Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2012

Reportable Business Segment Information

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

	Metal Containers		Closures		Plastic Containers		Corporate			Total
	(Dollars in thousands)
2012
Net sales	$	2,293,749	$	680,031	$	614,538	$	—		$	3,588,318
Depreciation and amortization		87,629		32,427		44,203		756			165,015
Rationalization charges		2,446		2,878		3,336		—			8,660
Segment income from operations (1)		231,456		73,148		30,848		(9,943	)		325,509
Segment assets		1,742,842		639,598		809,937		33,726			3,226,103
Capital expenditures		68,737		19,838		30,405		261			119,241
2011
Net sales	$	2,211,549	$	687,801	$	609,877	$	—		$	3,509,227
Depreciation and amortization		79,655		33,232		44,237		1,677			158,801
Rationalization charges		1,378		1,805		3,996		538			7,717
Segment income from operations (2)		256,336		75,897		12,639		9,249			354,121
Segment assets		1,714,516		632,048		561,312		36,868			2,944,744
Capital expenditures		108,394		24,637		39,904		74			173,009
2010
Net sales	$	1,864,157	$	618,805	$	588,583	$	—		$	3,071,545
Depreciation and amortization		67,114		28,771		45,385		1,679			142,949
Rationalization charges		694		9,212		12,308		—			22,214
Segment income from operations (3)		232,620		58,557		10,291		(18,149	)		283,319
Segment assets		931,244		627,006		537,978		39,940			2,136,168
Capital expenditures		47,836		15,769		41,707		83			105,395

¹⁾  Metal containers includes plant start-up costs of $6.4 million. Corporate includes costs attributable to announced acquisitions of $1.5 million.

²⁾  Metal containers includes a charge for the resolution of a past product liability dispute of $3.3 million. Corporate includes income of $25.2 million for proceeds received as a result of the termination of the merger agreement with Graham Packaging, net of costs associated with certain corporate development activities.

³⁾  Closures includes a charge of $3.2 million for the remeasurement of net assets in Venezuela. Corporate includes costs attributable to announced acquisitions of $2.7 million.

Reconciliation of Income Before Income Taxes from Segment Income from Operations

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

	2012		2011		2010
	(Dollars in thousands)
Total segment income from operations	$	325,509	$	354,121	$	283,319
Interest and other debt expense		101,722		63,954		61,639
Income before income taxes	$	223,787	$	290,167	$	221,680

Reconciliation of Total Segment Assets to Total Assets

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

	2012		2011
	(Dollars in thousands)
Total segment assets	$	3,226,103	$	2,944,744
Other assets		67,440		34,343
Total assets	$	3,293,543	$	2,979,087

Financial Information Relating to Operations by Geographic Area

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

	2012		2011		2010
	(Dollars in thousands)
Net sales:
United States	$	2,845,773	$	2,767,293	$	2,627,539
Foreign:
Europe		559,818		563,991		269,513
Canada		124,059		128,882		121,494
Other		58,668		49,061		52,999
Total net sales from foreign operations		742,545		741,934		444,006
Total net sales	$	3,588,318	$	3,509,227	$	3,071,545
Long-lived assets:
United States	$	679,273	$	689,705
Foreign:
Europe		341,908		301,001
Canada		46,804		42,021
Other		30,824		31,981
Total long-lived assets at foreign operations		419,536		375,003
Total long-lived assets	$	1,098,809	$	1,064,708