Segments - Gross Profit and a Reconciliation to Earnings Before Income Tax Provision and Discontinued Operations (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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| Segment Reporting Information [Line Items] | ||||
| Net sales | $ 1,335.0 | $ 1,345.1 | $ 2,607.5 | $ 2,674.7 |
| Cost of sales | 927.1 | 929.0 | 1,807.4 | 1,857.8 |
| Segment Gross profit | 407.9 | 416.1 | 800.1 | 816.9 |
| Other unallocated cost of sales | 1.7 | 0.1 | 2.2 | 0.1 |
| Selling, general and administrative expenses | 184.2 | 190.3 | 370.8 | 376.7 |
| Loss on disposal of long-lived assets, net | (6.0) | (1.3) | (9.9) | (0.4) |
| Amortization expense of intangible assets | 14.9 | 16.3 | 30.1 | 31.1 |
| Restructuring charges | 2.8 | 2.5 | 5.4 | 18.0 |
| Operating profit | 198.3 | 205.6 | 381.7 | 390.6 |
| Interest expense, net | (55.7) | (63.3) | (112.5) | (128.4) |
| Other income (expense) | (11.3) | (6.8) | (10.8) | (7.6) |
| Earnings before income tax provision | 131.3 | 135.5 | 258.4 | 254.6 |
| Food | ||||
| Segment Reporting Information [Line Items] | ||||
| Net sales | 896.1 | 893.8 | 1,748.2 | 1,762.2 |
| Cost of sales | 616.4 | 615.2 | 1,200.4 | 1,224.1 |
| Segment Gross profit | 279.7 | 278.6 | 547.8 | 538.1 |
| Protective | ||||
| Segment Reporting Information [Line Items] | ||||
| Net sales | 438.9 | 451.3 | 859.3 | 912.5 |
| Cost of sales | 310.7 | 313.8 | 607.0 | 633.7 |
| Segment Gross profit | $ 128.2 | $ 137.5 | $ 252.3 | $ 278.8 |
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- Definition Segment Gross Profit No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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