SILGAN HOLDINGS INC, 10-K filed on 2/26/2026
Annual Report
v3.25.4
Cover Page - USD ($)
$ in Billions
 12 Months Ended
Dec. 31, 2025
Feb. 01, 2026
Jun. 30, 2025
Cover [Abstract]      
Document Type 10-K    
Document Annual Report true    
Document Period End Date Dec. 31, 2025    
Current Fiscal Year End Date --12-31    
Document Transition Report false    
Entity File Number 001-41459    
Entity Registrant Name SILGAN HOLDINGS INC    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 06-1269834    
Entity Address, Address Line One 601 Merritt 7    
Entity Address, City or Town Norwalk,    
Entity Address, State or Province CT    
Entity Address, Postal Zip Code 06851    
City Area Code 203    
Local Phone Number 975-7110    
Title of 12(b) Security Common Stock, par value $0.01 per share    
Trading Symbol SLGN    
Security Exchange Name NYSE    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction [Flag] false    
Entity Shell Company false    
Entity Public Float     $ 5.7
Entity Common Stock, Shares Outstanding   105,441,971  
Documents Incorporated by Reference Portions of the Registrant’s Proxy Statement, to be filed with the Securities and Exchange Commission within 120 days after the end of the fiscal year covered by this Annual Report on Form 10-K, for its Annual Meeting of Stockholders to be held in 2026 are incorporated by reference in Part III of this Annual Report on Form 10-K.    
Amendment Flag false    
Document Fiscal Year Focus 2025    
Document Fiscal Period Focus FY    
Entity Central Index Key 0000849869    
v3.25.4
Audit Information
 12 Months Ended
Dec. 31, 2025
Auditor Information [Abstract]  
Auditor Name Ernst & Young LLP
Auditor Location Stamford, Connecticut
Auditor Firm ID 42
v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,080,659 $ 822,854
Trade accounts receivable, less allowances of $7,965 and $9,506, respectively 589,400 594,279
Inventories 1,080,134 928,056
Prepaid expenses and other current assets 241,725 177,494
Total current assets 2,991,918 2,522,683
Property, plant and equipment, net 2,378,331 2,282,903
Goodwill 2,486,678 2,316,031
Other intangible assets, net 900,083 869,468
Other assets, net 640,073 593,583
Total assets 9,397,083 8,584,668
Current liabilities:    
Revolving loans and current portion of long-term debt 631,632 716,932
Trade accounts payable 1,251,889 1,111,607
Accrued payroll and related costs 121,168 108,834
Accrued liabilities 447,180 310,159
Total current liabilities 2,451,869 2,247,532
Long-term debt 3,715,216 3,419,921
Deferred income taxes 501,768 505,616
Other liabilities 453,929 422,018
Commitments and contingencies
Stockholders’ equity:    
Common stock ($0.01 par value per share; 400,000,000 shares authorized, 175,112,496 shares issued and 105,441,971 and 106,794,650 shares outstanding, respectively) 1,751 1,751
Paid-in capital 384,847 367,871
Retained earnings 3,605,043 3,402,667
Accumulated other comprehensive loss (213,556) (353,357)
Treasury stock at cost (69,670,525 and 68,317,846 shares, respectively) (1,503,784) (1,429,351)
Total stockholders’ equity 2,274,301 1,989,581
Liabilities and equity, total $ 9,397,083 $ 8,584,668
v3.25.4
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Statement of Financial Position [Abstract]    
Trade accounts receivable, allowance for credit loss $ 7,965 $ 9,506
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 400,000,000 400,000,000
Common stock, shares issued (in shares) 175,112,496 175,112,496
Common stock, shares outstanding (in shares) 105,441,971 106,794,650
Treasury stock, shares (in shares) 69,670,525 68,317,846
v3.25.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Net sales $ 6,483,166 $ 5,854,694 $ 5,988,205
Cost of goods sold 5,333,742 4,842,919 4,995,647
Gross profit 1,149,424 1,011,775 992,558
Selling, general and administrative expenses 492,672 438,390 384,377
Rationalization charges 60,509 59,481 8,412
Other pension and postretirement (income) expense (1,624) (1,191) 4,333
Income before interest and income taxes 597,867 515,095 595,436
Interest and other debt expense before loss on early extinguishment of debt 189,365 166,369 173,315
Loss on early extinguishment of debt 0 1,056 0
Interest and other debt expense 189,365 167,425 173,315
Income before income taxes 408,502 347,670 422,121
Income Tax Expense (Benefit) 123,259 71,977 96,156
Income before equity in earnings of affiliates 285,243 275,693 325,965
Equity in earnings of affiliates, net of tax 3,160 685 0
Net income $ 288,403 $ 276,378 $ 325,965
Basic net income per share (in dollars per share) $ 2.71 $ 2.59 $ 3.00
Diluted net income per share (in dollars per share) $ 2.70 $ 2.58 $ 2.98
v3.25.4
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Net income $ 288,403 $ 276,378 $ 325,965
Other comprehensive income (loss), net of tax:      
Changes in net prior service credit and net actuarial losses, net of tax (provision) of $(4,318), $(2,872) and $(7,691), respectively 13,148 3,535 23,210
Change in fair value of derivatives, net of tax (provision) benefit of $(1,253), $971 and $(177), respectively 4,073 (4,823) 556
Foreign currency translation, net of tax benefit (provision) of $34,436, $(14,477) and $3,802, respectively 122,580 (100,708) 70,183
Other comprehensive income (loss) 139,801 (101,996) 93,949
Comprehensive income $ 428,204 $ 174,382 $ 419,914
v3.25.4
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Comprehensive Income [Abstract]      
Changes in net prior service credit and net actuarial losses, tax (provision) benefit $ (4,318) $ (2,872) $ (7,691)
Change in fair value of derivatives, tax provision (1,253) 971 (177)
Foreign currency translation, tax benefit (provision) $ 34,436 $ (14,477) $ 3,802
v3.25.4
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common stock
Paid-in capital
Retained earnings
Accumulated other comprehensive loss
Treasury stock
Beginning balance (in shares) at Dec. 31, 2022   110,079,000        
Beginning balance at Dec. 31, 2022   $ 1,751 $ 339,839 $ 2,961,079 $ (345,310) $ (1,239,103)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net issuance of treasury stock for vested restricted stock units (in shares)   314,000        
Repurchases of common stock (in shares)   (3,893,000)        
Stock compensation expense     15,572      
Net issuance of treasury stock for vested restricted stock units     (1,563)     (7,710)
Net income $ 325,965     325,965    
Dividends declared on common stock       (78,807)    
Other comprehensive income (loss)         93,949  
Repurchases of common stock           (176,304)
Ending balance (in shares) at Dec. 31, 2023   106,500,000        
Ending balance at Dec. 31, 2023 $ 1,889,358 $ 1,751 353,848 3,208,237 (251,361) (1,423,117)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends declared on common stock per share (in dollars per share) $ 0.72          
Net issuance of treasury stock for vested restricted stock units (in shares)   295,000        
Repurchases of common stock (in shares)   0        
Stock compensation expense     15,524      
Net issuance of treasury stock for vested restricted stock units     (1,501)     (6,234)
Net income $ 276,378     276,378    
Dividends declared on common stock       (81,948)    
Other comprehensive income (loss)         (101,996)  
Repurchases of common stock           0
Ending balance (in shares) at Dec. 31, 2024 106,794,650 106,795,000        
Ending balance at Dec. 31, 2024 $ 1,989,581 $ 1,751 367,871 3,402,667 (353,357) (1,429,351)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends declared on common stock per share (in dollars per share) $ 0.76          
Net issuance of treasury stock for vested restricted stock units (in shares)   198,000        
Repurchases of common stock (in shares)   (1,551,000)        
Stock compensation expense     18,020      
Net issuance of treasury stock for vested restricted stock units     (1,044)     (5,829)
Net income $ 288,403     288,403    
Dividends declared on common stock       (86,027)    
Other comprehensive income (loss)         139,801  
Repurchases of common stock           (68,604)
Ending balance (in shares) at Dec. 31, 2025 105,441,971 105,442,000        
Ending balance at Dec. 31, 2025 $ 2,274,301 $ 1,751 $ 384,847 $ 3,605,043 $ (213,556) $ (1,503,784)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends declared on common stock per share (in dollars per share) $ 0.80          
v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows provided by (used in) operating activities:      
Net income $ 288,403 $ 276,378 $ 325,965
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 319,163 275,884 263,233
Amortization of debt discount and debt issuance costs 5,533 5,472 5,365
Rationalization charges 60,509 59,481 8,412
Stock compensation expense 18,020 15,524 15,572
Loss on early extinguishment of debt 0 1,056 0
Deferred income tax provision (benefit) 19,278 (33,055) 33,108
Other changes that provided (used) cash, net of effects from acquisitions:      
Trade accounts receivable, net 50,472 37,301 73,697
Inventories (116,031) 57,723 (162,266)
Trade accounts payable 96,825 76,247 (3,820)
Accrued liabilities 34,209 (46,819) (54,860)
Other, net (46,540) (3,319) (21,810)
Net cash provided by operating activities 729,841 721,873 482,596
Cash flows provided by (used in) investing activities:      
Purchase of business, net of cash acquired 0 (921,563) 0
Capital expenditures (307,092) (262,786) (226,810)
Proceeds from asset sales 10,040 7,797 1,755
Other, net (253) 258 1,242
Net cash (used in) investing activities (297,305) (1,176,294) (223,813)
Cash flows provided by (used in) financing activities:      
Borrowings under revolving loans 1,511,633 993,088 1,122,095
Repayments under revolving loans (1,535,385) (1,011,203) (1,121,054)
Repayment of principal amounts under finance leases (4,914) (27,627) (2,911)
Changes in outstanding checks – principally vendors 12,398 (75,606) 99,144
Proceeds from issuance of long-term debt 703,620 983,588 12,305
Repayments of long-term debt (725,196) (100,000) (58,083)
Debt issuance costs (8,980) (8,346) 0
Dividends paid on common stock (85,771) (82,055) (78,894)
Repurchase of common stock (74,904) (9,317) (183,993)
Net cash (used in) provided by financing activities (207,499) 662,522 (211,391)
Effect of exchange rate changes on cash and cash equivalents 32,768 (28,170) 9,909
Cash and cash equivalents:      
Net increase 257,805 179,931 57,301
Balance at beginning of year 822,854 642,923 585,622
Balance at end of year 1,080,659 822,854 642,923
Interest paid, net 185,283 160,183 155,399
Income taxes paid, net of refunds $ 103,678 $ 91,552 $ 116,382
v3.25.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Nature of Business. Silgan Holdings Inc., or Silgan, and its subsidiaries conduct business in three segments: dispensing and specialty closures; metal containers; and custom containers. Our dispensing and specialty closures segment manufactures and sells dispensing systems and specialty closures for fragrance and beauty, food, beverage, personal and health care, home care and lawn and garden products. Our metal containers segment is engaged in the manufacture and sale of steel and aluminum containers for pet and human food and general line products. Our custom containers segment manufactures and sells custom designed plastic containers for pet and human food, consumer health and pharmaceutical, personal care, home care, lawn and garden and automotive products. Our dispensing and specialty closures segment has operating facilities in North and South America, Europe and Asia. Our metal containers segment has operating facilities in North America, Europe and Asia. Our custom containers segment has operating facilities in North America.
Basis of Presentation. The consolidated financial statements include the accounts of Silgan and our subsidiaries. Newly acquired subsidiaries have been included in the consolidated financial statements from their dates of acquisition. All significant intercompany transactions have been eliminated. The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles, or GAAP, requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates.
Generally, our subsidiaries that operate outside the United States use their local currency as the functional currency. The principal functional currency for our foreign operations is the Euro. Balance sheet accounts of our foreign subsidiaries are translated at exchange rates in effect at the balance sheet date, while revenue and expense accounts are translated at average rates prevailing during the year. Translation adjustments are reported as a component of accumulated other comprehensive loss. Gains or losses resulting from operating transactions denominated in foreign currencies that are not designated as a hedge are generally included in selling, general and administrative expenses in our Consolidated Statements of Income.
Cash and Cash Equivalents. Cash equivalents represent short-term, highly liquid investments which are readily convertible to cash and have maturities of three months or less at the time of purchase. As a result of our cash management system, checks issued for payment may create negative book balances. Checks outstanding in excess of related book balances are included in trade accounts payable in our Consolidated Balance Sheets. Changes in outstanding checks are included in financing activities in our Consolidated Statements of Cash Flows to treat them as, in substance, cash advances.
Inventories. Inventories are valued at the lower of cost or net realizable value. Cost for inventories of certain portions of our dispensing and specialty closures segment and of domestic inventories of our metal containers segment is principally determined on the last-in, first-out basis, or LIFO. Cost for inventories of certain portions of our dispensing and specialty closures segment and of our custom containers segment is principally determined on the first-in, first-out basis, or FIFO. Cost for inventories of certain portions of our dispensing and specialty closures segment and of foreign inventories of our metal containers segment is principally determined on the average cost method.
Property, Plant and Equipment, Net. Property, plant and equipment, net is stated at historical cost less accumulated depreciation. Major renewals and betterments that extend the life of an asset are capitalized and repairs and maintenance expenditures are charged to expense as incurred. Design and development costs for molds, dies and other tools that we do not own and that will be used to produce products that will be sold under long-term supply arrangements are capitalized. Depreciation is computed using the straight-line method over the estimated useful lives of depreciable assets. The principal estimated useful lives are 35 years for buildings and range between 3 years to 20 years for machinery and equipment. Leasehold improvements are amortized over the shorter of the life of the related asset or the life of the lease.
Goodwill and Other Intangible Assets, Net. We review goodwill for impairment as of July 1 of each year and more frequently if circumstances indicate a possible impairment. We determined that goodwill was not impaired in our annual assessment performed during the third quarter. Definite-lived intangible assets are amortized over their estimated useful lives on a straight-line basis. Customer relationships have a weighted average life of
approximately 22 years. Other definite-lived intangible assets consist primarily of trade names and technology know-how and have a weighted average life of approximately 12 years.
Impairment of Long-Lived Assets. We assess long-lived assets, including intangible assets with definite lives, for impairment whenever events or changes in circumstances indicate the carrying amount of the assets may not be fully recoverable. An impairment exists if the estimate of future undiscounted cash flows generated by the assets is less than the carrying value of the assets. If impairment is determined to exist, any related impairment loss is then measured by comparing the fair value of the assets to their carrying amount.
Hedging Instruments. All derivative financial instruments are recorded in the Consolidated Balance Sheets at their fair values. Changes in fair values of derivatives are recorded in each period in earnings or other comprehensive loss, depending on whether a derivative is designated as part of a qualifying hedge transaction and, if it is, the type of hedge transaction.
We utilize certain derivative financial instruments to manage a portion of our interest rate and natural gas cost exposures. We generally limit our use of derivative financial instruments to interest rate and natural gas swap agreements. We do not engage in trading or other speculative uses of these derivative financial instruments. For a financial instrument to qualify as a hedge, we must be exposed to interest rate or price risk, and the financial instrument must reduce the exposure and be designated as a hedge. Financial instruments qualifying for hedge accounting must maintain a high correlation between the hedging instrument and the item being hedged, both at inception and throughout the hedged period.
We also utilize certain internal hedging strategies to minimize our foreign currency exchange rate risk. Net investment hedges that qualify for hedge accounting result in the recognition of foreign currency gains or losses, net of tax, in accumulated other comprehensive loss.
Income Taxes. We account for income taxes using the liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period of enactment of such change. No provision is made for U.S. income taxes applicable to undistributed earnings of foreign subsidiaries that are indefinitely reinvested. The minimum tax on foreign earnings, more commonly referred to as the tax on Global Intangible Low-Taxed Income, is accounted for as a component of current income tax expense.
Revenue Recognition. Our revenues are primarily derived from the sale of rigid packaging products to customers. We recognize revenue at the amount we expect to be entitled to in exchange for promised goods for which we have transferred control to customers. If the consideration agreed to in a contract includes a variable amount, we estimate the amount of consideration we expect to be entitled to in exchange for transferring the promised goods to the customer. Generally, revenue is recognized at a point in time for standard promised goods at the time of shipment when title and risk of loss pass to the customer, and revenue is recognized over time in cases where we produce promised goods with no alternative use to us and for which we have an enforceable right of payment for production completed. The production cycle for customer contracts subject to over time recognition is generally completed in less than one month. Due to the short-term duration of our production cycle, we have elected the practical expedient permitting us to exclude disclosure regarding our performance obligations with respect to outstanding purchase orders. We have elected to treat shipping and handling costs after the control of goods has been transferred to the customer as a fulfillment cost. Sales and similar taxes that are imposed on our sales and collected from customers are excluded from revenues.
Stock-Based Compensation. We currently have one stock-based compensation plan in effect under which we have issued restricted stock units to our officers, other key employees and outside directors. A restricted stock unit represents the right to receive one share of our common stock at a future date. Unvested restricted stock units that have been issued do not have voting rights and may not be disposed of or transferred during the vesting period.
v3.25.4
REVENUE
 12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
    The following tables present our revenues disaggregated by reportable segment and geography as they best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.

    Revenues by segment were as follows:
202520242023
 (Dollars in thousands)
Dispensing and Specialty Closures$2,707,244 $2,304,370 $2,221,430 
Metal Containers3,138,318 2,900,678 3,140,830 
Custom Containers637,604 649,646 625,945 
 $6,483,166 $5,854,694 $5,988,205 
    
Revenues by geography were as follows:
202520242023
 (Dollars in thousands)
North America$4,567,882 $4,399,422 $4,582,356 
Europe and other1,915,284 1,455,272 1,405,849 
 $6,483,166 $5,854,694 $5,988,205 

    Our contracts generally include standard commercial payment terms generally acceptable in each region. We do not provide financing with extended payment terms beyond generally standard commercial payment terms for the applicable industry. We have no significant obligations for refunds, warranties or similar obligations.
 
    Trade accounts receivable, net are shown separately on our Consolidated Balance Sheets. Contract assets are the result of the timing of revenue recognition, billings and cash collections. Our contract assets primarily consist of unbilled accounts receivable related to over time revenue recognition and were $112.5 million and $115.6 million as of December 31, 2025 and 2024, respectively. Unbilled receivables are included in trade accounts receivable, net on our Consolidated Balance Sheets. We have entered into various supply chain financing, or SCF, arrangements with financial institutions pursuant to which we sell receivables of certain customers to such financial institutions without recourse and accelerate payment in respect of such receivables sooner than provided in the applicable supply agreements with such customers. Receivables sold under these arrangements totaled $1.6 billion, $1.1 billion and $1.5 billion for the years ended December 31, 2025, 2024 and 2023, respectively.
v3.25.4
ACQUISITION
 12 Months Ended
Dec. 31, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
ACQUISITIONS ACQUISITION
WEENER PLASTICS HOLDING B.V. ACQUISITION

On October 15, 2024, we acquired all outstanding equity interests in Weener Plastics Holding B.V., or Weener Packaging, a leading producer of differentiated dispensing solutions for personal and health care and food products. The purchase price for this acquisition was $921.6 million, net of cash acquired. We funded the purchase price for this acquisition with term and revolving loan borrowings, including a €700.0 million incremental term loan, under our amended and restated senior secured credit facility, and cash on hand. For this acquisition, we applied the acquisition method of accounting and recognized assets acquired and liabilities assumed at fair value as of the acquisition date, and we recognized goodwill of $393.1 million and intangible assets consisting of customer relationships of $211.1 million, trade names of $43.8 million and technology know-how of $18.8 million. During 2025, we finalized our purchase price allocation for this acquisition, and there were no material changes to the previously recorded fair values of assets acquired and liabilities assumed. Weener Packaging's results of operations were included in our dispensing and specialty closures segment since the acquisition date.
v3.25.4
RATIONALIZATION CHARGES
 12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
RATIONALIZATION CHARGES RATIONALIZATION CHARGES
We continually evaluate cost reduction opportunities across each of our segments, including rationalizations of our existing facilities through plant closings and downsizings. We use a disciplined approach to identify opportunities that generate attractive cash returns. Rationalization charges by segment for each of the years ended December 31 were as follows:
202520242023
 (Dollars in thousands)
Dispensing and Specialty Closures$37,425 $23,055 $11,285 
Metal Containers17,411 14,469 (7,849)
Custom Containers5,673 21,957 4,976 
 $60,509 $59,481 $8,412 

    Rationalization charges for the year ended December 31, 2025 included a charge of approximately $24.0 million related to the announced shutdown in the fourth quarter of 2025 of the Hannover, Germany metal closures manufacturing facility. The remainder of the rationalization charges recognized for the year ended December 31, 2025 primarily related to the comprehensive cost reduction initiative we announced in late 2023 to achieve cost savings over the following two years from footprint rationalizations and other cost reduction actions in all of our segments. As part of this initiative, we closed three dispensing and specialty closures manufacturing facilities, two metal container manufacturing facilities and two custom container manufacturing facilities, relocating volumes from such facilities to other facilities. In addition, as part of this initiative we optimized production at several other manufacturing facilities across our network.
Rationalization charges of $59.5 million for the year ended December 31, 2024 primarily related to our comprehensive cost reduction initiative that we announced in late 2023 described above.

In the fourth quarter of 2022, we recognized a rationalization charge of $73.8 million in the metal containers segment related to the write-off of net assets to service the Russian market. Our two metal container manufacturing facilities in Russia were closed at the beginning of 2023. In the fourth quarter of 2023, we recorded a rationalization credit of $17.7 million in the metal containers segment related to a loss recovery from Oesterreichische Kontrollbank Aktiengesellschaft, an Austrian entity that provides financial services including credit insurance, in respect of such net assets.
In 2019, we withdrew from the Central States, Southeast and Southwest Areas Pension Plan, or the Central States Pension Plan. As of December 31, 2025, our total future expected cash expenditures related to this withdrawal were $36.0 million. Remaining expenses related to the accretion of interest for the withdrawal liability for the Central States Pension Plan are expected to be approximately $0.8 million per year to be recognized annually
through 2040, and remaining cash expenditures for the withdrawal liability related to the Central States Pension Plan are expected to be approximately $2.6 million per year through 2040.

