Segment and Geographic Data

9 Months Ended

Jul. 01, 2023

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, Health, Hygiene & Specialties, and Engineered Materials.  The structure is designed to align us with our customers, provide optimal service, drive future growth, and to facilitate synergies realization.

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

	Quarterly Period Ended				Three Quarterly Periods Ended
	July 1, 2023		July 2, 2022		July 1, 2023		July 2, 2022
Net sales:
Consumer Packaging International	$	1,036	$	1,096	$	3,031	$	3,290
Consumer Packaging North America		798		927		2,335		2,659
Health, Hygiene & Specialties		657		788		1,997		2,429
Engineered Materials		738		915		2,214		2,696
Total net sales	$	3,229	$	3,726	$	9,577	$	11,074
Operating income:
Consumer Packaging International	$	68	$	82	$	190	$	248
Consumer Packaging North America		89		104		253		235
Health, Hygiene & Specialties		22		56		89		186
Engineered Materials		88		94		246		237
Total operating income	$	267	$	336	$	778	$	906
Depreciation and amortization:
Consumer Packaging International	$	79	$	78	$	230	$	242
Consumer Packaging North America		54		53		159		160
Health, Hygiene & Specialties		45		44		133		133
Engineered Materials		29		28		84		85
Total depreciation and amortization	$	207	$	203	$	606	$	620

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

	Quarterly Period Ended				Three Quarterly Periods Ended
	July 1, 2023		July 2, 2022		July 1, 2023		July 2, 2022
Net sales:
United States and Canada	$	1,748	$	2,030	$	5,195	$	5,978
Europe		1,184		1,320		3,470		3,937
Rest of world		297		376		912		1,160
Total net sales	$	3,229	$	3,726	$	9,577	$	11,074