Segment reporting (Tables)

12 Months Ended

Dec. 31, 2022

The following table sets forth financial information about each of the Company's business segments and All Other group of businesses. Effective January 1, 2022, the Company changed its measure of segment operating profit to exclude amortization of acquisition intangibles. Accordingly, the segment financial information reported in 2021 and 2020 under "Income/(Loss) Before Income Taxes" and "Depreciation, Depletion and Amortization" have been revised to conform with the current presentation.


	Years ended December 31
	Consumer Packaging	Industrial Paper Packaging	All Other	Corporate	Consolidated
Total Revenue
2022	3,774,957	2,818,778	808,069	—	$	7,401,804
2021	2,373,583	2,578,379	768,476	—	5,720,438
2020	2,234,292	2,090,731	1,024,060	—	5,349,083
Intersegment Sales1
2022	7,001	134,215	10,036	—	$	151,252
2021	5,236	114,067	10,697	—	130,000
2020	4,433	99,257	7,950	—	111,640
Sales to Unaffiliated Customers
2022	3,767,956	2,684,563	798,033	—	$	7,250,552
2021	2,368,347	2,464,312	757,779	—	5,590,438
2020	2,229,859	1,991,474	1,016,110	—	5,237,443
Income/(Loss) Before Income Taxes2
2022	526,028	327,859	65,978	(348,583)	$	571,282
2021	274,926	226,798	63,060	(725,766)	(160,982)
2020	304,437	184,495	90,956	(324,296)	255,592
Identifiable Assets3
2022	3,825,675	2,079,326	871,800	276,139	$	7,052,940
2021	1,956,688	1,971,293	886,647	258,607	5,073,235
2020	1,926,294	1,805,388	1,018,091	527,486	5,277,259
Depreciation, Depletion and Amortization4
2022	111,599	91,944	24,854	80,427	$	308,824
2021	78,802	91,141	25,822	49,419	245,184
2020	84,509	91,388	32,494	52,899	261,290
Capital Expenditures
2022	127,478	145,021	21,177	35,093	$	328,769
2021	60,532	150,225	22,780	22,482	256,019
2020	59,040	87,549	24,701	22,837	194,127


1			Intersegment sales are recorded at a market-related transfer price.


2			Included in Corporate above are restructuring charges, asset impairment charges, gains or losses from the divestiture of businesses, insurance settlement gains, acquisition/divestiture-related costs, amortization of acquired intangibles, and other non-operational income and expenses associated with the following segments:


	Consumer Packaging		Industrial Paper Packaging		All Other		Corporate		Total
2022	$	(138,343)	$	(40,805)	$	(18,800)	$	(150,635)	$	(348,583)
2021	(25,983)		(2,570)		(23,312)		(673,900)		(725,765)
2020	(126,149)		(41,127)		(47,074)		(109,946)		(324,296)


			The remaining amounts reported as Corporate consist of interest expense, interest income, non-operating pension costs, acquisition/divestiture-related costs, and other non-operational income and expenses not associated with a particular segment.
3			Identifiable assets are those assets used by each segment in its operations. Corporate assets consist primarily of cash and cash equivalents, investments in affiliates, headquarters facilities, deferred income taxes and prepaid expenses.
4			Depreciation and depletion incurred at Corporate are allocated to the reportable segments.

Sales to unaffiliated customers and long-lived assets by geographic region

Sales to unaffiliated customers and long-lived assets by geographic region are as follows:


	2022		2021		2020
Sales to Unaffiliated Customers
United States	$	5,232,092	$	3,650,090	$	3,411,263
Europe	961,697		941,655		1,055,830
Canada	227,668		212,272		181,425
Asia Pacific	373,734		401,003		316,670
Other	455,361		385,418		272,255
Total	$	7,250,552	$	5,590,438	$	5,237,443
Long-lived Assets
United States	$	3,240,011	$	2,078,342	$	2,016,185
Europe	607,996		545,211		673,725
Canada	96,210		104,913		102,932
Asia Pacific	157,030		157,084		163,393
Other	85,233		68,949		51,001
Total	$	4,186,480	$	2,954,499	$	3,007,236