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Segments (Tables)
6 Months Ended
Jun. 30, 2012
Segments [Abstract]  
Net sales, depreciation and amortization and operating profit of reportable segments
                                 
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 
    2012     2011     2012     2011  

Net sales

                               

Food Packaging

  $ 499.7     $ 501.9     $ 987.9     $ 976.8  

Food Solutions

    247.1       261.9       485.3       490.7  

Protective Packaging

    344.6       353.5       690.2       688.6  

Diversey

    816.3             1,567.2        

Other

    96.7       95.3       191.4       185.0  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $     2,004.4     $     1,212.6     $     3,922.0     $     2,341.1  
   

 

 

   

 

 

   

 

 

   

 

 

 

Depreciation and amortization on property, plant and equipment and intangible assets

  

               

Food Packaging

  $ 16.0     $ 16.9     $ 37.3     $ 33.2  

Food Solutions

    7.9       8.2       15.8       15.7  

Protective Packaging

    5.8       6.4       11.7       13.4  

Diversey

    42.8             85.0        

Other

    5.3       5.4       10.3       10.6  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 77.8     $ 36.9     $ 160.1     $ 72.9  
   

 

 

   

 

 

   

 

 

   

 

 

 

Operating profit

                               

Food Packaging

  $ 46.4     $ 62.3     $ 106.3     $ 124.9  

Food Solutions

    26.3       25.2       52.8       44.6  

Protective Packaging

    42.8       46.3       89.3       86.3  

Diversey

    29.8             30.6        

Other

    2.9       1.9       6.7       2.9  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total segments and other

    148.2       135.7       285.7       258.7  

Costs related to the acquisition of Diversey

    1.7       6.6       3.5       6.6  

Restructuring and other charges (1)

    26.5             74.6        
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 120.0     $ 129.1     $ 207.6     $ 252.1  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Restructuring and other charges by our segment reporting structure were as follows:
Restructuring and other charges by our segment reporting structure
                 
    Three Months Ended
June 30, 2012
    Six Months Ended
June 30, 2012
 

Food Packaging

  $ 9.9     $ 27.4  

Food Solutions

    2.2       5.7  

Protective Packaging

    3.4       6.7  

Diversey

    10.8       31.5  

Other

    0.2       3.3  
   

 

 

   

 

 

 

Total

  $ 26.5     $ 74.6  
   

 

 

   

 

 

 
Assets by reportable segments
                 
    June 30,
2012
    December 31,
2011
 

Assets:

               

Trade receivables, net, and finished goods inventory, net

               

Food Packaging

  $ 414.3     $ 420.4  

Food Solutions

    202.0       210.1  

Protective Packaging

    317.8       307.8  

Diversey

    881.4       842.4  

Other

    76.4       64.5  
   

 

 

   

 

 

 

Total segments and other

  $ 1,891.9     $ 1,845.2  

Assets not allocated

               

Cash and cash equivalents

    503.9       722.8  

Property and equipment, net

    1,286.8       1,322.1  

Goodwill

    4,184.2       4,220.5  

Intangibles, net

    2,019.6       2,103.2  

Other

    1,222.4       1,218.1  
   

 

 

   

 

 

 

Total

  $     11,108.8     $     11,431.9