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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
PAY VS. PERFORMANCE DISCLOSURE
 
 
The table below shows information regarding the compensation of our NEOs and our financial performance for the last five fiscal years in accordance with SEC rules.
 
Year
 
Summary
Compensation
Table Total
for
Stander ($)
(1)
 
Compensation
Actually Paid
to
Stander ($)
(2)
 
Summary
Compensation
Table Total
for
Butier ($)
(1)
 
Compensation
Actually Paid
to
Butier ($)
(2)
 
Average
Summary
Compensation
Table Total
for
Non-CEO
NEOs ($)
(1)
 
Average
Compensation
Actually Paid to
Non-CEO
NEOs ($)
(2)
 
Value of Initial Fixed $100
Investments Based on:
 
Net Income ($)
 
Adjusted
EPS ($)
(4)
 
Total
Stockholder
Return ($)
 
Peer Group
Total
Stockholder
Return ($)
(3)
2025
  $9,538,375   $6,257,992       $2,276,294   $1,913,247   $127.47   $101.03   $687,954,000   $9.53
2024
  $9,853,372   $7,425,336       $3,102,488   $1,321,463   $155.20   $136.22   $704,936,000   $9.43
2023
  $6,070,962   $7,216,077   $ 9,700,108   $10,879,032   $2,107,852   $  351,353   $165.02   $118.91   $502,988,000   $7.90
2022
      $ 9,107,739   $ 7,588,568   $2,405,277   $2,220,289   $145.19   $110.49   $757,092,000   $9.15
2021
      $12,433,721   $31,508,041   $2,342,467   $5,263,092   $170.89   $134.41   $740,087,000   $8.91
 
 
(1)
For each fiscal year, represents amount reported for our CEO(s) and average amount reported for our
non-CEO
NEOs, in each case in the Total column of the Summary Compensation Table. Our NEOs for each of these fiscal years are shown below.
 
Year
  
CEO(s)
  
Non-CEO
NEOs
2025    Deon Stander    Gregory Lovins, Danny Allouche, Ryan Yost, Deena
Baker-Nel
and Ignacio Walker
2024    Deon Stander    Danny Allouche, Gregory Lovins, Mitchell Butier, Francisco Melo and Ryan Yost
2023    Deon Stander/Mitchell Butier    Gregory Lovins, Francisco Melo, Deena
Baker-Nel
and Nicholas Colisto
2022    Mitchell Butier    Deon Stander, Gregory Lovins, Deena
Baker-Nel
and Ignacio Walker
2021    Mitchell Butier    Deon Stander, Gregory Lovins, Deena
Baker-Nel
and Ignacio Walker
 
 
(2)
Amounts represent Compensation Actually Paid to our CEO(s) or the average Compensation Actually Paid to our
non-CEO
NEOs, in each case as reported in the Total column of the Summary Compensation Table for the applicable fiscal year. For 2025, amounts were adjusted as shown below. Fair value or change in fair value, as applicable, of equity awards was determined as follows: (i) for RSUs, the closing price of our common stock on the fiscal
year-end
date, or, in the case of vesting RSUs, the closing price of our common stock on the applicable vesting date; (ii) for the performance condition component of PUs, the same valuation methodology as RSUs except that
year-end
values were multiplied by a factor reflecting achievement of the probable outcome of the respective cumulative EVA performance objective as of the applicable measurement date; (iii) for the market condition component of PUs and for MSUs, using the
Monte-Carlo
simulation method to estimate the probability of achieving the relative and absolute TSR performance objective, respectively, as of the applicable measurement date; and (iv) for stock options, using the Black-Scholes pricing model as of the applicable measurement date. For information on the inputs to our Monte-Carlo simulations, see footnote (3) to our 2025 Summary Compensation Table. For purposes of these adjustments, awards to retirement-eligible NEOs are considered vested only at the time of retirement.
 
2025 Adjustments
 
Stander
   
Average of
Non-CEO NEOs
 
Decrease for amounts reported under Stock Awards and Option Awards columns in 2025 Summary Compensation Table
  $ (7,649,430   $ (1,336,637
Increase based on ASC 718 fair value of awards granted during fiscal year 2025 that remained unvested as of fiscal
year-end
2025, determined as of fiscal
year-end
2025
    7,559,941       1,308,410  
Increase/Decrease based on ASC 718 fair value of awards granted during fiscal year 2025 that vested during fiscal year, determined as of vesting date
           
Decrease for awards granted during prior fiscal years that were outstanding and unvested as of fiscal
year-end
2025, determined based on change in ASC 718 fair value from prior fiscal
year-end
to fiscal
year-end
2025
    (3,307,935     (320,592
Increase/Decrease for awards granted during prior fiscal years that vested during fiscal year 2025, determined based on change in ASC 718 fair value from prior fiscal
year-end
to vesting date
    117,041       (13,883
Decrease for change in the actuarial present values reported under Change in Pension Value and NQDC Earnings column of 2025 Summary Compensation Table
          (345
Increase/Decrease for service cost and, if applicable, prior service cost, for pension plans
           
Total Adjustments
 
$
(3,280,383
 
$
(363,047
 
 
(3)
Peer Group represents the Dow Jones U.S. Containers and Packaging Index.
 
