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Segments of Business (Tables)
 9 Months Ended
Sep. 30, 2017
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)
 
2017
 
2016
 
2017
 
2016
Sales including intersegment sales:
 
 
 
 

 
 
 
 
U.S. Packaging
 
$
684.5

 
$
664.8

 
$
2,012.1

 
$
2,009.5

Global Packaging
 
366.9

 
374.6

 
1,073.0

 
1,043.5

 
 
 
 
 
 
 
 
 
Intersegment sales:
 
 
 
 
 
 
 
 
U.S. Packaging
 
(12.2
)
 
(7.2
)
 
(29.4
)
 
(20.4
)
Global Packaging
 
(4.1
)
 
(5.0
)
 
(13.1
)
 
(16.2
)
Total net sales
 
$
1,035.1

 
$
1,027.2

 
$
3,042.6

 
$
3,016.4

 
 
 
 
 
 
 
 
 
Segment operating profit
 
 
 
 
 
 
 
 
U.S. Packaging
 
$
99.6

 
$
100.8

 
$
263.2

 
$
306.0

Global Packaging
 
24.6

 
36.2

 
69.5

 
80.6

 
 
 
 
 
 
 
 
 
Restructuring and other costs
 
12.9

 
4.4

 
41.1

 
24.8

General corporate expenses
 
13.3

 
16.4

 
47.7

 
57.2

 
 
 
 
 
 
 
 
 
Operating income
 
98.0

 
116.2

 
243.9

 
304.6

 
 
 
 
 
 
 
 
 
Interest expense
 
16.7

 
15.1

 
48.7

 
44.5

Other non-operating income
 
(0.7
)
 
(0.6
)
 
(2.2
)
 
(1.1
)
 
 
 
 
 
 
 
 
 
Income before income taxes
 
$
82.0

 
$
101.7

 
$
197.4

 
$
261.2