Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Reportable Business Segment Information

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)
2015
Net sales	$	2,365,268		$	804,988	$	593,715	$	—		$	3,763,971
Depreciation and amortization	70,685			37,720		33,665		122			142,192
Rationalization charges	41			1,684		12,682		—			14,407
Segment income from operations	236,421			91,823		7,768		(16,200		)	319,812
Segment assets	1,542,120			834,114		735,182		33,209			3,144,625
Capital expenditures	146,972			41,796		48,510		24			237,302
2014
Net sales	$	2,369,684		$	882,934	$	659,172	$	—		$	3,911,790
Depreciation and amortization	70,117			41,571		36,274		127			148,089
Rationalization charges	(440		)	12,256		2,665		—			14,481
Segment income from operations(1)	248,704			75,592		51,495		(14,938		)	360,853
Segment assets	1,544,869			857,375		773,753		33,682			3,209,679
Capital expenditures	94,396			24,160		21,866		7			140,429
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(2)	236,327			63,046		38,563		(13,756		)	324,180
Segment assets	1,503,270			937,506		750,955		33,886			3,225,617
Capital expenditures	73,764			17,094		11,769		509			103,136

______________________ 

(1) Closures includes a loss from operations in Venezuela of $3.1 million.

(2) Metal containers includes new plant start-up costs of $0.8 million. Closures includes a loss from operations in Venezuela of $2.9 million, which includes a charge of $3.0 million for the remeasurement of net assets due to a currency devaluation. Corporate includes costs attributable to announced acquisitions of $1.5 million.

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:

	2015		2014		2013
	(Dollars in thousands)
Total segment income from operations	$	319,812	$	360,853	$	324,180
Interest and other debt expense	66,926		76,301		69,462
Income before income taxes	$	252,886	$	284,552	$	254,718

Reconciliation of Total Segment Assets to Total Assets

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

	2015		2014
	(Dollars in thousands)
Total segment assets	$	3,144,625	$	3,209,679
Other assets	48,054		64,457
Total assets	$	3,192,679	$	3,274,136

Financial Information Relating to Operations by Geographic Area

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

	2015		2014		2013
	(Dollars in thousands)
Net sales:
United States	$	3,014,068	$	3,026,352	$	2,925,547
Foreign:
Europe	576,688		675,447		601,530
Canada	121,709		140,215		120,536
Other	51,506		69,776		60,905
Total net sales from foreign operations	749,903		885,438		782,971
Total net sales	$	3,763,971	$	3,911,790	$	3,708,518
Long-lived assets:
United States	$	805,219	$	706,168
Foreign:
Europe	263,425		288,510
Canada	31,305		40,481
Other	25,484		28,472
Total long-lived assets at foreign operations	320,214		357,463
Total long-lived assets	$	1,125,433	$	1,063,631