Segment Reporting

12 Months Ended

Dec. 31, 2013

Text Block [Abstract]

Segment Reporting

Segment reporting

The Company reports its financial results in four reportable segments – Consumer Packaging, Display and Packaging, Paper and Industrial Converted Products, and Protective Solutions.

The Consumer Packaging segment includes the following products and services: round and shaped rigid containers and trays (both composite and thermoformed plastic); blow-molded plastic bottles and jars; extruded and injection-molded plastic products; printed flexible packaging; metal and peelable membrane ends and closures; and global brand artwork management.

The Display and Packaging segment includes the following products and services: designing, manufacturing, assembling, packing and distributing temporary, semipermanent and permanent point-of-purchase displays; supply chain management services, including contract packing, fulfillment and scalable service centers; and paper amenities, such as coasters and glass covers.

The Paper and Industrial Converted Products segment includes the following products: high-performance paper and composite paperboard tubes and cores; fiber-based construction tubes and forms; wooden, metal and composite wire and cable reels and spools; and recycled paperboard, linerboard, corrugating medium, recovered paper and other recycled materials.

The Protective Solutions segment includes the following products: custom-engineered paperboard-based and expanded foam protective packaging; temperature-assurance packaging; and retail security packaging.

Restructuring charges, asset impairment charges, insurance settlement gains, acquisition-related costs, interest expense and interest income are included in income before income taxes under “Corporate.”

The following table sets forth financial information about each of the Company's business segments:

	Years ended December 31
	Consumer Packaging		Display and Packaging		Paper and Industrial Converted Products		Protective Solutions		Corporate			Consolidated
Total Revenue
2013	$	1,898,690	$	525,494	$	1,958,762	$	574,982	$	—		$	4,957,928
2012	1,920,114		479,885		1,937,523		557,176		—			4,894,698
2011	1,982,989		472,935		1,996,221		158,936		—			4,611,081
Intersegment Sales1
2013	$	5,157	$	1,962	$	99,882	$	2,835	$	—		$	109,836
2012	7,493		2,253		96,696		2,127		—			108,569
2011	5,691		1,491		104,000		967		—			112,149
Sales to Unaffiliated Customers
2013	$	1,893,533	$	523,532	$	1,858,880	$	572,147	$	—		$	4,848,092
2012	1,912,621		477,632		1,840,827		555,049		—			4,786,129
2011	1,977,298		471,445		1,892,220		157,969		—			4,498,932
Income Before Income Taxes2
2013	$	187,130	$	23,617	$	138,094	$	37,273	$	(81,545	)	$	304,569
2012	176,768		18,512		141,351		38,797		(88,354		)	287,074
2011	191,475		21,733		138,207		15,228		(82,237		)	284,406
Identifiable Assets3
2013	$	1,282,726	$	380,229	$	1,290,353	$	690,867	$	335,116		$	3,979,291
2012	1,298,381		358,225		1,316,606		711,555		491,298			4,176,065
2011	1,357,691		327,927		1,294,712		721,793		290,676			3,992,799
Depreciation, Depletion and Amortization4
2013	$	74,127	$	7,937	$	82,392	$	33,215	$	—		$	197,671
2012	75,556		7,692		83,329		33,826		—			200,403
2011	80,257		7,434		86,559		5,621		—			179,871
Capital Expenditures
2013	$	48,770	$	3,007	$	88,556	$	20,323	$	11,786		$	172,442
2012	58,284		3,302		112,298		14,757		26,221			214,862
2011	60,795		4,578		86,821		3,884		17,294			173,372

1	Intersegment sales are recorded at a market-related transfer price.
2	Included in Corporate are restructuring, asset impairment charges, acquisition-related charges and insurance settlement gains associated with the following segments:

	Consumer Packaging		Display and Packaging		Paper and Industrial Converted Products		Protective Solutions		Corporate		Total
2013	$	14,003	$	1,275	$	6,785	$	2,596	$	159	$	24,818
2012	9,638		1,692		12,787		3,732		519		28,368
2011	19,790		4,575		6,163		4,901		8,734		44,163

	The remaining amounts reported as Corporate consist of interest expense and interest income.
3	Identifiable assets are those assets used by each segment in its operations. Corporate assets consist primarily of cash and cash equivalents, investments in affiliates, headquarters facilities, deferred income taxes and prepaid expenses.
4	Depreciation, depletion and amortization incurred at Corporate are allocated to the reportable segments.

Geographic regions

Sales to unaffiliated customers and long-lived assets by geographic region are as follows:

	2013		2012		2011
Sales to Unaffiliated Customers
United States	$	3,231,135	$	3,165,772	$	2,821,043
Europe	751,806		768,667		777,200
Canada	299,243		338,657		385,805
All other	565,908		513,033		514,884
Total	$	4,848,092	$	4,786,129	$	4,498,932
Long-lived Assets
United States	$	1,878,728	$	1,910,824	$	1,884,897
Europe	288,407		275,884		279,969
Canada	205,095		229,129		253,057
All other	109,010		117,071		113,777
Total	$	2,481,240	$	2,532,908	$	2,531,700

Sales are attributed to countries/regions based upon the plant location from which products are shipped. Long-lived assets are comprised of property, plant and equipment, goodwill, intangible assets and investment in affiliates (see Notes 6 and 7).