XML 34 R17.htm IDEA: XBRL DOCUMENT
v3.22.0.1

GOODWILL AND OTHER INTANGIBLE ASSETS, NET | 12 Months Ended
--- | ---
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND OTHER INTANGIBLE ASSETS, NET | GOODWILL AND OTHER INTANGIBLE ASSETS, NET Changes in the carrying amount of goodwill were as follows:
| Dispensing and Specialty Closures |  | Metal Containers |  | Custom Containers |  | Total
| (Dollars in thousands)
Balance at December 31, 2019 | $ | 801,776 |  |  | $ | 113,463 |  |  | $ | 226,984 |  |  | $ | 1,142,223 |
Acquisitions | 515,595 |  |  | — |  |  | — |  |  | 515,595 |
Currency translation | 78,820 |  |  | 4,475 |  |  | 383 |  |  | 83,678 |
Balance at December 31, 2020 | 1,396,191 |  |  | 117,938 |  |  | 227,367 |  |  | 1,741,496 |
Acquisitions | 350,737 |  |  | 12,852 |  |  | — |  |  | 363,589 |
Currency translation | (62,231) |  |  | (4,598) |  |  | 152 |  |  | (66,677) |
Balance at December 31, 2021 | $ | 1,684,697 |  |  | $ | 126,192 |  |  | $ | 227,519 |  |  | $ | 2,038,408 |
The components of other intangible assets, net at December 31 were as follows:
| 2021 |  | 2020
| Gross Amount |  | Accumulated Amortization |  | Gross Amount |  | Accumulated Amortization
| (Dollars in thousands)
Definite-lived intangibles: |  |  |  |  |  |  |
Customer relationships | $ | 929,060 |  |  | $ | (174,377) |  |  | $ | 711,065 |  |  | $ | (147,014) |
Other | 82,697 |  |  | (38,748) |  |  | 72,689 |  |  | (31,672) |
| 1,011,757 |  |  | (213,125) |  |  | 783,754 |  |  | (178,686) |
Indefinite-lived intangibles: |  |  |  |  |  |  |
Trade names | 32,140 |  |  | — |  |  | 32,140 |  |  | — |
| $ | 1,043,897 |  |  | $ | (213,125) |  |  | $ | 815,894 |  |  | $ | (178,686) |
In connection with our acquisitions of Silgan Specialty Packaging, Unicep and Easytech as discussed in Note 3, we recognized intangible assets for customer relationships of $246.1 million, technology know-how of $8.6 million and trade names of $4.8 million. Amortization expense in 2021, 2020 and 2019 was $44.6 million, $36.2 million and $27.1 million, respectively. Amortization expense is expected to be $53.8 million, $53.8 million, $50.4 million, $49.6 million and $48.4 million for the years ended December 31, 2022 through 2026, respectively.

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: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration