XML 34 R76.htm IDEA: XBRL DOCUMENT
v3.20.1

Segments - Reportable Segment Summary Information (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Mar. 31, 2020 | Mar. 31, 2019 | Mar. 31, 2020 | Mar. 31, 2019
Segment Reporting Information [Line Items] |  |  |  |
Net sales | $ 3,141.0 | $ 2,309.9 | $ 9,324.8 | $ 6,855.3
Adjusted EBIT from continuing operations | (360.2) | (230.4) | (1,059.2) | (723.8)
Material Restructuring Programs | (19.3) | (7.0) | (60.0) | (44.7)
Equity Method Investment, Other than Temporary Impairment | 0.0 | 0.0 | 0.0 | (13.9)
Material Acquisition Costs and Other | (14.8) | (19.8) | (116.0) | (54.9)
Amortization of Acquired Intangible Assets in Business Combinations | (41.0) | (4.4) | (150.2) | (14.1)
Economic Net Investment Hedging Activities Not Qualifying For Hedge Accounting | 0.0 | (0.1) | 0.0 | 1.4
Impact of Hyperinflation | (4.9) | (10.5) | (23.4) | (29.5)
Net Legal Settlements | 0.0 | (0.6) | 0.0 | 14.9
EBIT From Continuing Operations | 280.2 | 188.0 | 709.6 | 583.0
Interest income | 5.3 | 3.5 | 18.3 | 11.6
Interest expense | (45.8) | (51.1) | (157.8) | (159.3)
Equity in (income) loss of affiliated companies | (3.6) | (5.6) | (8.1) | 1.3
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | 236.1 | 134.8 | 562.0 | 436.6
Bemis Acquisition |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Inventory Fair Value Step-Up, Business Combinations |  |  | 57.8 |
Business Combination Transaction Related Costs Not Qualifying as Exit Costs |  |  | 58.2 |
Sales Backlog Amortization, Business Combinations |  |  | 26.4 |
Flexibles |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales | 2,434.2 | 1,576.5 | 7,278.2 | 4,717.6
Adjusted EBIT from continuing operations | (326.9) | (174.7) | (946.8) | (543.6)
Rigid Packaging |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales | 706.8 | 733.4 | 2,046.6 | 2,137.7
Adjusted EBIT from continuing operations | (71.5) | (69.9) | (201.5) | (218.4)
Other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Adjusted EBIT from continuing operations | (38.2) | (14.2) | (89.1) | (38.2)
Reportable segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales | 3,141.6 | 2,310.0 | 9,326.9 | 6,856.3
Reportable segments | Flexibles |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales | 2,434.8 | 1,576.6 | 7,280.3 | 4,718.6
Reportable segments | Rigid Packaging |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales | 706.8 | 733.4 | 2,046.6 | 2,137.7
Reportable segments | Other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales | 0.0 | 0.0 | 0.0 | 0.0
Intersegment eliminations |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales | 0.6 | 0.1 | 2.1 | 1.0
Intersegment eliminations | Flexibles |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales | 0.6 | 0.1 | 2.1 | 1.0
Intersegment eliminations | Rigid Packaging |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales | 0.0 | 0.0 | 0.0 | 0.0
Intersegment eliminations | Other |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Net sales | $ 0.0 | $ 0.0 | $ 0.0 | $ 0.0

X
- Definition Adjusted EBIT From Continuing Operations + References No definition available. + Details
Name: | amcr_AdjustedEBITFromContinuingOperations
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amortization of Acquired Intangible Assets in Business Combinations + References No definition available. + Details
Name: | amcr_AmortizationofAcquiredIntangibleAssetsinBusinessCombinations
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Business Combination Transaction Related Costs Not Qualifying as Exit Costs + References No definition available. + Details
Name: | amcr_BusinessCombinationTransactionRelatedCostsNotQualifyingasExitCosts
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition EBIT From Continuing Operations + References No definition available. + Details
Name: | amcr_EBITFromContinuingOperations
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Economic Net Investment Hedging Activities Not Qualifying For Hedge Accounting + References No definition available. + Details
Name: | amcr_EconomicNetInvestmentHedgingActivitiesNotQualifyingForHedgeAccounting
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Impact of Hyperinflation + References No definition available. + Details
Name: | amcr_ImpactofHyperinflation
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Inventory Fair Value Step-Up, Business Combinations + References No definition available. + Details
Name: | amcr_InventoryFairValueStepUpBusinessCombinations
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Material Acquisition Costs and Other + References No definition available. + Details
Name: | amcr_MaterialAcquisitionCostsandOther
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Material Restructuring Programs + References No definition available. + Details
Name: | amcr_MaterialRestructuringPrograms
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Net Legal Settlements + References No definition available. + Details
Name: | amcr_NetLegalSettlements
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Sales Backlog Amortization, Business Combinations + References No definition available. + Details
Name: | amcr_SalesBacklogAmortizationBusinessCombinations
Namespace Prefix: | amcr_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition This item represents an other than temporary decline in value that has been recognized against an investment accounted for under the equity method of accounting. The excess of the carrying amount over the fair value of the investment represents the amount of the write down which is or was reflected in earnings. The written down value is a new cost basis with the adjusted value of the investment becoming its new carrying value subject to the equity accounting method. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=118954474&loc=d3e32787-111569 + Details
Name: | us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 940 -SubTopic 20 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68072869&loc=d3e41242-110953 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(10)) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(8)) -URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(15)) -URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260 + Details
Name: | us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(12)) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(10)) -URI http://asc.fasb.org/extlink&oid=116637232&loc=SL114874131-224263 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3602-108585 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(13)(f)) -URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109237563&loc=d3e33749-111570 + Details
Name: | us-gaap_IncomeLossFromEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28555-108399 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (210.5-03(11)) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.9) -URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260 + Details
Name: | us-gaap_InterestExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7(b)) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 + Details
Name: | us-gaap_InvestmentIncomeInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130543-203045 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045 + Details
Name: | us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=amcr_BemisAcquisitionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=amcr_FlexiblesSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=amcr_RigidPackagingSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=amcr_OtherSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |