XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.20.2

Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | Changes in the carrying amount of goodwill were as follows:
| Metal Containers |  | Closures |  | Plastic Containers |  | Total
| (Dollars in thousands) |  |  |  |  |  |
Balance at December 31, 2019 | $ | 113,463 |  |  | $ | 801,776 |  |  | $ | 226,984 |  |  | $ | 1,142,223 |
Acquisitions | — |  |  | 527,270 |  |  | — |  |  | 527,270 |
Currency translation | (84) |  |  | 35 |  |  | (830) |  |  | (879) |
Balance at June 30, 2020 | $ | 113,379 |  |  | $ | 1,329,081 |  |  | $ | 226,154 |  |  | $ | 1,668,614 |
Schedule of Finite-Lived Intangible Assets | The components of other intangible assets, net were as follows:
| June 30, 2020 |  |  |  | December 31, 2019 |  |
| Gross Amount |  | Accumulated Amortization |  | Gross Amount |  | Accumulated Amortization
| (Dollars in thousands) |  |  |  |  |  |
Definite-lived intangibles: |  |  |  |  |  |  |
Customer relationships | $ | 688,391 |  |  | $ | (126,737) |  |  | $ | 422,042 |  |  | $ | (116,575) |
Other | 68,075 |  |  | (26,713) |  |  | 39,447 |  |  | (22,439) |
| 756,466 |  |  | (153,450) |  |  | 461,489 |  |  | (139,014) |
Indefinite-lived intangibles: |  |  |  |  |  |  |
Trade names | 32,140 |  |  | — |  |  | 32,140 |  |  | — |
| $ | 788,606 |  |  | $ | (153,450) |  |  | $ | 493,629 |  |  | $ | (139,014) |
Schedule of Indefinite-Lived Intangible Assets | The components of other intangible assets, net were as follows:
| June 30, 2020 |  |  |  | December 31, 2019 |  |
| Gross Amount |  | Accumulated Amortization |  | Gross Amount |  | Accumulated Amortization
| (Dollars in thousands) |  |  |  |  |  |
Definite-lived intangibles: |  |  |  |  |  |  |
Customer relationships | $ | 688,391 |  |  | $ | (126,737) |  |  | $ | 422,042 |  |  | $ | (116,575) |
Other | 68,075 |  |  | (26,713) |  |  | 39,447 |  |  | (22,439) |
| 756,466 |  |  | (153,450) |  |  | 461,489 |  |  | (139,014) |
Indefinite-lived intangibles: |  |  |  |  |  |  |
Trade names | 32,140 |  |  | — |  |  | 32,140 |  |  | — |
| $ | 788,606 |  |  | $ | (153,450) |  |  | $ | 493,629 |  |  | $ | (139,014) |

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 Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration