| Schedule of Activity in Rationalization Plan Reserves |
Rationalization charges by segment were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | Sept. 30, 2026 | | Sept. 30, 2025 | | Sept. 30, 2026 | | Sept. 30, 2025 | | | | | | | | | | (Dollars in thousands) | | Dispensing and Specialty Closures | $ | 9,089 | | | $ | 3,418 | | | $ | 17,649 | | | $ | 11,064 | | | Metal Containers | 6,484 | | | 2,507 | | | 23,661 | | | 12,579 | | | Custom Containers | 1,497 | | | 1,264 | | | 2,966 | | | 4,369 | | | $ | 17,070 | | | $ | 7,189 | | | $ | 44,276 | | | $ | 28,012 | |
Activity in reserves for our rationalization plans were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Employee
Severance
and Benefits | | Plant
Exit
Costs | | Non-Cash
Asset
Write-Downs | | Total | | (Dollars in thousands) | Balance at December 31, 2025 | $ | 44,962 | | | $ | 192 | | | $ | — | | | $ | 45,154 | | | Charged to expense | 25,391 | | | 10,907 | | | 7,978 | | | 44,276 | | | Utilized and currency translation | (32,592) | | | (11,099) | | | (7,978) | | | (51,669) | | Balance at September 30, 2026 | $ | 37,761 | | | $ | — | | | $ | — | | | $ | 37,761 | |
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