XML 47 R38.htm IDEA: XBRL DOCUMENT v3.22.2.2
Acquisitions and Divestitures - Preliminary Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
5 Months Ended 9 Months Ended
Jul. 03, 2022
Oct. 02, 2022
Jan. 26, 2022
Dec. 31, 2021
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]        
Goodwill [1]   $ 1,641,948   $ 1,324,501
Measurement Period Adjustments        
Goodwill   (9,187)    
Metal Packaging        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]        
Trade accounts receivable   113,850 $ 113,850  
Other receivables   14,569 14,569  
Inventories   190,626 190,070  
Prepaid expenses   44,530 44,530  
Property, plant and equipment   332,133 333,496  
Right of use asset - operating leases   38,000 38,000  
Other intangible assets   498,000 498,000  
Goodwill   356,911 366,098  
Other net tangible assets   47,873 48,069  
Payable to suppliers   (105,580) (105,580)  
Accrued expenses and other   (30,182) (30,671)  
Notes payable and current portion of long-term debt   (46,463) (46,463)  
Noncurrent operating lease liabilities   (30,448) (30,448)  
Long-term debt   (39,543) (39,543)  
Deferred income taxes   (50,507) (52,312)  
Total purchase price, net of cash acquired   $ 1,333,769 $ 1,341,665  
Measurement Period Adjustments        
Inventories $ 556      
Property, plant and equipment (1,363)      
Goodwill (9,187)      
Other net tangible assets (196)      
Accrued expenses and other 489      
Deferred income taxes (1,805)      
Total purchase price, net of cash acquired $ (7,896)      
[1] The year-end condensed consolidated balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America (the “United States” or “U.S.”).