Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2024

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Year	Summary Compensation Table Total for PEO ($)(3)	Compensation Actually Paid to PEO(1)(2) ($)	Average Summary Compensation Table Total for Non-PEO NEOs(3) ($)	Average Compensation Actually Paid to Non-PEO NEOs(1)(2) ($)	Value of Initial Fixed $100 Investment Based On:		Net Income ($m)	Adjusted EBIT(6) ($m)
					Company TSR(4) ($)	Peer Group TSR(4)(5) ($)
2024	8,642,216	10,556,908	2,032,894	2,397,246	109	141	352	549
2023	8,721,018	9,414,595	2,171,986	2,291,678	105	120	298	512
2022	6,805,161	3,692,477	1,715,941	1,096,076	114	121	258	429
2021	5,940,377	3,389,548	1,480,706	1,022,817	116	131	324	492
2020	11,410,221	12,624,919	2,683,195	2,896,277	107	114	363	618

Company Selected Measure Name

Adjusted EBIT

Named Executive Officers, Footnote

The PEO/CEO for all years shown was Lance Mitchell. The non-PEO NEOs represent the following individuals for each of the years shown:

•2024: Scott Huckins, who served as CFO (a non-PEO NEO) for the entirety of the reporting year, Rachel Bishop, President, Hefty Tableware, Judith Buckner, President, Reynolds Cooking & Baking and Steve Estes, Chief Administrative Officer;

•2023: Scott Huckins, CFO, Rachel Bishop, President, Hefty Tableware, Judith Buckner, President, Reynolds Cooking & Baking, Lisa Smith, President, Hefty Waste and Storage and Michael Graham, former CFO;

•2022: Michael Graham, CFO, Rachel Bishop, President, Hefty Tableware, Judith Buckner, President, Reynolds Cooking & Baking, Lisa Smith, President, Hefty Waste and Storage and Craig Cappel, former President, Reynolds Cooking & Baking;

•2021: Michael Graham, CFO, Craig Cappel, former President, Reynolds Cooking & Baking, Stephan Pace, President, Sales and Chief Customer Officer and Steve Estes, Chief Administrative Officer; and

•2020: Michael Graham, CFO, Rachel Bishop, President, Hefty Tableware, Craig Cappel, former President, Reynolds Cooking & Baking and Stephan Pace, President, Sales and Chief Customer Officer.

Peer Group Issuers, Footnote

The complete list of our peer group used for the TSR calculation is the same group of companies used by us for purposes of the performance graph in our Annual Report on Form 10-K and comprises: Church & Dwight Co., Inc., The Clorox Company, Colgate-Palmolive Company, Energizer Holdings, Inc., Kimberly-Clark Corporation, Newell Brands Inc., The Procter & Gamble Company, The Scotts Miracle-Gro Company, Spectrum Brands Holdings, Inc. and WD-40 Company.

PEO Total Compensation Amount

$ 8,642,216

$ 8,721,018

$ 6,805,161

$ 5,940,377

$ 11,410,221

PEO Actually Paid Compensation Amount

$ 10,556,908

9,414,595

3,692,477

3,389,548

12,624,919

Adjustment To PEO Compensation, Footnote

To calculate compensation actually paid (“CAP”), the following amounts were deducted from and added to the Summary Compensation Table (“SCT”) total compensation for 2024 (the equity adjustments for 2020-2023 were set forth in the proxy statements for our 2023 and 2022 annual meeting of stockholders):

PEO SCT Total to CAP Reconciliation

Year	SCT Total ($)	Deductions from SCT Total ($)(i)	Additions to SCT Total ($)(ii)	CAP ($)
2024	8,642,216	(4,649,988)	6,564,680	10,556,908

Represents the following:

Year	Grant Date Fair Value of Covered Year Equity Awards ($)	Deductions from SCT Total ($)
2024	(4,649,988)	(4,649,988)

(ii)    Represents the following:

Year	Fair Value of Equity Awards Granted in Covered Year at Covered Year End ($)	Change in Fair Value from Prior Year End to Covered Year End of Prior Years' Awards Unvested at the End of Covered Year ($)	Change in Fair Value at Vesting Date from Prior Year End of Prior Years' Awards that Vested in Covered Year ($)	Additions to SCT Total ($)
2024	6,517,303	26,790	20,587	6,564,680

Non-PEO NEO Average Total Compensation Amount

$ 2,032,894

2,171,986

1,715,941

1,480,706

2,683,195

Non-PEO NEO Average Compensation Actually Paid Amount

$ 2,397,246

2,291,678

1,096,076

1,022,817

2,896,277

Adjustment to Non-PEO NEO Compensation Footnote

Average Non-PEO NEO SCT Total to CAP Reconciliation

Year	SCT Total ($)	Deductions from SCT Total ($)(iii)	Additions to SCT Total ($)(iv)	CAP ($)
2024	2,032,894	(873,620)	1,237,972	2,397,246

