v3.25.2
Goodwill and Identifiable Intangible Assets, net (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Balances by Segment Reporting Structure
The following table shows our goodwill balances by reportable segment: 
(In millions)FoodProtectiveTotal
Gross Carrying Value at December 31, 2024$1,277.9 $1,790.2 $3,068.1 
Accumulated amortization(1)
(48.9)(140.7)(189.6)
Carrying Value at December 31, 2024$1,229.0 $1,649.5 $2,878.5 
Currency translation10.1 13.9 24.0 
Carrying Value at June 30, 2025$1,239.1 $1,663.4 $2,902.5 
(1)There was no change to our accumulated amortization balance during the six months ended June 30, 2025.
Schedule of Identifiable Intangible Assets with Indefinite Useful Lives
The following tables summarize our identifiable intangible assets, net with definite and indefinite useful lives. As of June 30, 2025, there were no impairment indicators present.
 June 30, 2025December 31, 2024
(In millions)Gross
Carrying Value		Accumulated AmortizationNetGross
Carrying Value		Accumulated AmortizationNet
Customer relationships$288.5 $(103.6)$184.9 $284.0 $(89.9)$194.1 
Trademarks and tradenames56.9 (26.5)30.4 56.5 (23.9)32.6 
Software159.9 (139.6)20.3 156.3 (131.5)24.8 
Technology198.4 (85.8)112.6 196.2 (75.9)120.3 
Contracts11.5 (10.8)0.7 11.4 (10.5)0.9 
Total intangible assets with definite lives715.2 (366.3)348.9 704.4 (331.7)372.7 
Trademarks and tradenames with indefinite lives8.9 — 8.9 8.9 — 8.9 
Total identifiable intangible assets, net$724.1 $(366.3)$357.8 $713.3 $(331.7)$381.6 
Schedule of Identifiable Intangible Assets with Definite Useful Lives
The following tables summarize our identifiable intangible assets, net with definite and indefinite useful lives. As of June 30, 2025, there were no impairment indicators present.
 June 30, 2025December 31, 2024
(In millions)Gross
Carrying Value		Accumulated AmortizationNetGross
Carrying Value		Accumulated AmortizationNet
Customer relationships$288.5 $(103.6)$184.9 $284.0 $(89.9)$194.1 
Trademarks and tradenames56.9 (26.5)30.4 56.5 (23.9)32.6 
Software159.9 (139.6)20.3 156.3 (131.5)24.8 
Technology198.4 (85.8)112.6 196.2 (75.9)120.3 
Contracts11.5 (10.8)0.7 11.4 (10.5)0.9 
Total intangible assets with definite lives715.2 (366.3)348.9 704.4 (331.7)372.7 
Trademarks and tradenames with indefinite lives8.9 — 8.9 8.9 — 8.9 
Total identifiable intangible assets, net$724.1 $(366.3)$357.8 $713.3 $(331.7)$381.6 
Schedule of Remaining Estimated Future Amortization Expense
The following table shows the remaining estimated future amortization expense at June 30, 2025. 
Year
Amount
(In millions)
Remainder of 2025$29.2 
202648.2 
202743.1 
202840.5 
202938.1 
Thereafter149.8 
Total$348.9