XML 47 R37.htm IDEA: XBRL DOCUMENT v3.23.3
Segment Information - Summary of Adjusted EBITDA (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Segment Reporting Information [Line Items]        
Total segment net revenues $ 935 $ 967 $ 2,750 $ 2,729
Adjusted EBITDA 165 116 398 346
Depreciation and amortization 31 30 92 87
Net revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 935 967 2,750 2,729
Intersegment revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 0 0 0 0
Operating Segment        
Segment Reporting Information [Line Items]        
Total segment net revenues 941 970 2,770 2,741
Adjusted EBITDA 194 124 477 371
Depreciation and amortization 22 21 65 61
Operating Segment | Net revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 933 966 2,754 2,729
Operating Segment | Intersegment revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 8 4 16 12
Operating Segment | Reynolds Cooking & Baking        
Segment Reporting Information [Line Items]        
Total segment net revenues 312 327 916 889
Adjusted EBITDA 51 33 94 97
Depreciation and amortization 8 6 22 18
Operating Segment | Reynolds Cooking & Baking | Net revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 312 327 916 889
Operating Segment | Reynolds Cooking & Baking | Intersegment revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 0 0 0 0
Operating Segment | Hefty Waste & Storage        
Segment Reporting Information [Line Items]        
Total segment net revenues 244 237 705 704
Adjusted EBITDA 71 44 188 135
Depreciation and amortization 5 5 15 14
Operating Segment | Hefty Waste & Storage | Net revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 241 234 697 696
Operating Segment | Hefty Waste & Storage | Intersegment revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 3 3 8 8
Operating Segment | Hefty Tableware        
Segment Reporting Information [Line Items]        
Total segment net revenues 233 251 708 701
Adjusted EBITDA 41 24 117 72
Depreciation and amortization 4 4 12 12
Operating Segment | Hefty Tableware | Net revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 233 251 708 701
Operating Segment | Hefty Tableware | Intersegment revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 0 0 0 0
Operating Segment | Presto Products        
Segment Reporting Information [Line Items]        
Total segment net revenues 152 155 441 447
Adjusted EBITDA 31 23 78 67
Depreciation and amortization 5 6 16 17
Operating Segment | Presto Products | Net revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 147 154 433 443
Operating Segment | Presto Products | Intersegment revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 5 1 8 4
Unallocated        
Segment Reporting Information [Line Items]        
Total segment net revenues (6) (3) (20) (12)
Adjusted EBITDA (29) (8) (79) (25)
Depreciation and amortization 9 9 27 26
Unallocated | Net revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues 2 1 (4) 0
Unallocated | Intersegment revenues        
Segment Reporting Information [Line Items]        
Total segment net revenues $ (8) $ (4) $ (16) $ (12)