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v3.23.2

Segments - Reconciliation of Net Earnings to Total Company Adjusted EBITDA (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Segment Reporting Information [Line Items] |  |  |  |
Segment Adjusted EBITDA | $ 286.9 | $ 293.9 | $ 562.1 | $ 621.8
Interest expense, net | (68.7) | (39.5) | (126.5) | (78.4)
Depreciation and amortization, net of adjustments | (53.6) | (56.4) | (122.5) | (119.6)
Special items |  |  |  |
Restructuring charges | (0.6) | (3.5) | 0.6 | (4.0)
Other restructuring associated costs | (0.1) | (3.8) | 0.1 | (6.9)
Foreign currency exchange loss due to highly inflationary economies | (3.1) | (2.7) | (5.7) | (3.7)
Loss on debt redemption and refinancing activities | 0.0 | (10.5) | (4.9) | (11.2)
Impairment loss on equity investments | 0.0 | (16.1) | 0.0 | (31.6)
Charges related to acquisition and divestiture activity | (4.8) | 0.2 | (21.7) | 1.1
Other Special Items | (0.3) | (4.0) | (7.8) | 0.0
Pre-tax impact of Special Items | (18.8) | (40.4) | (62.7) | (56.3)
Earnings before income tax provision | 139.2 | 157.1 | 235.9 | 366.1
Liquibox |  |  |  |
Special items |  |  |  |
Liquibox intangible amortization | (7.5) | 0.0 | (12.5) | 0.0
Liquibox inventory step-up expense | (2.4) | 0.0 | (10.8) | 0.0
Corporate |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Segment Adjusted EBITDA | (6.6) | (0.5) | (14.5) | (1.4)
Food |  |  |  |
Special items |  |  |  |
Restructuring charges | (1.5) | (1.9) | (0.6) | (2.5)
Food | Operating Segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Segment Adjusted EBITDA | 191.0 | 167.6 | 385.8 | 368.1
Protective |  |  |  |
Special items |  |  |  |
Restructuring charges | 0.9 | (1.6) | 1.2 | (1.5)
Protective | Operating Segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Segment Adjusted EBITDA | $ 95.9 | $ 126.3 | $ 176.3 | $ 253.7

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