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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Pay Versus Performance Table
The following table shows for 2023, 2022, 2021 and 2020:
 
 
●
  
the total compensation disclosed in the Summary Compensation Table (SCT Compensation) for Mr. Kowlzan, our principal executive officer (the PEO) for each of those years;
 
 
●
  
the average SCT Compensation for Mr. Hassfurther, Mr. Mundy, Mr. Carter and Mr. Shirley, who were our other named executive officers (the Non-PEO NEOs) for each of those years;
 
 
●
  
the Compensation Actually Paid (CAP), as determined in accordance with Item 402(v) of Regulation S-K under the Securities Exchange Act of 1934, for Mr. Kowlzan for each of those years;
 
 
●
  
the average CAP for the Other NEOs for each of those years;
 
 
●
  
the value of an initial fixed $100 investment made on January 1, 2020 as of the end of each of those years in: (a) the Company; and (b) the comparative peer group (the “Comparative Peer Group”) described under “—Long Term Equity Awards” elsewhere in this section (which is the peer group we measure performance against on a relative basis for purposes of determining payouts under our performance units and which is unchanged from the peer group we used in last year’s PVP table) on a weighted-average market capitalization basis;
 
 
●
  
our net income for each of those years, as reported in accordance with generally accepted accounting principles; and
 
 
●
  
our earnings per share, excluding special items
3
, for each of those years, which we believe is the most important financial performance measure to us, other than TSR to link compensation actually paid to our performance.
 
Year
  
SCT Total

for PEO(1)
  
CAP for

PEO(1)
  
Average

SCT Total
for
Non-

PEO

NEOs(1)
  
Average
CAP to
Non-PEO

NEOs(1)
  
Value of Initial

Fixed $100 Investments
based on:
  
Net Income
(in millions)
  
Company
Selected
Measure
of
Earnings
Per
Share,
Excluding
Special
Items
 
Total
Shareholder
Return of
the
Company
  
Peer Group
Total
Shareholder
Return
2023
     $ 15,228,190     $ 26,358,360     $ 5,637,042     $ 9,342,353     $ 166.01     $ 149.05     $ 765.2     $ 8.70
2022
       12,231,634       14,187,010       5,036,654       5,617,099       125.88       121.86       1,029.8       11.14
2021
       12,517,313       8,937,387       4,655,014       3,497,059       129.32       152.87       841.1       9.39
2020
       10,443,674       17,543,943       4,029,973       6,289,416       127.27       118.94       461.0       5.78
 
3
Earnings per share excluding special items is a Non-GAAP financial measure, which we present throughout this proxy statement. Important information relating to our use of this Non-GAAP financial measure and a reconciliation of this Non-GAAP financial measure to the most comparable financial measure presented in accordance with Generally Accepted Accounting Principles (GAAP) are included on Appendix A to this proxy statement as well as in Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2023 under the captions “Executive Summary” and “Reconciliations of Non-GAAP Financial Measures to Reported Amounts.”
 
  (1)
Below is a reconciliation of the SCT total to the CAP total for the PEO:
 
Year
  
Summary
Compensation
Table (SCT)

Total
Compensation
    
SCT

Change in
Pension

Value
    
CAP
Pension
Service
Cost
    
SCT Equity
Value
    
Fair Value

as of Year

End of
Equity
Awards
Granted
During the
Year
    
Increase
(Decrease)
from Prior-
Year-End

Fair Value

of Awards

that Vested

During the
Year
    
Year-over-
Year

Increase
(Decrease)

in Fair

Value of
Unvested
Awards
Granted in
Prior Years
    
Dividends
    
Total
  
2023
   $ 15,228,190     ($ 888,965 )    $ 252,829     ($ 9,604,906 )    $ 12,497,223     $ 1,159,227     $ 7,167,023     $ 547,739     $ 26,358,360  
2022
     12,231,634       -       394,222       (7,250,018 )      5,991,532       2,605,270       (284,918 )    $ 499,288     $ 14,187,010  
2021
     12,517,313       (325,321 )      409,787       (6,745,717 )      6,398,487       (1,142,952 )      (2,563,862 )      389,652       8,937,387  
2020
     10,443,674       (1,164,693 )      476,277       (5,575,067 )      8,854,213       (845,467 )      5,104,418       250,588       17,543,943  
Below is a reconciliation of the average SCT total to the average CAP total for the non-PEO NEOs.
 
