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Segment Information - Selected Financial Information by Reportable Segment (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Segment Reporting Information [Line Items]        
Net sales $ 2,182.4 $ 1,936.0 $ 6,237.2 $ 5,864.5
Operating Income (Loss) 327.1 258.6 799.1 813.6
Non-operating pension expense 1.2 (1.8) 3.4 (5.8)
Interest expense, net (9.7) (12.3) (29.7) (42.2)
Income before taxes 318.6 244.5 772.8 765.6
Trade        
Segment Reporting Information [Line Items]        
Net sales 2,182.4 1,936.0 6,237.2 5,864.5
Operating Segments        
Segment Reporting Information [Line Items]        
Net sales 2,182.4 1,936.0 6,237.2 5,864.5
Material Reconciling Items [Member]        
Segment Reporting Information [Line Items]        
Net sales (51.2) (45.2) (140.5) (130.9)
Intersegment Eliminations        
Segment Reporting Information [Line Items]        
Net sales (51.2) (45.2) (140.5) (130.9)
Packaging        
Segment Reporting Information [Line Items]        
Net sales 2,008.7 1,759.8 5,715.3 5,358.7
Operating Income (Loss) 320.7 [1] 256.8 [2] 804.3 [1],[3] 810.5 [2]
Packaging | Trade        
Segment Reporting Information [Line Items]        
Net sales 1,998.8 [1] 1,755.2 [2] 5,694.3 [1],[3] 5,344.3 [2]
Packaging | Intersegment        
Segment Reporting Information [Line Items]        
Net sales 9.9 [1] 4.6 [2] 21.0 [1],[3] 14.4 [2]
Packaging | Operating Segments        
Segment Reporting Information [Line Items]        
Net sales 2,008.7 [1] 1,759.8 [2] 5,715.3 [1],[3] 5,358.7 [2]
Paper        
Segment Reporting Information [Line Items]        
Net sales 159.3 157.9 473.2 451.6
Operating Income (Loss) 38.5 27.6 [2] 94.9 [3] 90.8 [2]
Paper | Trade        
Segment Reporting Information [Line Items]        
Net sales 159.3 157.9 [2] 473.2 [3] 451.6 [2]
Paper | Operating Segments        
Segment Reporting Information [Line Items]        
Net sales 159.3 157.9 [2] 473.2 [3] 451.6 [2]
Corporate and Other        
Segment Reporting Information [Line Items]        
Net sales 14.4 18.3 48.7 54.2
Operating Income (Loss) (32.1) (25.8) (100.1) (87.7)
Corporate and Other | Trade        
Segment Reporting Information [Line Items]        
Net sales 24.3 22.9 69.7 68.6
Corporate and Other | Intersegment        
Segment Reporting Information [Line Items]        
Net sales 41.3 40.6 119.5 116.5
Corporate and Other | Operating Segments        
Segment Reporting Information [Line Items]        
Net sales $ 65.6 $ 63.5 $ 189.2 $ 185.1
[1] The three and nine months ended September 30, 2024 include $0.9 million and $1.0 million, respectively, of charges consisting of closure costs related to corrugated products facilities. For the nine months ended September 30, 2024, these charges were partially offset by income primarily related to a favorable lease buyout for a closed corrugated products facility during the first quarter of 2024.
[2] The three and nine months ended September 30, 2023 include the following:
1.
$2.6 million and $8.2 million, respectively, of charges related to the announced discontinuation of production of UFS paper grades on the No. 3 machine at the Jackson, Alabama mill associated with the permanent conversion of the machine to produce linerboard and other paper-to-containerboard conversion related activities.
2.
$0.1 million of income and $13.5 million of charges, respectively, related to the closure of corrugated products facilities and design centers. Included therein are closure costs as well as the gain on sale of a corrugated products facility.
[3] The nine months ended September 30, 2024 include $9.7 million of charges related to the announced discontinuation of production of UFS paper grades on the No. 3 machine at the Jackson, Alabama mill associated with the permanent conversion of the machine to produce linerboard and other paper-to-containerboard conversion related activities.