10-K Filing

PACKAGING CORP OF AMERICA CIK: 75677 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0001564590-20-006774`
Period End Date	20191231
Filing Date	20200226
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	pkg-10k_20191231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 118 Cash Flow Statement 91 Stockholders Equity 23 Comprehensive Income 9

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts and customer deductions	`AllowanceForDoubtfulAccountsReceivableAndReserveForCustomerDeductionsCurrent`	$13.60M	USD	Point-in-time
Allowance for doubtful accounts and customer deductions	`AllowanceForDoubtfulAccountsReceivableAndReserveForCustomerDeductionsCurrent`	$12.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$361.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$679.50M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	94.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	94.70M	shares	Point-in-time
Short-term marketable debt securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$87.90M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts and customer deductions of $12.6 million and $13.6 million as of December 31, 2019 and 2018, respectively	`AccountsReceivableNetCurrent`	$901.90M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts and customer deductions of $12.6 million and $13.6 million as of December 31, 2019 and 2018, respectively	`AccountsReceivableNetCurrent`	$845.60M	USD	Point-in-time
Inventories	`InventoryNet`	$794.10M	USD	Point-in-time
Inventories	`InventoryNet`	$795.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$44.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$39.40M	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$16.70M	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$26.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.48B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.12B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$3.15B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$3.11B	USD	Point-in-time
Goodwill	`Goodwill`	$918.70M	USD	Point-in-time
Goodwill	`Goodwill`	$883.20M	USD	Point-in-time
Goodwill	`Goodwill`	$917.30M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$378.20M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$338.80M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$234.30M	USD	Point-in-time
Long-term marketable debt securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$58.10M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$50.50M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$55.80M	USD	Point-in-time
Total assets	`Assets`	$6.57B	USD	Point-in-time
Total assets	`Assets`	$7.24B	USD	Point-in-time
Total assets	`Assets`	$6.20B	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityCurrent`	$62.60M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityCurrent`	$1.50M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityCurrent`	$1.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$382.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$351.90M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$76.60M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$76.10M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$222.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$217.50M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$11.50M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$13.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$693.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$723.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.48B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.48B	USD	Point-in-time
Operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$177.60M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityNoncurrent`	$16.00M	USD	Point-in-time
Finance lease obligations	`FinanceLeaseLiabilityNoncurrent`	$17.60M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$340.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$285.20M	USD	Point-in-time
Compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$357.50M	USD	Point-in-time
Compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$375.50M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$55.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$59.70M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.20B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$3.44B	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, 94.7 million and 94.5 million shares issued as of December 31, 2019 and 2018, respectively	`CommonStockValue`	$900.00K	USD	Point-in-time
Common stock, par value $0.01 per share, 300.0 million shares authorized, 94.7 million and 94.5 million shares issued as of December 31, 2019 and 2018, respectively	`CommonStockValue`	$900.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$524.80M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$494.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.32B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.70B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-159.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-138.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$3.07B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.67B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.57B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$7.24B	USD	Point-in-time

