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Segment Information - Analysis of Operations by Reportable Segment (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]      
Revenue $ 7,802.4 $ 8,478.0 $ 7,730.3
Operating Income (Loss) 1,075.1 1,420.7 1,241.4
Non-operating pension income and expense (7.7) 14.5 19.7
Interest expense, net (53.3) (70.4) (152.4) [1]
Income before taxes 1,014.1 1,364.8 1,108.7
Depreciation, Amortization, and Depletion 517.7 456.8 417.5
Capital Expenditures 469.7 824.2 605.1
Segment, Expenditure, Addition to Long-Lived Assets [2] 469.7 824.2 605.1
Assets 8,681.1 8,003.8 7,836.8
Trade      
Segment Reporting Information [Line Items]      
Revenue 7,802.4 8,478.0 7,730.3
Intersegment Eliminations      
Segment Reporting Information [Line Items]      
Revenue (176.5) (168.2) (152.4)
Operating Segments      
Segment Reporting Information [Line Items]      
Revenue 7,802.4 8,478.0 7,730.3
Segment Reconciling Items      
Segment Reporting Information [Line Items]      
Revenue (176.5) (168.2) (152.4)
Packaging      
Segment Reporting Information [Line Items]      
Revenue 7,135.6 7,780.7 7,052.6
Operating Income (Loss) 1,074.3 [3] 1,423.7 [4] 1,306.0 [5]
Depreciation, Amortization, and Depletion 472.5 420.2 381.0
Segment, Expenditure, Addition to Long-Lived Assets [2] 426.8 753.5 562.5
Assets 6,903.7 6,986.5 6,603.3
Packaging | Trade      
Segment Reporting Information [Line Items]      
Revenue 7,116.7 7,760.7 7,036.2
Packaging | Intersegment Eliminations      
Segment Reporting Information [Line Items]      
Revenue 18.9 20.0 16.4
Packaging | Operating Segments      
Segment Reporting Information [Line Items]      
Revenue 7,135.6 7,780.7 7,052.6
Paper      
Segment Reporting Information [Line Items]      
Revenue 595.4 622.1 599.7
Operating Income (Loss) 118.9 [6] 103.0 [7] (39.1) [8]
Depreciation, Amortization, and Depletion 29.6 26.1 27.4
Segment, Expenditure, Addition to Long-Lived Assets [2] 9.7 14.1 30.1
Assets 384.4 403.1 398.9
Paper | Trade      
Segment Reporting Information [Line Items]      
Revenue 595.4 622.1 599.6
Paper | Intersegment Eliminations      
Segment Reporting Information [Line Items]      
Revenue     0.1
Paper | Operating Segments      
Segment Reporting Information [Line Items]      
Revenue 595.4 622.1 599.7
Corporate and Other      
Segment Reporting Information [Line Items]      
Revenue 71.4 75.2 78.0
Operating Income (Loss) (118.1) (106.0) (103.7) [9]
Depreciation, Amortization, and Depletion 15.6 10.5 9.1
Segment, Expenditure, Addition to Long-Lived Assets [2] 33.2 56.6 12.5
Assets 1,393.0 614.2 834.6
Corporate and Other | Trade      
Segment Reporting Information [Line Items]      
Revenue 90.3 95.2 94.5
Corporate and Other | Intersegment Eliminations      
Segment Reporting Information [Line Items]      
Revenue 157.6 148.2 135.9
Corporate and Other | Operating Segments      
Segment Reporting Information [Line Items]      
Revenue $ 247.9 $ 243.4 $ 230.4
[1] Includes $58.9 million of costs related to the Company's debt refinancing completed in October 2021, which included a redemption premium and the write-off of the remaining balance of unamortized debt issuance costs.
[2] Includes “Additions to property, plant, and equipment” and excludes cash used for “Acquisition of business, net of cash acquired” as reported on our Consolidated Statements of Cash Flows.
[3] Includes $14.4 million of charges related to the closure of corrugated products facilities and design centers, partially offset by a gain on sale of a corrugated products facility.
[4] Includes the following:
•
$5.3 million of charges related to the announced discontinuation of production of UFS paper grades on the No. 3 machine at the Jackson, Alabama mill associated with the permanent conversion of the machine to produce linerboard and other paper-to-containerboard conversion related activities.
•
$0.7 million of charges consisting of closure costs partially offset by insurance proceeds received for a natural disaster at one of the corrugated products facilities, a gain on sale of assets related to a corrugated products facility, and a favorable lease buyout for a closed corrugated products facility.
•
$1.0 million of income from a favorable inventory adjustment related to the December 2021 Advance Packaging Corporation acquisition, partially offset by acquisition and integration related costs.
[5] Includes the following:
•
$4.3 million of charges related to the announced discontinuation of production of UFS paper grades on the No. 3 machine at the Jackson, Alabama mill associated with the permanent conversion of the machine to produce linerboard and other paper-to-containerboard conversion related activities.
•
$2.8 million of income primarily consisting of an adjustment of the required asset retirement obligation related to the 2020 closure of the San Lorenzo, California facility, a gain on sale of corrugated products facilities, and insurance proceeds received for a natural disaster at one of the corrugated products facilities, partially offset by closure costs related to corrugated products facilities.
•
$0.4 million of charges for acquisition and integration costs related to the December 2021 Advance Packaging Corporation acquisition.
[6] Includes $11.1 million of charges related to the announced discontinuation of production of UFS paper grades on the No. 3 machine at the Jackson, Alabama mill associated with the permanent conversion of the machine to produce linerboard and other paper-to-containerboard conversion related activities.
[7] Includes $8.8 million of charges related to the announced discontinuation of production of UFS paper grades on the No. 3 machine at the Jackson, Alabama mill associated with the permanent conversion of the machine to produce linerboard and other paper-to-containerboard conversion related activities.
[8] Includes $9.3 million of charges related to the announced discontinuation of production of UFS paper grades on the No. 3 machine at the Jackson, Alabama mill associated with the permanent conversion of the machine to produce linerboard and other paper-to-containerboard conversion related activities.
[9] Includes the following:
•
$0.8 million of income related to a gain on sale of transportation assets.
•
$0.5 million of charges for acquisition and integration costs related to the December 2021 Advance Packaging Corporation acquisition.
•
$0.4 million of charges related to the announced discontinuation of UFS paper grades on the No. 3 machine at the Jackson, Alabama mill associated with the permanent conversion of the machine to produce linerboard and other paper-to-containerboard conversion related activities.