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Segments (Tables) | 6 Months Ended
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Jun. 30, 2012
Segments [Abstract] |
Net sales, depreciation and amortization and operating profit of reportable segments |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
Net sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Food Packaging |  | $ | 499.7 |  |  | $ | 501.9 |  |  | $ | 987.9 |  |  | $ | 976.8 |
Food Solutions |  |  | 247.1 |  |  |  | 261.9 |  |  |  | 485.3 |  |  |  | 490.7 |
Protective Packaging |  |  | 344.6 |  |  |  | 353.5 |  |  |  | 690.2 |  |  |  | 688.6 |
Diversey |  |  | 816.3 |  |  |  | — |  |  |  | 1,567.2 |  |  |  | — |
Other |  |  | 96.7 |  |  |  | 95.3 |  |  |  | 191.4 |  |  |  | 185.0 |
Total |  | $ | 2,004.4 |  |  | $ | 1,212.6 |  |  | $ | 3,922.0 |  |  | $ | 2,341.1 |
Depreciation and amortization on property, plant and equipment and intangible assets |  |  |  |  |  |  |  |  |
Food Packaging |  | $ | 16.0 |  |  | $ | 16.9 |  |  | $ | 37.3 |  |  | $ | 33.2 |
Food Solutions |  |  | 7.9 |  |  |  | 8.2 |  |  |  | 15.8 |  |  |  | 15.7 |
Protective Packaging |  |  | 5.8 |  |  |  | 6.4 |  |  |  | 11.7 |  |  |  | 13.4 |
Diversey |  |  | 42.8 |  |  |  | — |  |  |  | 85.0 |  |  |  | — |
Other |  |  | 5.3 |  |  |  | 5.4 |  |  |  | 10.3 |  |  |  | 10.6 |
Total |  | $ | 77.8 |  |  | $ | 36.9 |  |  | $ | 160.1 |  |  | $ | 72.9 |
Operating profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Food Packaging |  | $ | 46.4 |  |  | $ | 62.3 |  |  | $ | 106.3 |  |  | $ | 124.9 |
Food Solutions |  |  | 26.3 |  |  |  | 25.2 |  |  |  | 52.8 |  |  |  | 44.6 |
Protective Packaging |  |  | 42.8 |  |  |  | 46.3 |  |  |  | 89.3 |  |  |  | 86.3 |
Diversey |  |  | 29.8 |  |  |  | — |  |  |  | 30.6 |  |  |  | — |
Other |  |  | 2.9 |  |  |  | 1.9 |  |  |  | 6.7 |  |  |  | 2.9 |
Total segments and other |  |  | 148.2 |  |  |  | 135.7 |  |  |  | 285.7 |  |  |  | 258.7 |
Costs related to the acquisition of Diversey |  |  | 1.7 |  |  |  | 6.6 |  |  |  | 3.5 |  |  |  | 6.6 |
Restructuring and other charges (1) |  |  | 26.5 |  |  |  | — |  |  |  | 74.6 |  |  |  | — |
Total |  | $ | 120.0 |  |  | $ | 129.1 |  |  | $ | 207.6 |  |  | $ | 252.1 |
(1) | Restructuring and other charges by our segment reporting structure were as follows:
Restructuring and other charges by our segment reporting structure |
|  | Three Months Ended June 30, 2012 |  |  | Six Months Ended June 30, 2012 |
Food Packaging |  | $ | 9.9 |  |  | $ | 27.4 |
Food Solutions |  |  | 2.2 |  |  |  | 5.7 |
Protective Packaging |  |  | 3.4 |  |  |  | 6.7 |
Diversey |  |  | 10.8 |  |  |  | 31.5 |
Other |  |  | 0.2 |  |  |  | 3.3 |
Total |  | $ | 26.5 |  |  | $ | 74.6 |
Assets by reportable segments |
|  | June 30, 2012 |  |  | December 31, 2011 |
Assets: |  |  |  |  |  |  |  |
Trade receivables, net, and finished goods inventory, net |  |  |  |  |  |  |  |
Food Packaging |  | $ | 414.3 |  |  | $ | 420.4 |
Food Solutions |  |  | 202.0 |  |  |  | 210.1 |
Protective Packaging |  |  | 317.8 |  |  |  | 307.8 |
Diversey |  |  | 881.4 |  |  |  | 842.4 |
Other |  |  | 76.4 |  |  |  | 64.5 |
Total segments and other |  | $ | 1,891.9 |  |  | $ | 1,845.2 |
Assets not allocated |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | 503.9 |  |  |  | 722.8 |
Property and equipment, net |  |  | 1,286.8 |  |  |  | 1,322.1 |
Goodwill |  |  | 4,184.2 |  |  |  | 4,220.5 |
Intangibles, net |  |  | 2,019.6 |  |  |  | 2,103.2 |
Other |  |  | 1,222.4 |  |  |  | 1,218.1 |
Total |  | $ | 11,108.8 |  |  | $ | 11,431.9 |

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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