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SEGMENT AND DISAGGREGATED REVENUE INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Net Sales to Unaffiliated Customers and Additional Financial Information by Reportable Segment and Other Expense (Income), Net by Type Revenue from our Materials Group reportable segment is attributed to geographic areas based on the location from which products are shipped. Revenue from our Solutions Group reportable segment is shown by product group.
(In millions)
2025(2)
20242023
Net sales to unaffiliated customers(1)
Materials Group:
 North America $1,943.1 $1,879.6 $1,846.3 
 Europe, the Middle East and North Africa 2,146.4 2,091.0 2,007.1 
 Asia 1,534.3 1,552.7 1,483.7 
 Latin America 469.5 489.7 474.2 
Total Materials Group6,093.3 6,013.0 5,811.3 
Solutions Group:
Apparel and other
1,811.8 1,876.8 1,662.9 
Identification Solutions and Vestcom950.4 865.9 890.1 
Total Solutions Group2,762.2 2,742.7 2,553.0 
Net sales to unaffiliated customers$8,855.5 $8,755.7 $8,364.3 
(1) Certain prior-year amounts have been reclassified to conform to the current-year presentation.
(2) Beginning in the first quarter of 2025 and to better align with our growth strategy, revenue for certain radio-frequency identification products were reflected in the Materials Group reportable segment; in prior years, these revenues were reflected in the Solutions Group reportable segment. Prior-year amounts were not material.
Additional financial information by reportable segment is shown below.
Intersegment sales are recorded at or near market prices and are eliminated in determining consolidated net sales. We do not disclose total assets by reportable segment since we neither generate nor review that information internally. As our reporting structure is neither organized nor reviewed internally by country, results by individual country are not provided.
(In millions)202520242023
Intersegment sales
Materials Group
$174.0 $162.8 $157.1 
Solutions Group55.1 52.3 35.5 
Intersegment sales$229.1 $215.1 $192.6 
Capital expenditures(1)(2)
Materials Group
$96.2 $96.3 $117.8 
Solutions Group75.1 120.8 148.7 
Capital expenditures$171.3 $217.1 $266.5 
Depreciation and amortization expense(1)
Materials Group
$137.4 $130.9 $127.8 
Solutions Group190.8 181.3 170.6 
Depreciation and amortization expense$328.2 $312.2 $298.4 
(1) Corporate capital expenditures and depreciation and amortization expense are allocated to the reportable segments based on their respective percentage of consolidated net sales.
(2) Capital expenditures for property, plant and equipment included accruals.
Other expense (income), net, by type were as follows:
(In millions)202520242023
Other expense (income), net, by type
Restructuring charges, net of reversals:
Severance and related costs, net of reversals
$43.2 $35.4 $70.8 
Asset impairment and lease cancellation charges
4.0 6.5 8.6 
Other items:
(Gain) loss on venture and other investments, net23.3 19.2 1.5 
Losses from Argentine peso remeasurement and Blue Chip Swap transactions5.6 16.4 29.9 
Transaction and related costs5.1 .3 5.3 
Outcomes of legal matters and settlements, net(1)
9.2 (6.2)64.3 
(Gain) loss on sales of assets
(12.9)— .5 
Other expense (income), net$77.5 $71.6 $180.9 
(1) Amount for 2023 included an additional contingent liability of $56.3 million related to the Adasa litigation. Refer to Note 8, “Contingencies” for more information.
Schedule of Material Group Revenue By Product
Revenue from our Materials Group reportable segment by product group is shown below.
(In millions)202520242023
Net sales to unaffiliated customers(1)
Materials Group:
Labels, graphics and reflectives
$5,332.2 $5,266.0 $5,076.8 
 Performance materials(2)
547.2 516.6 522.8 
 Other 213.9 230.4 211.7 
Total Materials Group$6,093.3 $6,013.0 $5,811.3 
(1) Certain prior-year amounts have been reclassified to conform to the current-year presentation.
(2) Performance materials includes industrial and medical tapes, trade adhesives and Taylor Adhesives.
Schedule of Revenue is Attributed to Geographic Areas Based on the Location
Our total company revenue by geographic area is shown below. Revenue is attributed to geographic areas based on the location from which products are shipped.
(In millions)202520242023
Net sales to unaffiliated customers
U.S.$2,751.0 $2,613.4 $2,578.3 
Europe, the Middle East and North Africa2,457.1 2,418.6 2,306.7 
Asia2,726.8 2,763.1 2,545.2 
Latin America567.3 599.8 582.3 
Other353.3 360.8 351.8 
Net sales to unaffiliated customers$8,855.5 $8,755.7 $8,364.3 
Schedule of Segment Results and Reconciliation to Income before Taxes and Segment Expenses Segment results and reconciliation to income before taxes are presented below.
(In millions)202520242023
Materials Group
Net sales to unaffiliated customers
$6,093.3 $6,013.0 $5,811.3 
Segment expense(1)
5,171.1 5,088.3 5,022.1 
Segment adjusted operating income$922.2 $924.7 $789.2 
Solutions Group
Net sales to unaffiliated customers
$2,762.2 $2,742.7 $2,553.0 
Segment expense(1)
2,475.9 2,453.4 2,301.0 
Segment adjusted operating income$286.3 $289.3 $252.0 
(1) Segment expense included cost of products sold and marketing, general and administrative expense and excluded other expense (income), net, and other items.
(In millions)202520242023
Segment adjusted operating income
Materials Group
$922.2 $924.7 $789.2 
Solutions Group286.3 289.3 252.0 
Total1,208.5 1,214.0 1,041.2 
Corporate expense(84.7)(91.9)(77.4)
Other expense (income), net and other items(77.5)(78.3)(180.9)
Interest expense(135.4)(117.0)(119.0)
Other non-operating expense (income), net14.2 26.7 30.8 
Income before taxes$925.1 $953.5 $694.7 
Schedule of Long-lived Assets by Geographical Area
Long-lived assets (including property, plant and equipment, net, and operating lease assets) in our U.S. and non-U.S. operations were as follows:
(In millions)20252024
Long-lived assets
U.S.$615.6 $642.7 
Non-U.S.
1,207.9 1,171.5 
Long-lived assets
$1,823.5 $1,814.2