    Activity in reserves for our rationalization plans was as follows:
Employee
Severance
and Benefits		Plant
Exit
Costs		Non-Cash
Asset
Write-Down		Total
 (Dollars in thousands)
Balance as of January 1, 2023$31,641 $159 $— $31,800 
Charged to expense12,314 6,175 (10,077)8,412 
Utilized and currency translation(10,400)(5,869)10,077 (6,192)
Balance at December 31, 202333,555 465 — 34,020 
Charged to expense8,972 20,607 29,902 59,481 
Utilized and currency translation(13,209)(21,072)(29,902)(64,183)
Balance at December 31, 202429,318 — — 29,318 
Charged to expense28,356 13,603 18,550 60,509 
Utilized and currency translation(12,712)(13,411)(18,550)(44,673)
Balance at December 31, 2025$44,962 $192 $— $45,154 

Non-cash asset write-downs were the result of comparing the carrying value of certain production related equipment to their fair value using estimated future discounted cash flows, a Level 3 fair value measurement (see Note 10 for information regarding a Level 3 fair value measurement). Non-cash asset write-downs for the year ended December 31, 2023 were net of recovered losses of $17.7 million discussed above.    
Rationalization reserves as of December 31, 2025 and 2024 were recorded in our Consolidated Balance Sheets as accrued liabilities of $20.9 million and $3.8 million, respectively, and as other liabilities of $24.3 million and $25.5 million, respectively. Excluding the impact of our withdrawal from the Central States Pension Plan discussed above, remaining expenses and cash expenditures for our rationalization plans are expected to be $17.3 million and $37.1 million, respectively.
v3.25.4
ACCUMULATED OTHER COMPREHENSIVE LOSS
 12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS ACCUMULATED OTHER COMPREHENSIVE LOSS
Accumulated other comprehensive loss is reported in our Consolidated Statements of Stockholders’ Equity. Amounts included in accumulated other comprehensive loss, net of tax, were as follows:
 
Unrecognized Net
Defined Benefit
Plan Costs		Change in Fair
Value of
Derivatives		Foreign
Currency
Translation		Total
 (Dollars in thousands)
Balance at January 1, 2023$(156,733)$(772)$(187,805)$(345,310)
Other comprehensive income before
    reclassifications
15,556 852 46,149 62,557 
Amounts reclassified from accumulated
    other comprehensive loss
7,654 (296)24,034 31,392 
 Other comprehensive income23,210 556 70,183 93,949 
Balance at December 31, 2023(133,523)(216)(117,622)(251,361)
Other comprehensive (loss) before
    reclassifications
(2,279)(1,684)(100,708)(104,671)
Amounts reclassified from accumulated
    other comprehensive loss
5,814 (3,139)— 2,675 
 Other comprehensive loss3,535 (4,823)(100,708)(101,996)
Balance at December 31, 2024(129,988)(5,039)(218,330)(353,357)
Other comprehensive income before
    reclassifications
8,215 4,031 122,580 134,826 
Amounts reclassified from accumulated
    other comprehensive loss
4,933 42 — 4,975 
 Other comprehensive income13,148 4,073 122,580 139,801 
Balance at December 31, 2025$(116,840)$(966)$(95,750)$(213,556)

The amounts reclassified to earnings from the unrecognized net defined benefit plan costs component of accumulated other comprehensive loss for the years ended December 31, 2025, 2024 and 2023 were net (losses) of $(6.6) million, $(7.6) million and $(10.2) million, respectively, excluding income tax benefits of $1.6 million, $1.8 million and $2.5 million, respectively. These net losses included amortization of net actuarial (losses) of $(6.6) million, $(7.5) million and $(11.0) million for the years ended December 31, 2025, 2024 and 2023, respectively, and amortization of net prior service (cost) credit of $(0.1) million and $0.8 million for the years ended December 31, 2024 and 2023, respectively. Amortization of net actuarial (losses) and net prior service (cost) credit is a component of net periodic benefit (cost) credit. See Note 13 for further discussion.
The amounts reclassified to earnings from the change in fair value of derivatives component of accumulated other comprehensive loss for the years ended December 31, 2025, 2024 and 2023 were not significant. See Note 10 which includes a discussion of derivative instruments and hedging activities.
The foreign currency translation component of accumulated other comprehensive loss includes: (i) foreign currency gains (losses) related to translation of year-end financial statements of foreign subsidiaries utilizing a functional currency other than the U.S. Dollar, and (ii) foreign currency (losses) gains related to our net investment hedges, net of tax. Foreign currency gains (losses) related to translation of year-end financial statements of foreign subsidiaries utilizing a functional currency other than the U.S. Dollar for the years ended December 31, 2025, 2024 and 2023 were $230.3 million, $(147.6) million and $57.7 million, respectively. Foreign currency (losses) gains related to our net investment hedges for the years ended December 31, 2025, 2024 and 2023 were $(142.3) million, $61.3 million and $(17.3) million, respectively, excluding an income tax benefit (provision) of $34.4 million, $(14.5) million and $3.8 million, respectively. See Note 10 for further discussion. Foreign currency translation losses reclassified from accumulated other comprehensive loss in 2023 were due to the shutdown of the two metal container manufacturing facilities in Russia.
v3.25.4
INVENTORIES
 12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
The components of inventories at December 31 were as follows:
20252024
 (Dollars in thousands)
Raw materials$586,296 $450,389 
Work-in-process204,882 199,030 
Finished goods595,089 530,406 
Other16,861 17,192 
1,403,128 1,197,017 
Adjustment to value inventory at cost on the LIFO method(322,994)(268,961)
$1,080,134 $928,056 
Inventories include $271.5 million and $264.7 million recorded on the FIFO method at December 31, 2025 and 2024, respectively, and $242.1 million and $195.5 million recorded on the average cost method at December 31, 2025 and 2024, respectively.
v3.25.4
PROPERTY, PLANT AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET PROPERTY, PLANT AND EQUIPMENT, NET
Property, plant and equipment, net at December 31 was as follows:
20252024
 (Dollars in thousands)
Land$105,227 $96,965 
Buildings and improvements691,045 650,587 
Machinery and equipment4,407,018 4,122,498 
Construction in progress308,921 281,086 
5,512,211 5,151,136 
Accumulated depreciation(3,133,880)(2,868,233)
$2,378,331 $2,282,903 
 
Depreciation expense in 2025, 2024 and 2023 was $254.5 million, $223.3 million and $210.1 million, respectively.
v3.25.4
GOODWILL AND OTHER INTANGIBLE ASSETS, NET
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET GOODWILL AND OTHER INTANGIBLE ASSETS, NET
Changes in the carrying amount of goodwill were as follows:
Dispensing and Specialty ClosuresMetal
Containers		Custom
Containers		Total
 (Dollars in thousands)
Balance at December 31, 2023
$1,670,972 $120,499 $226,770 $2,018,241 
Acquisition379,649 — — 379,649 
Currency translation(76,883)(3,557)(1,419)(81,859)
Balance at December 31, 2024
1,973,738 116,942 225,351 2,316,031 
Acquisition13,456 — — 13,456 
Currency translation149,272 7,150 769 157,191 
Balance at December 31, 2025
$2,136,466 $124,092 $226,120 $2,486,678 
The components of other intangible assets, net at December 31 were as follows:
 20252024
 Gross
Amount		Accumulated
Amortization		Gross
Amount		Accumulated
Amortization
 (Dollars in thousands)
Definite-lived intangibles:
Customer relationships$1,159,220 $(366,349)$1,059,991 $(299,917)
Other151,018 (75,946)138,311 (61,057)
1,310,238 (442,295)1,198,302 (360,974)
Indefinite-lived intangibles:
Trade names32,140 — 32,140 — 
$1,342,378 $(442,295)$1,230,442 $(360,974)
Amortization expense in 2025, 2024 and 2023 was $64.6 million, $52.6 million and $53.1 million, respectively. Amortization expense is expected to be $64.0 million, $63.2 million, $60.9 million, $59.2 million and $57.2 million for the years ended December 31, 2026 through 2030, respectively.
v3.25.4
LONG-TERM DEBT
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
LONG-TERM DEBT LONG-TERM DEBT
Long-term debt at December 31 was as follows:
20252024
 (Dollars in thousands)
Bank debt:
Bank revolving loans$— $— 
U.S. term loans841,500 850,000 
Euro term loans1,046,390 931,950 
Other foreign bank revolving and term loans46,165 35,725 
Total bank debt1,934,055 1,817,675 
3¼% Senior Notes— 673,075 
4⅛% Senior Notes600,000 600,000 
2¼% Senior Notes587,200 517,750 
4¼% Senior Notes704,640 — 
1.4% Senior Secured Notes
500,000 500,000 
Finance leases38,783 41,673 
Total debt - principal4,364,678 4,150,173 
Less unamortized debt issuance costs and debt discount17,830 13,320 
Total debt4,346,848 4,136,853 
Less current portion631,632 716,932 
$3,715,216 $3,419,921 

AGGREGATE ANNUAL MATURITIES

The aggregate annual maturities of our debt (non-U.S. dollar debt has been translated into U.S. dollars at exchange rates in effect at the balance sheet date), excluding finance leases, are as follows (dollars in thousands):

2026$627,926 
2027194,322 
20281,379,544 
2029192,306 
20301,221,976 
Thereafter709,821 
$4,325,895 
At December 31, 2025, the current portion of our long-term debt consisted of $500.0 million of 1.4% Senior Secured Notes due 2026, $42.5 million of U.S. term loans and $52.8 million of Euro term loans under our senior secured credit facility, $32.6 million of other foreign bank revolving and term loans and $3.7 million of finance leases.
BANK CREDIT AGREEMENT
    
On March 24, 2017, we completed an amendment and restatement of our previous senior secured credit facility and subsequently entered into five amendments to our amended and restated senior secured credit facility, as so amended, the Credit Agreement, on each of November 4, 2024, June 22, 2023, November 9, 2021, February 1, 2021 and May 30, 2018. The most recent amendment to the Credit Agreement entered into on November 4, 2024, or the Fifth Amendment:

•refinanced outstanding term loans and revolving loans thereunder and extended the maturity dates to (i) November 4, 2029 with respect to revolving loans and (ii) November 4, 2030 with respect to term loans;
•increased the aggregate amount of Euro term loans thereunder from €700.0 million to €900.0 million, with the additional €200.0 million of Euro term loans being used to repay revolving loans under the Credit Agreement that were used to fund a portion of the purchase price for Weener Packaging and to pay fees, expenses and costs associated with the Fifth Amendment;
•removed the springing maturity date provisions that would have shortened the maturity dates under the Credit Agreement to the date that is 91 days prior to the maturity dates of the 3¼% Senior Notes due 2025 and the 1.4% Senior Secured Notes due 2026 (unless such notes were refinanced or repaid prior thereto);
•improved the interest rate margin grid for term loans;
•increased the uncommitted multi-currency incremental loan facility from $1.25 billion to $1.5 billion;
•amended certain covenants to provide additional flexibility; and
•amended certain other terms of the Credit Agreement.

The applicable margins for term loans and for revolving loans and swingline loans are reset quarterly using the applicable margin schedule based on our Total Net Leverage Ratio (as defined in the Credit Agreement). The range for the applicable margin for term loans is 0.00 percent to 0.75 percent for Base Rate Loans and 1.00 percent to 1.75 percent for Eurocurrency Rate Loans and RFR Loans (each as defined in the Credit Agreement). The range for the applicable margin for revolving loans and swingline loans is 0.00 percent to 0.50 percent for U.S. dollar-denominated Base Rate Loans and Canadian dollar-denominated Canadian Prime Rate Loans, 1.00 percent to 1.50 percent for Eurocurrency Rate Loans and RFR Loans (other than SONIA RFR Loans) and 1.0326 percent to 1.5326 percent for revolving loans maintained as SONIA RFR Loans (each as defined in the Credit Agreement).

Revolving loans under the Credit Agreement generally may be borrowed, repaid and reborrowed from time to time until November 4, 2029, the maturity date for our multi-currency revolving loan facility under the Credit Agreement. Proceeds from revolving loans may be used for working capital and other general corporate purposes (including acquisitions, capital expenditures, dividends, stock repurchases and refinancings and repayments of other debt).

The current outstanding term loans under the Credit Agreement ($841.5 million and €891.0 million) mature on November 4, 2030 and are repayable in installments. U.S. term loans are repayable in installments as follows: $42.5 million on December 31, 2026, $85.0 million on each of December 31, 2027, 2028 and 2029 and $544.0 million on November 4, 2030. Euro term loans are repayable in installments as follows: €45.0 million on December 31, 2026, €90.0 million on each of December 31, 2027, 2028 and 2029 and €576.0 million on November 4, 2030. In 2025, we repaid $8.5 million and €9.0 million of outstanding U.S term loans and Euro term loans, respectively, under the Credit Agreement. In 2024 and 2023, we repaid $100.0 million and $50.0 million of outstanding previous U.S. term loans under the Credit Agreement, respectively.

The Credit Agreement contains certain mandatory repayment provisions, including requirements to prepay loans with proceeds in excess of certain amounts received from certain assets sales. Generally, mandatory repayments are applied to the term loans and applied first to the next two scheduled amortization payments which are due on December 31 of the year of such mandatory repayment and the next succeeding year (or, if no such payment is due on December 31 of such year, to the payment due on December 31 of the immediately succeeding year or of the next succeeding year in which a payment is to be made) and, to the extent in excess thereof, pro rata to the remaining installments of the term loans. Voluntary prepayments of term loans may be applied to any tranche of term loans at our discretion and are applied to the scheduled amortization payments in direct order of maturity. Amounts repaid under the term loans may not be reborrowed.
The Credit Agreement also provides us with an uncommitted multi-currency incremental loan facility for up to U.S. $1.5 billion (which amount may be increased as provided in the Credit Agreement), which may take the form of one or more incremental term loan facilities under the Credit Agreement, increased commitments under the revolving loan facility under the Credit Agreement and/or incremental indebtedness in the form of secured loans and/or notes, subject to certain limitations. The uncommitted incremental loan facility provides, among other things, that any incremental loan borrowing shall:

•be denominated in a single currency, either in U.S. Dollars, Euros, Pounds Sterling or Canadian Dollars;
•be in a minimum aggregate amount of at least U.S. $50.0 million;
•have a maturity date no earlier than the maturity date for term loans under the Credit Agreement and a weighted average life to maturity of no less than the weighted average life to maturity of term loans under the Credit Agreement; and
•be used by us and certain of our foreign subsidiaries for working capital and other general corporate purposes, including to finance acquisitions and refinance any indebtedness assumed as a part of such acquisitions, to refinance or repurchase debt as permitted and to pay outstanding revolving loans under the Credit Agreement.
    
At December 31, 2025, we had term loan borrowings outstanding under the Credit Agreement of $841.5 million and €891.0 million, totaling U.S. denominated $1.89 billion principal amount (with Euro denominated term loans translated at exchange rates in effect at such date). At December 31, 2024, we had term loan borrowings outstanding under the Credit Agreement of $850.0 million and €900.0 million, totaling U.S. denominated $1.78 billion principal amount (with Euro denominated term loans translated at exchange rates in effect at such date). At December 31, 2025 and 2024, we had no revolving loans outstanding under the Credit Agreement. At December 31, 2025, the margin for term loans maintained as Eurocurrency Rate Loans and RFR Loans was 1.50 percent, and the margin for term loans maintained as Base Rate Loans was 0.50 percent. At December 31, 2025, the margin for revolving loans maintained as Eurocurrency Rate Loans or RFR Loans (other than SONIA RFR Loans) was 1.25 percent, the margin for revolving loans maintained as SONIA RFR Loans was 1.2826 percent and the margin for revolving loans maintained as Base Rate Loans and Canadian Prime Rate loans was 0.25 percent. In accordance with the Fifth Amendment, the margin for term loans and revolving loans will be reset quarterly after March 31, 2025 based upon our Total Leverage Ratio as provided in the Credit Agreement. As of December 31, 2025, the interest rate on U.S. term loans and Euro term loans under the Credit Agreement was 5.56 percent and 3.52 percent, respectively.

The Credit Agreement provides for the payment of a commitment fee ranging from 0.20 percent to 0.30 percent per annum on the daily average unused portion of commitments available under the revolving loan facility (0.25 percent at December 31, 2025). The commitment fee is reset quarterly based upon our Total Net Leverage Ratio as provided in the Credit Agreement.

We may utilize up to a maximum of $125.0 million of our multi-currency revolving loan facility under the Credit Agreement for letters of credit as long as the aggregate amount of borrowings of Revolving Loans under the multi-currency revolving loan facility and letters of credit do not exceed the amount of the commitment under such multi-currency revolving loan facility. The Credit Agreement provides for payment to the applicable lenders of a letter of credit fee equal to the applicable margin in effect for Revolving Loans under the multi-currency revolving loan facility, calculated on the stated amount of such letter of credit, and to the issuers of letters of credit of a fronting fee of the greater of (x) $500 per annum and (y) 0.25 percent per annum calculated on the aggregate stated amount of such letters of credit, in each case for their stated duration.

For 2025, 2024 and 2023, the weighted average annual interest rate paid on term loans under the Credit Agreement was 4.6 percent, 6.4 percent and 6.5 percent, respectively; and the weighted average annual interest rate paid on revolving loans under the Credit Agreement was 4.6 percent, 6.2 percent and 6.4 percent, respectively. From time to time, we enter into interest rate swap agreements to convert interest rate exposure from variable rates to fixed rates of interest. For 2025, 2024 and 2023, the weighted average annual interest rate paid on term loans under the Credit Agreement, after consideration of our interest rate swap agreements, was 4.6 percent, 5.9 percent and 6.2 percent, respectively. See Note 10 which includes a discussion of our interest rate swap agreements.
The indebtedness under the Credit Agreement is guaranteed by us, our U.S. subsidiaries and our Dutch subsidiary that is a borrower under the Credit Agreement. The stock of substantially all of our U.S. subsidiaries and certain of our Dutch subsidiaries and 65% of the stock of our Canadian and other non-U.S. subsidiaries directly owned by our U.S. subsidiaries has been pledged as security to the lenders under the Credit Agreement. The Credit Agreement contains certain financial and operating covenants which limit, subject to certain exceptions, among other things, our ability to incur additional indebtedness; create liens; consolidate, merge or sell assets; make certain advances, investments or loans; enter into certain transactions with affiliates; and engage in any business other than the packaging business and certain related businesses. In addition, we are required to meet specified financial covenants consisting of Interest Coverage and Total Net Leverage Ratios, each as defined in the Credit Agreement. We are currently in compliance with all covenants under the Credit Agreement.

Because we sell metal containers and closures used in the fruit and vegetable packing process, we have seasonal sales. As is common in the packaging industry, we must utilize working capital to build inventory and then
carry accounts receivable for some customers beyond the packing season. Due to our seasonal requirements, which generally peak sometime in the summer or early fall, we may incur short-term indebtedness to finance our working capital requirements.

As a result of the Fifth Amendment, we recorded a pre-tax charge for the loss on early extinguishment of debt of $1.1 million in 2024 for the write-off of unamortized debt issuance costs.

4¼% SENIOR NOTES

On September 12, 2025, we issued €600.0 million aggregate principal amount of our 4¼% Senior Notes due 2031, or the 4¼% Notes, at 100 percent of their principal amount in a private placement in reliance on Rule 144A and Regulation S under the Securities Act of 1933, as amended.

The 4¼% Notes are guaranteed by our U.S. subsidiaries that guarantee the Credit Agreement, the 1.4% Senior Secured Notes due 2026, or the 1.4% Notes, the 4⅛% Senior Notes due 2028, or the 4⅛% Notes, and the 2¼% Senior Notes due 2028, or the 2¼% Notes. The 4¼% Notes are not guaranteed by any of our subsidiaries that do not guarantee the Credit Agreement, the 1.4% Notes, the 4⅛% Notes and the 2¼% Notes, any of our non-U.S. subsidiaries and any of our non-wholly owned subsidiaries. The guarantee of each subsidiary guarantor will be released to the extent such subsidiary no longer guarantees the Credit Agreement or when the 1.4% Notes are paid off on or before they mature on April 1, 2026, provided we do not issue any other debt securities for which a U.S. subsidiary provides a guarantee before that date.

The 4¼% Notes and the related guarantees are general senior unsecured obligations of us and the subsidiary guarantors, respectively, and are (i) effectively subordinated to all of our and the subsidiary guarantors’ existing and future secured indebtedness, including secured indebtedness under the Credit Agreement and the 1.4% Notes, to the extent of the value of the assets securing such indebtedness, (ii) equal in right of payment with all of our and the subsidiary guarantors’ existing and future senior indebtedness, including the 2¼% Notes and the 4⅛% Notes, (iii) senior to all of our and the subsidiary guarantors’ existing and future subordinated indebtedness, and (iv) structurally subordinated to the existing and future indebtedness and other liabilities (including trade payables) of our non-guarantor subsidiaries.

The 4¼% Notes will mature on February 15, 2031. Interest on the 4¼% Notes is payable semiannually on February 15 and August 15 of each year. The 4¼% Notes were issued pursuant to, and are governed by, that certain indenture, dated as of September 12, 2025, among us, certain of our U.S. subsidiaries, U.S. Bank Trust Company, National Association, as trustee, U.S. Bank Europe DAC, UK Branch, as paying agent, and U.S. Bank Europe DAC, as registrar and transfer agent, which indenture contains covenants that are generally less restrictive than those in the Credit Agreement and substantially similar to the covenants in the indentures for the 1.4% Notes, the 4⅛% Notes and the 2¼% Notes.

The 4¼% Notes are redeemable, at our option, in whole or in part, at any time on or after September 15, 2027 initially at 102.125 percent of their principal amount, plus accrued and unpaid interest to the redemption date, declining ratably annually to 100 percent of their principal amount, plus accrued and unpaid interest to the redemption date, on or after September 15, 2029. At any time before September 15, 2027, we also have the right to
redeem the 4¼% Notes, in whole or in part, at a redemption price equal to 100 percent of their principal amount plus a make-whole premium as provided in the indenture for the 4¼% Notes, together with accrued and unpaid interest to the redemption date. In addition, before September 15, 2027, we have the right to redeem up to 40 percent of the aggregate principal amount of outstanding of the 4¼% Notes with the proceeds from sales of certain kinds of our capital stock at a redemption price equal to 104.250 percent of their principal amount, plus accrued and unpaid interest to the redemption date.

We will be required to make an offer to repurchase the 4¼% Notes at a price of 101 percent of their principal amount, plus accrued and unpaid interest to the date of repurchase, upon the occurrence of a change of control repurchase event as provided in the indenture for the 4¼% Notes. In connection with any tender offer for, or any other offer to purchase, the 4¼% Notes (including a change of control offer), if holders of no less than 90 percent of the aggregate principal amount of the then outstanding 4¼% Notes validly tender their 4¼% Notes in such offer, we, or a third party making such offer, is entitled to redeem all remaining 4¼% Notes at the price offered to each holder (excluding any early tender, incentive or similar fee).

The net proceeds from the sale of the 4¼% Notes were approximately €592.4 million after deducting the initial purchasers' discount and offering expenses. We used the net proceeds from the sale of the 4¼% Notes to repay outstanding Euro revolving loan borrowings under the Credit Agreement that were utilized to fund the repayment of our 3¼% Senior Notes due 2025, or the 3¼% Notes, on March 15, 2025.

1.4% SENIOR SECURED NOTES

On February 10, 2021, we issued $500.0 million aggregate principal amount of our 1.4% Senior Secured Notes due 2026, or the 1.4% Notes, at 99.945 percent of their principal amount.

The 1.4% Notes are guaranteed on a senior secured basis by our U.S. subsidiaries that guarantee the Credit Agreement. The 1.4% Notes are not guaranteed by any of our subsidiaries that do not guarantee the Credit Agreement, any of our non-U.S. subsidiaries or any of our non-wholly owned subsidiaries. The 1.4% Notes and related guarantees are secured by pledges of equity interests, or the Collateral, that are owned by us and by each subsidiary guarantor, to the extent equity interests are also pledged to secure the obligations of U.S. borrowers under the Credit Agreement. The 1.4% Notes will share equally in the Collateral with the Credit Agreement. The guarantee of each such subsidiary guarantor will be released to the extent such subsidiary no longer guarantees the Credit Agreement and in certain other circumstances, and the Collateral pledged by such subsidiary guarantor will also be released upon the release of such subsidiary guarantor’s guarantee.
The 1.4% Notes and related guarantees are senior secured obligations of us and the subsidiary guarantors. The 1.4% Notes and related guarantees rank equal in right of payment with all of our and the subsidiary guarantors’ existing and future unsubordinated indebtedness, including under the Credit Agreement and the 4¼% Notes, our 2¼% Senior Notes due 2028, or the 2¼% Notes, and our 4⅛% Senior Notes due 2028, or the 4⅛% Notes; are senior in right of payment to all of our and the subsidiary guarantors’ future indebtedness that is by its terms expressly subordinated in right of payment to the 1.4% Notes; rank equal in right of payment to all of our and the subsidiary guarantors’ existing and future senior secured indebtedness (including indebtedness under the Credit Agreement) that is secured by the Collateral on a first-priority basis, to the extent of the value of the Collateral; rank effectively senior to all of our and the subsidiary guarantors’ existing and future unsecured indebtedness, including the 4¼% Notes, the 2¼% Notes and the 4⅛% Notes, and indebtedness secured on a junior basis, in each case to the extent of the value of the Collateral; rank effectively junior to all existing and future indebtedness that is secured by liens on assets that do not constitute a part of the Collateral, to the extent of the value of such assets; and are structurally subordinated to all existing and future indebtedness and other liabilities of each of our existing and future subsidiaries that do not guarantee the 1.4% Notes.

