RATIONALIZATION CHARGES (Tables)

12 Months Ended

Dec. 31, 2024

Restructuring and Related Activities [Abstract]

Rationalization Charges by Business Segment

Rationalization charges by segment for each of the years ended December 31 were as follows:

	2024		2023		2022
	(Dollars in thousands)
Dispensing and Specialty Closures	$	23,055	$	11,285	$	944
Metal Containers	14,469		(7,849)		73,137
Custom Containers	21,957		4,976		—
	$	59,481	$	8,412	$	74,081

Activity in Rationalization Plan Reserves

Activity in reserves for our rationalization plans was as follows:

	Employee Severance and Benefits		Plant Exit Costs		Non-Cash Asset Write-Down		Total
	(Dollars in thousands)
Balance as of January 1, 2022	$	41,090	$	157	$	—	$	41,247
Charged to expense	(1,657)		1,205		74,533		74,081
Utilized and currency translation	(7,792)		(1,203)		(74,533)		(83,528)
Balance at December 31, 2022	31,641		159		—		31,800
Charged to expense	12,314		6,175		(10,077)		8,412
Utilized and currency translation	(10,400)		(5,869)		10,077		(6,192)
Balance at December 31, 2023	33,555		465		—		34,020
Charged to expense	8,972		20,607		29,902		59,481
Utilized and currency translation	(13,209)		(21,072)		(29,902)		(64,183)
Balance at December 31, 2024	$	29,318	$	—	$	—	$	29,318