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Segments of Business (Tables)
 6 Months Ended
Jun. 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 June 30,
 
Six Months Ended June 30,
Business Segments (in millions)
 
2016
 
2015
 
2016
 
2015
Sales including intersegment sales:
 
 
 
 

 
 
 
 
U.S. Packaging
 
$
678.0

 
$
701.2

 
$
1,344.7

 
$
1,415.1

Global Packaging
 
355.4

 
341.2

 
668.9

 
681.8

 
 
 
 
 
 
 
 
 
Intersegment sales:
 
 
 
 
 
 
 
 
U.S. Packaging
 
(7.0
)
 
(6.5
)
 
(13.2
)
 
(13.4
)
Global Packaging
 
(5.1
)
 
(5.6
)
 
(11.2
)
 
(13.1
)
Total net sales
 
$
1,021.3

 
$
1,030.3

 
$
1,989.2

 
$
2,070.4

 
 
 
 
 
 
 
 
 
U.S. Packaging operating profit
 
$
103.5

 
$
102.9

 
$
205.2

 
$
198.3

 
 
 
 
 
 
 
 
 
Global Packaging:
 
 
 
 
 
 
 
 
Operating profit before restructuring and acquisition-related costs
 
28.1

 
27.3

 
44.4

 
56.6

Restructuring and acquisition-related costs
 
(19.6
)
 
(0.3
)
 
(20.2
)
 
(5.3
)
Operating profit
 
8.5

 
27.0

 
24.2

 
51.3

 
 
 
 
 
 
 
 
 
General corporate expenses
 
(23.0
)
 
(20.7
)
 
(41.0
)
 
(43.0
)
 
 
 
 
 
 
 
 
 
Operating income
 
89.0

 
109.2

 
188.4

 
206.6

 
 
 
 
 
 
 
 
 
Interest expense
 
14.0

 
12.8

 
29.4

 
25.9

Other non-operating income
 
(0.6
)
 
(2.2
)
 
(0.5
)
 
(4.0
)
 
 
 
 
 
 
 
 
 
Income from continuing operations before income taxes
 
$
75.6

 
$
98.6

 
$
159.5

 
$
184.7