 
(4)
Adjusted EPS is a
non-GAAP
financial measure reconciled from GAAP in Appendix A of this proxy statement.
       
Company Selected Measure Name Adjusted EPS        
Named Executive Officers, Footnote
 
(1)
For each fiscal year, represents amount reported for our CEO(s) and average amount reported for our
non-CEO
NEOs, in each case in the Total column of the Summary Compensation Table. Our NEOs for each of these fiscal years are shown below.
 
Year
  
CEO(s)
  
Non-CEO
NEOs
2025    Deon Stander    Gregory Lovins, Danny Allouche, Ryan Yost, Deena
Baker-Nel
and Ignacio Walker
2024    Deon Stander    Danny Allouche, Gregory Lovins, Mitchell Butier, Francisco Melo and Ryan Yost
2023    Deon Stander/Mitchell Butier    Gregory Lovins, Francisco Melo, Deena
Baker-Nel
and Nicholas Colisto
2022    Mitchell Butier    Deon Stander, Gregory Lovins, Deena
Baker-Nel
and Ignacio Walker
2021    Mitchell Butier    Deon Stander, Gregory Lovins, Deena
Baker-Nel
and Ignacio Walker
       
Peer Group Issuers, Footnote Peer Group represents the Dow Jones U.S. Containers and Packaging Index.        
Adjustment To PEO Compensation, Footnote
 
(2)
Amounts represent Compensation Actually Paid to our CEO(s) or the average Compensation Actually Paid to our
non-CEO
NEOs, in each case as reported in the Total column of the Summary Compensation Table for the applicable fiscal year. For 2025, amounts were adjusted as shown below. Fair value or change in fair value, as applicable, of equity awards was determined as follows: (i) for RSUs, the closing price of our common stock on the fiscal
year-end
date, or, in the case of vesting RSUs, the closing price of our common stock on the applicable vesting date; (ii) for the performance condition component of PUs, the same valuation methodology as RSUs except that
year-end
values were multiplied by a factor reflecting achievement of the probable outcome of the respective cumulative EVA performance objective as of the applicable measurement date; (iii) for the market condition component of PUs and for MSUs, using the
Monte-Carlo
simulation method to estimate the probability of achieving the relative and absolute TSR performance objective, respectively, as of the applicable measurement date; and (iv) for stock options, using the Black-Scholes pricing model as of the applicable measurement date. For information on the inputs to our Monte-Carlo simulations, see footnote (3) to our 2025 Summary Compensation Table. For purposes of these adjustments, awards to retirement-eligible NEOs are considered vested only at the time of retirement.
 
2025 Adjustments
 
Stander
   
Average of
Non-CEO NEOs
 
Decrease for amounts reported under Stock Awards and Option Awards columns in 2025 Summary Compensation Table
  $ (7,649,430   $ (1,336,637
Increase based on ASC 718 fair value of awards granted during fiscal year 2025 that remained unvested as of fiscal
year-end
2025, determined as of fiscal
year-end
2025
    7,559,941       1,308,410  
Increase/Decrease based on ASC 718 fair value of awards granted during fiscal year 2025 that vested during fiscal year, determined as of vesting date
           
Decrease for awards granted during prior fiscal years that were outstanding and unvested as of fiscal
year-end
2025, determined based on change in ASC 718 fair value from prior fiscal
year-end
to fiscal
year-end
2025
    (3,307,935     (320,592
Increase/Decrease for awards granted during prior fiscal years that vested during fiscal year 2025, determined based on change in ASC 718 fair value from prior fiscal
year-end
to vesting date
    117,041       (13,883
Decrease for change in the actuarial present values reported under Change in Pension Value and NQDC Earnings column of 2025 Summary Compensation Table
          (345
Increase/Decrease for service cost and, if applicable, prior service cost, for pension plans
           
Total Adjustments
 
$
(3,280,383
 
$
(363,047
       
Non-PEO NEO Average Total Compensation Amount $ 2,276,294 $ 3,102,488 $ 2,107,852 $ 2,405,277 $ 2,342,467
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,913,247 1,321,463 351,353 2,220,289 5,263,092
Adjustment to Non-PEO NEO Compensation Footnote
 
