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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Jan. 02, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
PAY VS. PERFORMANCE DISCLOSURE
 
The table below reflects information regarding the compensation of our NEOs for the last four fiscal years, as well as our financial performance for those fiscal years, in accordance with SEC rules.
 
Year
  
Summary
Compensation
Table Total
for Stander
($)
(1)
  
Compensation
Actually Paid
to
Stander ($)
(2)
  
Summary
Compensation
Table Total
for
Butier ($)
(1)
  
Compensation
Actually Paid
to Butier ($)
(2)
  
Average
Summary
Compensation
Table Total
for
Non-CEO
NEOs ($)
(1)
  
Average
Compensation
Actually Paid to
Non-CEO
NEOs ($)
(2)
  
Value of Initial Fixed $100
Investments Based on:
  
Net Income ($)
  
Adjusted
EPS ($)
(4)
 
Total
Stockholder
Return ($)
  
Peer Group
Total
Stockholder
Return ($)
(3)
  
Former Peer
Group Total
Stockholder
Return ($)
(3)
2023
     $ 6,070,962     $ 7,216,077     $ 9,700,108     $ 10,879,032     $ 2,107,852     $ 351,353     $ 165.02     $ 118.91     $ 158.44     $ 502,988,000     $ 7.90
2022
       –       –     $ 9,107,739     $ 7,588,568     $ 2,405,277     $ 2,220,289     $ 145.19     $ 110.49     $ 133.60     $ 757,092,000     $ 9.15
2021
       –       –     $ 12,433,721     $ 31,508,041     $ 2,342,467     $ 5,263,092     $ 170.89     $ 134.41     $ 151.44     $ 740,087,000     $ 8.91
2020
       –       –     $ 8,709,348     $ 13,337,289     $ 2,248,966     $ 2,725,777     $ 120.83     $ 121.14     $ 117.22     $ 555,863,000     $ 7.10
 
 
(1)
 
For each fiscal year, represents amount reported for our CEO(s) and average amount reported for our
non-CEO
NEOs, in each case in the Total column of the Summary Compensation Table. Our NEOs for each of these fiscal years are shown below.
 
Year
   
CEO(s)
   
Non-CEO
NEOs
2023    Deon Stander/Mitchell Butier    Gregory Lovins, Francisco Melo, Deena
Baker-Nel
and Nicholas Colisto
2022    Mitchell Butier    Deon Stander, Gregory Lovins, Deena
Baker-Nel
and Ignacio Walker
2021    Mitchell Butier    Deon Stander, Gregory Lovins, Deena
Baker-Nel
and Ignacio Walker
2020    Mitchell Butier    Deon Stander, Gregory Lovins, Anne Hill and Susan Miller
 
 
(2)
 
Amounts represent Compensation Actually Paid to our CEO(s) and the average Compensation Actually Paid to our
non-CEO
NEOs for the relevant fiscal year. Compensation Actually Paid represents the amount reported in the Total column of the Summary Compensation Table for the applicable fiscal year. For 2023, amounts were adjusted as shown below. Fair value or change in fair value, as applicable, of equity awards in the Compensation Actually Paid columns was determined as follows: (i) for RSUs, the closing price of our common stock on the fiscal
year-end
date, or, in the case of vesting RSUs, the closing price of our common stock on the applicable vesting date; (ii) for the performance condition component of PUs, the same valuation methodology as RSUs except that
year-end
values were multiplied by a factor reflecting achievement of the probable outcome of the respective cumulative EVA performance objective as of the applicable measurement date; and (iii) for the market condition component of PUs and for MSUs, using the
Monte-Carlo
simulation method, which utilizes multiple input variables, including expected volatility of our stock price and other assumptions appropriate for determining fair value to estimate the probability of achieving the respective performance objective as of the applicable measurement date. For information on the inputs to our Monte-Carlo simulations, see the footnotes of our 2023 Summary Compensation Table. For these purposes, awards for retirement-eligible NEOs are considered vested only at the time of retirement.
 
