Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

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)
2016
Net sales	$	2,271,933		$	797,074	$	543,907	$	—		$	3,612,914
Depreciation and amortization	72,810			38,146		31,993		109			143,058
Rationalization charges	12,056			568		6,437		—			19,061
Segment income from operations(1)	214,696			99,806		5,231		(20,003		)	299,730
Segment assets	1,551,729			808,771		707,578		32,891			3,100,969
Capital expenditures	108,606			43,120		40,152		15			191,893
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(2)	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

______________________ 

(1) Corporate includes costs attributed to announced acquisitions of $1.4 million.

(2) Closures includes a loss from operations in Venezuela of $3.1 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:

	2016		2015		2014
	(Dollars in thousands)
Total segment income from operations	$	299,730	$	319,812	$	360,853
Interest and other debt expense	67,813		66,926		76,301
Income before income taxes	$	231,917	$	252,886	$	284,552

Reconciliation of Total Segment Assets to Total Assets

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

	2016		2015
	(Dollars in thousands)
Total segment assets	$	3,100,969	$	3,144,625
Other assets	48,421		48,054
Total assets	$	3,149,390	$	3,192,679

Financial Information Relating to Operations by Geographic Area

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

	2016		2015		2014
	(Dollars in thousands)
Net sales:
United States	$	2,905,157	$	3,014,068	$	3,026,352
Foreign:
Europe	551,071		576,688		675,447
Canada	110,293		121,709		140,215
Other	46,393		51,506		69,776
Total net sales from foreign operations	707,757		749,903		885,438
Total net sales	$	3,612,914	$	3,763,971	$	3,911,790
Long-lived assets:
United States	$	853,508	$	805,219
Foreign:
Europe	252,246		263,425
Canada	27,687		31,305
Other	23,511		25,484
Total long-lived assets at foreign operations	303,444		320,214
Total long-lived assets	$	1,156,952	$	1,125,433