Segment Information (Tables)

6 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Certain Operating Data for Segments

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

	Three Months Ended						Six Months Ended
	March 31,						March 31,
	2020			2019			2020			2019
Net sales (aggregate):
Corrugated Packaging	$	2,882.5		$	2,990.7		$	5,792.0		$	5,724.5
Consumer Packaging		1,616.3			1,668.3			3,153.2			3,287.1
Land and Development		—			0.8			18.9			14.7
Total	$	4,498.8		$	4,659.8		$	8,964.1		$	9,026.3
Less net sales (intersegment):
Corrugated Packaging	$	20.7		$	19.4		$	39.0		$	37.4
Consumer Packaging		30.8			20.4			54.1			41.5
Total	$	51.5		$	39.8		$	93.1		$	78.9
Net sales (unaffiliated customers):
Corrugated Packaging	$	2,861.8		$	2,971.3		$	5,753.0		$	5,687.1
Consumer Packaging		1,585.5			1,647.9			3,099.1			3,245.6
Land and Development		—			0.8			18.9			14.7
Total	$	4,447.3		$	4,620.0		$	8,871.0		$	8,947.4
Segment income:
Corrugated Packaging	$	244.5		$	310.3		$	527.9		$	557.1
Consumer Packaging		90.8			85.2			137.0			162.1
Land and Development		—			0.5			1.4			1.2
Segment income		335.3			396.0			666.3			720.4
Gain on sale of certain closed facilities		5.0			—			5.5			50.5
Multiemployer pension withdrawal expense		(0.9	)		—			(0.9	)		—
Land and Development impairments		—			(13.0	)		—			(13.0	)
Restructuring and other costs		(16.4	)		(34.8	)		(46.5	)		(89.2	)
Non-allocated expenses		(17.6	)		(24.4	)		(35.8	)		(43.4	)
Interest expense, net		(97.3	)		(111.8	)		(190.8	)		(206.2	)
(Loss) gain on extinguishment of debt		(0.5	)		0.4			(0.5	)		(1.5	)
Other expense, net		(0.9	)		(3.3	)		(4.6	)		(6.0	)
Income before income taxes	$	206.7		$	209.1		$	392.7		$	411.6

	Three Months Ended				Six Months Ended
	March 31,				March 31,
	2020		2019		2020		2019
Depreciation and amortization:
Corrugated Packaging	$	239.6	$	242.7	$	483.9	$	461.2
Consumer Packaging		133.2		139.2		268.5		277.8
Corporate		1.7		1.8		3.3		3.8
Total	$	374.5	$	383.7	$	755.7	$	742.8