BUSINESS SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2022

Information for each of the past three years for our business segments is as follows:


	Dispensing and Specialty Closures		Metal Containers		Custom Containers		Corporate		Total
	(Dollars in thousands)
2022
Net sales	$	2,316,690	$	3,371,776	$	723,033	$	—	$	6,411,499
Depreciation and amortization	144,980		77,789		39,860		159		262,788
Rationalization charges	944		73,137		—		—		74,081
Segment income (1)	323,001		234,156		92,478		(47,673)		601,962
Segment assets	4,391,599		1,965,415		898,308		43,911		7,299,233
Capital expenditures	105,759		81,533		28,462		7		215,761
2021
Net sales	$	2,160,484	$	2,808,065	$	708,556	$	—	$	5,677,105
Depreciation and amortization	125,640		85,499		39,064		157		250,360
Rationalization charges	5,806		8,873		331		—		15,010
Segment income (1)	262,148		253,736		92,359		(32,130)		576,113
Segment assets	4,429,186		2,319,982		888,715		34,490		7,672,373
Capital expenditures	113,601		78,462		40,196		5		232,264
2020
Net sales	$	1,712,433	$	2,557,980	$	651,530	$	—	$	4,921,943
Depreciation and amortization	99,062		82,404		37,473		159		219,098
Rationalization charges	5,759		9,905		367		—		16,031
Segment income (1)	224,374		246,628		87,810		(46,426)		512,386
Segment assets	3,617,969		1,973,933		814,303		35,214		6,441,419
Capital expenditures	91,291		80,701		52,151		34		224,177

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(1) Corporate includes a charge of $25.2 million for the settlement with the European Commission in 2022 and costs attributed to announced acquisitions of $5.0 million and $19.3 million in 2021 and 2020, respectively.

Reconciliation of Income Before Income Taxes from Segment Income from Operations

Total segment income is reconciled to income before income taxes as follows:


	2022		2021		2020
	(Dollars in thousands)
Total segment income	$	601,962	$	576,113	$	512,386
Interest and other debt expense	127,823		109,800		105,308
Income before income taxes	$	474,139	$	466,313	$	407,078

Reconciliation of Total Segment Assets to Total Assets

Total segment assets at December 31 are reconciled to total assets as follows:


	2022		2021
	(Dollars in thousands)
Total segment assets	$	7,299,233	$	7,672,373
Other assets	46,524		98,473
Total assets	$	7,345,757	$	7,770,846

Financial Information Relating to Operations by Geographic Area

Financial information relating to our operations by geographic area is as follows:


	2022		2021		2020
	(Dollars in thousands)
Net sales:
United States	$	4,805,266	$	4,131,375	$	3,650,953
Foreign:
Europe	1,299,616		1,166,557		953,695

Other	306,617		379,173		317,295
Total net sales from foreign operations	1,606,233		1,545,730		1,270,990
Total net sales	$	6,411,499	$	5,677,105	$	4,921,943
Long-lived assets:
United States	$	1,286,034	$	1,286,167
Foreign:
Europe	481,648		536,401

Other	163,815		171,309
Total long-lived assets at foreign operations	645,463		707,710
Total long-lived assets	$	1,931,497	$	1,993,877