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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales:        
Total net sales $ 2,004.4 $ 1,212.6 $ 3,922.0 $ 2,341.1
Cost of sales 1,341.8 888.3 2,609.6 1,707.8
Gross profit 662.6 324.3 1,312.4 633.3
Marketing, administrative and development expenses 479.1 186.1 957.2 369.6
Amortization of intangible assets 35.3 2.5 69.5 5.0
Costs related to the acquisition of Diversey 1.7 6.6 3.5 6.6
Restructuring and other charges 26.5   74.6  
Operating profit 120.0 129.1 207.6 252.1
Interest expense (97.6) (36.9) (195.4) (73.9)
Impairment of equity method investment (23.5)   (23.5)  
Other expense, net (5.6) (2.0) (9.7) (6.1)
(Loss) earnings before income tax provision (6.7) 90.2 (21.0) 172.1
Income tax provision (benefit) 7.0 25.2 (1.4) 47.4
Net (loss) earnings available to common stockholders (13.7) 65.0 (19.6) 124.7
Net (loss) earnings per common share        
Basic $ (0.07) $ 0.41 $ (0.10) $ 0.78
Diluted $ (0.07) $ 0.37 $ (0.10) $ 0.70
Dividends per common share $ 0.13 $ 0.13 $ 0.26 $ 0.26
Weighted average number of common shares outstanding:        
Basic 193.0 159.2 192.4 159.0
Diluted 193.0 177.5 192.4 177.2
Food Packaging
       
Net sales:        
Total net sales 499.7 501.9 987.9 976.8
Restructuring and other charges 9.9   27.4  
Food Solutions
       
Net sales:        
Total net sales 247.1 261.9 485.3 490.7
Restructuring and other charges 2.2   5.7  
Protective Packaging
       
Net sales:        
Total net sales 344.6 353.5 690.2 688.6
Restructuring and other charges 3.4   6.7  
Diversey
       
Net sales:        
Total net sales 816.3   1,567.2  
Restructuring and other charges 10.8   31.5  
Other
       
Net sales:        
Total net sales 96.7 95.3 191.4 185.0
Restructuring and other charges $ 0.2   $ 3.3