Fiscal period | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
Period End Date | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 |
Net Sales | 8,478.00 | 7,730.30 | 6,658.20 | 6,964.30 | 7,014.60 | 6,444.90 | 5,779.00 | 5,741.70 | 5,852.60 | 3,665.30 |
Total Revenues | 8,478.00 | 7,730.30 | 6,658.20 | 6,964.30 | 7,014.60 | 6,444.90 | 5,779.00 | 5,741.70 | 5,852.60 | 3,665.30 |
Cost of sales | 6,387.40 | 5,857.30 | 5,288.80 | 5,320.30 | 5,369.30 | 4,974.10 | 4,502.90 | 4,533.70 | 4,623.10 | 2,797.80 |
Gross Profit | 2,090.60 | 1,873.00 | 1,369.40 | 1,644.00 | 1,645.30 | 1,470.80 | 1,276.10 | 1,208.00 | 1,229.50 | 867.50 |
Goodwill impairment | -- | -- | 55.20 | -- | -- | -- | -- | -- | -- | -- |
Selling and administrative expenses | 608.60 | 576.80 | 539.60 | 557.60 | 536.40 | 519.90 | 468.50 | 451.30 | 469.50 | 326.60 |
Corporate overhead | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other expense, net | (61.30) | (54.80) | (50.70) | (32.70) | (41.20) | (18.40) | (24.30) | (6.70) | (57.30) | (59.00) |
Gain on Sale of Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Alternative fuel mixture tax credits | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Pactiv benefits settlement charge | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Joint venture dividends | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Operating Income (loss) | 1,420.70 | 1,241.40 | 723.90 | 1,053.70 | 1,067.70 | 932.50 | 783.30 | 750.00 | 702.70 | 481.90 |
Interest expense, net | 70.40 | 152.40 | 93.50 | 128.80 | 95.10 | 102.60 | 94.80 | 85.50 | 88.40 | 58.30 |
Non-operating pension expense | 14.50 | 19.70 | 2.30 | (7.90) | (2.10) | (1.30) | -- | -- | -- | -- |
Income (loss) before taxes | 1,364.80 | 1,108.70 | 632.70 | 917.00 | 970.50 | 828.60 | 688.50 | 664.50 | 614.30 | 423.60 |
Provision for income taxes | 335.00 | 267.60 | 171.70 | 220.60 | 232.50 | 160.00 | 238.90 | 227.70 | 221.70 | (17.70) |
Current-U.S | -- | -- | -- | -- | -- | 209.30 | 213.60 | 205.10 | 185.10 | 129.60 |
Current-State and local | -- | -- | -- | -- | -- | 34.90 | 29.10 | 20.50 | 33.10 | 12.70 |
Deferred-U.S | -- | -- | -- | -- | -- | (90.20) | (1.20) | (3.80) | (5.00) | (160.50) |
Deferred-State and local | -- | -- | -- | -- | -- | 5.70 | (3.00) | 5.60 | 7.60 | 0.30 |
Current income tax provision (benefit) - Foreign | -- | -- | -- | -- | -- | 0.30 | 0.20 | 0.40 | 0.90 | 0.30 |
Deferred provision for taxes- Foreign | -- | -- | -- | -- | -- | -- | 0.20 | (0.10) | -- | (0.10) |
Income (loss) before cumulative effect of accounting change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Extraordinary item, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effect of accounting change, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Consolidated Net Income (Loss) | 1,029.80 | 841.10 | 461.00 | 696.40 | 738.00 | 668.60 | 449.60 | 436.80 | 392.60 | 441.30 |
Preferred dividends and accretion of preferred stock issuance costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Less: Distributed and undistributed earnings allocated to participating securities | -- | 6.40 | 3.60 | 5.20 | 5.70 | 5.60 | 4.40 | 5.20 | 5.70 | -- |
Net income available to common shareholders | 1,029.80 | 834.70 | 457.40 | 691.20 | 732.30 | 663.00 | 445.20 | 431.60 | 386.90 | 441.30 |
Income before cumulative effect of accounting change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings Per Share (Basic) - Extras | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income (loss) per common share:Basic | 11.08 | 8.87 | 4.86 | 7.36 | 7.82 | 7.09 | 4.76 | 4.47 | 3.99 | 4.57 |
Income before cumulative effect of accounting change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Earnings Per Share (Diluted) - Extras | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income (loss) per common share:Diluted | 11.03 | 8.83 | 4.84 | 7.34 | 7.80 | 7.07 | 4.75 | 4.47 | 3.99 | 4.52 |
Weighted average common shares outstanding:Basic | -- | 94.10 | 94.10 | 93.80 | 93.70 | 93.50 | 93.50 | 96.60 | 97.00 | 96.60 |
Weighted average common shares outstanding:Diluted | 92.70 | 94.50 | 94.40 | 94.10 | 93.90 | 93.70 | 93.70 | 96.70 | 97.10 | 97.50 |