Goodwill

The Company evaluates goodwill for impairment at least annually during the fourth quarter. The annual tests during the fourth quarters of 2013, 2012 and 2011 resulted in no impairment. The Company has two reporting units with goodwill - Reconstituted Tobacco and Filtration - which are also reportable segments. The Paper segment has no remaining goodwill after $2.7 million in accumulated impairment losses.

The changes in the carrying amount of goodwill for each segment were as follows ($ in millions):



	Reconstituted Tobacco		Filtration		Total
Goodwill as of December 31, 2012	$	5.7	$	—	$	5.7

Goodwill acquired during the year	—		112.7		112.7
Foreign currency translation adjustments	0.3		—		0.3

Goodwill as of December 31, 2013	$	6.0	$	112.7	$	118.7