total identifiable intangible assets | $ | 138.2 |  |  | $ | (93.4 | ) |  | $ | 44.8 |  |  | $ | 122.1 |  |  | $ | (82.0 | ) |  | $ | 40.1 |
Remaining Estimated Future Amortization Expense | The following table shows the remaining estimated future amortization expense at September 30, 2017.
Year | Amount (in millions)
Remainder of 2017 | $ | 6.3 |
2018 | 12.8 |
2019 | 2.6 |
2020 | 2.9 |
Thereafter | 11.3 |
Total | $ | 35.9 |

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