10-K Filing

PACKAGING CORP OF AMERICA CIK: 75677 FY 2016

Filing Information

Form Type	10-K
Accession Number	`0000075677-17-000004`
Period End Date	20161231
Filing Date	20170228
Fiscal Year	2016
Fiscal Period	FY
XBRL Instance	pkg-20161231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 117 Cash Flow Statement 112 Stockholders Equity 29 Comprehensive Income 9

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts and customer deductions	`AllowanceForDoubtfulAccountsReceivableAndReserveForCustomerDeductionsCurrent`	$10.30M	USD	Point-in-time
Allowance for doubtful accounts and customer deductions	`AllowanceForDoubtfulAccountsReceivableAndReserveForCustomerDeductionsCurrent`	$10.20M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$191.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$184.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$239.30M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$124.90M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts and customer deductions of $10.1 million and $10.3 million as of December 31, 2016 and 2015, respectively	`AccountsReceivableNetCurrent`	$689.20M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	96.10M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	94.20M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts and customer deductions of $10.1 million and $10.3 million as of December 31, 2016 and 2015, respectively	`AccountsReceivableNetCurrent`	$636.50M	USD	Point-in-time
Inventories	`InventoryNet`	$676.80M	USD	Point-in-time
Inventories	`InventoryNet`	$723.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$28.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$30.30M	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$13.90M	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$28.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.70B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.55B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$2.83B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$2.90B	USD	Point-in-time
Goodwill	`Goodwill`	$737.90M	USD	Point-in-time
Goodwill	`Goodwill`	$544.00M	USD	Point-in-time
Goodwill	`Goodwill`	$546.80M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$270.80M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$367.10M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$70.90M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$80.00M	USD	Point-in-time
Total assets	`Assets`	$5.26B	USD	Point-in-time
Total assets	`Assets`	$5.27B	USD	Point-in-time
Total assets	`Assets`	$5.78B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$6.50M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$25.80M	USD	Point-in-time
Capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.30M	USD	Point-in-time
Capital lease obligations	`CapitalLeaseObligationsCurrent`	$1.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$294.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$323.80M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$53.40M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$59.90M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$193.50M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$201.20M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$13.10M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$13.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$625.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$561.90M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.29B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.62B	USD	Point-in-time
Capital lease obligations	`CapitalLeaseObligationsNoncurrent`	$20.30M	USD	Point-in-time
Capital lease obligations	`CapitalLeaseObligationsNoncurrent`	$21.60M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$334.70M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$347.00M	USD	Point-in-time
Compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$358.60M	USD	Point-in-time
Compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$357.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.60M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.39B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.08B	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01 per share, 300.0 million shares authorized, 94.2 million and 96.1 million shares issued as of December 31, 2016 and 2015, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, par value $0.01 per share, 300.0 million shares authorized, 94.2 million and 96.1 million shares issued as of December 31, 2016 and 2015, respectively	`CommonStockValue`	$900.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$439.90M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$451.40M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.32B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.45B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-124.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-139.60M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.76B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.78B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$5.27B	USD	Point-in-time

