XML 71 R62.htm IDEA: XBRL DOCUMENT v3.22.2.2
Segments - Reconciliation of Net Earnings to Total Company Adjusted EBITDA (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Segment Reporting Information [Line Items]        
Segment Adjusted EBITDA $ 294.8 $ 272.1 $ 916.6 $ 804.3
Interest expense, net (40.9) (42.4) (119.3) (127.6)
Depreciation and amortization (59.4) (55.2) (179.0) (170.3)
Special items        
Restructuring charges (0.6) (2.4) (4.6) (4.5)
Other restructuring associated costs (1.6) (5.4) (8.5) (15.5)
Foreign currency exchange loss due to highly inflationary economies (2.2) (0.9) (5.9) (2.9)
Loss on debt redemption and refinancing activities 0.0 (14.7) (11.2) (14.7)
Fair value gain/impairment (loss) on equity investments 0.0 6.6 (31.6) 6.6
Charges related to acquisition and divestiture activity (0.3) (0.8) 0.8 (1.9)
Other Special Items (3.6) (1.0) (3.6) (1.9)
Pre-tax impact of Special Items (8.3) (18.6) (64.6) (34.8)
Earnings before income tax provision 184.0 154.4 550.1 469.2
Corporate        
Segment Reporting Information [Line Items]        
Segment Adjusted EBITDA (2.2) (1.5) (3.6) (2.4)
Food        
Special items        
Restructuring charges (0.6) (0.8) (3.1) (1.9)
Food | Operating Segments        
Segment Reporting Information [Line Items]        
Segment Adjusted EBITDA 185.3 169.4 553.4 484.4
Depreciation and amortization (34.4) (32.3) (103.7) (96.7)
Protective        
Special items        
Restructuring charges 0.0 (1.6) (1.5) (2.6)
Protective | Operating Segments        
Segment Reporting Information [Line Items]        
Segment Adjusted EBITDA 109.5 102.7 363.2 319.9
Depreciation and amortization $ (25.0) $ (22.9) $ (75.3) $ (73.6)