As a result of the guarantees by the subsidiary guarantors of the 1.4% Notes, such subsidiaries were also required to guarantee, and have guaranteed, on a senior unsecured basis the 4¼% Notes, the 2¼% Notes and the 4⅛% Notes pursuant to the indentures (as supplemented as applicable) for the 4¼% Notes, the 2¼% Notes and the 4⅛% Notes.
The 1.4% Notes are not, and are not required to be, registered under the Securities Act of 1933, as amended.
    
The 1.4% Notes mature on April 1, 2026. Interest on the 1.4% Notes is payable semi-annually in cash on April 1 and October 1 of each year. The 1.4% Notes were issued pursuant to an indenture by and among Silgan, certain of our U.S. subsidiaries and Computershare Corporate Trust, as trustee and collateral agent, which indenture contains covenants that are generally less restrictive than those in the Credit Agreement and substantially similar to the covenants in the indentures for the 4¼% Notes, the 2¼% Notes and the 4⅛% Notes.
Prior to March 1, 2026 (one month prior to the maturity date of the 1.4% Notes, or the Par Call Date) the 1.4% Notes will be redeemable at a redemption price equal to the greater of (i) 100 percent of the principal amount of the 1.4% Notes to be redeemed and (ii) the principal amount of the 1.4% Notes plus a “make-whole” amount, plus, in each case, accrued and unpaid interest thereon to the redemption date. On or after the Par Call Date, the 1.4% Notes will be redeemable at a redemption price equal to 100 percent of the aggregate principal amount of any 1.4% Notes being redeemed, plus accrued and unpaid interest thereon to the redemption date.
We will be required to make an offer to repurchase the 1.4% Notes at a repurchase price equal to 101 percent of their principal amount, plus accrued and unpaid interest to the date of repurchase, upon the occurrence of a change of control repurchase event as provided in the indenture for the 1.4% Notes.
2¼% SENIOR NOTES

On February 26, 2020, we issued €500.0 million aggregate principal amount of our 2¼% Senior Notes due 2028, or the 2¼% Notes, at 100 percent of their principal amount.
The 2¼% Notes are guaranteed by our U.S. subsidiaries that guarantee the Credit Agreement, the 1.4% Notes, the 4¼% Notes and the 4⅛% Notes. The 2¼% Notes are not guaranteed by any of our subsidiaries that do not guarantee the Credit Agreement and the 1.4% Notes, any of our non-U.S. subsidiaries and any of our non-wholly owned subsidiaries. The guarantee of each subsidiary guarantor will be released to the extent such subsidiary no longer guarantees the Credit Agreement or when the 1.4% Notes are paid off on or before they mature on April 1, 2026, provided we do not issue any other debt securities for which a U.S. subsidiary provides a guarantee before that date.
The 2¼% Notes and the related guarantees are general senior unsecured obligations of us and the subsidiary guarantors, respectively, and are (i) effectively subordinated to all of our and the subsidiary guarantors’ existing and future secured indebtedness, including secured indebtedness under the Credit Agreement and the 1.4% Notes, to the extent of the value of the assets securing such indebtedness, (ii) equal in right of payment with all of our and the subsidiary guarantors’ existing and future senior indebtedness, including the 4¼% Notes and the 4⅛% Notes, (iii) senior to all of our and the subsidiary guarantors’ existing and future subordinated indebtedness, and (iv) structurally subordinated to the existing and future indebtedness and other liabilities (including trade payables) of our non-guarantor subsidiaries.

The 2¼% Notes will mature on June 1, 2028. Interest on the 2¼% Notes is payable semiannually in cash on January 15 and July 15 of each year. The 2¼% Notes were issued pursuant to an indenture by and among Silgan, U.S. Bank National Association, as trustee, U.S. Bank Europe DAC, UK Branch, as paying agent, and U.S. Bank Europe DAC, as registrar and transfer agent, which indenture contains covenants that are generally less restrictive than those in the Credit Agreement and substantially similar to the covenants in the indentures for the 4¼% Notes and the 4⅛% Notes.
The 2¼% Notes are redeemable, at our option, in whole or in part, at any time at 100 percent of their principal amount, plus accrued and unpaid interest to the redemption date.
We will be required to make an offer to repurchase the 2¼% Notes at a repurchase price equal to 101 percent of their principal amount, plus accrued and unpaid interest to the date of repurchase, upon the occurrence of a change of control repurchase event as provided in the indenture for the 2¼% Notes. In connection with any tender offer for, or any other offer to purchase, the 2¼% Notes (including a change of control repurchase event offer), if holders of no less than 90 percent of the aggregate principal amount of the then outstanding 2¼% Notes validly
tender their 2¼% Notes in such offer, we, or a third party making such offer, are entitled to redeem all remaining 2¼% Notes at the price offered to each holder (excluding any early tender, incentive or similar fee).

4⅛% SENIOR NOTES

On November 12, 2019, we issued $400.0 million aggregate principal amount of our 4⅛% Senior Notes due 2028, or the 4⅛% Notes, at 100 percent of their principal amount. On February 26, 2020, we issued an additional $200.0 million aggregate principal amount of the 4⅛% Notes at 99.5 percent of their principal amount, plus accrued and unpaid interest from November 12, 2019.
The 4⅛% Notes are guaranteed by our U.S. subsidiaries that guarantee the Credit Agreement, the 1.4% Notes, the 4¼% Notes and the 2¼% Notes. The 4⅛% Notes are not guaranteed by any of our subsidiaries that do not guarantee the Credit Agreement and the 1.4% Notes, any of our non-U.S. subsidiaries and any of our non-wholly owned subsidiaries. The guarantee of each subsidiary guarantor will be released to the extent such subsidiary no longer guarantees the Credit Agreement or when the 1.4% Notes are paid off on or before they mature on April 1, 2026, provided we do not issue any other debt securities for which a U.S. subsidiary provides a guarantee before that date.

The 4⅛% Notes and the related guarantees are general senior unsecured obligations of us and the subsidiary guarantors, respectively, and are (i) effectively subordinated to all of our and the subsidiary guarantors’ existing and future secured indebtedness, including secured indebtedness under the Credit Agreement and the 1.4% Notes, to the extent of the value of the assets securing such indebtedness, (ii) equal in right of payment with all of our and the subsidiary guarantors’ existing and future senior indebtedness, including the 4¼% Notes and the 2¼% Notes, (iii) senior to all of our and the subsidiary guarantors’ existing and future subordinated indebtedness, and (iv) structurally subordinated to the existing and future indebtedness and other liabilities (including trade payables) of our non-guarantor subsidiaries.

The 4⅛% Notes will mature on February 1, 2028. Interest on the 4⅛% Notes is payable semiannually in cash on April 1 and October 1 of each year. The 4⅛% Notes were issued pursuant to an indenture by and between Silgan and U.S. Bank National Association, as trustee, which indenture contains covenants that are generally less restrictive than those in the Credit Agreement and substantially similar to those in the indentures for the 4¼% Notes and the 2¼% Notes.

The 4⅛% Notes are redeemable, at our option, in whole or in part, at any time at 100 percent of their principal amount, plus accrued and unpaid interest to the redemption date.

We will be required to make an offer to repurchase the 4⅛% Notes at a repurchase price equal to 101 percent of their principal amount, plus accrued and unpaid interest to the date of repurchase, upon the occurrence of a change of control repurchase event as provided in the indenture for the 4⅛% Notes. In connection with any tender offer for, or any other offer to purchase, the 4⅛% Notes (including a change of control repurchase event offer), if holders of no less than 90 percent of the aggregate principal amount of the then outstanding 4⅛% Notes validly tender their 4⅛% Notes in such offer, we, or a third party making such offer, are entitled to redeem all remaining 4⅛% Notes at the price offered to each holder (excluding any early tender, incentive or similar fee).

3¼% SENIOR NOTES
On March 15, 2025, we repaid all €650.0 million aggregate principal amount of our 3¼% Notes, at 100 percent of their principal amount plus accrued and unpaid interest to the repayment date. We funded this repayment with Euro revolving loan borrowings under the Credit Agreement and cash on hand.
v3.25.4
FINANCIAL INSTRUMENTS
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
FINANCIAL INSTRUMENTS FINANCIAL INSTRUMENTS
The financial instruments recorded in our Consolidated Balance Sheets include cash and cash equivalents, trade accounts receivable, trade accounts payable, debt obligations and derivative instruments. Due to their short-term maturity, the carrying amounts of trade accounts receivable and trade accounts payable approximate their fair market values. The following table summarizes the carrying amounts and estimated fair values of our other significant financial instruments at December 31:
 20252024
 Carrying
Amount		Fair
Value		Carrying
Amount		Fair
Value
 (Dollars in thousands)
Assets:
Cash and cash equivalents$1,080,659 $1,080,659 $822,854 $822,854 
Liabilities:
Bank debt$1,934,055 $1,934,055 $1,817,675 $1,817,675 
4⅛% Notes599,695 590,628 599,564 572,646 
2¼% Notes587,200 575,174 517,750 494,239 
4¼% Notes704,640 715,210 — — 
1.4% Notes
499,985 495,750 499,930 476,260 

FAIR VALUE MEASUREMENTS
FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE
GAAP defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). GAAP classifies the inputs used to measure fair value into a hierarchy consisting of three levels. Level 1 inputs represent unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 inputs represent unadjusted quoted prices in active markets for similar assets or liabilities, or unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability. Level 3 inputs represent unobservable inputs for the asset or liability. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
The financial assets and liabilities that are measured on a recurring basis at December 31, 2025 and 2024 consist of our cash and cash equivalents and derivative instruments. We measured the fair value of cash and cash equivalents using Level 1 inputs. We measured the fair value of our derivative instruments using the income approach. The fair value of our derivative instruments reflects the estimated amounts that we would pay or receive based on the present value of the expected cash flows derived from market rates and prices. As such, these derivative instruments are classified within Level 2.
FINANCIAL INSTRUMENTS NOT MEASURED AT FAIR VALUE
Our bank debt, 4⅛% Notes, 2¼% Notes, 4¼% Notes and 1.4% Notes were recorded at historical amounts in our Consolidated Balance Sheets, as we have not elected to measure them at fair value. We measured the fair value of our variable rate bank debt using the market approach based on Level 2 inputs. Fair values of the 4⅛% Notes, 2¼% Notes, 4¼% Notes and 1.4% Notes were estimated based on the quoted market price, a Level 1 input.
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES
We utilize certain derivative financial instruments to manage a portion of our interest rate and natural gas cost exposures. We generally limit our use of derivative financial instruments to interest rate and natural gas swap agreements. We do not engage in trading or other speculative uses of derivative financial instruments.
Our interest rate and natural gas swap agreements are accounted for as cash flow hedges and changes in their fair values are recorded in accumulated other comprehensive loss, a component of stockholder's equity, and reclassified into earnings in future periods when earnings are affected by the variability of the hedged cash flows.
INTEREST RATE SWAP AGREEMENTS
From time to time, we enter into interest rate swap agreements to manage a portion of our exposure to interest rate fluctuations, effectively converting interest rate exposure from variable rates to fixed rates of interest.
In 2018, we entered into $100.0 million aggregate notional principal amount of U.S. dollar interest rate swap agreements, which matured in March 2023 and had a fixed rate of 2.878 percent. In March 2023, we entered into $300.0 million aggregate notional principal amount of U.S. dollar interest rate swap agreements which mature in April 2026. These agreements have a weighted average fixed rate of 3.90 percent and were entered into with financial institutions which are expected to fully perform under the terms thereof. In October 2024, we entered into €685.0 million aggregate notional principal amount of Euro interest rate swap agreements to manage a portion of our exposure to interest rate fluctuations for our Euro term loans under the Credit Agreement. These agreements mature as follows: €35.0 million in October 2026; €70.0 million in October 2027; and €580.0 million in October 2030. These agreements have a weighted average fixed rate of 2.43 percent and were entered into with financial institutions which are expected to fully perform under the terms thereof.
The difference between amounts to be paid or received on interest rate swap agreements is recorded in interest and other debt expense in our Consolidated Statements of Income, and such difference was not significant for each of the years ended December 31, 2025, 2024 and 2023. The total fair value of our interest rate swap agreements at December 31, 2025 and 2024 was not significant.
NATURAL GAS SWAP AGREEMENTS
We have entered into natural gas swap agreements with a major financial institution to manage a portion of our exposure to fluctuations in natural gas prices. The difference between amounts to be paid or received on natural gas swap agreements is recorded in cost of goods sold in our Consolidated Statements of Income and was not significant for each of the years ended December 31, 2025, 2024 and 2023. These agreements are with financial institutions which are expected to fully perform under the terms thereof. The total fair value of our natural gas swap agreements in effect at December 31, 2025 and 2024 was not significant.
FOREIGN CURRENCY EXCHANGE RATE RISK
    In an effort to minimize foreign currency exchange rate risk, we have financed acquisitions of foreign operations primarily with borrowings denominated in Euros. In addition, where available, we have borrowed funds in local currency or implemented certain internal hedging strategies to minimize our foreign currency exchange rate risk related to foreign operations, including net investment hedges related to the Euro term loans under the Credit Agreement and our Euro denominated senior notes. Foreign currency (losses) gains related to our net investment hedges included in accumulated other comprehensive loss were $(142.3) million, $61.3 million and $(17.3) million for the years ended December 31, 2025, 2024 and 2023, respectively.
CONCENTRATION OF CREDIT RISK
We derive a significant portion of our revenue from multi-year supply agreements with many of our customers. Aggregate revenues from our two largest customers (Nestlé S.A. and Campbell Soup Company) accounted for approximately 20.4 percent, 20.3 percent and 19.8 percent of our net sales in 2025, 2024 and 2023, respectively. The receivable balances from these customers collectively represented 3.3 percent and 2.8 percent of our trade accounts receivable at December 31, 2025 and 2024, respectively. As is common in the packaging industry, we provide extended payment terms to some of our customers due to the seasonality of the vegetable and fruit packing process. Exposure to losses is dependent on each customer’s financial position. We perform ongoing credit evaluations of our customers’ financial condition, and our receivables are generally not collateralized. We maintain an allowance for doubtful accounts which we believe is adequate to cover potential credit losses based on customer credit evaluations, collection history and other information. Accounts receivable are considered past due based on the original due date and write-offs occur only after all reasonable collection efforts are exhausted.
v3.25.4
COMMITMENTS AND CONTINGENCIES
 12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES
We have noncancelable operating leases for office and plant facilities, equipment and automobiles that expire at various dates through 2040. Certain operating leases have renewal options and rent escalation clauses as well as various purchase options.

Lease right-of-use assets represent the right to use an underlying asset pursuant to the lease for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. Lease right-of-use assets and lease liabilities are recognized at the commencement of an arrangement where it is determined at inception that a lease exists. These assets and liabilities are initially recognized based on the present value of lease payments over the lease term calculated using our incremental borrowing rate generally applicable to the location of the lease right-of-use asset, unless an implicit rate is readily determinable. We combine lease and certain non-lease components in determining the lease payments subject to the initial present value calculation. Lease right-of-use assets include upfront lease payments and exclude lease incentives, where applicable. Lease terms include options to extend or terminate the lease when it is reasonably certain that those options will be exercised.
Lease expense for operating leases consists of both fixed and variable components. Expense related to fixed lease payments is recognized on a straight-line basis over the lease term. Variable lease payments are generally expensed as incurred, where applicable, and include certain index-based changes in rent, certain non-lease components, such as maintenance and other services provided by the lessor, and other charges included in the lease. Leases with an initial term of twelve months or less are not recorded on the balance sheet. The depreciable life of lease right-of-use assets is generally the expected lease term, unless there is a transfer of title or purchase option reasonably certain of exercise for such assets.
We recognized total lease expense of $112.7 million, $100.7 million and $98.4 million for the years ended December 31, 2025, 2024 and 2023, respectively, primarily related to operating lease costs paid to lessors from operating cash flows. Right-of-use assets obtained in exchange for new operating lease liabilities, a non-cash item, were $90.6 million, $41.7 million and $67.3 million for the years ended December 31, 2025, 2024 and 2023, respectively.

Operating lease right-of-use assets were recorded in our Consolidated Balance Sheets as other assets, net of $255.6 million and $206.1 million as of December 31, 2025 and 2024, respectively. Operating lease liabilities of $270.2 million and $220.5 million were recorded in our Consolidated Balance Sheets as accrued liabilities of $50.7 million and $48.9 million and other liabilities of $219.5 million and $171.6 million as of December 31, 2025 and 2024, respectively. At December 31, 2025, our operating leases had a weighted average discount rate of 5.2 percent and a weighted average remaining lease term of approximately 7 years.

To a lesser extent, we have certain leases that qualify as finance leases. Finance lease right-of-use assets were recorded in our Consolidated Balance Sheets as property, plant and equipment, net of $39.7 million and $38.4 million as of December 31, 2025 and 2024, respectively. Finance lease liabilities of $38.8 million and $41.7 million were recorded in our Consolidated Balance Sheets as current portion of long term-debt of $3.7 million and $4.5 million as of December 31, 2025 and 2024, respectively, and long-term debt of $35.1 million and $37.2 million as of December 31, 2025 and 2024, respectively. At December 31, 2025, our finance leases had a weighted average discount rate of 4.4 percent and a weighted average remaining lease term of approximately 12 years.
The aggregate annual maturities of lease liabilities are as follows (dollars in thousands):
OperatingFinance
LeasesLeases
2026$66,368 $5,295 
202753,409 4,504 
202842,076 3,952 
202933,522 3,755 
203030,396 3,295 
Thereafter97,315 30,171 
Total lease payments323,086 50,972 
     Less imputed interest (52,851)(12,188)
Total$270,235 $38,784 

At December 31, 2025, we did not have any significant operating or finance leases that had not commenced.
At December 31, 2025, we had noncancelable commitments for capital expenditures in 2026 of $36.0 million.
We are a party to other legal proceedings, contract disputes and claims arising in the ordinary course of our business. We are not a party to, and none of our properties are subject to, any pending legal proceedings which could have a material adverse effect on our business or financial condition.
v3.25.4
SUPPLY CHAIN FINANCE PROGRAM
 12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
SUPPLY CHAIN FINANCE PROGRAM SUPPLY CHAIN FINANCE PROGRAM
We have a supply chain finance (SCF) program with a major global financial institution. Under this SCF program, a qualifying supplier may elect, but is not obligated, to sell its receivables from us to such financial institution. Once a qualifying supplier elects to participate in this SCF program, all of our payments to the participating supplier are paid to such financial institution in this SCF program on the invoice due date under our agreement with such supplier, regardless of whether the individual invoice was sold by the supplier to such financial institution. We may terminate our agreement with such financial institution upon at least 30 days’ notice, and such financial institution may terminate our agreement upon at least 10 days’ notice. Additionally, suppliers who elect to participate in this SCF program may terminate their participation upon at least 30 days’ notice. The suppliers' receivables sold under this SCF program can be outstanding up to 210 days from the invoice date. Suppliers’ receivables included in this SCF program were $438.5 million and $303.7 million at December 31, 2025 and 2024, respectively, and were included in accounts payable in our Consolidated Balance Sheets.

The outstanding obligations confirmed under our SCF program were as follows:
20252024
 (Dollars in thousands)
Confirmed obligations outstanding at the beginning of the year$303,707 $330,153 
Invoices confirmed during the year706,840 575,592 
Confirmed invoices paid during the year(572,033)(602,038)
Obligations outstanding at the end of the year$438,514 $303,707 
v3.25.4
RETIREMENT BENEFITS
 12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
RETIREMENT BENEFITS RETIREMENT BENEFITS
We sponsor a number of defined benefit and defined contribution pension plans which cover substantially all U.S. employees, other than union employees covered by multiemployer defined benefit pension plans under collective bargaining agreements. Pension benefits are provided based on either a career average, final pay or years of service formula. With respect to certain hourly employees, pension benefits are provided based on stated amounts for each year of service. Our U.S. salaried pension plans are closed to new employees.
We also sponsor other postretirement benefits plans, including unfunded defined benefit health care and life insurance plans, which provide postretirement benefits to certain employees. The plans are contributory, with retiree contributions adjusted annually, and contain cost sharing features including deductibles and coinsurance. Retiree health care benefits are paid as covered expenses are incurred.
The changes in benefit obligations and plan assets as well as the funded status of our retirement plans at December 31 were as follows:
 Pension BenefitsOther
Postretirement Benefits
 2025202420252024
 (Dollars in thousands)
Change in benefit obligation
Obligation at beginning of year$653,971 $698,726 $11,955 $13,373 
Service cost7,467 8,415 13 27 
Interest cost32,559 33,868 428 644 
Actuarial losses (gains)8,000 (18,748)(2,529)(65)
Special termination benefits— — — — 
Plan amendments36 — (38)(339)
Curtailment gain(1,346)(239)— — 
Benefits paid(49,494)(62,056)(1,247)(1,703)
Participants’ contributions— — 1 18 
Foreign currency exchange rate changes12,231 (5,995)— — 
Obligation at end of year663,424 653,971 8,583 11,955 
Change in plan assets
Fair value of plan assets at beginning of year769,630 807,016 — — 
Actual return on plan assets57,200 21,689 — — 
Employer contributions3,169 2,981 1,246 1,685 
Participants’ contributions— — 1 18 
Benefits paid(49,494)(62,056)(1,247)(1,703)
Fair value of plan assets at end of year780,505 769,630 — — 
Funded status$117,081 $115,659 $(8,583)$(11,955)
Actuarial losses (gains) related to pension benefits were primarily the result of changes in discount rates used to calculate projected benefit obligations.
 Pension BenefitsOther
Postretirement Benefits
 2025202420252024
 (Dollars in thousands)
Amounts recognized in the consolidated
balance sheets
Non-current assets$208,100 $206,800 $— $— 
Current liabilities(3,735)(3,009)(1,643)(1,299)
Non-current liabilities(87,284)(88,132)(6,940)(10,656)
Net amount recognized$117,081 $115,659 $(8,583)$(11,955)
Amounts recognized in accumulated
other comprehensive loss
Net actuarial loss (gain)$155,043 $170,649 $(6,192)$(4,443)
Prior service cost (credit)101 234 (318)(340)
Net amount recognized$155,144 $170,883 $(6,510)$(4,783)
The fair value of plan assets for our domestic pension plans was approximately 136 percent and 137 percent of their projected benefit obligations at December 31, 2025 and 2024, respectively. Pension plans with projected benefit obligations in excess of plan assets at December 31, 2025 and 2024 consisted entirely of our international pension benefit plans which are not funded. The projected benefit obligation for our international pension benefit plans was $91.0 million and $91.1 million at December 31, 2025 and 2024, respectively.
The accumulated benefit obligation for all pension benefit plans at December 31, 2025 and 2024 was $652.4 million and $639.7 million, respectively. Pension plans with accumulated benefit obligations in excess of plan assets at December 31, 2025 and 2024 consisted entirely of our international pension benefit plans which are not funded. The accumulated benefit obligation for our international pension benefit plans was $88.8 million and $86.5 million at December 31, 2025 and 2024, respectively.
The benefits expected to be paid from our pension and other postretirement benefit plans, which reflect future years of service, are as follows (dollars in thousands):
Pension
Benefits		Other
Postretirement
Benefits
2026$48,749 $1,643 
202749,563 1,013 
202850,119 892 
202950,542 819 
203050,857 762 
2031-2035249,093 3,044 
$498,923 $8,173 
Our principal domestic pension and other postretirement benefit plans used the following weighted average actuarial assumptions to determine the benefit obligations at December 31:
20252024
Discount rate5.4 %5.7 %
Expected return on plan assets5.5 %5.5 %
Rate of compensation increase3.3 %2.4 %
Health care cost trend rate:
Assumed for next year6.8 %5.0 %
Ultimate rate4.0 %4.0 %
Year that the ultimate rate is reached20482043
Our expected return on plan assets is determined by current and expected asset allocation of plan assets, estimates of future long-term returns on those types of plan assets and historical long-term investment performance.
Our international pension benefit plans used a discount rate of 4.3 percent and 3.6 percent as of December 31, 2025 and 2024, respectively, and a rate of compensation increase of 4.1 percent to determine the benefit obligation as of each of December 31, 2025 and 2024.
The components of the net periodic benefit cost (credit) for each of the years ended December 31 were as follows:
 Pension BenefitsOther Postretirement Benefits
 202520242023202520242023
 (Dollars in thousands)
Service cost$7,467 $8,415 $8,573 $13 $27 $50 
Interest cost32,559 33,868 34,725 428 644 745 
Expected return on plan assets(41,047)(43,085)(40,781)— — — 
Amortization of prior service cost
(credit)
78 90 97 (59)(20)(948)
Amortization of actuarial losses
(gains)
7,336 7,917 11,638 (781)(361)(617)
Special termination benefits— — 577 — — — 
Curtailment gain(1,346)(244)— — — (1,103)
Net periodic benefit cost (credit)$5,047 $6,961 $14,829 $(399)$290 $(1,873)
Our principal domestic pension and other postretirement benefit plans used the following weighted average actuarial assumptions to determine net periodic benefit cost (credit) for the years ended December 31:
 
202520242023
Discount rate5.7 %5.3 %5.6 %
Expected return on plan assets5.5 %5.5 %5.5 %
Rate of compensation increase2.4 %2.4 %2.4 %
Health care cost trend rate5.0 %5.0 %5.0 %
Our international pension benefit plans used a discount rate of 3.6 percent, 3.6 percent and 4.2 percent for the years ended December 31, 2025, 2024 and 2023, respectively, and a rate of compensation increase of 4.1 percent, 4.1 percent and 3.9 percent to determine net periodic benefit cost (credit) for the years ended December 31, 2025, 2024 and 2023, respectively.