   
2023
Adjustments
  
Stander
  
Butier
  
Average
Non-CEO NEOs
Decrease for amounts reported under Stock Awards and Option Awards columns in 2023 Summary Compensation Table
     $ (5,071,394 )     $ (8,285,412 )     $ (1,466,116 )
Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that remained unvested as of fiscal
year-end
2023, determined as of fiscal
year-end
2023
       6,275,523       8,478,701       1,475,171
Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that vested during fiscal year, determined as of vesting date
       274,937       1,099,647       121,693
Increase/Decrease for awards granted during prior fiscal years that were outstanding and unvested as of fiscal
year-end
2023, determined based on change in ASC 718 fair value from prior fiscal
year-end
to fiscal
year-end
2023
       (354,708 )       (1,784,812 )       (2,025,711 )
Increase/Decrease for awards granted during prior fiscal years that vested during fiscal year 2023, determined based on change in ASC 718 fair value from prior fiscal
year-end
to vesting date
       20,757       1,676,612       138,669
Decrease for change in the actuarial present values reported under Change in Pension Value and NQDC Earnings column of 2023 Summary Compensation Table
       –         (5,812 )       (205 )
Increase for service cost and, if applicable, prior service cost, for pension plans
       –         –         –  
Total Adjustments
    
$
 1,145,115
      
$
 1,178,924
      
$
(1,756,499
)
 
 
(3)
 
In 2023, we modified our peer group to show our relative performance more consistent with the methodology used by peer companies. For the relevant fiscal year, represents the cumulative TSR of the Dow Jones U.S. Containers & Packaging Index (the “Peer Group”), of which we are a member. Our former peer group (the “Former Peer Group”), which represents the cumulative TSR of the average return (weighted by market capitalization) of the S&P 500 Industrials and Materials subsets, is also presented in accordance with SEC guidance.
 
 
(4)
 
Adjusted EPS is a
non-GAAP
financial measure reconciled from GAAP in Appendix A of this proxy statement.
     
Company Selected Measure Name Adjusted EPS      
Named Executive Officers, Footnote
 
(1)
 
For each fiscal year, represents amount reported for our CEO(s) and average amount reported for our
non-CEO
NEOs, in each case in the Total column of the Summary Compensation Table. Our NEOs for each of these fiscal years are shown below.
 
Year
   
CEO(s)
   
Non-CEO
NEOs
2023    Deon Stander/Mitchell Butier    Gregory Lovins, Francisco Melo, Deena
Baker-Nel
and Nicholas Colisto
2022    Mitchell Butier    Deon Stander, Gregory Lovins, Deena
Baker-Nel
and Ignacio Walker
2021    Mitchell Butier    Deon Stander, Gregory Lovins, Deena
Baker-Nel
and Ignacio Walker
2020    Mitchell Butier    Deon Stander, Gregory Lovins, Anne Hill and Susan Miller
     
Peer Group Issuers, Footnote In 2023, we modified our peer group to show our relative performance more consistent with the methodology used by peer companies. For the relevant fiscal year, represents the cumulative TSR of the Dow Jones U.S. Containers & Packaging Index (the “Peer Group”), of which we are a member. Our former peer group (the “Former Peer Group”), which represents the cumulative TSR of the average return (weighted by market capitalization) of the S&P 500 Industrials and Materials subsets, is also presented in accordance with SEC guidance.      
Adjustment To PEO Compensation, Footnote
 
(2)
 
Amounts represent Compensation Actually Paid to our CEO(s) and the average Compensation Actually Paid to our
non-CEO
NEOs for the relevant fiscal year. Compensation Actually Paid represents the amount reported in the Total column of the Summary Compensation Table for the applicable fiscal year. For 2023, amounts were adjusted as shown below. Fair value or change in fair value, as applicable, of equity awards in the Compensation Actually Paid columns was determined as follows: (i) for RSUs, the closing price of our common stock on the fiscal
year-end
date, or, in the case of vesting RSUs, the closing price of our common stock on the applicable vesting date; (ii) for the performance condition component of PUs, the same valuation methodology as RSUs except that
year-end
values were multiplied by a factor reflecting achievement of the probable outcome of the respective cumulative EVA performance objective as of the applicable measurement date; and (iii) for the market condition component of PUs and for MSUs, using the
Monte-Carlo
simulation method, which utilizes multiple input variables, including expected volatility of our stock price and other assumptions appropriate for determining fair value to estimate the probability of achieving the respective performance objective as of the applicable measurement date. For information on the inputs to our Monte-Carlo simulations, see the footnotes of our 2023 Summary Compensation Table. For these purposes, awards for retirement-eligible NEOs are considered vested only at the time of retirement.
 