Year
  
Summary
Compensation
Table (SCT)
Total
Compensation
    
SCT
Change in
Pension
Value
    
CAP
Pension
Service
Cost
    
SCT Equity

Value
    
Fair Value

as of Year

End of

Equity

Awards
Granted
During the
Year
    
Increase
(Decrease)
from Prior-
Year-End

Fair Value

of Awards
that Vested
During the
Year
    
Year-over-

Year

Increase

(Decrease)
in Fair

Value of
Unvested
Awards
Granted in
Prior Years
    
Dividends
    
Total
  
2023   $ 5,637,042     ($ 311,772 )    $ 63,957     ($ 3,019,176 )    $ 3,928,335     $ 388,155     $ 2,471,924     $ 183,888     $ 9,342,353  
2022
     5,036,654       -       98,616       (2,634,404 )      2,177,112       852,667       (95,409 )      181,863       5,617,099  
2021
     4,655,014       (98,480 )      102,592       (2,258,776 )      2,142,514       (326,641 )      (856,519 )      137,355       3,497,059  
2020
     4,029,973       (423,033 )      91,261       (1,866,742 )      2,964,722       (146,679 )      1,559,373       80,541       6,289,416  
Outstanding and unvested stock awards included in CAP are valued as of the end of the year presented using methodology consistent with the valuation of such awards on the grant date and described in Note 1 to the Summary Compensation Table included in this proxy statement. Restricted stock is valued at the closing market price on the New York Stock Exchange on the last trading day of the year presented. The valuation of ROIC Units is determined based upon the probable outcome, which, for all outstanding units for all periods, was payout at 100%. The valuation of the TSR Units was redetermined as of the end of each year based upon a Monte Carlo simulation.
In each case, “Dividends” include dividends paid in cash on unvested restricted stock awards and the year over year change in value of accrued dividends on ROIC Performance Units.
     
Company Selected Measure Name Earnings per share excluding special items      
Named Executive Officers, Footnote the average SCT Compensation for Mr. Hassfurther, Mr. Mundy, Mr. Carter and Mr. Shirley, who were our other named executive officers (the Non-PEO NEOs) for each of those years;      
Peer Group Issuers, Footnote the value of an initial fixed $100 investment made on January 1, 2020 as of the end of each of those years in: (a) the Company; and (b) the comparative peer group (the “Comparative Peer Group”) described under “—Long Term Equity Awards” elsewhere in this section (which is the peer group we measure performance against on a relative basis for purposes of determining payouts under our performance units and which is unchanged from the peer group we used in last year’s PVP table) on a weighted-average market capitalization basis;      
PEO Total Compensation Amount $ 15,228,190 $ 12,231,634 $ 12,517,313 $ 10,443,674
PEO Actually Paid Compensation Amount $ 26,358,360 14,187,010 8,937,387 17,543,943
Adjustment To PEO Compensation, Footnote
  (1)
Below is a reconciliation of the SCT total to the CAP total for the PEO:
 
Year
  
Summary
Compensation
Table (SCT)

Total
Compensation
    
SCT

Change in
Pension

Value
    
CAP
Pension
Service
Cost
    
SCT Equity
Value
    
Fair Value

as of Year

End of
Equity
Awards
Granted
During the
Year
    
Increase
(Decrease)
from Prior-
Year-End

Fair Value

of Awards

that Vested

During the
Year
    
Year-over-
Year

Increase
(Decrease)

in Fair

Value of
Unvested
Awards
Granted in
Prior Years
    
Dividends
    
Total
  
2023
   $ 15,228,190     ($ 888,965 )    $ 252,829     ($ 9,604,906 )    $ 12,497,223     $ 1,159,227     $ 7,167,023     $ 547,739     $ 26,358,360  
2022
     12,231,634       -       394,222       (7,250,018 )      5,991,532       2,605,270       (284,918 )    $ 499,288     $ 14,187,010  
2021
     12,517,313       (325,321 )      409,787       (6,745,717 )      6,398,487       (1,142,952 )      (2,563,862 )      389,652       8,937,387  
2020
     10,443,674       (1,164,693 )      476,277       (5,575,067 )      8,854,213       (845,467 )      5,104,418       250,588       17,543,943  
      
Non-PEO NEO Average Total Compensation Amount $ 5,637,042 5,036,654 4,655,014 4,029,973
Non-PEO NEO Average Compensation Actually Paid Amount $ 9,342,353 5,617,099 3,497,059 6,289,416
Adjustment to Non-PEO NEO Compensation Footnote
Below is a reconciliation of the average SCT total to the average CAP total for the non-PEO NEOs.
 