MULTIEMPLOYER PENSION PLANS
In 2025, we participated in two multiemployer pension plans which provide defined benefits to certain of our union employees. The aggregate amount contributed to these plans and charged to pension cost in 2025, 2024 and 2023 was $3.0 million, $3.2 million and $3.6 million, respectively.
The risks of participating in multiemployer plans are different from the risks of single-employer plans in the following respects: (i) assets contributed to a multiemployer plan by one employer may be used to provide benefits to employees of other participating employers; (ii) if a participating employer ceases to contribute to the plan, the unfunded obligations of the plan may be borne by the remaining participating employers; and (iii) if we cease to have an obligation to contribute to the multiemployer plan in which we had been a contributing employer, we may be required to pay to the plan an amount (referred to as a withdrawal liability) based on the underfunded status of the plan and on our historical participation in the plan prior to the cessation of our obligation to contribute.
Further information on the multiemployer plans we participated in during the years ended December 31, 2025, 2024 and 2023 is as follows:
Pension FundEIN/Pension Plan
Number		Pension
Protection
Act Zone
Status		FIP / RP
Status
Pending /
Implemented		ContributionsSurcharge
Imposed
20252024202520242023
     (Dollars in thousands) 
IAM National Pension Fund (1)
51-6031295/002RedRedImplemented2,538 2,624 2,626 No
Western Conference of Teamsters Pension Plan (2)
91-6145047/001GreenGreenN/A463 580 1,008 No
Total Contributions$3,001 $3,204 $3,634 
______________________
(1)    The applicable collective bargaining agreements related to this pension fund expire at various times through April 30, 2028. Although this pension fund was formally certified in the yellow zone in 2019, the trustees of this pension fund voluntarily elected to place this pension fund in the red zone to take advantage of certain provisions of the Pension Protection Act even though this pension fund had a funded status of 87 percent, 87 percent and 88 percent at the beginning of 2022, 2023 and 2024, respectively.
(2)    The applicable collective bargaining agreement related to this pension plan expires on September 30, 2028.
The “EIN/Pension Plan Number” column provides the Employer Identification Number and the three digit plan number assigned to a plan by the Internal Revenue Service. The most recent Pension Protection Act Zone Status available for 2025 and 2024 is for plan years that ended in 2024 and 2023, respectively. The zone status is based on information provided to us and other participating employers by each plan and is certified by the plan’s actuary. A plan in the “red” zone has been determined to be in “critical” or “critical and declining” status, based on criteria established under the Internal Revenue Code of 1986, as amended (the “Code”), and is generally less than 65 percent funded. A plan in the "green zone" is at least 80 percent funded. The “FIP/RP Status Pending/Implemented” column indicates whether a rehabilitation plan, as required under the Code to be adopted by plans in the “red” zone, is pending or has been implemented as of the end of the 2025 plan year. The “Surcharge Imposed” column indicates whether our contribution rate for 2025 included an amount in addition to the contribution rate specified in the applicable collective bargaining agreement, as imposed by a plan in “critical” or “critical and declining” status in accordance with the requirements of the Code.
Our contributions to the IAM National Pension Fund and the Western Conference of Teamsters Pension Plan were less than five percent of total contributions made by all employers to these plans, as reported by these plans for the year ended December 31, 2024, the most recent plan year available. We do not expect our contributions to the IAM National Pension Fund and the Western Conference of Teamsters Pension Plan for the year ended December 31, 2026 to be significantly different from our contributions for the year ended December 31, 2025.

DEFINED CONTRIBUTION PLANS
We also sponsor defined contribution plans covering certain employees. Our contributions to these plans are based upon employee contributions and operating profitability. Contributions charged to expense for these plans for the years ended December 31, 2025, 2024 and 2023 were $16.2 million, $14.9 million and $16.4 million, respectively.
PLAN ASSETS
INVESTMENT STRATEGY
In 2023, we changed our investment allocations to a liability driven investment strategy that more closely matches plan assets with plan liabilities primarily using long duration fixed income securities. As of December 31, 2025, approximately 83 percent of our plan assets were held in a designated liability-hedging oriented portfolio focused on holding fixed income securities (generally investment grade), and approximately 17 percent of our plan assets were held in a designated growth oriented portfolio focused on holding an allocation of mutual funds and exchange traded funds broadly characterized as a 60 percent/40 percent allocation between equity and fixed income securities.
We attempt to mitigate investment risk by reviewing our investment portfolio on at least a quarterly basis, with assets re-allocated as required to adhere to our target allocations.
The weighted average asset allocation for our pension plans at December 31, 2025 and 2024 and target allocation for 2025 were as follows:
 Target
Allocation		Actual Allocation
 20252024
Fixed income securities89 %88 %87 %
Equity securities—US6 %6 %7 %
Equity securities—International3 %3 %3 %
Cash and cash equivalents2 %3 %3 %
100 %100 %100 %
FAIR VALUE MEASUREMENTS
As of December 31, 2025 and 2024, (i) our plan assets classified as fixed income securities were primarily invested in individual corporate bonds and notes and in U.S. government issued securities; (ii) our plan assets classified as equity securities were primarily invested in mutual funds and exchange traded funds; and (iii) our plan assets classified as cash and cash equivalents were primarily invested in short term investment funds which included investments in cash, bank notes, corporate notes, government bills and various short-term fixed income instruments. As of December 31, 2025 and 2024, $255.0 million and $220.9 million, respectively, of our plan assets were classified within Level 1 of the fair value hierarchy (as described in Note 10) and $525.5 million and $548.7 million, respectively, were classified as Level 2 of the fair value hierarchy.
The fair value of our plan assets by asset category consisted of the following at December 31:
20252024
 (Dollars in thousands)
Fixed income securities$686,724 $669,645 
Equity securities—US43,757 51,603 
Equity securities—International26,504 24,127 
Cash and cash equivalents23,520 24,255 
$780,505 $769,630 
CONCENTRATIONS OF CREDIT RISK
As of December 31, 2025, our plan assets were under the management of four investment management companies. No individual investment exceeded ten percent of our total plan assets.
EXPECTED CONTRIBUTIONS
Based on current legislation, there are no significant minimum required contributions to our pension benefit plans in 2025. In addition, based on the current funded status of our domestic pension benefit plans we do not expect to make significant contributions to these plans in 2026. However, this estimate may change based on regulatory changes and actual plan asset returns.
v3.25.4
INCOME TAXES
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
INCOME TAXES INCOME TAXES
Income before income taxes was taxed in the following jurisdictions in each of the years ended December 31:
202520242023
 (Dollars in thousands)
Domestic$206,998 $193,938 $253,916 
Foreign201,504 153,732 168,205 
Total$408,502 $347,670 $422,121 
The components of the provision (benefit) for income taxes were as follows:
 
202520242023
 (Dollars in thousands)
Current:
Federal$24,381 $39,590 $10,847 
State6,469 7,927 (529)
Foreign73,131 57,515 52,730 
Current income tax provision103,981 105,032 63,048 
Deferred:
Federal10,875 (15,847)29,337 
State6,979 (2,218)7,957 
Foreign1,424 (14,990)(4,186)
Deferred income tax provision (benefit) 19,278 (33,055)33,108 
$123,259 $71,977 $96,156 

The provision for income taxes varied from income taxes computed at the statutory U.S. federal income tax rate as a result of the following:
2025
 (Dollars in thousands)
Income taxes computed at the statutory
    U.S. federal income tax rate		$85,785 21.0 %
State income taxes, net of federal tax benefit12,041 2.9 
Foreign tax effects
Brazil
Statutory income tax rate differential3,652 0.9 
Other1,265 0.3 
Germany
Changes in valuation allowances12,806 3.1 
Other(589)(0.1)
Other foreign jurisdictions15,303 3.7 
Effect of cross-border tax laws
Foreign-derived intangible income
    deduction		(2,565)(0.6)
Tax credits
Renewable energy credit(5,320)(1.3)
Research and development credit(1,250)(0.3)
Nontaxable or nondeductible items507 0.1 
Changes in unrecognized tax benefits(474)(0.1)
Other adjustments2,098 0.6 
Effective tax rate$123,259 30.2 %

20242023
 (Dollars in thousands)
Income taxes computed at the statutory
    U.S. federal income tax rate		$73,011 $88,646 
State income taxes, net of federal tax benefit2,551 5,551 
Tax liabilities no longer required (2,838)(4,071)
Valuation allowance11,291 2,287 
Tax credit refunds, net(5,098)(2,684)
Foreign earnings taxed at other than 21%(4,144)9,993 
Deferred tax rate changes1,326 (3,133)
Other(4,122)(433)
$71,977 $96,156 
Effective tax rate20.7 %22.8 %
Deferred income taxes reflect the net tax effect of temporary differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Significant components of our deferred tax assets and liabilities at December 31 were as follows:
20252024
 (Dollars in thousands)
Deferred tax assets:
Pension and other postretirement liabilities$12,460 $15,621 
Rationalization and other accrued liabilities60,005 49,115 
AMT and other credit carryforwards6,236 6,102 
Net operating loss carryforwards98,478 80,853 
Other intangible assets1,326 2,288 
Foreign currency translation16,237 — 
Property, plant and equipment1,599 1,703 
Inventory and related reserves2,882 2,852 
Long term operating lease liabilities67,637 51,449 
Other25,384 41,331 
Total deferred tax assets292,244 251,314 
Deferred tax liabilities:
Property, plant and equipment(280,701)(283,505)
Pension and other postretirement liabilities(46,533)(45,835)
Other intangible assets(245,599)(223,672)
Rationalization and other accrued liabilities(931)(1,537)
Operating lease right of use assets(64,892)(48,788)
Inventory and related reserves(11,873)(11,723)
Foreign currency translation— (24,830)
Other(25,180)(14,609)
Total deferred tax liabilities(675,709)(654,499)
Valuation allowance(116,078)(91,340)
$(499,543)$(494,525)
At December 31, 2025, the net deferred tax liability in our Consolidated Balance Sheets was comprised of long-term deferred tax assets of $2.3 million and long-term deferred tax liabilities of $501.8 million. At December 31, 2024, the net deferred tax liability in our Consolidated Balance Sheets was comprised of long-term deferred tax assets of $11.1 million and long-term deferred tax liabilities of $505.6 million. Long-term deferred tax assets were classified as other assets, net in our Consolidated Balance Sheets.
The valuation allowance in 2025 includes deferred tax assets of $116.1 million resulting from state and foreign net operating loss carryforwards, or NOLs. The valuation allowance for deferred tax assets increased in 2025 by $24.8 million primarily due to an increase in the valuation allowance related to foreign NOLs.
At December 31, 2025, we had foreign NOLs of approximately $88.3 million that are available to offset future taxable income. Of that amount, approximately $16.0 million will expire from 2026 to 2037. The remaining portion has no expiration date. At December 31, 2025, we had federal and state tax NOLs of approximately $15.5 million that are available to offset future taxable income and that will expire from 2026 to 2043.
We recognize accrued interest and penalties related to unrecognized taxes as additional income tax expense. At each of December 31, 2025 and 2024, we had $1.0 million accrued for potential interest and penalties.
The total amount of unrecognized tax benefits recorded in other liabilities as of December 31, 2025 and 2024 were $8.5 million and $8.6 million, respectively, excluding associated tax assets and including the federal tax benefit of state taxes, interest and penalties.
Tax assets associated with uncertain tax positions primarily represent our estimate of the potential tax benefits in one tax jurisdiction that could result from the payment of income taxes in another jurisdiction. At December 31, 2025 and 2024, we had approximately $7.7 million and $7.2 million, respectively, in assets associated with uncertain tax positions recorded in other assets, net in our Consolidated Balance Sheets.
A reconciliation of the beginning and ending amount of gross unrecognized tax benefits included as other liabilities in our Consolidated Balance Sheets was as follows:
20252024
 (Dollars in thousands)
Balance at January 1,$12,861 $17,401 
Decrease based upon tax positions of current year— (4,245)
Increase based upon tax positions of a prior year328 698 
Decrease based upon a lapse in the statute of limitations(426)(993)
Balance at December 31,$12,763 $12,861 
The total amount of unrecognized tax benefits that would impact the effective tax rate, if recognized, at December 31, 2025 and 2024 were $12.8 million and $12.9 million, respectively.
Silgan and its subsidiaries file U.S. federal income tax returns, as well as income tax returns in various states and foreign jurisdictions. We expect the Internal Revenue Service, or IRS, will complete its review of the 2024 tax year with no change to our filed tax return. We have been accepted into the Compliance Assurance Program for the 2025 and 2026 tax years which provides for the review by the IRS of tax matters relating to our tax return prior to filing. We are subject to examination by state and local tax authorities generally for the period mandated by statute, with the exception of states where waivers of the statute of limitations have been executed. The earliest open period for a state audit is 2018. Our foreign subsidiaries are generally not subject to examination by tax authorities for periods before 2012, and we have contractual indemnities with third parties with respect to open periods that predate our ownership of certain foreign subsidiaries. Subsequent periods may be examined by the relevant tax authorities.
For certain of our foreign subsidiaries where we expect to be indefinitely reinvested, we estimate that the unremitted earnings as of December 31, 2025 with respect to such foreign subsidiaries are approximately $138.6 million. The amount of unrecognized deferred tax liabilities on these indefinitely reinvested earnings is estimated to be approximately $7.9 million.
Income taxes paid, net of refunds for the year ended December 31, 2025 were as follows (dollars in thousands):

U.S federal$19,246 
U.S. state and local9,855 
Foreign
Brazil10,690 
Canada9,094 
Germany11,582 
Italy12,664 
Netherlands5,302 
Spain6,592 
Other foreign jurisdictions18,653 
$103,678 
v3.25.4
STOCK-BASED COMPENSATION
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
The Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan, or the Plan, provides for awards of stock options, stock appreciation rights, restricted stock, restricted stock units and performance awards to our officers, other key employees and outside directors. Prior to the Plan, we had a previous stock-based compensation plan which expired, but under which restricted stock units and performance awards granted prior to such expiration remain outstanding pursuant to their terms.
Shares of our common stock issued under the Plan shall be authorized but unissued shares or treasury shares. The maximum aggregate number of shares of our common stock that may be issued in connection with stock options, stock appreciation rights, restricted stock, restricted stock units and performance awards under the Plan shall not exceed 3,410,184 shares. Each award of stock options or stock appreciation rights under the Plan will reduce the number of shares of our common stock available for future issuance under the Plan by the number of shares of our common stock subject to the award. Each award of restricted stock or restricted stock units under the Plan, in contrast, will reduce the number of shares of our common stock available for future issuance under the Plan by two shares for every one restricted share or restricted stock unit awarded. As of December 31, 2025, 1,613,308 shares were available to be awarded under the Plan.
We measure the cost of employee services received in exchange for an award of equity instruments based on the grant date fair value of the award. The cost is recognized over the period during which an employee is required to provide service in exchange for the award, usually the vesting period. Stock-based compensation expense for the years ended December 31, 2025, 2024 and 2023 recorded in selling, general and administrative expenses was $18.0 million, $15.5 million and $15.6 million, respectively.
RESTRICTED STOCK UNITS
Restricted stock units issued are generally accounted for as fixed grants and, accordingly, the fair value at the grant date is being amortized ratably over the respective vesting period. The maximum contractual vesting period for restricted stock units outstanding at December 31, 2025 is five years. Unvested restricted stock units may not be disposed of or transferred during the vesting period. Restricted stock units carry with them the right to receive, upon vesting, dividend equivalents.
The table below summarizes restricted stock unit activity for the year ended December 31, 2025:
Restricted
Stock Units		Weighted
Average
Grant Date
Fair Value
Restricted stock units outstanding at December 31, 2024
1,100,697 $43.16 
Granted808,835 53.12 
Released(325,808)41.79 
Forfeited(206,620)46.98 
Restricted stock units outstanding at December 31, 2025
1,377,104 48.76 
The weighted average grant date fair value of restricted stock units granted during 2024 and 2023 was $44.66 and $46.12, respectively. The fair value of restricted stock units released during the years ended December 31, 2025, 2024 and 2023 was $17.6 million, $20.7 million and $25.7 million, respectively.
As of December 31, 2025, there was approximately $47.0 million of total unrecognized compensation expense related to restricted stock units. This cost is expected to be recognized over a weighted average period of 2.2 years.
v3.25.4
CAPITAL STOCK
 12 Months Ended
Dec. 31, 2025
Stockholders' Equity Note [Abstract]  
CAPITAL STOCK CAPITAL STOCK
CAPITAL STOCK
At December 31, 2025, our authorized capital stock consists of 400,000,000 shares of common stock, par value $0.01 per share, and 10,000,000 shares of preferred stock, par value of $0.01 per share.
TREASURY STOCK
On March 4, 2022, our Board of Directors authorized the repurchase by us of up to an aggregate of $300.0 million of our common stock by various means from time to time through and including December 31, 2026. In 2025, we repurchased a total of 1,551,209 shares of our common stock at an average price per share of $43.84, for a total purchase price of $68.0 million pursuant to this authorization until the date this authorization was replaced by a new authorization. We did not repurchase any of our shares of common stock in 2024. In 2023, we repurchased a total of 3,893,098 shares of our common stock at an average price per share of $44.86, for a total purchase price of $174.6 million pursuant to this authorization.
On November 5, 2025, our Board of Directors authorized the repurchase by us of up to an aggregate of $500.0 million of our common stock by various means from time to time through and including December 31, 2029. This new authorization replaced the prior authorization which had $25.3 million remaining for the repurchase of our common stock. Pursuant to this new authorization, we did not repurchase any of our shares of common stock in the fourth quarter of 2025. Accordingly, at December 31, 2025, we had approximately $500.0 million remaining for the repurchase of our common stock under this new authorization.
In 2025, 2024 and 2023, we issued 325,808 treasury shares, 470,788 treasury shares and 490,242 treasury shares, respectively, at an average cost of $3.20 per share, $3.19 per share and $3.19 per share, respectively, for restricted stock units that vested during these years. In 2025, 2024 and 2023, we repurchased 127,278 shares, 176,093 shares and 176,196 shares of our common stock, respectively, at an average cost of $54.00 per share, $43.92 per share and $52.62 per share, respectively, in accordance with our stock-based compensation plans to satisfy employee withholding tax requirements resulting from certain restricted stock units becoming vested.
We account for treasury shares using the FIFO cost method. As of December 31, 2025, 69,670,525 shares of our common stock were held in treasury.
v3.25.4
EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The components of the calculation of earnings per share were as follows:
202520242023
 (Dollars and shares in thousands)
Net income$288,403 $276,378 $325,965 
Weighted average number of shares used in:
Basic earnings per share106,541 106,794 108,821 
Dilutive common stock equivalents:
Restricted stock units244 324 416 
Diluted earnings per share106,785 107,118 109,237 
v3.25.4
BUSINESS SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
BUSINESS SEGMENT INFORMATION BUSINESS SEGMENT INFORMATION
We are engaged in the packaging industry and report our results in three segments, which are our reportable segments: dispensing and specialty closures; metal containers; and custom containers. The dispensing and specialty closures segment manufactures an extensive range of dispensing systems and specialty closures for fragrance and beauty, food, beverage, personal and health care, home care and lawn and garden products. The metal containers segment manufactures steel and aluminum containers for pet and human food and general line products. The custom containers segment manufactures custom designed plastic containers for pet and human food, consumer health and pharmaceutical, personal care, home care, lawn and garden and automotive products. These segments are strategic business operations that are managed separately to maximize the production, technology and marketing of their packaging products. This is consistent with how our chief operating decision maker, who is our Chief Executive Officer and President, allocates resources and makes decisions. Our dispensing and specialty closures segment operates in North and South America, Europe and Asia. Our metal containers segment operates primarily in North America and Europe. Our custom containers segment operates in North America. The accounting policies of the business segments are the same as those described in Note 1.