Income Statement 117 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$1.42B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.40B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$5.85B	USD	Annual
Net sales	`SalesRevenueNet`	$1.48B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.45B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$5.78B	USD	Annual
Net sales	`SalesRevenueNet`	$1.48B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$5.74B	USD	Annual
Net sales	`SalesRevenueNet`	$1.39B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.47B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.43B	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$4.62B	USD	Annual
Cost of sales	`CostOfGoodsSold`	$4.50B	USD	Annual
Cost of sales	`CostOfGoodsSold`	$4.53B	USD	Annual
Gross profit	`GrossProfit`	$317.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.28B	USD	Annual
Gross profit	`GrossProfit`	$327.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$299.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$277.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$328.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$320.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.21B	USD	Annual
Gross profit	`GrossProfit`	$329.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.23B	USD	Annual
Gross profit	`GrossProfit`	$285.00M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$469.50M	USD	Annual
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$471.10M	USD	Annual
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$451.30M	USD	Annual
Other expense, net	`OtherOperatingIncomeExpenseNet`	$-6.70M	USD	Annual
Other expense, net	`OtherOperatingIncomeExpenseNet`	$-24.30M	USD	Annual
Other expense, net	`OtherOperatingIncomeExpenseNet`	$-57.30M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$157.10M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$180.80M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$219.40M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$197.60M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$702.70M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$206.40M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$750.00M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$192.90M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$200.20M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$780.30M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$175.90M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-85.50M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-91.80M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-88.40M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$688.50M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$614.30M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$664.50M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$221.70M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$227.70M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$238.90M	USD	Annual
Net income	`NetIncomeLoss`	$103.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$119.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$436.80M	USD	Annual
Net income	`NetIncomeLoss`	$449.60M	USD	Annual
Net income	`NetIncomeLoss`	$114.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$127.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$90.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$115.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$104.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$392.60M	USD	Annual
Net income	`NetIncomeLoss`	$110.60M	USD	1 Quarter
Basic (US$ per share)	`EarningsPerShareBasic`	$1.16	USD	1 Quarter
Basic (US$ per share)	`EarningsPerShareBasic`	$1.09	USD	1 Quarter
Basic (US$ per share)	`EarningsPerShareBasic`	$1.17	USD	1 Quarter
Basic (US$ per share)	`EarningsPerShareBasic`	$1.07	USD	1 Quarter
Basic (US$ per share)	`EarningsPerShareBasic`	$1.23	USD	1 Quarter
Basic (US$ per share)	`EarningsPerShareBasic`	$1.31	USD	1 Quarter
Basic (US$ per share)	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Basic (US$ per share)	`EarningsPerShareBasic`	$3.99	USD	Annual
Basic (US$ per share)	`EarningsPerShareBasic`	$1.27	USD	1 Quarter
Basic (US$ per share)	`EarningsPerShareBasic`	$4.47	USD	Annual
Basic (US$ per share)	`EarningsPerShareBasic`	$4.76	USD	Annual
Diluted (US$ per share)	`EarningsPerShareDiluted`	$1.16	USD	1 Quarter
Diluted (US$ per share)	`EarningsPerShareDiluted`	$3.99	USD	Annual
Diluted (US$ per share)	`EarningsPerShareDiluted`	$1.09	USD	1 Quarter
Diluted (US$ per share)	`EarningsPerShareDiluted`	$0.92	USD	1 Quarter
Diluted (US$ per share)	`EarningsPerShareDiluted`	$4.75	USD	Annual
Diluted (US$ per share)	`EarningsPerShareDiluted`	$1.23	USD	1 Quarter
Diluted (US$ per share)	`EarningsPerShareDiluted`	$1.07	USD	1 Quarter
Diluted (US$ per share)	`EarningsPerShareDiluted`	$1.31	USD	1 Quarter
Diluted (US$ per share)	`EarningsPerShareDiluted`	$4.47	USD	Annual
Diluted (US$ per share)	`EarningsPerShareDiluted`	$1.17	USD	1 Quarter
Diluted (US$ per share)	`EarningsPerShareDiluted`	$1.26	USD	1 Quarter
Dividends declared per common share (US$ per share)	`CommonStockDividendsPerShareDeclared`	$2.36	USD	Annual
Dividends declared per common share (US$ per share)	`CommonStockDividendsPerShareDeclared`	$0.63	USD	Point-in-time
Dividends declared per common share (US$ per share)	`CommonStockDividendsPerShareDeclared`	$1.60	USD	Annual
Dividends declared per common share (US$ per share)	`CommonStockDividendsPerShareDeclared`	$2.20	USD	Annual
Net income	`NetIncomeLoss`	$103.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$119.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$436.80M	USD	Annual
Net income	`NetIncomeLoss`	$449.60M	USD	Annual
Net income	`NetIncomeLoss`	$114.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$127.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$90.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$115.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$104.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$392.60M	USD	Annual
Net income	`NetIncomeLoss`	$110.60M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.60M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.70M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	Annual
Reclassification adjustments to cash flow hedges included in net income, net of tax of $2.2 million, $2.2 million, and $2.2 million for 2016, 2015, and 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-3.50M	USD	Annual
Reclassification adjustments to cash flow hedges included in net income, net of tax of $2.2 million, $2.2 million, and $2.2 million for 2016, 2015, and 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-3.50M	USD	Annual
Reclassification adjustments to cash flow hedges included in net income, net of tax of $2.2 million, $2.2 million, and $2.2 million for 2016, 2015, and 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-3.50M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $4.2 million, $5.6 million, and $2.8 million for 2016, 2015, and 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$4.20M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $4.2 million, $5.6 million, and $2.8 million for 2016, 2015, and 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$6.70M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $4.2 million, $5.6 million, and $2.8 million for 2016, 2015, and 2014, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$8.80M	USD	Annual
Changes in unfunded employee benefit obligations, net of tax of $15.7 million, ($8.9) million, and $59.2 million for 2016, 2015, and 2014, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodNetOfTax`	$-94.00M	USD	Annual
Changes in unfunded employee benefit obligations, net of tax of $15.7 million, ($8.9) million, and $59.2 million for 2016, 2015, and 2014, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodNetOfTax`	$-24.90M	USD	Annual
Changes in unfunded employee benefit obligations, net of tax of $15.7 million, ($8.9) million, and $59.2 million for 2016, 2015, and 2014, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodNetOfTax`	$14.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$29.00M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-88.90M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-14.70M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$434.90M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$465.80M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$303.70M	USD	Annual