(iii)    Represents the following:

Year	Grant Date Fair Value of Covered Year Equity Awards ($)	Deductions from SCT Total ($)
2024	(873,620)	(873,620)

(iv)    Represents the following:

Year	Fair Value of Equity Awards Granted in Covered Year at Covered Year End ($)	Change in Fair Value from Prior Year End to Covered Year End of Prior Years' Awards Unvested at the End of Covered Year ($)	Change in Fair Value at Vesting Date from Prior Year End of Prior Years' Awards that Vested in Covered Year ($)	Additions to SCT Total ($)
2024	1,224,436	4,462	9,074	1,237,972

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. Cumulative Company TSR and Cumulative Peer Group TSR

(1)     Regular CAP consists of CAP amounts in each year, other than IPO-Related CAP in 2020. IPO-Related CAP consists of the 2020 amounts awarded pursuant to IPO Success Transition Bonuses and the IPO RSUs granted on February 4, 2020.

Compensation Actually Paid vs. Net Income

Compensation Actually Paid vs. Net Income

(1)     Regular CAP consists of CAP amounts in each year, other than IPO-Related CAP in 2020. IPO-Related CAP consists of the 2020 amounts awarded pursuant to IPO Success Transition Bonuses and the IPO RSUs granted on February 4, 2020.

Compensation Actually Paid vs. Company Selected Measure

Compensation Actually Paid vs. Adjusted EBIT

(1)     Regular CAP consists of CAP amounts in each year, other than IPO-Related CAP in 2020. IPO-Related CAP consists of the 2020 amounts awarded pursuant to IPO Success Transition Bonuses and the IPO RSUs granted on February 4, 2020.

Total Shareholder Return Vs Peer Group

Compensation Actually Paid vs. Cumulative Company TSR and Cumulative Peer Group TSR

(1)     Regular CAP consists of CAP amounts in each year, other than IPO-Related CAP in 2020. IPO-Related CAP consists of the 2020 amounts awarded pursuant to IPO Success Transition Bonuses and the IPO RSUs granted on February 4, 2020.

Tabular List, Table

Most Important Performance Measures

• Adjusted EBIT

• Revenue

• Adjusted Earnings per Share

• Adjusted EBITDA(1)

• Free Cash Flow

Total Shareholder Return Amount

$ 109

105

114

116

107

Peer Group Total Shareholder Return Amount

141

120

121

131

114

Net Income (Loss)

$ 352,000,000

$ 298,000,000

$ 258,000,000

$ 324,000,000

$ 363,000,000

Company Selected Measure Amount

549,000,000

512,000,000

429,000,000

492,000,000

618,000,000

Additional 402(v) Disclosure

We define Adjusted EBITDA as net income calculated in accordance with GAAP, plus the sum of income tax expense, net interest expense, depreciation and amortization and IPO and separation-related costs, as well as other non-recurring costs.

Measure:: 1

Pay vs Performance Disclosure

Non-GAAP Measure Description

Our company-selected measure, which is the measure we believe represents the most important financial performance measure not otherwise presented in the table above that we use to link Compensation Actually Paid to our NEOs for fiscal 2024 to our company’s performance is Adjusted EBIT. Adjusted EBIT is a non-GAAP financial measure. Refer to Appendix A to this Proxy Statement for a reconciliation of this non-GAAP financial measure to the corresponding GAAP measure.

Measure:: 6

Pay vs Performance Disclosure

Non-GAAP Measure Description

Total shareholder return as calculated based on a fixed investment of $100 measured from the market close on January 31, 2020 (the first trading day of our stock) through and including the end of the fiscal year for each year reported in the table.

PEO

Pay vs Performance Disclosure

Adjustment to Compensation Amount, Deductions

$ (4,649,988)

Adjustment to Compensation Amount, Additions

6,564,680

PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(4,649,988)

PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

6,517,303

PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

26,790

PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

20,587

Non-PEO NEO

Pay vs Performance Disclosure

Adjustment to Compensation Amount, Deductions

(873,620)

Adjustment to Compensation Amount, Additions

$ 1,237,972

Non-PEO NEO | Measure:: 1

Pay vs Performance Disclosure

Name

• Adjusted EBIT

Non-PEO NEO | Measure:: 2

Pay vs Performance Disclosure

Name

• Revenue

Non-PEO NEO | Measure:: 3

Pay vs Performance Disclosure

Name

• Adjusted Earnings per Share

Non-PEO NEO | Measure:: 4

Pay vs Performance Disclosure

Name

• Adjusted EBITDA(1)

Non-PEO NEO | Measure:: 5

Pay vs Performance Disclosure

Name

• Free Cash Flow

Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ (873,620)

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

4,462

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

9,074

Non-PEO NEO | Equity Awards in Current Year, Fair Value [Member]

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 1,224,436