Revenue

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

The following tables present our revenues disaggregated by reportable segment and geography as they best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Revenues by segment for the three months ended March 31 were as follows:

	2026		2025
	(Dollars in thousands)
Dispensing and Specialty Closures	$	685,322	$	671,103
Metal Containers	724,870		628,427
Custom Containers	151,066		167,131
	$	1,561,258	$	1,466,661

Revenues by geography for the three months ended March 31 were as follows:

	2026		2025
	(Dollars in thousands)
North America	$	1,083,636	$	1,017,570
Europe and other	477,622		449,091
	$	1,561,258	$	1,466,661

Our contract assets primarily consist of unbilled accounts receivable related to over time revenue recognition and were $114.0 million, $115.3 million, and $112.5 million as of March 31, 2026 and 2025 and December 31, 2025, respectively. Unbilled receivables are included in trade accounts receivable, net on our Condensed Consolidated Balance Sheets. We have entered into various supply chain financing, or SCF, arrangements with financial institutions pursuant to which we sell receivables of certain customers to such financial institutions without recourse and accelerate payment in respect of such receivables sooner than provided in the applicable supply agreements with such customers. Receivables sold under these arrangements totaled $216.1 million and $225.7 million for the three months ended March 31, 2026 and 2025, respectively.