Cash Flow Statement 112 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$103.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$119.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$436.80M	USD	Annual
Net income	`NetIncomeLoss`	$449.60M	USD	Annual
Net income	`NetIncomeLoss`	$114.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$127.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$90.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$115.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$104.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$392.60M	USD	Annual
Net income	`NetIncomeLoss`	$110.60M	USD	1 Quarter
Depreciation, depletion, and amortization of intangibles	`DepreciationDepletionAmortizationAndOtherCashFlowImpact`	$381.60M	USD	Annual
Depreciation, depletion, and amortization of intangibles	`DepreciationDepletionAmortizationAndOtherCashFlowImpact`	$356.50M	USD	Annual
Depreciation, depletion, and amortization of intangibles	`DepreciationDepletionAmortizationAndOtherCashFlowImpact`	$358.00M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$7.80M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$9.20M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$7.80M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$19.70M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$18.20M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$15.60M	USD	Annual
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$2.60M	USD	Annual
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$1.70M	USD	Annual
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-4.00M	USD	Annual
Loss on disposals of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-500.00K	USD	Annual
Loss on disposals of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-7.30M	USD	Annual
Loss on disposals of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-7.00M	USD	Annual
Pension and post retirement benefits expense, net of contributions	`PensionAndPostretirementBenefitsContributionsExpenseNet`	$-25.40M	USD	Annual
Pension and post retirement benefits expense, net of contributions	`PensionAndPostretirementBenefitsContributionsExpenseNet`	$30.50M	USD	Annual
Pension and post retirement benefits expense, net of contributions	`PensionAndPostretirementBenefitsContributionsExpenseNet`	$-31.20M	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-900.00K	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-20.30M	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$-5.90M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.60M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.50M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$8.50M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$72.40M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$11.90M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$25.70M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.10M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.10M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-37.30M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-36.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.60M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-15.50M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.20M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$7.00M	USD	Annual
Federal and state income tax payable/receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$18.70M	USD	Annual
Federal and state income tax payable/receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-15.10M	USD	Annual
Federal and state income tax payable/receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-18.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$801.20M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$762.60M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$736.10M	USD	Annual
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$420.20M	USD	Annual
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$314.50M	USD	Annual
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$274.30M	USD	Annual
Proceeds from sale of a business	`ProceedsFromDivestitureOfBusinesses`	$23.00M	USD	Annual
Proceeds from sale of a business	`ProceedsFromDivestitureOfBusinesses`	-	USD	Annual
Proceeds from sale of a business	`ProceedsFromDivestitureOfBusinesses`	-	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$485.40M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$20.50M	USD	Annual
Additions to other long-term assets	`PaymentsToAcquireOtherProductiveAssets`	$12.30M	USD	Annual
Additions to other long-term assets	`PaymentsToAcquireOtherProductiveAssets`	$10.40M	USD	Annual
Additions to other long-term assets	`PaymentsToAcquireOtherProductiveAssets`	$12.50M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.10M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-500.00K	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.70M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-451.10M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-769.60M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-298.10M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$385.00M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$398.90M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$592.50M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$47.60M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$37.50M	USD	Annual
Financing costs paid	`PaymentsOfFinancingCosts`	-	USD	Annual
Financing costs paid	`PaymentsOfFinancingCosts`	$3.40M	USD	Annual
Financing costs paid	`PaymentsOfFinancingCosts`	$2.00M	USD	Annual
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$200.80M	USD	Annual
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$216.10M	USD	Annual
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$157.40M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$154.70M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$100.30M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$3.70M	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Excess tax benefits from stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.70M	USD	Annual
Excess tax benefits from stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$12.20M	USD	Annual
Excess tax benefits from stock-based awards	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.00M	USD	Annual
Shares withheld to cover employee restricted stock taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.20M	USD	Annual
Shares withheld to cover employee restricted stock taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.20M	USD	Annual
Shares withheld to cover employee restricted stock taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.70M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$600.00K	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$600.00K	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-100.00K	USD	Annual
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.50M	USD	Annual
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-405.20M	USD	Annual
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-351.10M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$55.10M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-66.10M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$59.30M	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$191.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$184.20M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$239.30M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$124.90M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$191.00M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$184.20M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$239.30M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$124.90M	USD	Point-in-time

