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Segment Reporting
 9 Months Ended
Oct. 02, 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 by $1,661,573 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 EndedNine Months Ended
 October 2, 2022October 3, 2021October 2, 2022October 3, 2021
Net sales:
Consumer Packaging$1,030,549 $598,969 $2,888,630 $1,779,525 
Industrial Paper Packaging661,452 635,230 2,087,981 1,809,159 
All Other198,215 180,994 597,919 562,567 
Net sales$1,890,216 $1,415,193 $5,574,530 $4,151,251 
Intersegment sales:
Consumer Packaging$1,663 $1,608 $5,189 $4,460 
Industrial Paper Packaging33,936 27,975 101,072 82,571 
All Other2,532 2,318 7,755 7,483 
Intersegment sales$38,131 $31,901 $114,016 $94,514 
Operating profit:
Segment operating profit:
Consumer Packaging$127,859 $66,341 $440,889 $212,997 
Industrial Paper Packaging81,859 55,451 248,721 167,568 
All Other15,373 12,895 46,426 47,259 
Segment operating profit225,091 134,687 736,036 427,824 
Restructuring/Asset impairment charges(20,652)(3,488)(43,357)(8,889)
Amortization of acquisition intangibles(20,690)(12,257)(60,361)(37,117)
Other non-base (charges)/income, net(1,807)7,570 (83,838)294 
Operating profit181,942 126,512 548,480 382,112