(2)
Amounts represent Compensation Actually Paid to our CEO(s) or the average Compensation Actually Paid to our
non-CEO
NEOs, in each case as reported in the Total column of the Summary Compensation Table for the applicable fiscal year. For 2025, amounts were adjusted as shown below. Fair value or change in fair value, as applicable, of equity awards was determined as follows: (i) for RSUs, the closing price of our common stock on the fiscal
year-end
date, or, in the case of vesting RSUs, the closing price of our common stock on the applicable vesting date; (ii) for the performance condition component of PUs, the same valuation methodology as RSUs except that
year-end
values were multiplied by a factor reflecting achievement of the probable outcome of the respective cumulative EVA performance objective as of the applicable measurement date; (iii) for the market condition component of PUs and for MSUs, using the
Monte-Carlo
simulation method to estimate the probability of achieving the relative and absolute TSR performance objective, respectively, as of the applicable measurement date; and (iv) for stock options, using the Black-Scholes pricing model as of the applicable measurement date. For information on the inputs to our Monte-Carlo simulations, see footnote (3) to our 2025 Summary Compensation Table. For purposes of these adjustments, awards to retirement-eligible NEOs are considered vested only at the time of retirement.
 
2025 Adjustments
 
Stander
   
Average of
Non-CEO NEOs
 
Decrease for amounts reported under Stock Awards and Option Awards columns in 2025 Summary Compensation Table
  $ (7,649,430   $ (1,336,637
Increase based on ASC 718 fair value of awards granted during fiscal year 2025 that remained unvested as of fiscal
year-end
2025, determined as of fiscal
year-end
2025
    7,559,941       1,308,410  
Increase/Decrease based on ASC 718 fair value of awards granted during fiscal year 2025 that vested during fiscal year, determined as of vesting date
           
Decrease for awards granted during prior fiscal years that were outstanding and unvested as of fiscal
year-end
2025, determined based on change in ASC 718 fair value from prior fiscal
year-end
to fiscal
year-end
2025
    (3,307,935     (320,592
Increase/Decrease for awards granted during prior fiscal years that vested during fiscal year 2025, determined based on change in ASC 718 fair value from prior fiscal
year-end
to vesting date
    117,041       (13,883
Decrease for change in the actuarial present values reported under Change in Pension Value and NQDC Earnings column of 2025 Summary Compensation Table
          (345
Increase/Decrease for service cost and, if applicable, prior service cost, for pension plans
           
Total Adjustments
 
$
(3,280,383
 
$
(363,047
       
Compensation Actually Paid vs. Total Shareholder Return        
Compensation Actually Paid vs. Net Income        
Compensation Actually Paid vs. Company Selected Measure        
Total Shareholder Return Vs Peer Group        
Tabular List, Table
Pay vs. Performance Financial Performance Measures
We believe the financial performance measures shown below, all of which are performance objectives used in our executive compensation program, were the most important in linking CAP to NEOs to our company’s financial performance for 2025. For additional information regarding these measures, including reconciliations of non-GAAP financial measures from GAAP, see the CD&A and Appendix A sections of this proxy statement.
 
   
Absolute and relative TSR
   
Adjusted EPS
   
Cumulative EVA
   
Adjusted sales growth
   
Adjusted free cash flow
       
Total Shareholder Return Amount $ 127.47 155.2 165.02 145.19 170.89
Peer Group Total Shareholder Return Amount 101.03 136.22 118.91 110.49 134.41
Net Income (Loss) $ 687,954,000 $ 704,936,000 $ 502,988,000 $ 757,092,000 $ 740,087,000
Company Selected Measure Amount 9.53 9.43 7.9 9.15 8.91
Measure:: 1          
Pay vs Performance Disclosure          
Name Absolute and relative TSR        
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted EPS        
Non-GAAP Measure Description Adjusted EPS is a
non-GAAP
financial measure reconciled from GAAP in Appendix A of this proxy statement.
       
Measure:: 3          
Pay vs Performance Disclosure          
Name Cumulative EVA        
Measure:: 4          
Pay vs Performance Disclosure          
Name Adjusted sales growth        
Measure:: 5          
Pay vs Performance Disclosure          
Name Adjusted free cash flow        
Deon Stander [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 9,538,375 $ 9,853,372 $ 6,070,962    
PEO Actually Paid Compensation Amount $ 6,257,992 $ 7,425,336 $ 7,216,077    
PEO Name Deon Stander Deon Stander Deon Stander    
Mitchell Butier [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount     $ 9,700,108 $ 9,107,739 $ 12,433,721
PEO Actually Paid Compensation Amount     $ 10,879,032 $ 7,588,568 $ 31,508,041
PEO Name     Mitchell Butier Mitchell Butier Mitchell Butier
PEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (3,280,383)        
PEO | Deon Stander [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (7,649,430)        
PEO | Deon Stander [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 7,559,941        
PEO | Deon Stander [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,307,935)        
PEO | Deon Stander [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 117,041        
Non-PEO NEO          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (363,047)        
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (345)        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (1,336,637)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,308,410        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (320,592)        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (13,883)