Our chief operating decision maker evaluates performance of our business segments and allocates resources based on the adjusted EBIT of our business segments. Adjusted EBIT is not a defined term under GAAP. Adjusted EBIT is defined as income before interest and income taxes excluding acquired intangible asset amortization expense, other pension (income) expense for U.S. pension plans, rationalization charges, the impact from charges for the write-up of acquired inventory required under purchase accounting and costs attributed to announced acquisitions and including, as applicable, equity in earnings of affiliates, net of tax. Adjusted EBIT should not be considered in isolation or as a substitute for income before interest and income taxes or any other financial data prepared in accordance with GAAP and may not be comparable to calculations of similarly titled measures by other companies.
Reportable segment information for each of the past three years is as follows:
Dispensing and Specialty ClosuresMetal
Containers		Custom ContainersCorporateTotal
 (Dollars in thousands)
2025
Net sales$2,707,244 $3,138,318 $637,604 $— $6,483,166 
Segment expenses and other (a)
2,290,462 2,877,948 547,659 46,997 5,763,066 
Equity in earnings of affiliates,
net of tax
3,160 — — — 3,160 
Adjusted EBIT419,942 260,370 89,945 (46,997)723,260 
Depreciation147,313 72,769 34,071 387 254,540 
Segment assets5,815,628 2,679,769 777,865 45,391 9,318,653 
Capital expenditures188,186 90,995 26,701 1,210 307,092 
2024
Net sales$2,304,370 $2,900,678 $649,646 $— $5,854,694 
Segment expenses and other (a)
1,939,445 2,658,257 568,668 30,815 5,197,185 
Equity in earnings of affiliates,
net of tax
685 — — — 685 
Adjusted EBIT365,610 242,421 80,978 (30,815)658,194 
Depreciation109,956 77,389 35,757 162 223,264 
Segment assets5,376,183 2,309,297 805,657 45,082 8,536,219 
Capital expenditures126,185 104,701 31,842 58 262,786 
2023
Net sales$2,221,430 $3,140,830 $625,945 $— $5,988,205 
Segment expenses and other (a)
1,880,786 2,858,428 562,628 25,810 5,327,652 
Adjusted EBIT340,644 282,402 63,317 (25,810)660,553 
Depreciation101,664 73,558 34,846 74 210,142 
Segment assets4,437,833 2,178,416 898,582 46,270 7,561,101 
Capital expenditures110,073 95,260 20,474 1,003 226,810 
______________________
(a)    Segment expenses and other includes cost of goods sold, selling, general and administrative expenses, and other pension and postretirement (income) expense and excludes acquired intangible asset amortization expense, other pension (income) expense only for U.S. pension plans, the impact from charges for the write-up of acquired inventory, and costs attributed to announced acquisitions.
Total adjusted EBIT is reconciled to income before income taxes as follows:
202520242023
 (Dollars in thousands)
Total adjusted EBIT$723,260 $658,194 $660,553 
Less:
Acquired intangible asset amortization expense64,623 52,620 53,091 
Other pension (income) expense for U.S. pension plans(4,016)(4,110)3,614 
Equity in earnings of affiliates, net of tax3,160 685 — 
Rationalization charges60,509 59,481 8,412 
Purchase accounting write-up of inventory— 6,062 — 
Costs attributed to announced acquisitions1,117 28,361 — 
Income before interest and income taxes597,867 515,095 595,436 
Interest and other debt expense189,365 167,425 173,315 
Income before income taxes$408,502 $347,670 $422,121 


Total segment assets at December 31 are reconciled to total assets as follows:
20252024
 (Dollars in thousands)
Total segment assets$9,318,653 $8,536,219 
Other assets78,430 48,449 
Total assets$9,397,083 $8,584,668 
Financial information relating to our operations by geographic area is as follows:
202520242023
 (Dollars in thousands)
Net sales:
United States$4,396,143 $4,159,904 $4,377,928 
Foreign:
Europe1,543,116 1,241,806 1,201,534 
Other543,907 452,984 408,743 
Total net sales from
foreign operations
2,087,023 1,694,790 1,610,277 
Total net sales$6,483,166 $5,854,694 $5,988,205 
Long-lived assets:
United States$1,229,877 $1,245,639 
Foreign:
Europe879,063 774,099 
Other269,391 263,165 
Total long-lived assets at
foreign operations
1,148,454 1,037,264 
Total long-lived assets$2,378,331 $2,282,903 
Net sales are attributed to the country from which the product was manufactured and shipped.
Sales of our metal containers segment to Nestlé S.A. accounted for 12.3 percent, 11.6 percent and 11.2 percent of our consolidated net sales in 2025, 2024 and 2023, respectively.
Sales and adjusted EBIT of our metal containers segment and of part of our dispensing and specialty closures segment are dependent, in part, upon the vegetable and fruit harvests in the United States and, to a lesser extent, in a variety of national growing regions in Europe. The size and quality of these harvests varies from year to year, depending in large part upon the weather conditions in applicable regions. Because of the seasonality of the harvests, we have historically experienced higher unit sales volume in the third quarter of our fiscal year and generated a disproportionate amount of our annual adjusted EBIT during that quarter.
v3.25.4
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
 12 Months Ended
Dec. 31, 2025
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
SILGAN HOLDINGS INC.
For the years ended December 31, 2025, 2024 and 2023
(Dollars in thousands)
 
  AdditionsOther Changes
Increase (Decrease)		 
DescriptionBalance at
beginning
of period		Charged to
costs and
expenses		Charged
to other
accounts		Cumulative
translation
adjustment
Other (1)
Balance
at end
of period
For the year ended December 31, 2025:
Allowance for doubtful accounts
receivable
$9,506 $2,096 $— $681 $(4,318)$7,965 
For the year ended December 31, 2024:
Allowance for doubtful accounts
receivable
$8,827 $1,743 $— $(451)$(613)$9,506 
For the year ended December 31, 2023:
Allowance for doubtful accounts
receivable
$9,072 $59 $— $268 $(572)$8,827 
 ______________________
(1)    Uncollectible accounts written off, net of recoveries.
v3.25.4
Insider Trading Arrangements
 3 Months Ended
Dec. 31, 2025
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.25.4
Insider Trading Policies and Procedures
 12 Months Ended
Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true
v3.25.4
Cybersecurity Risk Management and Strategy Disclosure
 12 Months Ended
Dec. 31, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]
We are committed to protecting our critical information and data and information technology environment and defending against cybersecurity threats. We focus on relevant areas of cybersecurity risks and vulnerabilities and seek to mitigate such risks by maintaining secure environments, maintaining processes to identify cybersecurity threats and raising awareness of cybersecurity risks to our employees.
We utilize a comprehensive, multi-layered approach for our cybersecurity management which is generally aligned with the National Institute on Standards and Technology Cybersecurity Framework. We have a number of controls and procedures in place to recognize potential cybersecurity threats and potential incidents and elevate such potential incidents to senior management and our outside advisors to determine the scope and materiality of such incidents. Automated tools and our third party security operation center provide alerts to our cybersecurity staff regarding potential threats. We also use an array of defenses to protect our cybersecurity environment and mitigate cybersecurity threats, including multi-factor authentication, access controls, email filtering, firewalls, intrusion prevention and detection systems, partitioning and encryption of information, backup and data recovery procedures, malware defenses, disaster recovery and incident plan responses, hardware and software updates and patching, and related programs. We maintain centralized management systems of information technology assets for inventory, assignment, provisioning, monitoring, and retirement. We regularly assess the efficacy of these defenses and mitigation measures and implement improvements, focusing on critical matters and threats. To further promote a culture of cybersecurity awareness and defense, we also have regular educational and training sessions for our relevant employee population about the importance of cybersecurity and our key information more generally.
We regularly engage third parties and leverage their expertise to improve our cybersecurity environment and defenses against third party threats. Such third parties assist us in the assessment and testing of our cybersecurity environment and help us identify and correct any potential gaps in our cybersecurity defenses. We also regularly discuss evolving cybersecurity threats with third parties and interface with software and hardware providers to manage our cybersecurity environment.
We have extensive incident response plans in place that provide a documented framework to, among other things, identify the critical steps to be taken for immediate access, rescue and recovery actions when a system disruption occurs. We also have comprehensive business continuity plans in place for disruptions, including a system disruption, that include recovery actions and alternate methods including manual work arounds that allow us to continue operating and shipping products. Our incident response plans and business continuity plans are regularly reviewed and updated, with a focus on continuous improvement.
While we have not had any cybersecurity incident that has materially affected or is reasonably likely to materially affect us, including our business strategy, results of operations or financial condition, future cybersecurity incidents or threats could have a material impact on our results of operations or financial condition as discussed in “Risk Factors”—“ Increased Information Technology Security Threats and More Sophisticated and Targeted Computer Crime Could Pose a Risk to Our Systems, Networks, Products, Solutions and Services.”
Cybersecurity Risk Management Processes Integrated [Flag] true
Cybersecurity Risk Management Processes Integrated [Text Block] We utilize a comprehensive, multi-layered approach for our cybersecurity management which is generally aligned with the National Institute on Standards and Technology Cybersecurity Framework.
Cybersecurity Risk Management Third Party Engaged [Flag] true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Board of Directors Oversight [Text Block]
Our Board of Directors is responsible for risk oversight for the Company, which includes cybersecurity. Our Board of Directors risk oversight process, including for cybersecurity, builds upon management’s assessment of the Company’s risks and processes for managing and mitigating such risks. Our senior management presents a report to our Board of Directors at each of its quarterly regular meetings regarding our cybersecurity environment, relevant cybersecurity projects, actions we are taking to address and mitigate cybersecurity risks and other relevant cybersecurity related topics applicable to us. During such presentations and other discussions regarding risks, senior management reviews cybersecurity risks with our Board of Directors.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] Our Board of Directors is responsible for risk oversight for the Company, which includes cybersecurity. Our Board of Directors risk oversight process, including for cybersecurity, builds upon management’s assessment of the Company’s risks and processes for managing and mitigating such risks.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] Our senior management presents a report to our Board of Directors at each of its quarterly regular meetings regarding our cybersecurity environment, relevant cybersecurity projects, actions we are taking to address and mitigate cybersecurity risks and other relevant cybersecurity related topics applicable to us. During such presentations and other discussions regarding risks, senior management reviews cybersecurity risks with our Board of Directors.
Cybersecurity Risk Role of Management [Text Block]
In support of such oversight process of our Board of Directors, our management maintains robust cybersecurity management processes. Our cybersecurity function is led by our Executive Vice President and Chief Financial Officer and our Vice President of our Business Technology Group. Our Vice President of our Business Technology Group has been with us for over 37 years in various roles related to information technology, cybersecurity and support of our business and enterprise systems. He has over 40 years of direct experience in multiple roles related to information technology and cybersecurity and a deep understanding of how information technology data and specialized software and hardware relates to our business operations. Our Vice President of our Business Technology Group also has significant experience in identifying third party cybersecurity risks and integrating acquired companies into our cybersecurity environment.
We have a Cybersecurity Governance Committee, consisting of our Chief Executive Officer, our Executive Vice President and Chief Financial Officer, our Executive Vice President and Chief Operating Officer, our Executive Vice President, General Counsel and Secretary, our Vice President of our Business Technology Group and the IT Director for one of our businesses. Our Cybersecurity Governance Committee meets multiple times per quarter to address cybersecurity risks and threats, our responses to such risks and threats, the results of cybersecurity tests and controls and the impact of completed and planned projects to support our cybersecurity environment. We also maintain a cybersecurity working committee among our businesses that is comprised of our Vice President of our Business Technology Group, the IT Directors of our businesses and other key members of our Business Technology Group. The cybersecurity working committee meets at least monthly with a primary focus on goals and improvements to our cybersecurity management processes, and members of our management and of the management of our businesses are invited to attend.
Cybersecurity Risk Management Positions or Committees Responsible [Flag] true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]
In support of such oversight process of our Board of Directors, our management maintains robust cybersecurity management processes. Our cybersecurity function is led by our Executive Vice President and Chief Financial Officer and our Vice President of our Business Technology Group. Our Vice President of our Business Technology Group has been with us for over 37 years in various roles related to information technology, cybersecurity and support of our business and enterprise systems. He has over 40 years of direct experience in multiple roles related to information technology and cybersecurity and a deep understanding of how information technology data and specialized software and hardware relates to our business operations. Our Vice President of our Business Technology Group also has significant experience in identifying third party cybersecurity risks and integrating acquired companies into our cybersecurity environment.
We have a Cybersecurity Governance Committee, consisting of our Chief Executive Officer, our Executive Vice President and Chief Financial Officer, our Executive Vice President and Chief Operating Officer, our Executive Vice President, General Counsel and Secretary, our Vice President of our Business Technology Group and the IT Director for one of our businesses. Our Cybersecurity Governance Committee meets multiple times per quarter to address cybersecurity risks and threats, our responses to such risks and threats, the results of cybersecurity tests and controls and the impact of completed and planned projects to support our cybersecurity environment. We also maintain a cybersecurity working committee among our businesses that is comprised of our Vice President of our Business Technology Group, the IT Directors of our businesses and other key members of our Business Technology Group. The cybersecurity working committee meets at least monthly with a primary focus on goals and improvements to our cybersecurity management processes, and members of our management and of the management of our businesses are invited to attend.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] Our Vice President of our Business Technology Group has been with us for over 37 years in various roles related to information technology, cybersecurity and support of our business and enterprise systems. He has over 40 years of direct experience in multiple roles related to information technology and cybersecurity and a deep understanding of how information technology data and specialized software and hardware relates to our business operations. Our Vice President of our Business Technology Group also has significant experience in identifying third party cybersecurity risks and integrating acquired companies into our cybersecurity environment.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] Our Cybersecurity Governance Committee meets multiple times per quarter to address cybersecurity risks and threats, our responses to such risks and threats, the results of cybersecurity tests and controls and the impact of completed and planned projects to support our cybersecurity environment. We also maintain a cybersecurity working committee among our businesses that is comprised of our Vice President of our Business Technology Group, the IT Directors of our businesses and other key members of our Business Technology Group. The cybersecurity working committee meets at least monthly with a primary focus on goals and improvements to our cybersecurity management processes, and members of our management and of the management of our businesses are invited to attend.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true
v3.25.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
 12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Nature of Business
Nature of Business. Silgan Holdings Inc., or Silgan, and its subsidiaries conduct business in three segments: dispensing and specialty closures; metal containers; and custom containers. Our dispensing and specialty closures segment manufactures and sells dispensing systems and specialty closures for fragrance and beauty, food, beverage, personal and health care, home care and lawn and garden products. Our metal containers segment is engaged in the manufacture and sale of steel and aluminum containers for pet and human food and general line products. Our custom containers segment manufactures and sells custom designed plastic containers for pet and human food, consumer health and pharmaceutical, personal care, home care, lawn and garden and automotive products. Our dispensing and specialty closures segment has operating facilities in North and South America, Europe and Asia. Our metal containers segment has operating facilities in North America, Europe and Asia. Our custom containers segment has operating facilities in North America.
Basis of Presentation
Basis of Presentation. The consolidated financial statements include the accounts of Silgan and our subsidiaries. Newly acquired subsidiaries have been included in the consolidated financial statements from their dates of acquisition. All significant intercompany transactions have been eliminated. The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles, or GAAP, requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates.
Foreign Currency Transactions and Translations Policy
Generally, our subsidiaries that operate outside the United States use their local currency as the functional currency. The principal functional currency for our foreign operations is the Euro. Balance sheet accounts of our foreign subsidiaries are translated at exchange rates in effect at the balance sheet date, while revenue and expense accounts are translated at average rates prevailing during the year. Translation adjustments are reported as a component of accumulated other comprehensive loss. Gains or losses resulting from operating transactions denominated in foreign currencies that are not designated as a hedge are generally included in selling, general and administrative expenses in our Consolidated Statements of Income.
Cash and Cash Equivalents
Cash and Cash Equivalents. Cash equivalents represent short-term, highly liquid investments which are readily convertible to cash and have maturities of three months or less at the time of purchase. As a result of our cash management system, checks issued for payment may create negative book balances. Checks outstanding in excess of related book balances are included in trade accounts payable in our Consolidated Balance Sheets. Changes in outstanding checks are included in financing activities in our Consolidated Statements of Cash Flows to treat them as, in substance, cash advances.
Inventories
Inventories. Inventories are valued at the lower of cost or net realizable value. Cost for inventories of certain portions of our dispensing and specialty closures segment and of domestic inventories of our metal containers segment is principally determined on the last-in, first-out basis, or LIFO. Cost for inventories of certain portions of our dispensing and specialty closures segment and of our custom containers segment is principally determined on the first-in, first-out basis, or FIFO. Cost for inventories of certain portions of our dispensing and specialty closures segment and of foreign inventories of our metal containers segment is principally determined on the average cost method.
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net. Property, plant and equipment, net is stated at historical cost less accumulated depreciation. Major renewals and betterments that extend the life of an asset are capitalized and repairs and maintenance expenditures are charged to expense as incurred. Design and development costs for molds, dies and other tools that we do not own and that will be used to produce products that will be sold under long-term supply arrangements are capitalized. Depreciation is computed using the straight-line method over the estimated useful lives of depreciable assets. The principal estimated useful lives are 35 years for buildings and range between 3 years to 20 years for machinery and equipment. Leasehold improvements are amortized over the shorter of the life of the related asset or the life of the lease.
Goodwill and Other Intangible Assets, Net
Goodwill and Other Intangible Assets, Net. We review goodwill for impairment as of July 1 of each year and more frequently if circumstances indicate a possible impairment. We determined that goodwill was not impaired in our annual assessment performed during the third quarter. Definite-lived intangible assets are amortized over their estimated useful lives on a straight-line basis. Customer relationships have a weighted average life of
approximately 22 years. Other definite-lived intangible assets consist primarily of trade names and technology know-how and have a weighted average life of approximately 12 years.
Impairment of Long-Lived Assets
Impairment of Long-Lived Assets. We assess long-lived assets, including intangible assets with definite lives, for impairment whenever events or changes in circumstances indicate the carrying amount of the assets may not be fully recoverable. An impairment exists if the estimate of future undiscounted cash flows generated by the assets is less than the carrying value of the assets. If impairment is determined to exist, any related impairment loss is then measured by comparing the fair value of the assets to their carrying amount.
Hedging Instruments
Hedging Instruments. All derivative financial instruments are recorded in the Consolidated Balance Sheets at their fair values. Changes in fair values of derivatives are recorded in each period in earnings or other comprehensive loss, depending on whether a derivative is designated as part of a qualifying hedge transaction and, if it is, the type of hedge transaction.
We utilize certain derivative financial instruments to manage a portion of our interest rate and natural gas cost exposures. We generally limit our use of derivative financial instruments to interest rate and natural gas swap agreements. We do not engage in trading or other speculative uses of these derivative financial instruments. For a financial instrument to qualify as a hedge, we must be exposed to interest rate or price risk, and the financial instrument must reduce the exposure and be designated as a hedge. Financial instruments qualifying for hedge accounting must maintain a high correlation between the hedging instrument and the item being hedged, both at inception and throughout the hedged period.
We also utilize certain internal hedging strategies to minimize our foreign currency exchange rate risk. Net investment hedges that qualify for hedge accounting result in the recognition of foreign currency gains or losses, net of tax, in accumulated other comprehensive loss.
Income Taxes
Income Taxes. We account for income taxes using the liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period of enactment of such change. No provision is made for U.S. income taxes applicable to undistributed earnings of foreign subsidiaries that are indefinitely reinvested. The minimum tax on foreign earnings, more commonly referred to as the tax on Global Intangible Low-Taxed Income, is accounted for as a component of current income tax expense.
Revenue Recognition
Revenue Recognition. Our revenues are primarily derived from the sale of rigid packaging products to customers. We recognize revenue at the amount we expect to be entitled to in exchange for promised goods for which we have transferred control to customers. If the consideration agreed to in a contract includes a variable amount, we estimate the amount of consideration we expect to be entitled to in exchange for transferring the promised goods to the customer. Generally, revenue is recognized at a point in time for standard promised goods at the time of shipment when title and risk of loss pass to the customer, and revenue is recognized over time in cases where we produce promised goods with no alternative use to us and for which we have an enforceable right of payment for production completed. The production cycle for customer contracts subject to over time recognition is generally completed in less than one month. Due to the short-term duration of our production cycle, we have elected the practical expedient permitting us to exclude disclosure regarding our performance obligations with respect to outstanding purchase orders. We have elected to treat shipping and handling costs after the control of goods has been transferred to the customer as a fulfillment cost. Sales and similar taxes that are imposed on our sales and collected from customers are excluded from revenues.
Stock-Based Compensation
Stock-Based Compensation. We currently have one stock-based compensation plan in effect under which we have issued restricted stock units to our officers, other key employees and outside directors. A restricted stock unit represents the right to receive one share of our common stock at a future date. Unvested restricted stock units that have been issued do not have voting rights and may not be disposed of or transferred during the vesting period.
v3.25.4
REVENUE (Tables)
 12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue Revenues by segment were as follows:
202520242023
 (Dollars in thousands)
Dispensing and Specialty Closures$2,707,244 $2,304,370 $2,221,430 
Metal Containers3,138,318 2,900,678 3,140,830 
Custom Containers637,604 649,646 625,945 
 $6,483,166 $5,854,694 $5,988,205 
    
Revenues by geography were as follows:
202520242023
 (Dollars in thousands)
North America$4,567,882 $4,399,422 $4,582,356 
Europe and other1,915,284 1,455,272 1,405,849 
 $6,483,166 $5,854,694 $5,988,205 
v3.25.4
RATIONALIZATION CHARGES (Tables)
 12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Schedule of Rationalization Charges and Activity in Rationalization Plan Reserves Rationalization charges by segment for each of the years ended December 31 were as follows:
202520242023
 (Dollars in thousands)
Dispensing and Specialty Closures$37,425 $23,055 $11,285 
Metal Containers17,411 14,469 (7,849)
Custom Containers5,673 21,957 4,976 
 $60,509 $59,481 $8,412 
Activity in reserves for our rationalization plans was as follows:
Employee
Severance
and Benefits		Plant
Exit
Costs		Non-Cash
Asset
Write-Down		Total
 (Dollars in thousands)
Balance as of January 1, 2023$31,641 $159 $— $31,800 
Charged to expense12,314 6,175 (10,077)8,412 
Utilized and currency translation(10,400)(5,869)10,077 (6,192)
Balance at December 31, 202333,555 465 — 34,020 
Charged to expense8,972 20,607 29,902 59,481 
Utilized and currency translation(13,209)(21,072)(29,902)(64,183)
Balance at December 31, 202429,318 — — 29,318 
Charged to expense28,356 13,603 18,550 60,509 
Utilized and currency translation(12,712)(13,411)(18,550)(44,673)
Balance at December 31, 2025$44,962 $192 $— $45,154 
v3.25.4
ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
 12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Amounts Included in Accumulated Other Comprehensive Loss, Net of Tax Amounts included in accumulated other comprehensive loss, net of tax, were as follows:
 
Unrecognized Net
Defined Benefit
Plan Costs		Change in Fair
Value of
Derivatives		Foreign
Currency
Translation		Total
 (Dollars in thousands)
Balance at January 1, 2023$(156,733)$(772)$(187,805)$(345,310)
Other comprehensive income before
    reclassifications
15,556 852 46,149 62,557 
Amounts reclassified from accumulated
    other comprehensive loss
7,654 (296)24,034 31,392 
 Other comprehensive income23,210 556 70,183 93,949 
Balance at December 31, 2023(133,523)(216)(117,622)(251,361)
Other comprehensive (loss) before
    reclassifications
(2,279)(1,684)(100,708)(104,671)
Amounts reclassified from accumulated
    other comprehensive loss
5,814 (3,139)— 2,675 
 Other comprehensive loss3,535 (4,823)(100,708)(101,996)
Balance at December 31, 2024(129,988)(5,039)(218,330)(353,357)
Other comprehensive income before
    reclassifications
8,215 4,031 122,580 134,826 
Amounts reclassified from accumulated
    other comprehensive loss
4,933 42 — 4,975 
 Other comprehensive income13,148 4,073 122,580 139,801 
Balance at December 31, 2025$(116,840)$(966)$(95,750)$(213,556)
v3.25.4
INVENTORIES (Tables)
 12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
Schedule of Components of Inventory
The components of inventories at December 31 were as follows:
20252024
 (Dollars in thousands)
Raw materials$586,296 $450,389 
Work-in-process204,882 199,030 
Finished goods595,089 530,406 
Other16,861 17,192 
1,403,128 1,197,017 
Adjustment to value inventory at cost on the LIFO method(322,994)(268,961)
$1,080,134 $928,056 
v3.25.4
PROPERTY, PLANT AND EQUIPMENT, NET (Tables)
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment, Net
Property, plant and equipment, net at December 31 was as follows:
20252024
 (Dollars in thousands)
Land$105,227 $96,965 
Buildings and improvements691,045 650,587 
Machinery and equipment4,407,018 4,122,498 
Construction in progress308,921 281,086 
5,512,211 5,151,136 
Accumulated depreciation(3,133,880)(2,868,233)
$2,378,331 $2,282,903 
v3.25.4
GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)
 12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill
Changes in the carrying amount of goodwill were as follows:
Dispensing and Specialty ClosuresMetal
Containers		Custom
Containers		Total
 (Dollars in thousands)
Balance at December 31, 2023
$1,670,972 $120,499 $226,770 $2,018,241 
Acquisition379,649 — — 379,649 
Currency translation(76,883)(3,557)(1,419)(81,859)
Balance at December 31, 2024
1,973,738 116,942 225,351 2,316,031 
Acquisition13,456 — — 13,456 
Currency translation149,272 7,150 769 157,191 
Balance at December 31, 2025
$2,136,466 $124,092 $226,120 $2,486,678 
Schedule of Components of Other Intangible Assets
The components of other intangible assets, net at December 31 were as follows:
 20252024
 Gross
Amount		Accumulated
Amortization		Gross
Amount		Accumulated
Amortization
 (Dollars in thousands)
Definite-lived intangibles:
Customer relationships$1,159,220 $(366,349)$1,059,991 $(299,917)
Other151,018 (75,946)138,311 (61,057)
1,310,238 (442,295)1,198,302 (360,974)
Indefinite-lived intangibles:
Trade names32,140 — 32,140 — 
$1,342,378 $(442,295)$1,230,442 $(360,974)
v3.25.4
LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt at December 31 was as follows:
20252024
 (Dollars in thousands)
Bank debt:
Bank revolving loans$— $— 
U.S. term loans841,500 850,000 
Euro term loans1,046,390 931,950 
Other foreign bank revolving and term loans46,165 35,725 
Total bank debt1,934,055 1,817,675 
3¼% Senior Notes— 673,075 
4⅛% Senior Notes600,000 600,000 
2¼% Senior Notes587,200 517,750 
4¼% Senior Notes704,640 — 
1.4% Senior Secured Notes
500,000 500,000 
Finance leases38,783 41,673 
Total debt - principal4,364,678 4,150,173 
Less unamortized debt issuance costs and debt discount17,830 13,320 
Total debt4,346,848 4,136,853 
Less current portion631,632 716,932 
$3,715,216 $3,419,921 
Schedule of Aggregate Annual Maturities of Debt
The aggregate annual maturities of our debt (non-U.S. dollar debt has been translated into U.S. dollars at exchange rates in effect at the balance sheet date), excluding finance leases, are as follows (dollars in thousands):

