Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Goodwill by Reportable Segment

Goodwill by reportable segment was as follows:

	Foodservice		Food Merchandising		Beverage Merchandising		Other (1) (2)		Total
Balance as of December 31, 2020	$	924	$	770	$	66	$	—	$	1,760
Impairment charges		—		—		—		—		—
Balance as of March 31, 2021	$	924	$	770	$	66	$	—	$	1,760
Accumulated impairment losses	$	—	$	—	$	—	$	15	$	15

⁽¹⁾ Other includes operations that do not meet the quantitative threshold for reportable segments.

⁽²⁾ During the three months ended March 31, 2021, we reduced the gross carrying amount of goodwill and accumulated impairment losses by $7 million for the disposition of the remaining South American closures businesses within the Other operating segment. Refer to Note 3, Assets and Liabilities Held for Sale, for additional details.

Summary of Indefinite-Lived Intangible Assets

Intangible assets, net consisted of the following:

	As of March 31, 2021							As of December 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Net		Gross Carrying Amount		Accumulated Amortization			Net
Finite-lived intangible assets
Customer relationships	$	1,019	$	(553	)	$	466	$	1,019	$	(540	)	$	479
Other		20		(20	)		—		20		(20	)		—
Total finite-lived intangible assets	$	1,039	$	(573	)	$	466	$	1,039	$	(560	)	$	479
Indefinite-lived intangible assets
Trademarks	$	554	$	—		$	554	$	554	$	—		$	554
Other		59		—			59		59		—			59
Total indefinite-lived intangible assets	$	613	$	—		$	613	$	613	$	—		$	613
Total intangible assets	$	1,652	$	(573	)	$	1,079	$	1,652	$	(560	)	$	1,092

Summary of Finite-Lived Intangible Assets

Intangible assets, net consisted of the following:

	As of March 31, 2021							As of December 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Net		Gross Carrying Amount		Accumulated Amortization			Net
Finite-lived intangible assets
Customer relationships	$	1,019	$	(553	)	$	466	$	1,019	$	(540	)	$	479
Other		20		(20	)		—		20		(20	)		—
Total finite-lived intangible assets	$	1,039	$	(573	)	$	466	$	1,039	$	(560	)	$	479
Indefinite-lived intangible assets
Trademarks	$	554	$	—		$	554	$	554	$	—		$	554
Other		59		—			59		59		—			59
Total indefinite-lived intangible assets	$	613	$	—		$	613	$	613	$	—		$	613
Total intangible assets	$	1,652	$	(573	)	$	1,079	$	1,652	$	(560	)	$	1,092