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Common stock repurchases and retirements (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	2.33M	shares	Annual
Common stock repurchases and retirements (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	1.99M	shares	Annual
Common stock repurchases and retirements	`StockRepurchasedAndRetiredDuringPeriodValue`	$100.30M	USD	Annual
Common stock repurchases and retirements	`StockRepurchasedAndRetiredDuringPeriodValue`	$154.70M	USD	Annual
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldtoCoverTaxesonVestedandRetiredStockAwardsValue`	$8.70M	USD	Annual
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldtoCoverTaxesonVestedandRetiredStockAwardsValue`	$13.20M	USD	Annual
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldtoCoverTaxesonVestedandRetiredStockAwardsValue`	$11.20M	USD	Annual
Common stock dividends declared	`DividendsCommonStockCash`	$214.70M	USD	Annual
Common stock dividends declared	`DividendsCommonStockCash`	$222.60M	USD	Annual
Common stock dividends declared	`DividendsCommonStockCash`	$157.50M	USD	Annual
Restricted stock/performance unit grants and cancellations	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$5.70M	USD	Annual
Restricted stock/performance unit grants and cancellations	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$9.70M	USD	Annual
Restricted stock/performance unit grants and cancellations	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$6.00M	USD	Annual
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$6.30M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.60M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.20M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.70M	USD	Annual
Other	`StockholdersEquityOther`	$300.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$434.90M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$465.80M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$303.70M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.52B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time

Comprehensive Income 9 line items

Line Item	Tag	Value	Unit	Period
Reclassification adjustment for cash flow hedges included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-2.20M	USD	Annual
Reclassification adjustment for cash flow hedges included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-2.20M	USD	Annual
Reclassification adjustment for cash flow hedges included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-2.20M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$-2.80M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$-5.60M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$-4.20M	USD	Annual
Changes in unfunded employee benefit obligations, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodTax`	$-8.90M	USD	Annual
Changes in unfunded employee benefit obligations, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodTax`	$59.20M	USD	Annual
Changes in unfunded employee benefit obligations, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodTax`	$15.70M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.