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Segment Information (Tables)
3 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Certain Operating Data for Segments

The following tables show selected operating data for our segments (in millions):

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Net sales (aggregate):

 

 

 

 

 

 

 

 

Corrugated Packaging

 

$

2,909.5

 

 

$

2,733.8

 

Consumer Packaging

 

 

1,536.9

 

 

 

1,618.8

 

Land and Development

 

 

18.9

 

 

 

13.9

 

Total

 

$

4,465.3

 

 

$

4,366.5

 

Less net sales (intersegment):

 

 

 

 

 

 

 

 

Corrugated Packaging

 

$

18.3

 

 

$

18.0

 

Consumer Packaging

 

 

23.3

 

 

 

21.1

 

Total

 

$

41.6

 

 

$

39.1

 

Net sales (unaffiliated customers):

 

 

 

 

 

 

 

 

Corrugated Packaging

 

$

2,891.2

 

 

$

2,715.8

 

Consumer Packaging

 

 

1,513.6

 

 

 

1,597.7

 

Land and Development

 

 

18.9

 

 

 

13.9

 

Total

 

$

4,423.7

 

 

$

4,327.4

 

Segment income:

 

 

 

 

 

 

 

 

Corrugated Packaging

 

$

283.4

 

 

$

246.8

 

Consumer Packaging

 

 

46.2

 

 

 

76.9

 

Land and Development

 

 

1.4

 

 

 

0.7

 

Segment income

 

 

331.0

 

 

 

324.4

 

Gain on sale of certain closed facilities

 

 

0.5

 

 

 

50.5

 

Restructuring and other costs

 

 

(30.1

)

 

 

(54.4

)

Non-allocated expenses

 

 

(18.2

)

 

 

(19.0

)

Interest expense, net

 

 

(93.5

)

 

 

(94.4

)

Loss on extinguishment of debt

 

 

 

 

 

(1.9

)

Other expense, net

 

 

(3.7

)

 

 

(2.7

)

Income before income taxes

 

$

186.0

 

 

$

202.5

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Depreciation and amortization:

 

 

 

 

 

 

 

 

Corrugated Packaging

 

$

244.3

 

 

$

218.5

 

Consumer Packaging

 

 

135.3

 

 

 

138.6

 

Corporate

 

 

1.6

 

 

 

2.0

 

Total

 

$

381.2

 

 

$

359.1