GOODWILL AND OTHER INTANGIBLES RESULTING FROM BUSINESS ACQUISITIONS (Tables)

12 Months Ended

Dec. 29, 2018

GOODWILL AND OTHER INTANGIBLES RESULTING FROM BUSINESS ACQUISITIONS

Schedule of changes in net carrying amount of goodwill

(In millions)	Label and Graphic Materials		Retail Branding and Information Solutions		Industrial and Healthcare Materials		Total
Goodwill as of December 31, 2016	$	373.3	$	353.9	$	66.4	$	793.6
2017 Acquisitions(1)		17.5		–		125.5		143.0
Acquisition adjustments(2)		4.8		–		.7		5.5
Translation adjustments		33.9		1.5		7.6		43.0
Goodwill as of December 30, 2017		429.5		355.4		200.2		985.1
Acquisition adjustments(3)		–		–		(17.7)		(17.7)
Translation adjustments		(14.0)		(5.7)		(5.9)		(25.6)
Goodwill as of December 29, 2018	$	415.5	$	349.7	$	176.6	$	941.8

(1)	Goodwill acquired in 2017 related to the acquisitions of Hanita, which is included in our Label and Graphic Materials reportable segment, and Finesse Medical and Yongle Tape, which are included in our Industrial and Healthcare Materials reportable segment.
(2)	Goodwill purchase price allocation adjustments related to the acquisition of Mactac.
(3)	Goodwill purchase price allocation adjustments and measurement period adjustments for contingent consideration liabilities related to the acquisition of Yongle Tape.

Summary of the amounts and weighted useful lives of finite-lived intangible assets at acquisition

	Amount (in millions)		Weighted-average amortization period (in years)
Customer relationships	$	70.9		16
Patents and other acquired technology		31.9		9
Trade names and trademarks		4.2		6

	Amount (in millions)		Weighted-average amortization period (in years)
Customer relationships	$	26.1		15
Patents and other acquired technology		2.5		4

Schedule of finite-lived intangible assets

	2018						2017
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	322.2	$	231.8	$	90.4	$	329.2	$	226.4	$	102.8
Patents and other acquired technology		84.0		56.8		27.2		86.9		51.3		35.6
Trade names and trademarks		27.0		21.7		5.3		27.7		21.0		6.7
Other intangibles		11.9		11.9		–		12.0		12.0		–
Total	$	445.1	$	322.2	$	122.9	$	455.8	$	310.7	$	145.1

Estimated amortization expense for finite lived intangible assets

(In millions)	Estimated Amortization Expense
2019	$	13.4
2020		12.3
2021		12.1
2022		11.0
2023		10.0