Year
  
Summary
Compensation
Table (SCT)
Total
Compensation
    
SCT
Change in
Pension
Value
    
CAP
Pension
Service
Cost
    
SCT Equity

Value
    
Fair Value

as of Year

End of

Equity

Awards
Granted
During the
Year
    
Increase
(Decrease)
from Prior-
Year-End

Fair Value

of Awards
that Vested
During the
Year
    
Year-over-

Year

Increase

(Decrease)
in Fair

Value of
Unvested
Awards
Granted in
Prior Years
    
Dividends
    
Total
  
2023   $ 5,637,042     ($ 311,772 )    $ 63,957     ($ 3,019,176 )    $ 3,928,335     $ 388,155     $ 2,471,924     $ 183,888     $ 9,342,353  
2022
     5,036,654       -       98,616       (2,634,404 )      2,177,112       852,667       (95,409 )      181,863       5,617,099  
2021
     4,655,014       (98,480 )      102,592       (2,258,776 )      2,142,514       (326,641 )      (856,519 )      137,355       3,497,059  
2020
     4,029,973       (423,033 )      91,261       (1,866,742 )      2,964,722       (146,679 )      1,559,373       80,541       6,289,416  
Outstanding and unvested stock awards included in CAP are valued as of the end of the year presented using methodology consistent with the valuation of such awards on the grant date and described in Note 1 to the Summary Compensation Table included in this proxy statement. Restricted stock is valued at the closing market price on the New York Stock Exchange on the last trading day of the year presented. The valuation of ROIC Units is determined based upon the probable outcome, which, for all outstanding units for all periods, was payout at 100%. The valuation of the TSR Units was redetermined as of the end of each year based upon a Monte Carlo simulation.
In each case, “Dividends” include dividends paid in cash on unvested restricted stock awards and the year over year change in value of accrued dividends on ROIC Performance Units.
     
Compensation Actually Paid vs. Total Shareholder Return
The following chart shows our CAP to our PEO and our average CAP to our Other NEOs (presented as bars) for the years presented; and our TSR and the TSR of our Comparative Peer Group based upon the value of an initial $100 investment made on January 1, 2020 (presented as lines) as of the end of the years presented:
 
 
LOGO
     
Compensation Actually Paid vs. Net Income
The following chart shows our CAP to our PEO and our average CAP to our Other NEOs (presented as bars) and our net income (presented as a line) for the years presented:
 
 
LOGO
     
Compensation Actually Paid vs. Company Selected Measure
The following chart shows our CAP to our PEO and our average CAP to our Other NEOs (presented as bars) and our earnings per share, excluding special items (presented as a line) for the years presented:
 
LOGO
     
Total Shareholder Return Vs Peer Group
The following chart shows our CAP to our PEO and our average CAP to our Other NEOs (presented as bars) for the years presented; and our TSR and the TSR of our Comparative Peer Group based upon the value of an initial $100 investment made on January 1, 2020 (presented as lines) as of the end of the years presented:
 
 
LOGO
     
Tabular List, Table
List of Financial Performance Measures Used to Link CAP to Performance
 
  •  
Relative total shareholder return
(against peer companies)
 
  •  
Earnings per share, excluding special items
 
  •  
Return on invested capital
 
      
Total Shareholder Return Amount $ 166.01 125.88 129.32 127.27
Peer Group Total Shareholder Return Amount 149.05 121.86 152.87 118.94
Net Income (Loss) $ 765,200,000 $ 1,029,800,000 $ 841,100,000 $ 461,000,000
Company Selected Measure Amount 8.7 11.14 9.39 5.78
PEO Name Mr. Kowlzan      
Measure:: 1        
Pay vs Performance Disclosure        
Name Relative total shareholder return (against peer companies)      
Measure:: 2        
Pay vs Performance Disclosure        
Name Earnings per share, excluding special items      
Non-GAAP Measure Description Earnings per share excluding special items is a Non-GAAP financial measure, which we present throughout this proxy statement. Important information relating to our use of this Non-GAAP financial measure and a reconciliation of this Non-GAAP financial measure to the most comparable financial measure presented in accordance with Generally Accepted Accounting Principles (GAAP) are included on Appendix A to this proxy statement as well as in Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2023 under the captions “Executive Summary” and “Reconciliations of Non-GAAP Financial Measures to Reported Amounts.      
Measure:: 3        
Pay vs Performance Disclosure        
Name Return on invested capital      
PEO | SCT Change in Pension Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (888,965)   $ (325,321) $ (1,164,693)
PEO | CAP Pension Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 252,829 $ 394,222 409,787 476,277
PEO | SCT Equity Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (9,604,906) (7,250,018) (6,745,717) (5,575,067)
PEO | Fair Value as of Year End of Equity Awards Granted During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 12,497,223 5,991,532 6,398,487 8,854,213
PEO | Prior YearEnd Fair Value of Awards that Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,159,227 2,605,270 (1,142,952) (845,467)
PEO | Yearover Year Increase (Decrease) in Fair Value of Unvested Awards Granted in Prior Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 7,167,023 (284,918) (2,563,862) 5,104,418
PEO | Dividends [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 547,739 499,288 389,652 250,588
Non-PEO NEO | SCT Change in Pension Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (311,772)   (98,480) (423,033)
Non-PEO NEO | CAP Pension Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 63,957 98,616 102,592 91,261
Non-PEO NEO | SCT Equity Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (3,019,176) (2,634,404) (2,258,776) (1,866,742)
Non-PEO NEO | Fair Value as of Year End of Equity Awards Granted During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 3,928,335 2,177,112 2,142,514 2,964,722
Non-PEO NEO | Prior YearEnd Fair Value of Awards that Vested During the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 388,155 852,667 (326,641) (146,679)
Non-PEO NEO | Yearover Year Increase (Decrease) in Fair Value of Unvested Awards Granted in Prior Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 2,471,924 (95,409) (856,519) 1,559,373
Non-PEO NEO | Dividends [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 183,888 $ 181,863 $ 137,355 $ 80,541