Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2018

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)
2018
Net sales	$	2,377,980	$	1,456,799	$	614,096	$	—		$	4,448,875
Depreciation and amortization	81,420		74,217		35,949		151			191,737
Rationalization charges	5,316		180		757		—			6,253
Segment income	198,826		189,906		42,562		(19,194		)	412,100
Segment assets	1,601,944		2,169,985		722,205		33,791			4,527,925
Capital expenditures	84,490		62,183		44,242		58			190,973
2017
Net sales	$	2,278,054	$	1,246,669	$	565,131	$	—		$	4,089,854
Depreciation and amortization	77,698		61,668		34,607		89			174,062
Rationalization charges	3,308		1,042		1,476		—			5,826
Segment income(1)	230,199		142,048		27,770		(43,027		)	356,990
Segment assets	1,670,426		2,182,529		704,432		34,081			4,591,468
Capital expenditures	87,115		56,682		30,141		491			174,429
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(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

______________________ 

(1) Corporate includes costs attributed to announced acquisitions of $24.7 million and $1.4 million in 2017 and 2016, respectively.

Reconciliation of Income Before Income Taxes from Segment Income from Operations

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

	2018		2017		2016
	(Dollars in thousands)
Total segment income	$	412,100	$	356,990	$	299,730
Interest and other debt expense	118,799		117,309		67,813
Income before income taxes	$	293,301	$	239,681	$	231,917

Reconciliation of Total Segment Assets to Total Assets

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

	2018		2017
	(Dollars in thousands)
Total segment assets	$	4,527,925	$	4,591,468
Other assets	51,369		53,981
Total assets	$	4,579,294	$	4,645,449

Financial Information Relating to Operations by Geographic Area

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

	2018		2017		2016
	(Dollars in thousands)
Net sales:
United States	$	3,333,668	$	3,110,595	$	2,905,157
Foreign:
Europe	858,255		747,043		551,071
Other	256,952		232,216		156,686
Total net sales from foreign operations	1,115,207		979,259		707,757
Total net sales	$	4,448,875	$	4,089,854	$	3,612,914
Long-lived assets:
United States	$	989,426	$	942,171
Foreign:
Europe	410,919		422,709
Other	117,165		124,992
Total long-lived assets at foreign operations	528,084		547,701
Total long-lived assets	$	1,517,510	$	1,489,872