Income Statement 118 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.76B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.72B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.01B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.69B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.75B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.75B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.73B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.81B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.96B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.44B	USD	Annual
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.77B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.97B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$5.32B	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$5.37B	USD	Annual
Gross profit	`GrossProfit`	$420.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$411.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.47B	USD	Annual
Gross profit	`GrossProfit`	$383.30M	USD	1 Quarter
Gross profit	`GrossProfit`	$443.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$425.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.64B	USD	Annual
Gross profit	`GrossProfit`	$421.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$427.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$356.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.65B	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$557.60M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$519.90M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$536.40M	USD	Annual
Other expense, net	`OperatingCostsAndExpenses`	$41.20M	USD	Annual
Other expense, net	`OperatingCostsAndExpenses`	$32.70M	USD	Annual
Other expense, net	`OperatingCostsAndExpenses`	$18.40M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$286.70M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$212.90M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.07B	USD	Annual
Income from operations	`OperatingIncomeLoss`	$262.80M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$235.10M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$298.50M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$269.60M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$280.40M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$275.40M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.05B	USD	Annual
Income from operations	`OperatingIncomeLoss`	$932.50M	USD	Annual
Non-operating pension expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$1.30M	USD	Annual
Non-operating pension expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$2.10M	USD	Annual
Non-operating pension expense	`NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent`	$7.90M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-102.60M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-95.10M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-128.80M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$917.00M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$828.60M	USD	Annual
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$970.50M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$232.50M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$220.60M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$160.00M	USD	Annual
Net income	`NetIncomeLoss`	$136.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$668.60M	USD	Annual
Net income	`NetIncomeLoss`	$186.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$140.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$738.00M	USD	Annual
Net income	`NetIncomeLoss`	$206.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$696.40M	USD	Annual
Net income	`NetIncomeLoss`	$186.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$193.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$204.60M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$7.36	USD	Annual
Basic	`EarningsPerShareBasic`	$1.98	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.98	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.44	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$7.82	USD	Annual
Basic	`EarningsPerShareBasic`	$2.17	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.48	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.19	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.05	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.90	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$7.09	USD	Annual
Diluted	`EarningsPerShareDiluted`	$7.80	USD	Annual
Diluted	`EarningsPerShareDiluted`	$2.18	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.97	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.89	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.48	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.97	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.43	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.16	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$7.34	USD	Annual
Diluted	`EarningsPerShareDiluted`	$7.07	USD	Annual
Diluted	`EarningsPerShareDiluted`	$2.04	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$3.00	USD	Annual
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$3.16	USD	Annual
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.52	USD	Annual
Net income	`NetIncomeLoss`	$136.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$668.60M	USD	Annual
Net income	`NetIncomeLoss`	$186.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$140.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$738.00M	USD	Annual
Net income	`NetIncomeLoss`	$206.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$696.40M	USD	Annual
Net income	`NetIncomeLoss`	$186.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$179.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$193.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$204.60M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-200.00K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-100.00K	USD	Annual
Reclassification adjustments to cash flow hedges included in net income, net of tax of $7.9 million, $1.3 million, and $2.2 million for 2019, 2018, and 2017, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-10.20M	USD	Annual
Reclassification adjustments to cash flow hedges included in net income, net of tax of $7.9 million, $1.3 million, and $2.2 million for 2019, 2018, and 2017, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-3.50M	USD	Annual
Reclassification adjustments to cash flow hedges included in net income, net of tax of $7.9 million, $1.3 million, and $2.2 million for 2019, 2018, and 2017, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-4.00M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $3.2 million, $4.0 million, and $4.9 million for 2019, 2018, and 2017, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$9.60M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $3.2 million, $4.0 million, and $4.9 million for 2019, 2018, and 2017, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$11.80M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, net of tax of $3.2 million, $4.0 million, and $4.9 million for 2019, 2018, and 2017, respectively	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$8.20M	USD	Annual
Changes in unfunded employee benefit obligations, net of tax of $13.6 million, ($0.8) million, and $18.0 million for 2019, 2018, and 2017, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodNetOfTax`	$2.40M	USD	Annual
Changes in unfunded employee benefit obligations, net of tax of $13.6 million, ($0.8) million, and $18.0 million for 2019, 2018, and 2017, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodNetOfTax`	$-40.50M	USD	Annual
Changes in unfunded employee benefit obligations, net of tax of $13.6 million, ($0.8) million, and $18.0 million for 2019, 2018, and 2017, respectively	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodNetOfTax`	$-28.80M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-17.30M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-20.70M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$18.10M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$756.10M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$651.30M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$675.70M	USD	Annual

