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Segments of Business (Tables)
 9 Months Ended
Sep. 30, 2016
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 September 30,
 
Nine Months Ended September 30,
Business Segments (in millions)
 
2016
 
2015
 
2016
 
2015
Sales including intersegment sales:
 
 
 
 

 
 
 
 
U.S. Packaging
 
$
664.8

 
$
696.7

 
$
2,009.5

 
$
2,111.8

Global Packaging
 
374.6

 
332.6

 
1,043.5

 
1,014.4

 
 
 
 
 
 
 
 
 
Intersegment sales:
 
 
 
 
 
 
 
 
U.S. Packaging
 
(7.2
)
 
(6.5
)
 
(20.4
)
 
(19.9
)
Global Packaging
 
(5.0
)
 
(4.5
)
 
(16.2
)
 
(17.6
)
Total net sales
 
$
1,027.2

 
$
1,018.3

 
$
3,016.4

 
$
3,088.7

 
 
 
 
 
 
 
 
 
U.S. Packaging operating profit
 
$
100.8

 
$
100.0

 
$
306.0

 
$
298.3

 
 
 
 
 
 
 
 
 
Global Packaging:
 
 
 
 
 
 
 
 
Operating profit before restructuring and acquisition-related costs
 
36.2

 
31.8

 
80.6

 
88.4

Restructuring and acquisition-related costs
 
(4.4
)
 
(1.9
)
 
(24.6
)
 
(7.2
)
Operating profit
 
31.8

 
29.9

 
56.0

 
81.2

 
 
 
 
 
 
 
 
 
General corporate expenses
 
(16.4
)
 
(24.1
)
 
(57.4
)
 
(67.1
)
 
 
 
 
 
 
 
 
 
Operating income
 
116.2

 
105.8

 
304.6

 
312.4

 
 
 
 
 
 
 
 
 
Interest expense
 
15.1

 
12.6

 
44.5

 
38.5

Other non-operating income
 
(0.6
)
 
(0.8
)
 
(1.1
)
 
(4.8
)
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes
 
$
101.7

 
$
94.0

 
$
261.2

 
$
278.7