XML 25 R15.htm IDEA: XBRL DOCUMENT
v3.19.2

Goodwill and Intangible Assets, Net | 6 Months Ended
--- | ---
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, Net | Goodwill and Intangible Assets, Net. Goodwill consists of the following:
| June 30, 2019 |  | December 31, 2018
| Gross Carrying Amount |  | Accumulated Impairment |  | Net Carrying Value |  | Gross Carrying Amount |  | Accumulated Impairment |  | Net Carrying Value
| (in millions)
Automotive | $ | 336 |  |  | $ | (87 | ) |  | $ | 249 |  |  | $ | 328 |  |  | $ | (87 | ) |  | $ | 241 |
Food Packaging | 6 |  |  | — |  |  | 6 |  |  | 6 |  |  | — |  |  | 6 |
Home Fashion | 22 |  |  | — |  |  | 22 |  |  | — |  |  | — |  |  | — |
| $ | 364 |  |  | $ | (87 | ) |  | $ | 277 |  |  | $ | 334 |  |  | $ | (87 | ) |  | $ | 247 |
Intangible assets, net consists of the following:
| June 30, 2019 |  | December 31, 2018
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Value
| (in millions)
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 399 |  |  | $ | (144 | ) |  | $ | 255 |  |  | $ | 396 |  |  | $ | (134 | ) |  | $ | 262 |
Other | 287 |  |  | (139 | ) |  | 148 |  |  | 316 |  |  | (139 | ) |  | 177 |
| $ | 686 |  |  | $ | (283 | ) |  | $ | 403 |  |  | $ | 712 |  |  | $ | (273 | ) |  | $ | 439 |
Indefinite-lived intangible assets |  |  |  |  | $ | 62 |  |  |  |  |  |  | $ | 62 |
Intangible assets, net |  |  |  |  | $ | 465 |  |  |  |  |  |  | $ | 501 |
Amortization expense associated with definite-lived intangible assets was $11 million and $12 million for the three months ended June 30, 2019 and 2018, respectively, and $21 million and $24 million for the six months ended June 30, 2019 and 2018, respectively. We utilize the straight-line method of amortization, recognized over the estimated useful lives of the assets. Acquisitions during the three and six months ended June 30, 2019 were not material individually or in the aggregate. As a result of certain acquisitions, our Automotive segment allocated $8 million to goodwill and $1 million to definite-lived intangible assets in the first quarter of 2019. In addition, as a result of certain acquisitions, our Home Fashion segment allocated $22 million to goodwill in the second quarter of 2019 and our Metals segment allocated $12 million to definite-lived intangible assets, also in the second quarter of 2019.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration