Goodwill and Other Intangibles Resulting from Business Acquisitions (Tables)

9 Months Ended

Sep. 26, 2020

Goodwill and Other Intangibles Resulting from Business Acquisitions

Schedule of changes in net carrying amount of goodwill

	Label and		Retail Branding		Industrial and
	Graphic		and Information		Healthcare
(In millions)	Materials		Solutions		Materials		Total
Goodwill as of December 28, 2019	$	407.8	$	349.3	$	173.7	$	930.8
Acquisition(1)		–		109.6		–		109.6
Translation adjustments		9.3		5.4		4.2		18.9
Goodwill as of September 26, 2020	$	417.1	$	464.3	$	177.9	$	1,059.3

⁽¹⁾Goodwill acquired related to the acquisition of Smartrac. The amount of goodwill recognized is not expected to be deductible for income tax purposes.

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

			Amortization
	Amount		period
	(in millions)		(in years)
Patents and other acquired technology	$	60.0	11
Customer relationships		16.0	6
Trade names and trademarks		2.0	5