Segment and Geographic Data

9 Months Ended

Jul. 03, 2021

Segment and Geographic Data [Abstract]

Segment and Geographic Data

10.  Segment and Geographic Data

The Company’s operations are organized into four reporting segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene & Specialties.  The structure is designed to align us with our customers, provide optimal service, drive future growth, and to facilitate synergies realization.  In October 2020, the Company realigned portions of our operating segments.  As a result of these organizational realignments, we have recast prior period segment amounts resulting in the following Net sales movements for the three quarterly periods ended June 27, 2020: (1.) Tapes business: $199 million from Engineered Materials to Health, Hygiene & Specialties, (2.) North American Healthcare: $216 million from Consumer Packaging North America to Consumer Packaging International and (3.) European Films: $537 million from Consumer Packaging International to Engineered Materials.

Selected information by reportable segment is presented in the following tables:

	Quarterly Period Ended				Three Quarterly Periods Ended
	July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020
Net sales:
Consumer Packaging International	$	1,095	$	904	$	3,143	$	2,804
Consumer Packaging North America		847		644		2,264		1,888
Health, Hygiene & Specialties		828		669		2,349		1,923
Engineered Materials		905		693		2,425		2,086
Total net sales	$	3,675	$	2,910	$	10,181	$	8,701
Operating income:
Consumer Packaging International	$	79	$	80	$	214	$	176
Consumer Packaging North America		76		78		212		191
Health, Hygiene & Specialties		113		95		323		208
Engineered Materials		75		94		231		255
Total operating income	$	343	$	347	$	980	$	830
Depreciation and amortization:
Consumer Packaging International	$	88	$	78	$	258	$	239
Consumer Packaging North America		53		58		164		174
Health, Hygiene & Specialties		43		45		130		138
Engineered Materials		28		28		87		87
Total depreciation and amortization	$	212	$	209	$	639	$	638

Selected information by geographical region is presented in the following tables:

	Quarterly Period Ended				Three Quarterly Periods Ended
	July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020
Net sales:
United States and Canada	$	1,937	$	1,430	$	5,342	$	4,648
Europe		1,308		1,172		3,658		3,156
Rest of world		430		308		1,181		897
Total net sales	$	3,675	$	2,910	$	10,181	$	8,701

Selected information by product line is presented in the following tables:

	Quarterly Period Ended						Three Quarterly Periods Ended
	July 3, 2021			June 27, 2020			July 3, 2021			June 27, 2020
Net sales:
Packaging		81			83			80			82
Non-packaging		19			17			20			18
Consumer Packaging International		100	%		100	%		100	%		100	%
Rigid Open Top		58			54			56			55
Rigid Closed Top		42			46			44			45
Consumer Packaging North America		100	%		100	%		100	%		100	%
Health		19			19			19			16
Hygiene		47			47			46			48
Specialties		34			34			35			36
Health, Hygiene & Specialties		100	%		100	%		100	%		100	%
Core Films		66			64			63			62
Retail & Industrial		34			36			37			38
Engineered Materials		100	%		100	%		100	%		100	%