https://www.avient.com/sites/default/files/resources/PolyOne%25202016%2520Annual%2520Report%2520Web.pdf
We purchased assets from Kraton’s thermoplastic elastomer business to augment our leading GLS offerings and expertise.
Goodwill as of December 31, 2016 and 2015, and changes in the carrying amount of goodwill by segment were as follows: (In millions) Specialty Engineered Materials Color, Additives and Inks Designed Structures and Solutions Performance Products and Solutions PolyOne Distribution Total Goodwill, gross at January 1, 2015 $ 111.6 $ 349.8 $ 144.7 $ 186.2 $ 1.6 $ 793.9 Accumulated impairment losses (12.2) (16.1) — (175.0) — (203.3) Goodwill, net at January 1, 2015 99.4 333.7 144.7 11.2 1.6 590.6 Acquisitions of businesses — 8.6 — — — 8.6 Currency translation (1.4) (0.1) — — — (1.5) Balance at December 31, 2015 98.0 342.2 144.7 11.2 1.6 597.7 Acquisitions of businesses 74.9 4.5 — — — 79.4 Currency translation 0.6 (0.3) — — — 0.3 Balance at December 31, 2016 $ 173.5 $ 346.4 $ 144.7 $ 11.2 $ 1.6 $ 677.4 At December 31, 2016, PolyOne had $100.3 million of indefinite-lived intangible assets that are not subject to amortization, consisting of a trade name of $33.2 million acquired as part of the acquisition of GLS Corporation (GLS), trade names of $63.1 million acquired as part of the acquisition of ColorMatrix Group, Inc.
Indefinite-lived intangible assets primarily consist of the GLS, ColorMatrix and Gordon Composites trade names.