XML 44 R35.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Restructuring and Relocation Activities (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2017
Restructuring and Related Activities [Abstract] |
Schedule of Program Metrics | Program metrics are as follows:
| Sealed Air Restructuring Program
Approximate positions eliminated by the program | 1,950 |
Estimated Program Costs (in millions): |  |
Costs of reduction in headcount as a result of reorganization | $245-$255 |
Other expenses associated with the Program | 145-150 |
Total expense | $390-$405 |
Capital expenditures | 250-255 |
Proceeds, foreign exchange and other cash items | (70)-(75) |
Total estimated net cash cost | $570-$585 |
Program to Date Cumulative Expense (in millions): |
Costs of reduction in headcount as a result of reorganization | $ | 234 |
Other expenses associated with the Program | 121 |
Total Cumulative Expense | $ | 355 |
Cumulative capital expenditures | $ | 231 |
Restructuring and Relocation Activities | The following table details our restructuring activities as reflected in the Condensed Consolidated Statement of Operations for the three and nine months ended September 30, 2017 and 2016:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(In millions) |  | 2017 |  | 2016 |  | 2017 |  | 2016
Continuing Operations |  |  |  |  |  |  |  |
Other associated costs |  | $ | 2.9 |  |  | $ | 5.2 |  |  | $ | 12.7 |  |  | $ | 13.2 |
Restructuring charges |  | 6.2 |  |  | 1.3 |  |  | 9.2 |  |  | 1.1 |
Total charges from continuing operations |  | $ | 9.1 |  |  | $ | 6.5 |  |  | $ | 21.9 |  |  | $ | 14.3 |
Charges included in discontinued operations |  | (1.4 | ) |  | 1.1 |  |  | 2.3 |  |  | 6.2 |
Total charges |  | $ | 7.7 |  |  | $ | 7.6 |  |  | $ | 24.2 |  |  | $ | 20.5 |
Capital expenditures |  | $ | 3.4 |  |  | $ | 34.6 |  |  | $ | 17.3 |  |  | $ | 91.6 |
Components of Restructuring Accrual, Spending and Other Activity and Accrual Balance Remaining | The restructuring accrual, spending and other activity for the nine months ended September 30, 2017 and the accrual balance remaining at September 30, 2017 related to these programs were as follows (in millions):
(In millions) |
Restructuring accrual at December 31, 2016 | $ | 47.4 |
Accrual and accrual adjustments | 9.2 |
Cash payments during 2017 | (32.2 | )
Transfers as part of the sale of Diversey | (5.5 | )
Effect of changes in foreign currency exchange rates | (1.2 | )
Restructuring accrual at September 30, 2017 | $ | 17.7 |

X
- References No definition available. + Details
Name: | us-gaap_RestructuringAndRelatedActivitiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the quantified effects on future earnings and cash flows resulting from the exit plan (for example, reduced depreciation, reduced employee expense, etc.) along with the initial period in which those effects are expected to be realized. May include whether the cost savings are expected to be offset by anticipated increases in other expenses or reduced revenues. Also identifies the income statement line items to be impacted (for example, cost of sales; marketing; selling, general and administrative expenses; etc.). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfEffectsOnFutureEarningsAndCashFlowsResultingFromExitPlanTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration