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Segments of Business (Tables)
6 Months Ended
Jun. 30, 2015
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 two business segments follows:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
Business Segments (in millions)
 
2015
 
2014
 
2015
 
2014
Sales including intersegment sales:
 
 
 
 

 
 
 
 
U.S. Packaging
 
$
701.2

 
$
732.4

 
$
1,415.1

 
$
1,478.0

Global Packaging
 
341.2

 
379.4

 
681.8

 
741.1

 
 
 
 
 
 
 
 
 
Intersegment sales:
 
 
 
 
 
 
 
 
U.S. Packaging
 
(6.5
)
 
(6.6
)
 
(13.4
)
 
(14.0
)
Global Packaging
 
(5.6
)
 
(7.6
)
 
(13.1
)
 
(12.5
)
Total net sales
 
$
1,030.3

 
$
1,097.6

 
$
2,070.4

 
$
2,192.6

 
 
 
 
 
 
 
 
 
U.S. Packaging operating profit
 
$
102.9

 
$
101.0

 
$
198.3

 
$
192.8

 
 
 
 
 
 
 
 
 
Global Packaging:
 
 
 
 
 
 
 
 
Operating profit before restructuring costs
 
27.3

 
26.6

 
56.6

 
50.7

Restructuring costs
 
(0.3
)
 

 
(5.3
)
 

Operating profit
 
27.0

 
26.6

 
51.3

 
50.7

 
 
 
 
 
 
 
 
 
General corporate expenses
 
(20.7
)
 
(21.0
)
 
(43.0
)
 
(41.6
)
 
 
 
 
 
 
 
 
 
Operating income
 
109.2

 
106.6

 
206.6

 
201.9

 
 
 
 
 
 
 
 
 
Interest expense
 
12.8

 
17.0

 
25.9

 
33.9

Other non-operating income
 
(2.2
)
 
(1.7
)
 
(4.0
)
 
(14.4
)
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes
 
$
98.6

 
$
91.3

 
$
184.7

 
$
182.4