2026$627,926 
2027194,322 
20281,379,544 
2029192,306 
20301,221,976 
Thereafter709,821 
$4,325,895 
v3.25.4
FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Carrying Amounts and Estimated Fair Values of Other Financial Instruments The following table summarizes the carrying amounts and estimated fair values of our other significant financial instruments at December 31:
 20252024
 Carrying
Amount		Fair
Value		Carrying
Amount		Fair
Value
 (Dollars in thousands)
Assets:
Cash and cash equivalents$1,080,659 $1,080,659 $822,854 $822,854 
Liabilities:
Bank debt$1,934,055 $1,934,055 $1,817,675 $1,817,675 
4⅛% Notes599,695 590,628 599,564 572,646 
2¼% Notes587,200 575,174 517,750 494,239 
4¼% Notes704,640 715,210 — — 
1.4% Notes
499,985 495,750 499,930 476,260 
v3.25.4
COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Aggregate Annual Maturities of Operating Lease Liabilities
The aggregate annual maturities of lease liabilities are as follows (dollars in thousands):
OperatingFinance
LeasesLeases
2026$66,368 $5,295 
202753,409 4,504 
202842,076 3,952 
202933,522 3,755 
203030,396 3,295 
Thereafter97,315 30,171 
Total lease payments323,086 50,972 
     Less imputed interest (52,851)(12,188)
Total$270,235 $38,784 
Schedule of Aggregate Annual Maturities of Finance Lease Liabilities
The aggregate annual maturities of lease liabilities are as follows (dollars in thousands):
OperatingFinance
LeasesLeases
2026$66,368 $5,295 
202753,409 4,504 
202842,076 3,952 
202933,522 3,755 
203030,396 3,295 
Thereafter97,315 30,171 
Total lease payments323,086 50,972 
     Less imputed interest (52,851)(12,188)
Total$270,235 $38,784 
v3.25.4
SUPPLY CHAIN FINANCE PROGRAM (Tables)
 12 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
Schedule of Outstanding Obligations under Supply Chain Finance Program
The outstanding obligations confirmed under our SCF program were as follows:
20252024
 (Dollars in thousands)
Confirmed obligations outstanding at the beginning of the year$303,707 $330,153 
Invoices confirmed during the year706,840 575,592 
Confirmed invoices paid during the year(572,033)(602,038)
Obligations outstanding at the end of the year$438,514 $303,707 
v3.25.4
RETIREMENT BENEFITS (Tables)
 12 Months Ended
Dec. 31, 2025
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Changes in Benefit Obligations and Plan Assets as Well as Funded Status of Retirement Plans
The changes in benefit obligations and plan assets as well as the funded status of our retirement plans at December 31 were as follows:
 Pension BenefitsOther
Postretirement Benefits
 2025202420252024
 (Dollars in thousands)
Change in benefit obligation
Obligation at beginning of year$653,971 $698,726 $11,955 $13,373 
Service cost7,467 8,415 13 27 
Interest cost32,559 33,868 428 644 
Actuarial losses (gains)8,000 (18,748)(2,529)(65)
Special termination benefits— — — — 
Plan amendments36 — (38)(339)
Curtailment gain(1,346)(239)— — 
Benefits paid(49,494)(62,056)(1,247)(1,703)
Participants’ contributions— — 1 18 
Foreign currency exchange rate changes12,231 (5,995)— — 
Obligation at end of year663,424 653,971 8,583 11,955 
Change in plan assets
Fair value of plan assets at beginning of year769,630 807,016 — — 
Actual return on plan assets57,200 21,689 — — 
Employer contributions3,169 2,981 1,246 1,685 
Participants’ contributions— — 1 18 
Benefits paid(49,494)(62,056)(1,247)(1,703)
Fair value of plan assets at end of year780,505 769,630 — — 
Funded status$117,081 $115,659 $(8,583)$(11,955)
 Pension BenefitsOther
Postretirement Benefits
 2025202420252024
 (Dollars in thousands)
Amounts recognized in the consolidated
balance sheets
Non-current assets$208,100 $206,800 $— $— 
Current liabilities(3,735)(3,009)(1,643)(1,299)
Non-current liabilities(87,284)(88,132)(6,940)(10,656)
Net amount recognized$117,081 $115,659 $(8,583)$(11,955)
Amounts recognized in accumulated
other comprehensive loss
Net actuarial loss (gain)$155,043 $170,649 $(6,192)$(4,443)
Prior service cost (credit)101 234 (318)(340)
Net amount recognized$155,144 $170,883 $(6,510)$(4,783)
Schedule of Benefits Expected to be Paid from Pension and Other Postretirement Benefit Plans
The benefits expected to be paid from our pension and other postretirement benefit plans, which reflect future years of service, are as follows (dollars in thousands):
Pension
Benefits		Other
Postretirement
Benefits
2026$48,749 $1,643 
202749,563 1,013 
202850,119 892 
202950,542 819 
203050,857 762 
2031-2035249,093 3,044 
$498,923 $8,173 
Schedule of Components of Net Periodic Benefit Cost
The components of the net periodic benefit cost (credit) for each of the years ended December 31 were as follows:
 Pension BenefitsOther Postretirement Benefits
 202520242023202520242023
 (Dollars in thousands)
Service cost$7,467 $8,415 $8,573 $13 $27 $50 
Interest cost32,559 33,868 34,725 428 644 745 
Expected return on plan assets(41,047)(43,085)(40,781)— — — 
Amortization of prior service cost
(credit)
78 90 97 (59)(20)(948)
Amortization of actuarial losses
(gains)
7,336 7,917 11,638 (781)(361)(617)
Special termination benefits— — 577 — — — 
Curtailment gain(1,346)(244)— — — (1,103)
Net periodic benefit cost (credit)$5,047 $6,961 $14,829 $(399)$290 $(1,873)
Schedule of Multiemployer Pension Plans
Further information on the multiemployer plans we participated in during the years ended December 31, 2025, 2024 and 2023 is as follows:
Pension FundEIN/Pension Plan
Number		Pension
Protection
Act Zone
Status		FIP / RP
Status
Pending /
Implemented		ContributionsSurcharge
Imposed
20252024202520242023
     (Dollars in thousands) 
IAM National Pension Fund (1)
51-6031295/002RedRedImplemented2,538 2,624 2,626 No
Western Conference of Teamsters Pension Plan (2)
91-6145047/001GreenGreenN/A463 580 1,008 No
Total Contributions$3,001 $3,204 $3,634 
______________________
(1)    The applicable collective bargaining agreements related to this pension fund expire at various times through April 30, 2028. Although this pension fund was formally certified in the yellow zone in 2019, the trustees of this pension fund voluntarily elected to place this pension fund in the red zone to take advantage of certain provisions of the Pension Protection Act even though this pension fund had a funded status of 87 percent, 87 percent and 88 percent at the beginning of 2022, 2023 and 2024, respectively.
(2)    The applicable collective bargaining agreement related to this pension plan expires on September 30, 2028.
Schedule of Weighted Average Asset Allocation for Pension Plans and Target Allocation
The weighted average asset allocation for our pension plans at December 31, 2025 and 2024 and target allocation for 2025 were as follows:
 Target
Allocation		Actual Allocation
 20252024
Fixed income securities89 %88 %87 %
Equity securities—US6 %6 %7 %
Equity securities—International3 %3 %3 %
Cash and cash equivalents2 %3 %3 %
100 %100 %100 %
Schedule of Fair Value of Plan Assets by Asset Category
The fair value of our plan assets by asset category consisted of the following at December 31:
20252024
 (Dollars in thousands)
Fixed income securities$686,724 $669,645 
Equity securities—US43,757 51,603 
Equity securities—International26,504 24,127 
Cash and cash equivalents23,520 24,255 
$780,505 $769,630 
Benefit Obligation  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Weighted Average Actuarial Assumptions
Our principal domestic pension and other postretirement benefit plans used the following weighted average actuarial assumptions to determine the benefit obligations at December 31:
20252024
Discount rate5.4 %5.7 %
Expected return on plan assets5.5 %5.5 %
Rate of compensation increase3.3 %2.4 %
Health care cost trend rate:
Assumed for next year6.8 %5.0 %
Ultimate rate4.0 %4.0 %
Year that the ultimate rate is reached20482043
Benefit Costs  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Weighted Average Actuarial Assumptions
Our principal domestic pension and other postretirement benefit plans used the following weighted average actuarial assumptions to determine net periodic benefit cost (credit) for the years ended December 31:
 
202520242023
Discount rate5.7 %5.3 %5.6 %
Expected return on plan assets5.5 %5.5 %5.5 %
Rate of compensation increase2.4 %2.4 %2.4 %
Health care cost trend rate5.0 %5.0 %5.0 %
v3.25.4
INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Income Before Income Taxes
Income before income taxes was taxed in the following jurisdictions in each of the years ended December 31:
202520242023
 (Dollars in thousands)
Domestic$206,998 $193,938 $253,916 
Foreign201,504 153,732 168,205 
Total$408,502 $347,670 $422,121 
Schedule of Components of Provision for Income Taxes
The components of the provision (benefit) for income taxes were as follows:
 
202520242023
 (Dollars in thousands)
Current:
Federal$24,381 $39,590 $10,847 
State6,469 7,927 (529)
Foreign73,131 57,515 52,730 
Current income tax provision103,981 105,032 63,048 
Deferred:
Federal10,875 (15,847)29,337 
State6,979 (2,218)7,957 
Foreign1,424 (14,990)(4,186)
Deferred income tax provision (benefit) 19,278 (33,055)33,108 
$123,259 $71,977 $96,156 
Schedule of Effective Tax Rate Reconciliation
The provision for income taxes varied from income taxes computed at the statutory U.S. federal income tax rate as a result of the following:
2025
 (Dollars in thousands)
Income taxes computed at the statutory
    U.S. federal income tax rate		$85,785 21.0 %
State income taxes, net of federal tax benefit12,041 2.9 
Foreign tax effects
Brazil
Statutory income tax rate differential3,652 0.9 
Other1,265 0.3 
Germany
Changes in valuation allowances12,806 3.1 
Other(589)(0.1)
Other foreign jurisdictions15,303 3.7 
Effect of cross-border tax laws
Foreign-derived intangible income
    deduction		(2,565)(0.6)
Tax credits
Renewable energy credit(5,320)(1.3)
Research and development credit(1,250)(0.3)
Nontaxable or nondeductible items507 0.1 
Changes in unrecognized tax benefits(474)(0.1)
Other adjustments2,098 0.6 
Effective tax rate$123,259 30.2 %

20242023
 (Dollars in thousands)
Income taxes computed at the statutory
    U.S. federal income tax rate		$73,011 $88,646 
State income taxes, net of federal tax benefit2,551 5,551 
Tax liabilities no longer required (2,838)(4,071)
Valuation allowance11,291 2,287 
Tax credit refunds, net(5,098)(2,684)
Foreign earnings taxed at other than 21%(4,144)9,993 
Deferred tax rate changes1,326 (3,133)
Other(4,122)(433)
$71,977 $96,156 
Effective tax rate20.7 %22.8 %
Schedule of Significant Components of Deferred Tax Assets and Liabilities Significant components of our deferred tax assets and liabilities at December 31 were as follows:
20252024
 (Dollars in thousands)
Deferred tax assets:
Pension and other postretirement liabilities$12,460 $15,621 
Rationalization and other accrued liabilities60,005 49,115 
AMT and other credit carryforwards6,236 6,102 
Net operating loss carryforwards98,478 80,853 
Other intangible assets1,326 2,288 
Foreign currency translation16,237 — 
Property, plant and equipment1,599 1,703 
Inventory and related reserves2,882 2,852 
Long term operating lease liabilities67,637 51,449 
Other25,384 41,331 
Total deferred tax assets292,244 251,314 
Deferred tax liabilities:
Property, plant and equipment(280,701)(283,505)
Pension and other postretirement liabilities(46,533)(45,835)
Other intangible assets(245,599)(223,672)
Rationalization and other accrued liabilities(931)(1,537)
Operating lease right of use assets(64,892)(48,788)
Inventory and related reserves(11,873)(11,723)
Foreign currency translation— (24,830)
Other(25,180)(14,609)
Total deferred tax liabilities(675,709)(654,499)
Valuation allowance(116,078)(91,340)
$(499,543)$(494,525)
Schedule of Unrecognized Tax Benefits Roll Forward
A reconciliation of the beginning and ending amount of gross unrecognized tax benefits included as other liabilities in our Consolidated Balance Sheets was as follows:
20252024
 (Dollars in thousands)
Balance at January 1,$12,861 $17,401 
Decrease based upon tax positions of current year— (4,245)
Increase based upon tax positions of a prior year328 698 
Decrease based upon a lapse in the statute of limitations(426)(993)
Balance at December 31,$12,763 $12,861 
Schedule of Income Taxes Paid
Income taxes paid, net of refunds for the year ended December 31, 2025 were as follows (dollars in thousands):

