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Financial Segment Information
 6 Months Ended
Jul. 03, 2011
Financial Segment Information [Abstract]  
Financial Segment Information
Note 12: Financial Segment Information
Sonoco reports its results in three segments, Consumer Packaging, Tubes and Cores/Paper and Packaging Services. The remaining operations are reported as All Other Sonoco.
The Consumer Packaging segment includes the following products and services: round and shaped rigid containers and trays (both composite and plastic); printed flexible packaging; metal and peelable membrane ends and closures; and global brand artwork management.
The Tubes and Cores/Paper segment includes the following products: high-performance paper and composite paperboard tubes and cores; fiber-based construction tubes and forms; and recycled paperboard, linerboard, corrugating medium, recovered paper and other recycled materials.
The Packaging Services segment provides the following products and services: designing, manufacturing, assembling, packing and distributing temporary, semipermanent and permanent point-of-purchase displays; and supply chain management services, including contract packing, fulfillment and scalable service centers.
All Other Sonoco represents the Company’s businesses that do not meet the aggregation criteria for inclusion as a separate reportable segment under U.S. GAAP. All Other Sonoco includes the following products: wooden, metal and composite wire and cable reels; molded and extruded plastics; custom-designed protective packaging; and paper amenities such as coasters and glass covers.
The following table sets forth net sales, intersegment sales and operating profit for the Company’s three reportable segments and All Other Sonoco. Operating profit at the segment level is defined as “Income before interest and income taxes” on the Company’s Condensed Consolidated Statements of Income, adjusted for restructuring/asset impairment charges and certain other costs which are not allocated to the reporting segments.
FINANCIAL SEGMENT INFORMATION
                                 
    Three Months Ended     Six Months Ended  
    July 3,     June 27,     July 3,     June 27,  
    2011     2010     2011     2010  
Net sales:
                               
Consumer Packaging
  $ 450,797     $ 392,484     $ 910,206     $ 774,117  
Tubes and Cores/Paper
    455,818       415,640       899,885       785,514  
Packaging Services
    123,789       113,759       244,965       225,672  
All Other Sonoco
    97,461       88,233       190,132       159,946  
 
                       
Consolidated
  $ 1,127,865     $ 1,010,116     $ 2,245,188     $ 1,945,249  
 
                       
 
                               
Intersegment sales:
                               
Consumer Packaging
  $ 711     $ 596     $ 1,363     $ 1,127  
Tubes and Cores/Paper
    21,970       24,562       47,133       44,817  
Packaging Services
    300       290       603       516  
All Other Sonoco
    9,943       11,418       20,485       21,179  
 
                       
Consolidated
  $ 32,924     $ 36,866     $ 69,584     $ 67,639  
 
                       
 
                               
Income before interest and income taxes:
                               
Operating Profit
                               
Consumer Packaging
  $ 34,990     $ 42,136     $ 80,934     $ 87,792  
Tubes and Cores/Paper
    37,250       36,920       65,863       58,423  
Packaging Services
    8,247       3,568       14,342       8,647  
All Other Sonoco
    12,321       10,261       22,840       17,645  
Restructuring/Asset impairment charges
    (9,578 )     (2,511 )     (11,895 )     (6,458 )
Other, net
    (991 )     —       (251 )     —  
 
                       
Consolidated
  $ 82,239     $ 90,374     $ 171,833     $ 166,049