Segments (Tables)

9 Months Ended

Sep. 30, 2012

Net Sales, Depreciation and Amortization and Operating Profit of Reportable Segments

The following table shows net sales, depreciation and amortization and operating profit by our segment reporting structure:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Net sales
Food Packaging	$	509.8		$	529.8		$	1,497.7		$	1,506.6
Food Solutions		254.4			265.5			739.7			756.2
Protective Packaging		344.0			361.2			1,034.2			1,049.8
Diversey		698.5			—			2,113.6			—
Other		93.6			90.6			285.1			275.6
Total	$	1,900.3		$	1,247.1		$	5,670.3		$	3,588.2
Depreciation and amortization on property, plant and equipment and intangible assets
Food Packaging	$	16.3		$	17.0		$	53.6		$	50.2
Food Solutions		8.4			8.2			24.2			23.9
Protective Packaging		6.1			6.4			17.8			19.8
Diversey		38.1			—			118.5			—
Other		6.5			5.1			16.8			15.7
Total	$	75.4		$	36.7		$	230.9		$	109.6
Operating profit—continuing operations
Food Packaging	$	68.5		$	75.4		$	174.8		$	200.3
Food Solutions		31.9			29.4			84.7			74.0
Protective Packaging		48.5			48.5			137.8			134.8
Diversey		29.6			—			42.8			—
Other		2.9			0.5			9.6			3.4
Total segments and other		181.4			153.8			449.7			412.5
Impairment of Diversey goodwill and other intangible assets		1,334.3			—			1,334.3			—
Costs related to the acquisition of Diversey		1.3			24.1			4.8			30.7
Restructuring and other charges (1)		36.8			(0.2	)		110.1			(0.2	)
Operating (loss) profit	$	(1,191.0	)	$	129.9		$	(999.5	)	$	382.0

Restructing and Other Charges by Our Segment Reporting Structure

(1) Restructuring and other charges by our segment reporting structure were as follows:

	Three Months Ended September 30, 2012		Nine Months Ended September 30, 2012
Food Packaging	$	6.0	$	33.5
Food Solutions		0.9		6.7
Protective Packaging		1.5		8.1
Diversey		26.1		56.2
Other		2.3		5.6
Total	$	36.8	$	110.1

Assets by Reportable Segments

The following table shows assets allocated by our segment reporting structure. Only assets identifiable by segment and reviewed by our chief operating decision maker by segment are allocated to the reportable segment assets. These assets are trade receivables, net, and finished goods inventories, net. All other assets are included in “Assets not allocated.”

	September 30, 2012		December 31, 2011
Assets:
Trade receivables, net, and finished goods inventory, net
Food Packaging	$	443.6	$	420.4
Food Solutions		204.6		210.1
Protective Packaging		322.4		307.8
Diversey		820.3		758.3
Other		70.5		64.5
Total segments and other	$	1,861.4	$	1,761.1
Assets not allocated
Cash and cash equivalents		540.8		703.6
Property and equipment, net		1,233.9		1,269.2
Goodwill		3,117.4		4,209.6
Intangibles, net		1,772.4		2,035.7
Assets held for sale		264.1		279.0
Other		1,387.7		1,173.8
Total	$	10,177.7	$	11,432.0