U.S federal$19,246 
U.S. state and local9,855 
Foreign
Brazil10,690 
Canada9,094 
Germany11,582 
Italy12,664 
Netherlands5,302 
Spain6,592 
Other foreign jurisdictions18,653 
$103,678 
v3.25.4
STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Unit Activity
The table below summarizes restricted stock unit activity for the year ended December 31, 2025:
Restricted
Stock Units		Weighted
Average
Grant Date
Fair Value
Restricted stock units outstanding at December 31, 2024
1,100,697 $43.16 
Granted808,835 53.12 
Released(325,808)41.79 
Forfeited(206,620)46.98 
Restricted stock units outstanding at December 31, 2025
1,377,104 48.76 
v3.25.4
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Components of Calculation of Earnings Per Share
The components of the calculation of earnings per share were as follows:
202520242023
 (Dollars and shares in thousands)
Net income$288,403 $276,378 $325,965 
Weighted average number of shares used in:
Basic earnings per share106,541 106,794 108,821 
Dilutive common stock equivalents:
Restricted stock units244 324 416 
Diluted earnings per share106,785 107,118 109,237 
v3.25.4
BUSINESS SEGMENT INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Reportable Business Segment Information
Reportable segment information for each of the past three years is as follows:
Dispensing and Specialty ClosuresMetal
Containers		Custom ContainersCorporateTotal
 (Dollars in thousands)
2025
Net sales$2,707,244 $3,138,318 $637,604 $— $6,483,166 
Segment expenses and other (a)
2,290,462 2,877,948 547,659 46,997 5,763,066 
Equity in earnings of affiliates,
net of tax
3,160 — — — 3,160 
Adjusted EBIT419,942 260,370 89,945 (46,997)723,260 
Depreciation147,313 72,769 34,071 387 254,540 
Segment assets5,815,628 2,679,769 777,865 45,391 9,318,653 
Capital expenditures188,186 90,995 26,701 1,210 307,092 
2024
Net sales$2,304,370 $2,900,678 $649,646 $— $5,854,694 
Segment expenses and other (a)
1,939,445 2,658,257 568,668 30,815 5,197,185 
Equity in earnings of affiliates,
net of tax
685 — — — 685 
Adjusted EBIT365,610 242,421 80,978 (30,815)658,194 
Depreciation109,956 77,389 35,757 162 223,264 
Segment assets5,376,183 2,309,297 805,657 45,082 8,536,219 
Capital expenditures126,185 104,701 31,842 58 262,786 
2023
Net sales$2,221,430 $3,140,830 $625,945 $— $5,988,205 
Segment expenses and other (a)
1,880,786 2,858,428 562,628 25,810 5,327,652 
Adjusted EBIT340,644 282,402 63,317 (25,810)660,553 
Depreciation101,664 73,558 34,846 74 210,142 
Segment assets4,437,833 2,178,416 898,582 46,270 7,561,101 
Capital expenditures110,073 95,260 20,474 1,003 226,810 
______________________
(a)    Segment expenses and other includes cost of goods sold, selling, general and administrative expenses, and other pension and postretirement (income) expense and excludes acquired intangible asset amortization expense, other pension (income) expense only for U.S. pension plans, the impact from charges for the write-up of acquired inventory, and costs attributed to announced acquisitions.
Schedule of Reconciliation of Adjusted EBIT To Consolidated Income (Loss) Before Income Taxes
Total adjusted EBIT is reconciled to income before income taxes as follows:
202520242023
 (Dollars in thousands)
Total adjusted EBIT$723,260 $658,194 $660,553 
Less:
Acquired intangible asset amortization expense64,623 52,620 53,091 
Other pension (income) expense for U.S. pension plans(4,016)(4,110)3,614 
Equity in earnings of affiliates, net of tax3,160 685 — 
Rationalization charges60,509 59,481 8,412 
Purchase accounting write-up of inventory— 6,062 — 
Costs attributed to announced acquisitions1,117 28,361 — 
Income before interest and income taxes597,867 515,095 595,436 
Interest and other debt expense189,365 167,425 173,315 
Income before income taxes$408,502 $347,670 $422,121 
Schedule of Reconciliation of Total Segment Assets to Total Assets
Total segment assets at December 31 are reconciled to total assets as follows:
20252024
 (Dollars in thousands)
Total segment assets$9,318,653 $8,536,219 
Other assets78,430 48,449 
Total assets$9,397,083 $8,584,668 
Schedule of Financial Information Relating to Operations by Geographic Area
Financial information relating to our operations by geographic area is as follows:
202520242023
 (Dollars in thousands)
Net sales:
United States$4,396,143 $4,159,904 $4,377,928 
Foreign:
Europe1,543,116 1,241,806 1,201,534 
Other543,907 452,984 408,743 
Total net sales from
foreign operations
2,087,023 1,694,790 1,610,277 
Total net sales$6,483,166 $5,854,694 $5,988,205 
Long-lived assets:
United States$1,229,877 $1,245,639 
Foreign:
Europe879,063 774,099 
Other269,391 263,165 
Total long-lived assets at
foreign operations
1,148,454 1,037,264 
Total long-lived assets$2,378,331 $2,282,903 
v3.25.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)
 12 Months Ended
Dec. 31, 2025
segment
plan
shares
Summary Of Significant Accounting Policies [Line Items]  
Number of operating segments | segment 3
Number of stock-based compensation plans | plan 1
Building  
Summary Of Significant Accounting Policies [Line Items]  
Property, plant and equipment, estimated useful life 35 years
Machinery and equipment | Minimum  
Summary Of Significant Accounting Policies [Line Items]  
Property, plant and equipment, estimated useful life 3 years
Machinery and equipment | Maximum  
Summary Of Significant Accounting Policies [Line Items]  
Property, plant and equipment, estimated useful life 20 years
Customer Relationships  
Summary Of Significant Accounting Policies [Line Items]  
Intangible asset, useful life 22 years
Other Intangible Assets  
Summary Of Significant Accounting Policies [Line Items]  
Intangible asset, useful life 12 years
Restricted stock units  
Summary Of Significant Accounting Policies [Line Items]  
Number of common shares issuable per restricted stock unit (in shares) | shares 1
v3.25.4
REVENUE - Schedule of Disaggregation of Revenue (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disaggregation of Revenue [Line Items]      
Revenues $ 6,483,166 $ 5,854,694 $ 5,988,205
Dispensing and Specialty Closures      
Disaggregation of Revenue [Line Items]      
Revenues 2,707,244 2,304,370 2,221,430
Metal Containers      
Disaggregation of Revenue [Line Items]      
Revenues 3,138,318 2,900,678 3,140,830
Custom Containers      
Disaggregation of Revenue [Line Items]      
Revenues 637,604 649,646 625,945
North America      
Disaggregation of Revenue [Line Items]      
Revenues 4,567,882 4,399,422 4,582,356
Europe and Other      
Disaggregation of Revenue [Line Items]      
Revenues $ 1,915,284 $ 1,455,272 $ 1,405,849
v3.25.4
REVENUE - Narrative (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Receivables sold $ 1,600.0 $ 1,100.0 $ 1,500.0
Unbilled Revenues | Trade Accounts Receivable      
Segment Reporting Information [Line Items]      
Contract assets, primarily unbilled accounts receivable related to over time revenue recognition $ 112.5 $ 115.6  
v3.25.4
ACQUISITION (Details)
$ in Thousands, € in Millions
 12 Months Ended
Oct. 15, 2024
USD ($)
Oct. 15, 2024
EUR (€)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Business Combination [Line Items]          
Payments to acquire businesses, net of cash acquired     $ 0 $ 921,563 $ 0
Goodwill     $ 2,486,678 $ 2,316,031 $ 2,018,241
Weener Plastics Holding B.V.          
Business Combination [Line Items]          
Payments to acquire businesses, net of cash acquired $ 921,600        
Goodwill 393,100        
Weener Plastics Holding B.V. | Customer Relationships          
Business Combination [Line Items]          
Intangible asset acquired 211,100        
Weener Plastics Holding B.V. | Trade names          
Business Combination [Line Items]          
Intangible asset acquired 43,800        
Weener Plastics Holding B.V. | Technology-Based Intangible Assets          
Business Combination [Line Items]          
Intangible asset acquired $ 18,800        
Weener Plastics Holding B.V. | Bank Credit Agreement | Incremental Term Loan          
Business Combination [Line Items]          
Business combination, liabilities incurred | €   € 700.0      
v3.25.4
RATIONALIZATION CHARGES - Schedule of Rationalization Charge by Business Segment (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Restructuring Cost and Reserve [Line Items]      
Rationalization charges $ 60,509 $ 59,481 $ 8,412
Dispensing and Specialty Closures      
Restructuring Cost and Reserve [Line Items]      
Rationalization charges 37,425 23,055 11,285
Metal Containers      
Restructuring Cost and Reserve [Line Items]      
Rationalization charges 17,411 14,469 (7,849)
Custom Containers      
Restructuring Cost and Reserve [Line Items]      
Rationalization charges $ 5,673 $ 21,957 $ 4,976
v3.25.4
RATIONALIZATION CHARGES - Narrative (Details)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2025
USD ($)
segment
facility
Dec. 31, 2023
USD ($)
facility
Dec. 31, 2022
USD ($)
Dec. 31, 2025
USD ($)
segment
facility
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
facility
Jan. 01, 2023
facility
Restructuring Cost and Reserve [Line Items]              
Rationalization charges       $ 60,509 $ 59,481 $ 8,412  
Restructuring reserve $ 45,154 $ 34,020 $ 31,800 45,154 29,318 34,020  
Accrued Liabilities              
Restructuring Cost and Reserve [Line Items]              
Restructuring reserve 20,900     20,900 3,800    
Other Liabilities              
Restructuring Cost and Reserve [Line Items]              
Restructuring reserve 24,300     24,300 25,500    
Dispensing and Specialty Closures              
Restructuring Cost and Reserve [Line Items]              
Rationalization charges       37,425 23,055 11,285  
Dispensing and Specialty Closures | Germany              
Restructuring Cost and Reserve [Line Items]              
Rationalization charges 24,000            
Metal Containers              
Restructuring Cost and Reserve [Line Items]              
Rationalization charges       17,411 14,469 $ (7,849)  
Metal Containers | Russia Federation              
Restructuring Cost and Reserve [Line Items]              
Rationalization charges     $ 73,800        
Number of facilities closed | facility   2       2 2
Rationalization credit   $ 17,700       $ 17,700  
Custom Containers              
Restructuring Cost and Reserve [Line Items]              
Rationalization charges       5,673 $ 21,957 $ 4,976  
Rationalization Plan | Other Restructuring              
Restructuring Cost and Reserve [Line Items]              
Remaining expenses for our rationalization plans $ 17,300     17,300      
Effect on future cash flows, amount       $ 37,100      
Comprehensive Cost Reduction Initiative              
Restructuring Cost and Reserve [Line Items]              
Restructuring, cost saving period       2 years      
Comprehensive Cost Reduction Initiative | Dispensing and Specialty Closures              
Restructuring Cost and Reserve [Line Items]              
Number of facilities closed | segment 3     3      
Comprehensive Cost Reduction Initiative | Metal Containers              
Restructuring Cost and Reserve [Line Items]              
Number of facilities closed | facility 2     2      
Comprehensive Cost Reduction Initiative | Custom Containers              
Restructuring Cost and Reserve [Line Items]              
Number of facilities closed | facility 2     2      
Central States Pension Plan withdrawal              
Restructuring Cost and Reserve [Line Items]              
Restructuring and related cost, revised expected cost future cash expenditures $ 36,000     $ 36,000      
Central States Pension Plan withdrawal | Annually Through 2040              
Restructuring Cost and Reserve [Line Items]              
Remaining expenses for our rationalization plans $ 800     800      
Effect on future cash flows, amount       $ 2,600      
v3.25.4
RATIONALIZATION CHARGES - Schedule of Activity in Rationalization Plan Reserves (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Restructuring Reserve [Roll Forward]      
Rationalization Reserve, Beginning Balance $ 29,318 $ 34,020 $ 31,800
Charged to expense 60,509 59,481 8,412
Utilized and currency translation (44,673) (64,183) (6,192)
Rationalization Reserve, Ending Balance 45,154 29,318 34,020
Employee Severance and Benefits      
Restructuring Reserve [Roll Forward]      
Rationalization Reserve, Beginning Balance 29,318 33,555 31,641
Charged to expense 28,356 8,972 12,314
Utilized and currency translation (12,712) (13,209) (10,400)
Rationalization Reserve, Ending Balance 44,962 29,318 33,555
Plant Exit Costs      
Restructuring Reserve [Roll Forward]      
Rationalization Reserve, Beginning Balance 0 465 159
Charged to expense 13,603 20,607 6,175
Utilized and currency translation (13,411) (21,072) (5,869)
Rationalization Reserve, Ending Balance 192 0 465
Non-Cash Asset Write-Down      
Restructuring Reserve [Roll Forward]      
Rationalization Reserve, Beginning Balance 0 0 0
Charged to expense 18,550 29,902 (10,077)
Utilized and currency translation (18,550) (29,902) 10,077
Rationalization Reserve, Ending Balance $ 0 $ 0 $ 0
v3.25.4
ACCUMULATED OTHER COMPREHENSIVE LOSS - Schedule of Amounts Included in Accumulated Other Comprehensive Loss, Net of Tax (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss)      
Beginning balance $ 1,989,581 $ 1,889,358  
Other comprehensive (loss) income before reclassifications 134,826 (104,671) $ 62,557
Amounts reclassified from accumulated other comprehensive loss 4,975 2,675 31,392
Other comprehensive income (loss) 139,801 (101,996) 93,949
Ending balance 2,274,301 1,989,581 1,889,358
Accumulated other comprehensive loss      
Accumulated Other Comprehensive Income (Loss)      
Beginning balance (353,357) (251,361) (345,310)
Ending balance (213,556) (353,357) (251,361)
Unrecognized Net Defined Benefit Plan Costs      
Accumulated Other Comprehensive Income (Loss)      
Beginning balance (129,988) (133,523) (156,733)
Other comprehensive (loss) income before reclassifications 8,215 (2,279) 15,556
Amounts reclassified from accumulated other comprehensive loss 4,933 5,814 7,654
Other comprehensive income (loss) 13,148 3,535 23,210
Ending balance (116,840) (129,988) (133,523)
Change in Fair Value of Derivatives      
Accumulated Other Comprehensive Income (Loss)      
Beginning balance (5,039) (216) (772)
Other comprehensive (loss) income before reclassifications 4,031 (1,684) 852
Amounts reclassified from accumulated other comprehensive loss 42 (3,139) (296)
Other comprehensive income (loss) 4,073 (4,823) 556
Ending balance (966) (5,039) (216)
Foreign Currency Translation      
Accumulated Other Comprehensive Income (Loss)      
Beginning balance (218,330) (117,622) (187,805)
Other comprehensive (loss) income before reclassifications 122,580 (100,708) 46,149
Amounts reclassified from accumulated other comprehensive loss 0 0 24,034
Other comprehensive income (loss) 122,580 (100,708) 70,183
Ending balance $ (95,750) $ (218,330) $ (117,622)
v3.25.4
ACCUMULATED OTHER COMPREHENSIVE LOSS - Narrative (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
facility
Jan. 01, 2023
facility
Russia Federation | Metal Containers        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Number of facilities closed | facility     2 2
Accumulated Defined Benefit Plans Adjustment        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Reclassification to earnings from the unrecognized net defined benefit plan, net (losses) $ (6.6) $ (7.6) $ (10.2)  
Reclassification to earnings from the unrecognized net defined benefit plan, tax 1.6 1.8 2.5  
Amortization of net actuarial (losses) (6.6) (7.5) (11.0)  
Amortization of net prior service (cost) credit   (0.1) 0.8  
Accumulated Translation Adjustment        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Foreign currency (losses) gains related to translation 230.3 (147.6) 57.7  
Foreign currency gains (losses) related to net investment hedges (142.3) 61.3 (17.3)  
Derivatives used in net investment hedge, tax (provision) benefit $ 34.4 $ (14.5) $ 3.8  
v3.25.4
INVENTORIES - Schedule of Components of Inventory (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Inventory Disclosure [Abstract]    
Raw materials $ 586,296 $ 450,389
Work-in-process 204,882 199,030
Finished goods 595,089 530,406
Other 16,861 17,192
Inventory, gross, total 1,403,128 1,197,017
Adjustment to value inventory at cost on the LIFO method (322,994) (268,961)
Inventories $ 1,080,134 $ 928,056
v3.25.4
INVENTORIES - Narrative (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Inventory Disclosure [Abstract]    
Inventory recorded on FIFO method $ 271.5 $ 264.7
Inventory recorded on average cost method $ 242.1 $ 195.5
v3.25.4
PROPERTY, PLANT AND EQUIPMENT, NET (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Property, Plant and Equipment [Line Items]      
Property, plant and equipment, gross $ 5,512,211 $ 5,151,136  
Accumulated depreciation (3,133,880) (2,868,233)  
Property, plant and equipment, net 2,378,331 2,282,903  
Depreciation 254,540 223,264 $ 210,142
Land      
Property, Plant and Equipment [Line Items]      
Property, plant and equipment, gross 105,227 96,965  
Buildings and improvements      
Property, Plant and Equipment [Line Items]      
Property, plant and equipment, gross 691,045 650,587  
Machinery and equipment      
Property, Plant and Equipment [Line Items]      
Property, plant and equipment, gross 4,407,018 4,122,498  
Construction in progress      
Property, Plant and Equipment [Line Items]      
Property, plant and equipment, gross $ 308,921 $ 281,086  
v3.25.4
GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Schedule of Changes in Carrying Amount of Goodwill (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Goodwill [Roll Forward]    
Beginning balance $ 2,316,031 $ 2,018,241
Acquisition 13,456 379,649
Currency translation 157,191 (81,859)
Ending balance 2,486,678 2,316,031
Dispensing and Specialty Closures    
Goodwill [Roll Forward]    
Beginning balance 1,973,738 1,670,972
Acquisition 13,456 379,649
Currency translation 149,272 (76,883)
Ending balance 2,136,466 1,973,738
Metal Containers    
Goodwill [Roll Forward]    
Beginning balance 116,942 120,499
Acquisition 0 0
Currency translation 7,150 (3,557)
Ending balance 124,092 116,942
Custom Containers    
Goodwill [Roll Forward]    
Beginning balance 225,351 226,770
Acquisition 0 0
Currency translation 769 (1,419)
Ending balance $ 226,120 $ 225,351
v3.25.4
GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Schedule of Components of Other Intangible Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Intangible Assets by Major Class [Line Items]    
Definite-lived intangibles, gross amount $ 1,310,238 $ 1,198,302
Intangibles, gross amount 1,342,378 1,230,442
Definite-lived intangibles, accumulated amortization (442,295) (360,974)
Trade names    
Intangible Assets by Major Class [Line Items]    
Indefinite-lived intangibles, gross amount 32,140 32,140
Customer relationships    
Intangible Assets by Major Class [Line Items]    
Definite-lived intangibles, gross amount 1,159,220 1,059,991
Definite-lived intangibles, accumulated amortization (366,349) (299,917)
Other    
Intangible Assets by Major Class [Line Items]    
Definite-lived intangibles, gross amount 151,018 138,311
Definite-lived intangibles, accumulated amortization $ (75,946) $ (61,057)
v3.25.4
GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Narrative (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]      
Amortization expense $ 64.6 $ 52.6 $ 53.1
Expected amortization expense in 2026 64.0    
Expected amortization expense in 2027 63.2    
Expected amortization expense in 2028 60.9    
Expected amortization expense in 2029 59.2    
Expected amortization expense in 2030 $ 57.2    
v3.25.4
LONG-TERM DEBT - Schedule of Long-term Debt (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Feb. 10, 2021
Debt Instrument [Line Items]      
Total debt - principal $ 4,364,678 $ 4,150,173  
Less unamortized debt issuance costs and debt discount 17,830 13,320  
Total debt 4,346,848 4,136,853  
Less current portion 631,632 716,932  
Long-term debt 3,715,216 3,419,921  
Bank Debt      
Debt Instrument [Line Items]      
Total debt - principal 1,934,055 1,817,675  
3¼% Senior Notes | Senior Notes      
Debt Instrument [Line Items]      
Total debt - principal 0 673,075  
1.4% Senior Secured Notes | Senior Notes      
Debt Instrument [Line Items]      
Total debt - principal 500,000    
Less current portion $ 500,000    
Stated interest rate 1.40%    
Finance leases      
Debt Instrument [Line Items]      
Total debt - principal $ 38,783 41,673  
Bank revolving loans | Bank Debt      
Debt Instrument [Line Items]      
Total debt - principal 0 0  
U.S. term loans | Bank Debt      
Debt Instrument [Line Items]      
Total debt - principal 841,500 850,000  
Less current portion 42,500    
Euro term loans | Bank Debt      
Debt Instrument [Line Items]      
Total debt - principal 1,046,390 931,950  
Less current portion 52,800    
Other foreign bank revolving and term loans | Bank Debt      
Debt Instrument [Line Items]      
Total debt - principal 46,165 35,725  
Less current portion $ 32,600    
Senior Notes | 3¼% Senior Notes      
Debt Instrument [Line Items]      
Stated interest rate 3.25%    
Senior Notes | 4⅛% Senior Notes      
Debt Instrument [Line Items]      
Total debt - principal $ 600,000 600,000  
Stated interest rate 4.125%    
Senior Notes | 2¼% Senior Notes      
Debt Instrument [Line Items]      
Total debt - principal $ 587,200 517,750  
Stated interest rate 2.25%    
Senior Notes | 4¼% Senior Notes      
Debt Instrument [Line Items]      
Total debt - principal $ 704,640 0  
Stated interest rate 4.25%    
Senior Notes | 1.4% Senior Secured Notes      
Debt Instrument [Line Items]      
Total debt - principal   $ 500,000  
Stated interest rate     1.40%
v3.25.4
LONG-TERM DEBT - Schedule of Aggregate Annual Maturities of Debt (Details)
$ in Thousands
Dec. 31, 2025
USD ($)
Debt Disclosure [Abstract]  
2026 $ 627,926
2027 194,322
2028 1,379,544
2029 192,306
2030 1,221,976
Thereafter 709,821
Debt, long-term and short-term, combined amount excluding finance leases $ 4,325,895
v3.25.4
LONG-TERM DEBT - Aggregate Annual Maturities of Debt Additional Information (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Feb. 10, 2021
Debt Instrument [Line Items]      
Long-term debt, current maturities $ 631,632 $ 716,932  
Finance leases      
Debt Instrument [Line Items]      
Long-term debt, current maturities 3,700    
1.4% Senior Secured Notes | Senior Notes      
Debt Instrument [Line Items]      
Long-term debt, current maturities $ 500,000    
Stated interest rate 1.40%    
1.4% Senior Secured Notes | Senior Notes      
Debt Instrument [Line Items]      
Stated interest rate     1.40%
Bank Debt | U.S. term loans      
Debt Instrument [Line Items]      
Long-term debt, current maturities $ 42,500    
Bank Debt | Euro term loans      
Debt Instrument [Line Items]      
Long-term debt, current maturities 52,800    
Bank Debt | Other Foreign Bank Revolving and Term Loans      
Debt Instrument [Line Items]      
Long-term debt, current maturities $ 32,600    
v3.25.4
LONG-TERM DEBT - Bank Credit Agreements (Details)
€ in Millions
 12 Months Ended 105 Months Ended
Nov. 04, 2024
EUR (€)
Dec. 31, 2025
USD ($)
Dec. 31, 2025
EUR (€)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2025
USD ($)
amendment
Dec. 31, 2025
EUR (€)
Dec. 31, 2024
EUR (€)
Nov. 04, 2024
USD ($)
Nov. 04, 2024
EUR (€)
Nov. 03, 2024
USD ($)
Nov. 03, 2024
EUR (€)
Feb. 10, 2021
USD ($)
Debt Instrument [Line Items]                          
Debt, long-term and short-term, combined amount   $ 4,364,678,000   $ 4,150,173,000   $ 4,364,678,000              
Long term debt, matures in year one   627,926,000       627,926,000              
Long term debt, matures in year two   194,322,000       194,322,000              
Long term debt, matures in year three   1,379,544,000       1,379,544,000              
Long term debt, matures in year four   192,306,000       $ 192,306,000              
Gain (loss) on extinguishment of debt   0   (1,056,000) $ 0                
Bank Credit Agreement                          
Debt Instrument [Line Items]                          
Debt instrument, number of amendments | amendment           5              
Gain (loss) on extinguishment of debt       (1,100,000)                  
Bank Credit Agreement | Canadian and Other Non-U.S. Subsidiaries Directly Owned by U.S. subsidiaries                          
Debt Instrument [Line Items]                          
Percent of stocks pledged as security to lenders                 65.00% 65.00%      
Bank Credit Agreement | Term Loan                          
Debt Instrument [Line Items]                          
Debt, long-term and short-term, combined amount   $ 1,890,000,000   $ 1,780,000,000   $ 1,890,000,000              
Debt, weighted average interest rate   4.60%   6.40% 6.50% 4.60% 4.60% 6.40%          
Interest rate swap agreement, rate   4.60%   5.90% 6.20% 4.60% 4.60% 5.90%          
Bank Credit Agreement | Term Loan | Minimum | Base Rate                          
Debt Instrument [Line Items]                          
Debt instrument, margin   0.00% 0.00%                    
Bank Credit Agreement | Term Loan | Maximum | Base Rate                          
Debt Instrument [Line Items]                          
Debt instrument, margin   0.75% 0.75%                    
Bank Credit Agreement | Euro term loans                          
Debt Instrument [Line Items]                          
Debt instrument, face amount | €                   € 900.0   € 700.0  
Debt, long-term and short-term, combined amount | €             € 891.0 € 900.0          
Long term debt, matures in year one | €             45.0            
Long term debt, matures in year two | €             90.0            
Long term debt, matures in year three | €             90.0            
Long term debt, matures in year four | €             90.0            
Long-term debt, maturity, after year five | €             € 576.0            
Repayments of debt | €     € 9.0                    
Line of credit facility, interest rate at period end   3.52%       3.52% 3.52%            
Bank Credit Agreement | U.S. term loans                          
Debt Instrument [Line Items]                          
Debt, long-term and short-term, combined amount   $ 841,500,000   $ 850,000,000.0   $ 841,500,000              
Long term debt, matures in year one   42,500,000       42,500,000              
Long term debt, matures in year two   85,000,000.0       85,000,000.0              
Long term debt, matures in year three   85,000,000.0       85,000,000.0              
Long term debt, matures in year four   85,000,000.0       85,000,000.0              
Long-term debt, maturity, after year five   544,000,000.0       $ 544,000,000.0              
Repayments of debt   $ 8,500,000   100,000,000.0 $ 50,000,000.0                
Line of credit facility, interest rate at period end   5.56%       5.56% 5.56%            
Bank Credit Agreement | Multicurrency Revolving Loan Facility                          
Debt Instrument [Line Items]                          
Line of credit facility, maximum borrowing capacity   $ 125,000,000.0       $ 125,000,000.0     $ 1,500,000,000   $ 1,250,000,000    
Letters of credit facing fee   $ 500                      
Letters of credit facing fee percentage   0.25% 0.25%                    
Bank Credit Agreement | Eurocurrency Rate Loan and RFR Loans | Minimum | Eurocurrency Rate and Transitioned RFR                          
Debt Instrument [Line Items]                          
Debt instrument, margin   1.00% 1.00%                    
Bank Credit Agreement | Eurocurrency Rate Loan and RFR Loans | Maximum | Eurocurrency Rate and Transitioned RFR                          
Debt Instrument [Line Items]                          
Debt instrument, margin   1.75% 1.75%                    
Bank Credit Agreement | Revolving Loans and Swingline Loans | Minimum | U.S. Dollar-denominated Base Rate and Canadian Dollar-Denominated Prime Rate                          
Debt Instrument [Line Items]                          
Debt instrument, margin   0.00% 0.00%                    
Bank Credit Agreement | Revolving Loans and Swingline Loans | Maximum | U.S. Dollar-denominated Base Rate and Canadian Dollar-Denominated Prime Rate                          
Debt Instrument [Line Items]                          
Debt instrument, margin   0.50% 0.50%                    
Bank Credit Agreement | Eurocurrency Rate Loan, and RFR Loans | Minimum | Eurocurrency Rate Loans, and RFR Loans (other than SONIA RFR Loans)                          
Debt Instrument [Line Items]                          
Debt instrument, margin   1.00% 1.00%                    
Bank Credit Agreement | Eurocurrency Rate Loan, and RFR Loans | Maximum | Eurocurrency Rate Loans, and RFR Loans (other than SONIA RFR Loans)                          
Debt Instrument [Line Items]                          
Debt instrument, margin   1.50% 1.50%                    
Bank Credit Agreement | Revolving Loans Maintained As Initial RFR Loans | Initial RFR                          
Debt Instrument [Line Items]                          
Debt instrument, margin   1.2826% 1.2826%                    
Bank Credit Agreement | Revolving Loans Maintained As Initial RFR Loans | Minimum | Initial RFR                          
Debt Instrument [Line Items]                          
Debt instrument, margin   1.0326% 1.0326%                    
Bank Credit Agreement | Revolving Loans Maintained As Initial RFR Loans | Maximum | Initial RFR                          
Debt Instrument [Line Items]                          
Debt instrument, margin   1.5326% 1.5326%                    
Bank Credit Agreement | Multicurrency Incremental Loan Facility                          
Debt Instrument [Line Items]                          
Line of credit facility, maximum borrowing capacity                 1,500,000,000        
Bank Credit Agreement | Multicurrency Incremental Loan Facility | Minimum                          
Debt Instrument [Line Items]                          
Additional borrowing capacity                 $ 50,000,000.0        
Bank Credit Agreement | Revolving Loan                          
Debt Instrument [Line Items]                          
Debt, long-term and short-term, combined amount   $ 0   $ 0   $ 0              
Line of credit facility, unused capacity, commitment fee percentage   0.25% 0.25%                    
Debt, weighted average interest rate   4.60%   6.20% 6.40% 4.60% 4.60% 6.20%          
