XML 77 R67.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Segments - Reconciliation of Net Earnings to Total Company Adjusted EBITDA (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Segment Reporting Information [Line Items]    
Segment Adjusted EBITDA $ 279.1 $ 275.2
Interest expense, net (65.1) (57.8)
Depreciation and amortization, net of adjustments (60.9) (68.9)
Special items    
Restructuring charges (15.5) 1.2
Other restructuring associated costs (6.8) 0.2
Foreign currency exchange loss due to highly inflationary economies (4.9) (2.6)
Loss on debt redemption and refinancing activities 0.0 (4.9)
Contract terminations (0.1) 0.0
Charges related to acquisition and divestiture activity 1.9 (16.9)
Other Special Items (0.5) (7.5)
Pre-tax impact of Special Items (33.2) (43.9)
Earnings before income tax provision 119.1 96.7
Liquibox    
Special items    
Liquibox intangible amortization (7.5) (5.0)
Liquibox inventory step-up expense 0.0 (8.4)
Corporate    
Segment Reporting Information [Line Items]    
Segment Adjusted EBITDA (0.8) (7.9)
Food    
Special items    
Restructuring charges (8.6) 0.9
Food | Operating Segments    
Segment Reporting Information [Line Items]    
Segment Adjusted EBITDA 189.6 194.8
Protective    
Special items    
Restructuring charges (6.9) 0.3
Protective | Operating Segments    
Segment Reporting Information [Line Items]    
Segment Adjusted EBITDA $ 89.5 $ 80.4