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Goodwill and Intangible Assets, Net (Notes)
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]
Goodwill and Other Intangible Assets, Net
A summary of changes in the Company’s goodwill by reportable business segment is as follows (in millions):
Segment
December 31, 2015
Balance
Acquisitions(1)
Other Adjustments
Foreign Currency
June 30,
2016
Balance
Writing
$
1,359.0

$
16.3

$

$
5.7

$
1,381.0

Home Solutions
361.1




361.1

Tools
474.4



(1.9
)
472.5

Commercial Products
387.3



(0.5
)
386.8

Baby & Parenting
209.4



3.9

213.3

Branded Consumables

4,288.0



4,288.0

Consumer Solutions

1,951.3



1,951.3

Outdoor Solutions

2,541.5



2,541.5

Process Solutions

385.4



385.4

 
$
2,791.2

$
9,182.5

$

$
7.2

$
11,980.9

(1)
Amounts primarily represent the preliminary estimate of goodwill attributable to the Jarden Acquisition and the preliminary allocation of goodwill to the Company’s segments.
In connection with the Jarden Acquisition, the Company acquired intangible assets primarily consisting of trademarks, trade names, customer relationships and distributor channels. Based on the preliminary purchase price allocation, the Company allocated $11,923.1 million of the purchase price for the Jarden Acquisition to identified intangible assets. The preliminary amounts included in the Gross Carrying Amount in the table below attributable to the Jarden Acquisition are as follows: trade names - indefinite life - $8,586.0 million; trade names - other - $37.5 million; capitalized software - $65.5 million; customer relationships & distributor channels - $3,076.0 million; and, other intangible assets - $158.1 million. Intangible assets, net consisted of the following as of the dates indicated (in millions):
 
June 30, 2016
 
December 31, 2015
 
Gross Carrying Amount
Accumulated Amortization
Net Book Value
 
Gross Carrying Amount
Accumulated Amortization
Net Book Value
Trade names — indefinite life
$
9,255.0

$

$
9,255.0

 
$
653.4

$

$
653.4

Trade names — other
89.2

(31.5
)
57.7

 
46.0

(30.0
)
16.0

Capitalized software
550.2

(274.3
)
275.9

 
465.6

(252.7
)
212.9

Patents and intellectual property
289.4

(102.1
)
187.3

 
142.8

(89.9
)
52.9

Customer relationships & distributor channels
3,299.6

(140.9
)
3,158.7

 
231.9

(104.5
)
127.4

Other
23.3

(4.6
)
18.7

 
4.2

(3.1
)
1.1

 
$
13,506.7

$
(553.4
)
$
12,953.3

 
$
1,543.9

$
(480.2
)
$
1,063.7


The table below summarizes the Company’s amortization periods for other intangible assets, including capitalized software, as of June 30, 2016:
 
Amortization Periods (in years)
Trade names — indefinite life
N/A
Trade names — other
3–30 years
Capitalized software
3–12 years
Patents and intellectual property
3–14 years
Customer relationships & distributor channels
3–30 years
Other
3–5 years
 
 

Amortization expense for intangible assets for continuing operations was $59.4 million and $18.8 million for the three months ended June 30, 2016 and 2015, respectively, and $79.2 million and $38.4 million for the six months ended June 30, 2016 and 2015, respectively.
As of June 30, 2016 , the aggregate estimated intangible amortization amounts for the six months ending December 31, 2016 and succeeding four years ending December 31, are as follows (in millions):
2016
2017
2018
2019
2020
$135.0
$331.7
$317.0
$275.1
$235.2

Actual amortization expense to be reported in future periods could differ materially from these estimates as a result of finalizing the purchase price allocation of the Jarden Acquisition, future acquisitions, changes in useful lives and other relevant factors.