Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2013

Information for each of the past three years for our business segments is as follows:



	Metal Containers		Closures		Plastic Containers		Corporate			Total
	(Dollars in thousands)
2013
Net sales	$	2,341,409	$	720,111	$	646,998	$	—		$	3,708,518
Depreciation and amortization	84,871		35,834		46,807		132			167,644
Rationalization charges	2,490		5,615		3,882		—			11,987
Segment income from operations ⁽¹⁾	236,327		63,046		38,563		(13,756		)	324,180
Segment assets	1,514,823		937,506		753,325		33,886			3,239,540
Capital expenditures	73,764		17,094		11,769		509			103,136
2012
Net sales	$	2,293,749	$	680,031	$	614,538	$	—		$	3,588,318
Depreciation and amortization	87,629		32,427		44,203		756			165,015
Rationalization charges	2,446		2,878		3,336		—			8,660
Segment income from operations ⁽²⁾	231,456		73,148		30,848		(9,943		)	325,509
Segment assets	1,742,842		639,598		809,937		33,726			3,226,103
Capital expenditures	68,737		19,838		30,405		261			119,241
2011
Net sales	$	2,211,549	$	687,801	$	609,877	$	—		$	3,509,227
Depreciation and amortization	79,655		33,232		44,237		1,677			158,801
Rationalization charges	1,378		1,805		3,996		538			7,717
Segment income from operations ⁽³⁾	256,336		75,897		12,639		9,249			354,121
Segment assets	1,714,516		632,048		561,312		36,868			2,944,744
Capital expenditures	108,394		24,637		39,904		74			173,009

______________________


(1)	Metal containers includes plant start-up costs of $0.8 million. Closures includes a charge of $3.0 million for the remeasurement of net assets in Venezuela. Corporate includes costs attributable to announced acquisitions of $1.5 million.


(2)	Metal containers includes plant start-up costs of $6.4 million. Corporate includes costs attributable to announced acquisitions of $1.5 million.


(3)	Metal containers includes a charge for the resolution of a past product liability dispute of $3.3 million. Corporate includes income of $25.2 million for proceeds received as a result of the termination of the merger agreement with Graham Packaging, net of costs associated with certain corporate development activities.

Reconciliation of Income Before Income Taxes from Segment Income from Operations

Total segment income from operations is reconciled to income before income taxes as follows:



	2013		2012		2011
	(Dollars in thousands)
Total segment income from operations	$	324,180	$	325,509	$	354,121
Interest and other debt expense	69,462		101,722		63,954
Income before income taxes	$	254,718	$	223,787	$	290,167

Reconciliation of Total Segment Assets to Total Assets

Total segment assets at December 31 are reconciled to total assets as follows:



	2013		2012
	(Dollars in thousands)
Total segment assets	$	3,239,540	$	3,226,103
Other assets	81,542		67,440
Total assets	$	3,321,082	$	3,293,543

Financial Information Relating to Operations by Geographic Area

Financial information relating to our operations by geographic area is as follows:



	2013		2012		2011
	(Dollars in thousands)
Net sales:
United States	$	2,925,547	$	2,845,773	$	2,767,293
Foreign:
Europe	601,530		559,818		563,991
Canada	120,536		124,059		128,882
Other	60,905		58,668		49,061
Total net sales from foreign operations	782,971		742,545		741,934
Total net sales	$	3,708,518	$	3,588,318	$	3,509,227
Long-lived assets:
United States	$	681,494	$	679,273
Foreign:
Europe	360,733		341,908
Canada	45,319		46,804
Other	30,897		30,824
Total long-lived assets at foreign operations	436,949		419,536
Total long-lived assets	$	1,118,443	$	1,098,809

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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