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Segment Reporting
 6 Months Ended
Jul. 03, 2022
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company's operating and reporting structure consists of two reportable segments, Consumer Packaging and Industrial Paper Packaging, with all remaining businesses reported as All Other.
The Consumer Packaging segment primarily serves prepared and fresh food markets along with other packaging for consumer products. The products produced and sold within the Consumer Packaging segment are generally used to package a variety of consumer products and consist primarily of round and shaped rigid paper containers; steel tinplate cans and aerosol containers; thermoformed plastic trays and containers; and flexible packaging. Total assets of the Consumer Packaging segment increased $1,656,155 upon the acquisition of Metal Packaging on January 26, 2022.
The Industrial Paper Packaging segment serves customers who use its products to package their goods for transport, storage or sale or to produce similar fiber-based products. The primary products produced and sold within this segment include fiber-based tubes, cones, and cores; fiber-based protective packaging and components; reels; and recycled paperboard.
Businesses grouped as All Other include healthcare packaging, protective and retail security packaging and industrial plastic products. These businesses include the following products and services: thermoformed rigid plastic trays and devices; custom-engineered molded foam protective packaging and components; temperature-assured packaging; injection molded and extruded containers, spools and parts; retail security packaging, including printed backer cards, thermoformed blisters and heat-sealing equipment; and paper amenities. Prior to the divestiture of the Company's U.S. display and packaging business on April 4, 2021, this business, which included point-of-purchase displays, fulfillment operations, and contract packaging, was reported in All Other.
The following table sets forth net sales, intersegment sales and operating profit for the Company’s reportable segments and All Other. “Segment operating profit” is defined as the segment’s portion of “Operating profit” excluding restructuring and asset impairment charges, acquisition expenses, amortization of acquisition intangibles, changes in last-in, first-out ("LIFO") inventory reserves, losses from the early extinguishment of debt, interest income and expense,
income taxes or certain other items, if any, the exclusion of which the Company believes improves comparability and analysis of the financial performance of the business. General corporate expenses have been allocated as operating costs to each of the Company’s reportable segments and All Other. Effective January 1, 2022, the Company changed its measure of segment operating profit to exclude amortization of acquisition intangibles. Accordingly, the prior year's segment operating profit has been revised to conform with the current presentation for comparability.
SEGMENT FINANCIAL INFORMATION 
 Three Months EndedSix Months Ended
 July 3, 2022July 4, 2021July 3, 2022July 4, 2021
Net sales:
Consumer Packaging$989,982 $597,804 $1,858,081 $1,180,556 
Industrial Paper Packaging727,402 608,531 1,426,529 1,173,929 
All Other195,948 176,419 399,704 381,573 
Consolidated$1,913,332 $1,382,754 $3,684,314 $2,736,058 
Intersegment sales:
Consumer Packaging$2,116 $1,199 $3,526 $2,852 
Industrial Paper Packaging33,496 27,700 67,136 54,596 
All Other2,522 2,140 5,223 5,165 
Consolidated$38,134 $31,039 $75,885 $62,613 
Operating profit:
Segment operating profit:
Consumer Packaging$139,421 $65,296 $313,030 $146,656 
Industrial Paper Packaging94,201 59,818 166,862 112,117 
All Other16,529 15,607 31,053 34,364 
Restructuring/Asset impairment (charges)/income(10,563)1,445 (22,705)(5,401)
Amortization of acquisition intangibles(20,871)(12,111)(39,671)(24,860)
Other non-base income/(charges), net(21,241)5,236 (82,031)(7,276)
Consolidated$197,476 $135,291 $366,538 $255,600