Segments of Business (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Summary of the entity's business activities reported by business segments

A summary of the Company’s business activities reported by its three business segments follows:

	Three Months Ended March 31,
Business Segments (in millions)	2014			2013
Sales including intersegment sales:
U.S. Packaging	$	745.6		$	753.0
Global Packaging	361.7			374.3
Pressure Sensitive Materials	143.1			140.8
Intersegment sales:
U.S. Packaging	(7.4		)	(7.0		)
Global Packaging	(4.9		)	(5.8		)
Pressure Sensitive Materials	(0.3		)	(0.3		)
Total net sales	$	1,237.8		$	1,255.0
U.S. Packaging
Operating profit before facility consolidation and other costs	$	91.8		$	95.4
Facility consolidation and other costs	—			(9.4		)
Operating profit	91.8			86.0
Global Packaging
Operating profit before facility consolidation and other costs	24.1			25.8
Facility consolidation and other costs	—			0.1
Operating profit	24.1			25.9
Pressure Sensitive Materials
Operating (loss) profit	(14.5		)	7.7
Corporate
General corporate expenses	(22.2		)	(27.5		)
Operating income	79.2			92.1
Interest expense	16.9			16.6
Other non-operating (income) expense	(12.6		)	4.1
Income before income taxes	$	74.9		$	71.4

Business Segments (in millions)	March 31, 2014		December 31, 2013
Total assets:
U.S. Packaging	$	2,017.0	$	2,016.8
Global Packaging	1,502.9		1,463.5
Pressure Sensitive Materials	334.6		319.8
Total identifiable assets (1)	3,854.5		3,800.1
Corporate assets (2)	293.7		310.1
Total	$	4,148.2	$	4,110.2

(1)    Total assets by business segment include only those assets that are specifically identified with each segment’s operations.

(2)  Corporate assets are principally cash and cash equivalents, prepaid expenses, prepaid income taxes, prepaid pension benefit costs, and corporate tangible and intangible property.