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$696.40M	USD	Annual
Net income	`ProfitLoss`	$668.60M	USD	Annual
Net income	`ProfitLoss`	$738.00M	USD	Annual
Depreciation, depletion, and amortization of intangibles	`DepreciationDepletionAmortizationAndOtherCashFlowImpact`	$410.90M	USD	Annual
Depreciation, depletion, and amortization of intangibles	`DepreciationDepletionAmortizationAndOtherCashFlowImpact`	$387.50M	USD	Annual
Depreciation, depletion, and amortization of intangibles	`DepreciationDepletionAmortizationAndOtherCashFlowImpact`	$391.40M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$8.60M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$10.00M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$23.40M	USD	Annual
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-22.20M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$20.60M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$23.50M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$30.40M	USD	Annual
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-84.50M	USD	Annual
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$38.70M	USD	Annual
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$60.30M	USD	Annual
Net loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-3.10M	USD	Annual
Net loss on impairment of assets	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-13.50M	USD	Annual
Pension and post-retirement benefits expense, net of contributions	`PensionAndPostretirementBenefitsContributionsExpenseNet`	$20.40M	USD	Annual
Pension and post-retirement benefits expense, net of contributions	`PensionAndPostretirementBenefitsContributionsExpenseNet`	$-3.10M	USD	Annual
Pension and post-retirement benefits expense, net of contributions	`PensionAndPostretirementBenefitsContributionsExpenseNet`	$26.90M	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$4.80M	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$7.10M	USD	Annual
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$3.00M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$56.10M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$115.10M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-56.40M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-1.40M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$21.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$35.60M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.20M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.90M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.10M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-17.60M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$41.00M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-32.40M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-100.00K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.50M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$8.40M	USD	Annual
Federal and state income tax payable / receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-53.00M	USD	Annual
Federal and state income tax payable / receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$54.20M	USD	Annual
Federal and state income tax payable / receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$9.10M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$856.10M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.21B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.18B	USD	Annual
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$551.40M	USD	Annual
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$399.50M	USD	Annual
Additions to property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$343.00M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$56.30M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$273.80M	USD	Annual
Additions to other long term assets	`PaymentsToAcquireOtherProductiveAssets`	$7.80M	USD	Annual
Additions to other long term assets	`PaymentsToAcquireOtherProductiveAssets`	$4.50M	USD	Annual
Additions to other long term assets	`PaymentsToAcquireOtherProductiveAssets`	$3.80M	USD	Annual
Proceeds from asset disposals	`ProceedsFromSaleOfProductiveAssets`	$1.50M	USD	Annual
Proceeds from asset disposals	`ProceedsFromSaleOfProductiveAssets`	$16.60M	USD	Annual
Proceeds from asset disposals	`ProceedsFromSaleOfProductiveAssets`	$4.10M	USD	Annual
Purchases of marketable debt securities, net of redemptions	`PaymentsToAcquireMarketableSecurities`	$146.10M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.10M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.30M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.50M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-546.60M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-608.20M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-609.10M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$997.80M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$895.80M	USD	Annual
Repayments of debt and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$1.01B	USD	Annual
Repayments of debt and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$923.40M	USD	Annual
Repayments of debt and capital lease obligations	`RepaymentsOfDebtAndCapitalLeaseObligations`	$151.30M	USD	Annual
Financing costs paid	`PaymentsOfFinancingCosts`	$8.30M	USD	Annual
Financing costs paid	`PaymentsOfFinancingCosts`	$6.80M	USD	Annual
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$237.60M	USD	Annual
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$268.10M	USD	Annual
Common stock dividends paid	`PaymentsOfDividendsCommonStock`	$298.70M	USD	Annual
Shares withheld to cover employee restricted stock taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.80M	USD	Annual
Shares withheld to cover employee restricted stock taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.90M	USD	Annual
Shares withheld to cover employee restricted stock taxes	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.20M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-100.00K	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-427.30M	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-342.80M	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-269.40M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$144.60M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$318.00M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.40M	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$239.30M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$361.50M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$216.90M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$679.50M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$239.30M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$361.50M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$216.90M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$679.50M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.67B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.07B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.18B	USD	Point-in-time
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$10.80M	USD	Annual
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$8.20M	USD	Annual
Common stock withheld and retired to cover taxes on vested stock awards	`CommonStockWithheldToCoverTaxesOnVestedAndRetiredStockAwardsValue`	$7.90M	USD	Annual
Common stock dividends declared	`DividendsCommonStockCash`	$284.00M	USD	Annual
Common stock dividends declared	`DividendsCommonStockCash`	$299.70M	USD	Annual
Common stock dividends declared	`DividendsCommonStockCash`	$238.20M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.60M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$31.00M	USD	Annual
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.50M	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-200.00K	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$500.00K	USD	Annual
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$-100.00K	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$756.10M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$651.30M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$675.70M	USD	Annual
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.67B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.07B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.76B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.18B	USD	Point-in-time

Comprehensive Income 9 line items

Line Item	Tag	Value	Unit	Period
Reclassification adjustments to cash flow hedges included in net income, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-2.20M	USD	Annual
Reclassification adjustments to cash flow hedges included in net income, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-7.90M	USD	Annual
Reclassification adjustments to cash flow hedges included in net income, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-1.30M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$4.90M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$3.20M	USD	Annual
Amortization of pension and postretirement plans actuarial loss and prior service cost, tax	`OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetLossRecognizedInNetPeriodicPensionCostTax`	$4.00M	USD	Annual
Changes in unfunded employee benefit obligations, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodTax`	$13.60M	USD	Annual
Changes in unfunded employee benefit obligations, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodTax`	$18.00M	USD	Annual
Changes in unfunded employee benefit obligations, tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossAndNetPriorServiceCostsArisingDuringPeriodTax`	$-800.00K	USD	Annual

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