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Stockholders' Equity - Additional Information (Detail) - USD ($)
1 Months Ended 12 Months Ended
Feb. 17, 2016
Sep. 30, 2015
May. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Jan. 31, 2016
Aug. 05, 2015
Jul. 09, 2015
Mar. 31, 2015
Dec. 31, 2012
Aug. 31, 2007
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                        
Stock repurchase program, number of shares authorized to be repurchased                       20,000,000
Treasury stock value       $ 1,265,700,000 $ 481,400,000 [1],[2],[3]              
Common stock in treasury, shares       29,612,337 14,151,759 9,508,908         10,102,952  
Treasury stock value       $ 802,000,000 $ 184,000,000              
Number of common stock shares repurchased       16,100,000                
Dividends per share on common stock       $ 0.52 $ 0.52 $ 0.52            
Common stock, shares outstanding       196,013,299 210,531,894 196,198,672            
Subsequent Event [Member]                        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                        
Dividends per share on common stock $ 0.13                      
Estimated dividend payment             $ 25,000,000          
Common stock, shares outstanding             196,000,000          
Dividends declared date Feb. 17, 2016                      
Dividends declared payable date Mar. 18, 2016                      
Dividends declared date of record Mar. 04, 2016                      
Share Trading Plan [Member]                        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                        
Treasury stock value       $ 478,000,000                
Number of common stock shares repurchased       9,804,934                
Accelerated Shares Repurchase Agreement [Member]                        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                        
Treasury stock value   $ 299,000,000               $ 25,000,000    
Common stock in treasury, shares   5,771,603 546,574                  
Common stock repurchase price per share   $ 51.76 $ 45.74                  
Maximum [Member]                        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                        
Stock repurchase program, authorized amount                 $ 1,500,000,000      
Maximum [Member] | Accelerated Shares Repurchase Agreement [Member]                        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]                        
Treasury stock value               $ 300,000,000        
[1] As of December 31, 2015, we have adopted ASU 2015-17 which resulted in a decrease in deferred tax assets of $105.6 million, an increase in non-current deferred tax assets of $17.0 million, a decrease in current deferred tax liabilities of $4.8 million and a decrease in non-current deferred tax liabilities of $83.8 million as of December 31, 2014.
[2] During the fourth quarter of 2015, we completed the sale of our European food trays business. During the fourth quarter of 2015, the assets and liabilities met the criteria of held for sale classification. Accordingly, we reclassified $37 million of assets and $7 million of liabilities as held for sale as of December 31, 2014. Refer to Note 3, “Divestitures and Acquisitions” of the notes to Consolidated Financial Statements for further details. Certain foreign currency translation adjustments were misclassified within the components of Accumulated Other Comprehensive Income on the Consolidated Balance Sheets. Additionally, we reclassified $13 million from accounts payable to short-term borrowings related to extended payment terms on a vendor agreement and $36 million from cash to other assets related to cash used as collateral for borrowing agreements. See Note 2 “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” under the heading “Reclassifications and Revisions” for further discussion of the revisions.
[3] During the second quarter of 2015, we completed the sale of our North American foam trays and absorbent pads business. During the first quarter of 2015, the assets and liabilities met the criteria of held for sale classification. Accordingly, we reclassified $42 million of assets and $6 million of liabilities as held for sale as of December 31, 2014. Refer to Note 3, “Divestitures and Acquisitions” of the notes to Consolidated Financial Statements for further details.