   
2023
Adjustments
  
Stander
  
Butier
  
Average
Non-CEO NEOs
Decrease for amounts reported under Stock Awards and Option Awards columns in 2023 Summary Compensation Table
     $ (5,071,394 )     $ (8,285,412 )     $ (1,466,116 )
Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that remained unvested as of fiscal
year-end
2023, determined as of fiscal
year-end
2023
       6,275,523       8,478,701       1,475,171
Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that vested during fiscal year, determined as of vesting date
       274,937       1,099,647       121,693
Increase/Decrease for awards granted during prior fiscal years that were outstanding and unvested as of fiscal
year-end
2023, determined based on change in ASC 718 fair value from prior fiscal
year-end
to fiscal
year-end
2023
       (354,708 )       (1,784,812 )       (2,025,711 )
Increase/Decrease for awards granted during prior fiscal years that vested during fiscal year 2023, determined based on change in ASC 718 fair value from prior fiscal
year-end
to vesting date
       20,757       1,676,612       138,669
Decrease for change in the actuarial present values reported under Change in Pension Value and NQDC Earnings column of 2023 Summary Compensation Table
       –         (5,812 )       (205 )
Increase for service cost and, if applicable, prior service cost, for pension plans
       –         –         –  
Total Adjustments
    
$
 1,145,115
      
$
 1,178,924
      
$
(1,756,499
)
     
Non-PEO NEO Average Total Compensation Amount $ 2,107,852 $ 2,405,277 $ 2,342,467 $ 2,248,966
Non-PEO NEO Average Compensation Actually Paid Amount $ 351,353 2,220,289 5,263,092 2,725,777
Adjustment to Non-PEO NEO Compensation Footnote
 
(2)
 
Amounts represent Compensation Actually Paid to our CEO(s) and the average Compensation Actually Paid to our
non-CEO
NEOs for the relevant fiscal year. Compensation Actually Paid represents the amount reported in the Total column of the Summary Compensation Table for the applicable fiscal year. For 2023, amounts were adjusted as shown below. Fair value or change in fair value, as applicable, of equity awards in the Compensation Actually Paid columns was determined as follows: (i) for RSUs, the closing price of our common stock on the fiscal
year-end
date, or, in the case of vesting RSUs, the closing price of our common stock on the applicable vesting date; (ii) for the performance condition component of PUs, the same valuation methodology as RSUs except that
year-end
values were multiplied by a factor reflecting achievement of the probable outcome of the respective cumulative EVA performance objective as of the applicable measurement date; and (iii) for the market condition component of PUs and for MSUs, using the
Monte-Carlo
simulation method, which utilizes multiple input variables, including expected volatility of our stock price and other assumptions appropriate for determining fair value to estimate the probability of achieving the respective performance objective as of the applicable measurement date. For information on the inputs to our Monte-Carlo simulations, see the footnotes of our 2023 Summary Compensation Table. For these purposes, awards for retirement-eligible NEOs are considered vested only at the time of retirement.
 
   
2023
Adjustments
  
Stander
  
Butier
  
Average
Non-CEO NEOs
Decrease for amounts reported under Stock Awards and Option Awards columns in 2023 Summary Compensation Table
     $ (5,071,394 )     $ (8,285,412 )     $ (1,466,116 )
Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that remained unvested as of fiscal
year-end
2023, determined as of fiscal
year-end
2023
       6,275,523       8,478,701       1,475,171
Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that vested during fiscal year, determined as of vesting date
       274,937       1,099,647       121,693
Increase/Decrease for awards granted during prior fiscal years that were outstanding and unvested as of fiscal
year-end
2023, determined based on change in ASC 718 fair value from prior fiscal
year-end
to fiscal
year-end
2023
       (354,708 )       (1,784,812 )       (2,025,711 )
Increase/Decrease for awards granted during prior fiscal years that vested during fiscal year 2023, determined based on change in ASC 718 fair value from prior fiscal
year-end
to vesting date
       20,757       1,676,612       138,669
Decrease for change in the actuarial present values reported under Change in Pension Value and NQDC Earnings column of 2023 Summary Compensation Table
       –         (5,812 )       (205 )
Increase for service cost and, if applicable, prior service cost, for pension plans
       –         –         –  
Total Adjustments
    
$
 1,145,115
      
$
 1,178,924
      
$
(1,756,499
)
     
Compensation Actually Paid vs. Total Shareholder Return
LOGO
     
Compensation Actually Paid vs. Net Income
LOGO
     
Compensation Actually Paid vs. Company Selected Measure
LOGO
     
Total Shareholder Return Vs Peer Group
LOGO
     
Tabular List, Table
Pay vs. Performance Financial Performance Measures
We believe the financial performance measures shown below, all of which are performance objectives used in our executive compensation program, were the most important in linking Compensation Actually Paid to our NEOs for 2023. For additional information regarding these measures, including reconciliations of
non-GAAP
financial measures from GAAP, see the
Compensation and Discussion Analysis
and Appendix A sections of this proxy statement.
 
