XML 46 R38.htm IDEA: XBRL DOCUMENT
v3.23.2

Segment Reporting (Tables) | 6 Months Ended
--- | ---
Jul. 02, 2023
Segment Reporting [Abstract] |
Summary of Segment Financial Information | SEGMENT FINANCIAL INFORMATION
|  | Three Months Ended |  | Six Months Ended
|  | July 2, 2023 |  | July 3, 2022 |  | July 2, 2023 |  | July 3, 2022
Net sales: |  |  |  |  |  |  |  |
Consumer Packaging |  | $ | 923,605 |  |  | $ | 989,982 |  |  | $ | 1,832,883 |  |  | $ | 1,858,081 |
Industrial Paper Packaging |  | 585,143 |  |  | 727,402 |  |  | 1,200,998 |  |  | 1,426,529 |
All Other |  | 196,542 |  |  | 195,948 |  |  | 401,192 |  |  | 399,704 |
Net sales |  | $ | 1,705,290 |  |  | $ | 1,913,332 |  |  | $ | 3,435,073 |  |  | $ | 3,684,314 |
Intersegment sales: |  |  |  |  |  |  |  |
Consumer Packaging |  | $ | 2,420 |  |  | $ | 2,116 |  |  | $ | 4,475 |  |  | $ | 3,526 |
Industrial Paper Packaging |  | 35,411 |  |  | 33,496 |  |  | 74,131 |  |  | 67,136 |
All Other |  | 2,145 |  |  | 2,522 |  |  | 5,417 |  |  | 5,223 |
Intersegment sales |  | $ | 39,976 |  |  | $ | 38,134 |  |  | $ | 84,023 |  |  | $ | 75,885 |
Operating profit: |  |  |  |  |  |  |  |
Consumer Packaging |  | $ | 95,225 |  |  | $ | 139,421 |  |  | $ | 187,045 |  |  | $ | 313,030 |
Industrial Paper Packaging |  | 87,040 |  |  | 94,201 |  |  | 181,407 |  |  | 166,862 |
All Other |  | 28,675 |  |  | 16,529 |  |  | 55,908 |  |  | 31,053 |
Corporate |  |  |  |  |  |  |  |
Restructuring/Asset impairment charges |  | (6,057) |  |  | (10,563) |  |  | (34,871) |  |  | (22,705) |
Amortization of acquisition intangibles |  | (20,539) |  |  | (20,871) |  |  | (41,703) |  |  | (39,671) |
Other income/(charges), net |  | 3,515 |  |  | (21,241) |  |  | 69,721 |  |  | (82,031) |
Operating profit |  | $ | 187,859 |  |  | $ | 197,476 |  |  | $ | 417,507 |  |  | $ | 366,538 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration