SEGMENTS OF BUSINESS (Tables)

12 Months Ended

Dec. 31, 2011

SEGMENTS OF BUSINESS

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

BUSINESS SEGMENTS (in millions)	2011			2010			2009
Net Sales to Unaffiliated Customers:
Flexible Packaging	$	4,750.6		$	4,273.7		$	2,986.2
Pressure Sensitive Materials	575.8			567.1			537.4
Intersegment Sales:
Flexible Packaging	(2.7		)	(1.3		)	(2.8		)
Pressure Sensitive Materials	(1.0		)	(4.5		)	(6.2		)
Net Sales	$	5,322.7		$	4,835.0		$	3,514.6
Operating Profit and Pretax Profit:
Flexible Packaging operating profit	$	462.5		$	468.5		$	379.2
Flexible Packaging facility consolidation and other costs	(34.9		)	—			—
Net Flexible Packaging operating profit	$	427.6		$	468.5		$	379.2
Pressure Sensitive Materials operating profit	36.1			33.0			13.6
Pressure Sensitive facility consolidation and other costs	(2.7		)	—			—
Net Pressure Sensitive operating profit	33.4			33.0			13.6
General corporate expenses	(92.8		)	(100.7		)	(112.5		)
General Corporate facility consolidation and other costs	(0.8		)	—			—
Net General Corporate operating profit	(93.6		)	(100.7		)	(112.5		)
Operating income	367.4			400.8			280.3
Interest expense	(76.8		)	(73.5		)	(42.1		)
Other non-operating income (expense)	1.6			—			2.1
Income from continuing operations before income taxes	$	292.2		$	327.3		$	240.3
Total Assets:
Flexible Packaging	$	3,687.6		$	3,792.5		$	2,483.3
Pressure Sensitive Materials	302.1			305.6			303.0
Total identifiable assets (1)	3,989.7			4,098.1			2,786.3
Corporate assets (2)	330.7			187.7			1,142.4
Total	$	4,320.4		$	4,285.8		$	3,928.7
Depreciation and Amortization:
Flexible Packaging	$	200.1		$	191.5		$	143.1
Pressure Sensitive Materials	13.2			13.2			13.6
Corporate	7.0			5.0			2.6
Total	$	220.3		$	209.7		$	159.3
Expenditures for Property and Equipment:
Flexible Packaging	$	102.9		$	90.4		$	66.7
Pressure Sensitive Materials	11.9			7.8			7.6
Corporate	20.4			15.0			14.9
Total	$	135.2		$	113.2		$	89.2

OPERATIONS BY GEOGRAPHIC AREA (in millions)	2011		2010		2009
Net Sales to Unaffiliated Customers: (3)
North America	$	3,592.8	$	3,246.3	$	2,281.9
Latin America	1,080.5		1,006.0		655.2
Europe	548.7		526.4		545.9
Asia Pacific	100.7		56.3		31.6
Total	$	5,322.7	$	4,835.0	$	3,514.6
Long-Lived Assets: (4)
North America	$	1,004.5	$	1,047.5	$	734.6
Latin America	314.1		386.3		279.5
Europe	129.7		140.0		156.0
Asia Pacific	39.8		15.8		8.5
Total	$	1,488.1	$	1,589.6	$	1,178.6

(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.
(3)	Net sales are attributed to geographic areas based on location of the Company’s manufacturing or selling operation.
(4)	Long-lived assets include net property and equipment, long-term receivables, and deferred charges.