  •  
Absolute TSR and Relative TSR
 
  •  
Adjusted EPS
 
  •  
Cumulative EVA
 
  •  
Adjusted Sales Growth
 
  •  
Adjusted Free Cash Flow
     
Total Shareholder Return Amount $ 165.02 145.19 170.89 120.83
Peer Group Total Shareholder Return Amount 118.91 110.49 134.41 121.14
Net Income (Loss) $ 502,988,000 $ 757,092,000 $ 740,087,000 $ 555,863,000
Company Selected Measure Amount 7.9 9.15 8.91 7.1
PEO Name   Mitchell Butier Mitchell Butier Mitchell Butier
Former Peer Group Total Stockholder Return Amount $ 158.44 $ 133.6 $ 151.44 $ 117.22
Measure:: 1        
Pay vs Performance Disclosure        
Name Absolute TSR and Relative TSR      
Measure:: 2        
Pay vs Performance Disclosure        
Name Adjusted EPS      
Non-GAAP Measure Description Adjusted EPS is a
non-GAAP
financial measure reconciled from GAAP in Appendix A of this proxy statement. 		     
Measure:: 3        
Pay vs Performance Disclosure        
Name Cumulative EVA      
Measure:: 4        
Pay vs Performance Disclosure        
Name Adjusted Sales Growth      
Measure:: 5        
Pay vs Performance Disclosure        
Name Adjusted Free Cash Flow      
Deon Stander [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 6,070,962      
PEO Actually Paid Compensation Amount $ 7,216,077      
PEO Name Deon Stander      
Mitchell Butier [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 9,700,108 9,107,739 12,433,721 8,709,348
PEO Actually Paid Compensation Amount $ 10,879,032 $ 7,588,568 $ 31,508,041 $ 13,337,289
PEO Name Mitchell Butier      
PEO | Deon Stander [Member] | Decrease for amounts reported under Stock Awards and Option Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (5,071,394)      
PEO | Deon Stander [Member] | Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that remained unvested as of fiscal yearend 2023, determined as of fiscal yearend 2023 [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 6,275,523      
PEO | Deon Stander [Member] | Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that vested during fiscal year, determined as of vesting date [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 274,937      
PEO | Deon Stander [Member] | IncreaseDecrease for awards granted during prior fiscal years that were outstanding and unvested as of fiscal yearend 2023, determined based on change in ASC 718 fair value from prior fiscal yearend to fiscal yearend 2023 [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (354,708)      
PEO | Deon Stander [Member] | IncreaseDecrease for awards granted during prior fiscal years that vested during fiscal year 2023, determined based on change in ASC 718 fair value from prior fiscal yearend to vesting date [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 20,757      
PEO | Deon Stander [Member] | Total Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,145,115      
PEO | Mitchell Butier [Member] | Decrease for amounts reported under Stock Awards and Option Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (8,285,412)      
PEO | Mitchell Butier [Member] | Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that remained unvested as of fiscal yearend 2023, determined as of fiscal yearend 2023 [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 8,478,701      
PEO | Mitchell Butier [Member] | Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that vested during fiscal year, determined as of vesting date [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,099,647      
PEO | Mitchell Butier [Member] | IncreaseDecrease for awards granted during prior fiscal years that were outstanding and unvested as of fiscal yearend 2023, determined based on change in ASC 718 fair value from prior fiscal yearend to fiscal yearend 2023 [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,784,812)      
PEO | Mitchell Butier [Member] | IncreaseDecrease for awards granted during prior fiscal years that vested during fiscal year 2023, determined based on change in ASC 718 fair value from prior fiscal yearend to vesting date [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,676,612      
PEO | Mitchell Butier [Member] | Decrease for change in the actuarial present values reported under change in pension value and nonqualified deferred compensation earnings [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (5,812)      
PEO | Mitchell Butier [Member] | Total Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,178,924      
Non-PEO NEO | Decrease for amounts reported under Stock Awards and Option Awards [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (1,466,116)      
Non-PEO NEO | Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that remained unvested as of fiscal yearend 2023, determined as of fiscal yearend 2023 [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,475,171      
Non-PEO NEO | Increase based on ASC 718 fair value of awards granted during fiscal year 2023 that vested during fiscal year, determined as of vesting date [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 121,693      
Non-PEO NEO | IncreaseDecrease for awards granted during prior fiscal years that were outstanding and unvested as of fiscal yearend 2023, determined based on change in ASC 718 fair value from prior fiscal yearend to fiscal yearend 2023 [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,025,711)      
Non-PEO NEO | IncreaseDecrease for awards granted during prior fiscal years that vested during fiscal year 2023, determined based on change in ASC 718 fair value from prior fiscal yearend to vesting date [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 138,669      
Non-PEO NEO | Decrease for change in the actuarial present values reported under change in pension value and nonqualified deferred compensation earnings [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (205)      
Non-PEO NEO | Total Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (1,756,499)