Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of our goodwill are as follows (dollars in millions):

	Goodwill
Balance at January 1, 2024	$	922.4
Balance at December 31, 2024		922.4
Acquisitions (a)		449.9
Balance at December 31, 2025	$	1,372.3

In connection with the September 2025 Greif Acquisition, the Company recorded $449.9 million of goodwill in the Packaging segment. See Note 5, Acquisitions, for more information on the September 2025 Greif Acquisition

Components of Intangible Assets

The weighted average useful life, gross carrying amount, and accumulated amortization of our intangible assets were as follows (dollars in millions):

	As of December 31, 2025						As of December 31, 2024
	Weighted Average Remaining Useful Life (in Years)		Gross Carrying Amount		Accumulated Amortization		Weighted Average Remaining Useful Life (in Years)		Gross Carrying Amount		Accumulated Amortization
Customer relationships (b)		12.4	$	966.0	$	407.2		6.6	$	546.0	$	362.4
Trademarks and trade names (b)		4.8		81.3		37.8		6.0		41.3		33.0
Other		0.9		4.4		4.4		1.9		4.4		4.4
Total intangible assets (excluding goodwill)		11.8	$	1,051.7	$	449.4		6.6	$	591.7	$	399.8

(b)In connection with the September 2025 Greif Acquisition, the Company recorded intangible assets of $420.0 million for customer relationships and $40.0 million for trademarks. See Note 5, Acquisitions, for additional information.