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Goodwill and Identifiable Intangible Assets, Net | 3 Months Ended
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Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Identifiable Intangible Assets, Net | Goodwill and Identifiable Intangible Assets, Net Goodwill The following table shows our goodwill balances by reportable segment. 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 March 31, 2018, 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, 2017 |  | $ | 526.9 |  |  | $ | 1,412.9 |  |  | $ | 1,939.8 |
Purchase price and other adjustments |  | (0.6 | ) |  | (0.2 | ) |  | (0.8 | )
Currency translation |  | 3.9 |  |  | 0.4 |  |  | 4.3 |
Carrying Value at March 31, 2018 |  | $ | 530.2 |  |  | $ | 1,413.1 |  |  | $ | 1,943.3 |
Identifiable Intangible Assets, Net The following tables summarize our identifiable intangible assets, net. As of March 31, 2018, there were no impairment indicators present.
| March 31, 2018 |  | December 31, 2017
(In millions) | Gross Carrying Value |  | Accumulated Amortization |  | Net |  | Gross Carrying Value |  | Accumulated Amortization |  | Net
Customer relationships | $ | 57.1 |  |  | $ | (20.5 | ) |  | $ | 36.6 |  |  | $ | 59.7 |  |  | $ | (19.7 | ) |  | $ | 40.0 |
Trademarks and tradenames | 11.7 |  |  | (0.7 | ) |  | 11.0 |  |  | 11.6 |  |  | (0.5 | ) |  | 11.1 |
Capitalized software | 53.3 |  |  | (42.0 | ) |  | 11.3 |  |  | 50.6 |  |  | (40.0 | ) |  | 10.6 |
Technology | 44.0 |  |  | (28.3 | ) |  | 15.7 |  |  | 39.2 |  |  | (27.5 | ) |  | 11.7 |
Contracts | 13.5 |  |  | (9.8 | ) |  | 3.7 |  |  | 10.9 |  |  | (9.6 | ) |  | 1.3 |
Total intangible assets with definite lives | 179.6 |  |  | (101.3 | ) |  | 78.3 |  |  | 172.0 |  |  | (97.3 | ) |  | 74.7 |
Trademarks and tradenames with indefinite lives | 8.9 |  |  | — |  |  | 8.9 |  |  | 8.9 |  |  | — |  |  | 8.9 |
Total identifiable intangible assets, net | $ | 188.5 |  |  | $ | (101.3 | ) |  | $ | 87.2 |  |  | $ | 180.9 |  |  | $ | (97.3 | ) |  | $ | 83.6 |
The following table shows the remaining estimated future amortization expense at March 31, 2018.
Year | Amount (in millions)
Remainder of 2018 | $ | 9.1 |
2019 | 9.2 |
2020 | 6.5 |
2021 | 5.0 |
Thereafter | 48.5 |
Total | $ | 78.3 |

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- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
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