Bank Credit Agreement | Revolving Loan | Minimum                          
Debt Instrument [Line Items]                          
Line of credit facility, unused capacity, commitment fee percentage   0.20% 0.20%                    
Bank Credit Agreement | Revolving Loan | Maximum                          
Debt Instrument [Line Items]                          
Line of credit facility, unused capacity, commitment fee percentage   0.30% 0.30%                    
Bank Credit Agreement | Term Loans Maintained as Eurocurrency Rate Loans and RFR Loans | Eurocurrency Rate, and Transitioned RFR Rate                          
Debt Instrument [Line Items]                          
Debt instrument, margin   1.50% 1.50%                    
Bank Credit Agreement | Term Loans Maintained as Base Rate Loan | Base Rate                          
Debt Instrument [Line Items]                          
Debt instrument, margin   0.50% 0.50%                    
Bank Credit Agreement | Revolving Loans Maintained as Eurocurrency Rate Loans, RFR Loans (other than SONIA RFR Loans) | Eurocurrency Rate Loans, and RFR Loans (other than SONIA RFR Loans)                          
Debt Instrument [Line Items]                          
Debt instrument, margin   1.25% 1.25%                    
Bank Credit Agreement | Revolving Loan Maintained as Base Rate Loan and Canadian Prime Rate loan | Base Rate and Canadian Prime Rate                          
Debt Instrument [Line Items]                          
Debt instrument, margin   0.25% 0.25%                    
Bank Credit Agreement, Fifth Amendment, Portion Used To Repay Revolving Loans | Euro term loans                          
Debt Instrument [Line Items]                          
Proceeds from issuance of debt | € € 200.0                        
1.4% Senior Secured Notes | Senior Notes                          
Debt Instrument [Line Items]                          
Debt instrument, face amount                         $ 500,000,000.0
Stated interest rate                         1.40%
Debt, long-term and short-term, combined amount       $ 500,000,000                  
v3.25.4
LONG-TERM DEBT - 4 1/4% Senior Secured Notes (Details)
€ in Millions, $ in Millions
Sep. 12, 2025
EUR (€)
Feb. 10, 2021
USD ($)
Nov. 12, 2019
USD ($)
Dec. 31, 2025
Feb. 26, 2020
USD ($)
4¼% Senior Notes | Senior Notes          
Debt Instrument [Line Items]          
Debt instrument, face amount | € € 600.0        
Debt instrument offering price percentage at principal amount 100.00%        
Stated interest rate       4.25%  
Debt redemption, maximum percentage of aggregate principal amount of debt outstanding 40.00%        
Validity tender offer percentage 90.00%        
Proceeds from issuance of senior notes, net of purchasers' discount and estimated offering expenses | € € 592.4        
4¼% Senior Notes | Senior Notes | Debt Instrument Redemption Period - On Or After September 15 2027          
Debt Instrument [Line Items]          
Debt instrument, redemption price, percentage 102.125%        
4¼% Senior Notes | Senior Notes | Debt Instrument Redemption Period - On Or After September 15 2029          
Debt Instrument [Line Items]          
Debt instrument, redemption price, percentage 100.00%        
4¼% Senior Notes | Senior Notes | Debt Instrument Redemption Period - Prior To September 15 2027          
Debt Instrument [Line Items]          
Debt instrument, redemption price, percentage 100.00%        
4¼% Senior Notes | Senior Notes | Debt Instrument Redemption Period - Prior To September 15 2027 With Proceeds From Sale Of Capital Stock          
Debt Instrument [Line Items]          
Debt instrument, redemption price, percentage 104.25%        
4¼% Senior Notes | Senior Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event          
Debt Instrument [Line Items]          
Debt instrument, redemption price, percentage 101.00%        
1.4% Senior Secured Notes | Senior Notes          
Debt Instrument [Line Items]          
Stated interest rate       1.40%  
1.4% Senior Secured Notes | Senior Notes          
Debt Instrument [Line Items]          
Debt instrument, face amount | $   $ 500.0      
Debt instrument offering price percentage at principal amount   99.945%      
Stated interest rate   1.40%      
1.4% Senior Secured Notes | Senior Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event          
Debt Instrument [Line Items]          
Debt instrument, redemption price, percentage   101.00%      
4⅛% Senior Notes          
Debt Instrument [Line Items]          
Debt instrument, redemption price, percentage     100.00%    
Validity tender offer percentage     90.00%    
4⅛% Senior Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event          
Debt Instrument [Line Items]          
Debt instrument, redemption price, percentage     101.00%    
4⅛% Senior Notes | Senior Notes          
Debt Instrument [Line Items]          
Debt instrument, face amount | $     $ 400.0   $ 200.0
Debt instrument offering price percentage at principal amount     100.00%   99.50%
Stated interest rate       4.125%  
v3.25.4
LONG-TERM DEBT - 1.4% Senior Secured Notes (Details) - 1.4% Senior Secured Notes - Senior Notes
$ in Millions
Feb. 10, 2021
USD ($)
Debt Instrument [Line Items]  
Stated interest rate 1.40%
Debt instrument, face amount $ 500.0
Debt instrument offering price percentage at principal amount 99.945%
Debt instrument, redemption term 1 month
Debt Instrument, Redemption - One Month Prior To The Par Call Date  
Debt Instrument [Line Items]  
Debt instrument, redemption price, percentage 100.00%
Debt Instrument, Redemption Period - On or After the Par Call Date  
Debt Instrument [Line Items]  
Debt instrument, redemption price, percentage 100.00%
Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event  
Debt Instrument [Line Items]  
Debt instrument, redemption price, percentage 101.00%
v3.25.4
LONG-TERM DEBT - 2 1/4% Senior Notes (Details)
€ in Millions, $ in Millions
Sep. 12, 2025
EUR (€)
Feb. 10, 2021
USD ($)
Feb. 26, 2020
EUR (€)
Nov. 12, 2019
USD ($)
Dec. 31, 2025
Feb. 26, 2020
USD ($)
2¼% Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage     100.00%      
Validity tender offer percentage     90.00%     90.00%
2¼% Senior Notes | Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, face amount | €     € 500.0      
Debt instrument offering price percentage at principal amount     100.00%     100.00%
Stated interest rate         2.25%  
2¼% Senior Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage     101.00%      
1.4% Senior Secured Notes | Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, face amount | $   $ 500.0        
Debt instrument offering price percentage at principal amount   99.945%        
Stated interest rate   1.40%        
1.4% Senior Secured Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event | Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage   101.00%        
4¼% Senior Notes | Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, face amount | € € 600.0          
Debt instrument offering price percentage at principal amount 100.00%          
Stated interest rate         4.25%  
Validity tender offer percentage 90.00%          
4¼% Senior Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event | Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage 101.00%          
4⅛% Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage       100.00%    
Validity tender offer percentage       90.00%    
4⅛% Senior Notes | Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, face amount | $       $ 400.0   $ 200.0
Debt instrument offering price percentage at principal amount     99.50% 100.00%   99.50%
Stated interest rate         4.125%  
4⅛% Senior Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage       101.00%    
v3.25.4
LONG-TERM DEBT - 4 1/8% Senior Notes (Details)
€ in Millions, $ in Millions
Sep. 12, 2025
EUR (€)
Feb. 10, 2021
USD ($)
Feb. 26, 2020
EUR (€)
Nov. 12, 2019
USD ($)
Dec. 31, 2025
Feb. 26, 2020
USD ($)
4⅛% Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage       100.00%    
Validity tender offer percentage       90.00%    
4⅛% Senior Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage       101.00%    
2¼% Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage     100.00%      
Validity tender offer percentage     90.00%     90.00%
2¼% Senior Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage     101.00%      
Senior Notes | 4⅛% Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, face amount | $       $ 400.0   $ 200.0
Debt instrument offering price percentage at principal amount     99.50% 100.00%   99.50%
Stated interest rate         4.125%  
Senior Notes | 1.4% Senior Secured Notes            
Debt Instrument [Line Items]            
Debt instrument, face amount | $   $ 500.0        
Debt instrument offering price percentage at principal amount   99.945%        
Stated interest rate   1.40%        
Senior Notes | 1.4% Senior Secured Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage   101.00%        
Senior Notes | 2¼% Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, face amount | €     € 500.0      
Debt instrument offering price percentage at principal amount     100.00%     100.00%
Stated interest rate         2.25%  
Senior Notes | 4¼% Senior Notes            
Debt Instrument [Line Items]            
Debt instrument, face amount | € € 600.0          
Debt instrument offering price percentage at principal amount 100.00%          
Stated interest rate         4.25%  
Validity tender offer percentage 90.00%          
Senior Notes | 4¼% Senior Notes | Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event            
Debt Instrument [Line Items]            
Debt instrument, redemption price, percentage 101.00%          
v3.25.4
LONG-TERM DEBT - 3 1/4% Senior Notes (Details)
$ in Thousands, € in Millions
 12 Months Ended
Mar. 15, 2025
EUR (€)
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Debt Instrument [Line Items]        
Repayments of Long-term Debt | $   $ 725,196 $ 100,000 $ 58,083
3¼% Senior Notes | Senior Notes        
Debt Instrument [Line Items]        
Repayments of Long-term Debt | € € 650.0      
Debt instrument, redemption price, percentage 100.00%      
v3.25.4
FINANCIAL INSTRUMENTS - Schedule of Carrying Amounts and Estimated Fair Values of Other Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Feb. 10, 2021
1.4% Senior Secured Notes | Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Stated interest rate 1.40%    
Carrying Amount      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents $ 1,080,659 $ 822,854  
Carrying Amount | 1.4% Senior Secured Notes | Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Short-term debt, fair value 499,985    
Fair Value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Cash and cash equivalents 1,080,659 822,854  
Fair Value | 1.4% Senior Secured Notes | Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Short-term debt, fair value 495,750    
Bank Debt | Carrying Amount      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, fair value 1,934,055 1,817,675  
Bank Debt | Fair Value      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, fair value $ 1,934,055 1,817,675  
Senior Notes | 4⅛% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Stated interest rate 4.125%    
Senior Notes | 2¼% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Stated interest rate 2.25%    
Senior Notes | 4¼% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Stated interest rate 4.25%    
Senior Notes | 1.4% Senior Secured Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Stated interest rate     1.40%
Senior Notes | Carrying Amount | 4⅛% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, fair value $ 599,695 599,564  
Senior Notes | Carrying Amount | 2¼% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, fair value 587,200 517,750  
Senior Notes | Carrying Amount | 4¼% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, fair value 704,640 0  
Senior Notes | Carrying Amount | 1.4% Senior Secured Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, fair value   499,930  
Senior Notes | Fair Value | 4⅛% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, fair value 590,628 572,646  
Senior Notes | Fair Value | 2¼% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, fair value 575,174 494,239  
Senior Notes | Fair Value | 4¼% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, fair value $ 715,210 0  
Senior Notes | Fair Value | 1.4% Senior Secured Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term debt, fair value   $ 476,260  
v3.25.4
FINANCIAL INSTRUMENTS - Narrative (Details)
€ in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Oct. 31, 2024
EUR (€)
Mar. 31, 2023
USD ($)
Feb. 10, 2021
Dec. 31, 2018
USD ($)
Revenue from Contract with Customer Benchmark | Customer Concentration Risk | Two Largest Customers              
Derivative [Line Items]              
Concentration risk, percentage 20.40% 20.30% 19.80%        
Accounts Receivable | Customer Concentration Risk | Two Largest Customers              
Derivative [Line Items]              
Concentration risk, percentage 3.30% 2.80%          
Accumulated Translation Adjustment              
Derivative [Line Items]              
Foreign currency (losses) gains of net investment hedges included in accumulated other comprehensive loss | $ $ (142.3) $ 61.3 $ (17.3)        
USD Interest Rate Swap, Maturity Date March, 2023              
Derivative [Line Items]              
Derivative, notional amount | $             $ 100.0
Derivative, fixed interest rate             2.878%
USD Interest Rate Swap, Maturity Date April, 2026              
Derivative [Line Items]              
Derivative, notional amount | $         $ 300.0    
Derivative, fixed interest rate         3.90%    
Euro Dollar Interest Rate Swap              
Derivative [Line Items]              
Derivative, notional amount       € 685.0      
Derivative, fixed interest rate       2.43%      
Euro Dollar Interest Rate Swap, Maturity Date October, 2026              
Derivative [Line Items]              
Derivative, notional amount       € 35.0      
Euro Dollar Interest Rate Swap, Maturity Date October, 2027              
Derivative [Line Items]              
Derivative, notional amount       70.0      
Euro Dollar Interest Rate Swap, Maturity Date October, 2030              
Derivative [Line Items]              
Derivative, notional amount       € 580.0      
1.4% Senior Secured Notes | Senior Notes              
Derivative [Line Items]              
Stated interest rate           1.40%  
v3.25.4
COMMITMENTS AND CONTINGENCIES - Narrative (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]      
Operating lease, expense $ 112,700 $ 100,700 $ 98,400
Right-of-use asset obtained in exchange for operating lease liability $ 90,600 $ 41,700 $ 67,300
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List] Other assets, net Other assets, net  
Operating lease, right-of-use asset $ 255,600 $ 206,100  
Operating lease, liability $ 270,235 $ 220,500  
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List] Accrued liabilities Accrued liabilities  
Operating lease, liability, current $ 50,700 $ 48,900  
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List] Other liabilities Other liabilities  
Operating lease, liability, noncurrent $ 219,500 $ 171,600  
Operating lease, weighted average discount rate 5.20%    
Operating lease, weighted average remaining lease term 7 years    
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List] Property, plant and equipment, net Property, plant and equipment, net  
Finance lease, right-of-use asset $ 39,700 $ 38,400  
Finance lease, liability $ 38,784 $ 41,700  
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List] Less current portion Less current portion  
Finance lease, liability, current $ 3,700 $ 4,500  
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List] Long-term debt Long-term debt  
Finance lease, liability, noncurrent $ 35,100 $ 37,200  
Finance lease, weighted average discount rate 4.40%    
Finance lease, weighted average remaining lease term 12 years    
Purchase commitment, remaining minimum amount committed $ 36,000    
v3.25.4
COMMITMENTS AND CONTINGENCIES - Schedule of Aggregate Maturities of Operating and Finance Lease Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Operating Leases    
2026 $ 66,368  
2027 53,409  
2028 42,076  
2029 33,522  
2030 30,396  
Thereafter 97,315  
Total lease payments 323,086  
Less imputed interest (52,851)  
Total 270,235 $ 220,500
Finance Leases    
2026 5,295  
2027 4,504  
2028 3,952  
2029 3,755  
2030 3,295  
Thereafter 30,171  
Total lease payments 50,972  
Less imputed interest (12,188)  
Total $ 38,784 $ 41,700
v3.25.4
SUPPLY CHAIN FINANCE PROGRAM - Narrative (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Payables and Accruals [Abstract]      
Termination notice period (at least) 30 days    
Termination notice period by financial institution (at least) 10 days    
Supply chain finance program, payment period (up to) 210 days    
Supplier chain finance program obligation, current $ 438,514 $ 303,707 $ 330,153
Supplier Finance Program, Obligation, Current, Statement of Financial Position [Extensible Enumeration] Trade accounts payable Trade accounts payable  
v3.25.4
SUPPLY CHAIN FINANCE PROGRAM - Schedule of Outstanding Obligations under Supply Chain Finance Program (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Payables and Accruals [Abstract]    
Confirmed obligations outstanding at the beginning of the year $ 303,707 $ 330,153
Invoices confirmed during the year 706,840 575,592
Confirmed invoices paid during the year (572,033) (602,038)
Obligations outstanding at the end of the year $ 438,514 $ 303,707
v3.25.4
RETIREMENT BENEFITS - Schedule of Changes in Benefit Obligations and Plan Assets as Well as Funded Status of Retirement Plans (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Change in plan assets      
Fair value of plan assets at beginning of year $ 769,630    
Fair value of plan assets at end of year 780,505 $ 769,630  
Pension Benefits      
Change in benefit obligation      
Obligation at beginning of year 653,971 698,726  
Service cost 7,467 8,415 $ 8,573
Interest cost 32,559 33,868 34,725
Actuarial losses (gains) 8,000 (18,748)  
Special termination benefits 0 0  
Plan amendments 36 0  
Curtailment gain (1,346) (239)  
Benefits paid (49,494) (62,056)  
Participants’ contributions 0 0  
Foreign currency exchange rate changes 12,231 (5,995)  
Obligation at end of year 663,424 653,971 698,726
Change in plan assets      
Fair value of plan assets at beginning of year 769,630 807,016  
Actual return on plan assets 57,200 21,689  
Employer contributions 3,169 2,981  
Participants’ contributions 0 0  
Benefits paid (49,494) (62,056)  
Fair value of plan assets at end of year 780,505 769,630 807,016
Funded status 117,081 115,659  
Amounts recognized in the consolidated balance sheets      
Non-current assets 208,100 206,800  
Current liabilities (3,735) (3,009)  
Non-current liabilities (87,284) (88,132)  
Net amount recognized 117,081 115,659  
Amounts recognized in accumulated other comprehensive loss      
Net actuarial loss (gain) 155,043 170,649  
Prior service cost (credit) 101 234  
Net amount recognized 155,144 170,883  
Other Postretirement Benefits      
Change in benefit obligation      
Obligation at beginning of year 11,955 13,373  
Service cost 13 27 50
Interest cost 428 644 745
Actuarial losses (gains) (2,529) (65)  
Special termination benefits 0 0  
Plan amendments (38) (339)  
Curtailment gain 0 0  
Benefits paid (1,247) (1,703)  
Participants’ contributions 1 18  
Foreign currency exchange rate changes 0 0  
Obligation at end of year 8,583 11,955 13,373
Change in plan assets      
Fair value of plan assets at beginning of year 0 0  
Actual return on plan assets 0 0  
Employer contributions 1,246 1,685  
Participants’ contributions 1 18  
Benefits paid (1,247) (1,703)  
Fair value of plan assets at end of year 0 0 $ 0
Funded status (8,583) (11,955)  
Amounts recognized in the consolidated balance sheets      
Non-current assets 0 0  
Current liabilities (1,643) (1,299)  
Non-current liabilities (6,940) (10,656)  
Net amount recognized (8,583) (11,955)  
Amounts recognized in accumulated other comprehensive loss      
Net actuarial loss (gain) (6,192) (4,443)  
Prior service cost (credit) (318) (340)  
Net amount recognized $ (6,510) $ (4,783)  
v3.25.4
RETIREMENT BENEFITS - Narrative (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
USD ($)
plan
company
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Defined Benefit Plan Disclosure [Line Items]      
Number of plans | plan 2    
Contributions $ 3,001 $ 3,204 $ 3,634
Defined contribution plans contributions charged to expense $ 16,200 $ 14,900 16,400
Actual Allocation 100.00% 100.00%  
Fair value of plan assets $ 780,505 $ 769,630  
Number of investment management companies | company 4    
Level 1      
Defined Benefit Plan Disclosure [Line Items]      
Fair value of plan assets $ 255,000 220,900  
Level 2      
Defined Benefit Plan Disclosure [Line Items]      
Fair value of plan assets $ 525,500 $ 548,700  
Liability-hedging Oriented Portfolio      
Defined Benefit Plan Disclosure [Line Items]      
Actual Allocation 83.00%    
Growth Oriented Portfolio      
Defined Benefit Plan Disclosure [Line Items]      
Actual Allocation 17.00%    
Equity Securities      
Defined Benefit Plan Disclosure [Line Items]      
Mutual funds and exchange trade funds, target allocation percentage 60.00%    
Fixed income securities      
Defined Benefit Plan Disclosure [Line Items]      
Actual Allocation 88.00% 87.00%  
Mutual funds and exchange trade funds, target allocation percentage 40.00%    
Fair value of plan assets $ 686,724 $ 669,645  
IAM National Pension Fund      
Defined Benefit Plan Disclosure [Line Items]      
Contributions 2,538 $ 2,624 2,626
Employer contribution to total employer contribution, percentage (more than for UFCW Pension Fund and less than for IAM National Fund and Western Conference of Teamsters Pension Plan)   5.00%  
Western Conference of Teamsters Pension Plan      
Defined Benefit Plan Disclosure [Line Items]      
Contributions 463 $ 580 1,008
Employer contribution to total employer contribution, percentage (more than for UFCW Pension Fund and less than for IAM National Fund and Western Conference of Teamsters Pension Plan)   5.00%  
Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Accumulated benefit obligation, pension benefit plans 652,400 $ 639,700  
Fair value of plan assets $ 780,505 $ 769,630 $ 807,016
UNITED STATES | Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Domestic pension plans, funded percentage 136.00% 137.00%  
Foreign Plan | Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Accumulated benefit obligations in excess of plan assets, projected benefit obligation $ 91,000 $ 91,100  
Accumulated benefit obligations in excess of plan assets, accumulated benefit obligation $ 88,800 $ 86,500  
Benefit obligation discount rate (in percentage) 4.30% 3.60%  
Rate of compensation increase 4.10% 4.10%  
Discount rate 3.60% 3.60% 4.20%
Net periodic benefit cost rate of compensation increase 4.10% 4.10% 3.90%
v3.25.4
RETIREMENT BENEFITS - Schedule of Benefits Expected to be Paid from Pension and Other Postretirement Benefit Plans (Details)
$ in Thousands
Dec. 31, 2025
USD ($)
Pension Benefits  
Defined Benefit Plan Disclosure [Line Items]  
2026 $ 48,749
2027 49,563
2028 50,119
2029 50,542
2030 50,857
2031-2035 249,093
Defined benefit plan expected future benefit payments 498,923
Other Postretirement Benefits  
Defined Benefit Plan Disclosure [Line Items]  
2026 1,643
2027 1,013
2028 892
2029 819
2030 762
2031-2035 3,044
Defined benefit plan expected future benefit payments $ 8,173
v3.25.4
RETIREMENT BENEFITS - Schedule of Weighted Average Actuarial Assumptions to Determine Benefit Obligations (Details) - Domestic Plan
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Defined Benefit Plan Disclosure [Line Items]    
Discount rate 5.40% 5.70%
Expected return on plan assets 5.50% 5.50%
Rate of compensation increase 3.30% 2.40%
Assumed for next year 6.80% 5.00%
Ultimate rate 4.00% 4.00%
Year that the ultimate rate is reached 2048 2043
v3.25.4
RETIREMENT BENEFITS - Schedule of Components of Net Periodic Benefit Cost (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Pension Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Service cost $ 7,467 $ 8,415 $ 8,573
Interest cost 32,559 33,868 34,725
Expected return on plan assets (41,047) (43,085) (40,781)
Amortization of prior service cost (credit) 78 90 97
Amortization of actuarial losses (gains) 7,336 7,917 11,638
Special termination benefits 0 0 577
Curtailment gain (1,346) (244) 0
Net periodic benefit cost (credit) 5,047 6,961 14,829
Other Postretirement Benefits      
Defined Benefit Plan Disclosure [Line Items]      
Service cost 13 27 50
Interest cost 428 644 745
Expected return on plan assets 0 0 0
Amortization of prior service cost (credit) (59) (20) (948)
Amortization of actuarial losses (gains) (781) (361) (617)
Special termination benefits 0 0 0
Curtailment gain 0 0 (1,103)
Net periodic benefit cost (credit) $ (399) $ 290 $ (1,873)
v3.25.4
RETIREMENT BENEFITS - Schedule of Weighted Average Actuarial Assumptions to Determine Net Period Cost (Details) - Domestic Plan
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]      
Discount rate 5.70% 5.30% 5.60%
Expected return on plan assets 5.50% 5.50% 5.50%
Rate of compensation increase 2.40% 2.40% 2.40%
Health care cost trend rate 5.00% 5.00% 5.00%
v3.25.4
RETIREMENT BENEFITS - Schedule of Multiemployer Pension Plans (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Jan. 01, 2024
Jan. 01, 2023
Jan. 01, 2022
Defined Benefit Plan Disclosure [Line Items]            
Contributions $ 3,001 $ 3,204 $ 3,634      
IAM National Pension Fund            
Defined Benefit Plan Disclosure [Line Items]            
EIN/Pension Plan Number 51-6031295/002          
Pension Protection Act Zone Status Red Red        
FIP / RP Status Pending / Implemented Implemented          
Contributions $ 2,538 $ 2,624 2,626      
Surcharge Imposed No          
Multiemployer funded status       88.00% 87.00% 87.00%
Western Conference of Teamsters Pension Plan            
Defined Benefit Plan Disclosure [Line Items]            
EIN/Pension Plan Number 91-6145047/001          
Pension Protection Act Zone Status Green Green        
FIP / RP Status Pending / Implemented NA          
Contributions $ 463 $ 580 $ 1,008      
Surcharge Imposed No          
v3.25.4
RETIREMENT BENEFITS - Schedule of Weighted Average Asset Allocation for Pension Plans and Target Allocation (Details)
Dec. 31, 2025
Dec. 31, 2024
Defined Benefit Plan Disclosure [Line Items]    
Target Allocation 100.00%  
Actual Allocation 100.00% 100.00%
Fixed income securities    
Defined Benefit Plan Disclosure [Line Items]    
Target Allocation 89.00%  
Actual Allocation 88.00% 87.00%
Equity securities—US    
Defined Benefit Plan Disclosure [Line Items]    
Target Allocation 6.00%  
Actual Allocation 6.00% 7.00%
Equity securities—International    
Defined Benefit Plan Disclosure [Line Items]    
Target Allocation 3.00%  
Actual Allocation 3.00% 3.00%
Cash and cash equivalents    
Defined Benefit Plan Disclosure [Line Items]    
Target Allocation 2.00%  
Actual Allocation 3.00% 3.00%
v3.25.4
RETIREMENT BENEFITS - Schedule of Fair Value of Plan Assets by Asset Category (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets $ 780,505 $ 769,630
Fixed income securities    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 686,724 669,645
Equity securities—US    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 43,757 51,603
Equity securities—International    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets 26,504 24,127
Cash and cash equivalents    
Defined Benefit Plan Disclosure [Line Items]    
Fair value of plan assets $ 23,520 $ 24,255
v3.25.4
INCOME TAXES - Schedule of Income Before Income Taxes (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]      
Domestic $ 206,998 $ 193,938 $ 253,916
Foreign 201,504 153,732 168,205
Income before income taxes $ 408,502 $ 347,670 $ 422,121
v3.25.4
INCOME TAXES - Schedule of Components of Provision for Income Taxes (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Current:      
Federal $ 24,381 $ 39,590 $ 10,847
State 6,469 7,927 (529)
Foreign 73,131 57,515 52,730
Current income tax provision 103,981 105,032 63,048
Deferred:      
Federal 10,875 (15,847) 29,337
State 6,979 (2,218) 7,957
Foreign 1,424 (14,990) (4,186)
Deferred income tax provision (benefit) 19,278 (33,055) 33,108
Effective tax rate $ 123,259 $ 71,977 $ 96,156
v3.25.4
INCOME TAXES - Schedule of Effective Tax Rate Reconciliation - Current Year (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Amount      
Income taxes computed at the statutory U.S. federal income tax rate $ 85,785 $ 73,011 $ 88,646
State income taxes, net of federal tax benefit 12,041 2,551 5,551
Statutory income tax rate differential   (4,144) 9,993
Other   (4,122) (433)
Changes in valuation allowances   11,291 2,287
Effect of cross-border tax laws      
Foreign-derived intangible income deduction (2,565)    
Tax credits      
Renewable energy credit (5,320)    
Research and development credit (1,250)    
Nontaxable or nondeductible items 507    
Changes in unrecognized tax benefits (474) (2,838) (4,071)
Effective tax rate $ 123,259 $ 71,977 $ 96,156
Percent      
Income taxes computed at the statutory U.S. federal income tax rate 21.00%    
State income taxes, net of federal tax benefit 2.90%    
Effect of cross-border tax laws      
Foreign-derived intangible income deduction (0.60%)    
Tax credits      
Renewable energy credit (1.30%)    
Research and development credit (0.30%)    
Nontaxable or nondeductible items 0.10%    
Changes in unrecognized tax benefits (0.10%)    
Effective tax rate 30.20% 20.70% 22.80%
Brazil      
Amount      
Statutory income tax rate differential $ 3,652    
Other $ 1,265    
Percent      
Other 0.30%    
Other foreign jurisdictions 0.90%    
Germany      
Amount      
Other $ (589)    
Changes in valuation allowances $ 12,806    
Percent      
Other (0.10%)    
Changes in valuation allowances 3.10%    
Other foreign jurisdictions      
Amount      
Statutory income tax rate differential $ 15,303    
Percent      
Other foreign jurisdictions 3.70%    
UNITED STATES      
Amount      
Other $ 2,098    
Percent      
Other 0.60%    
v3.25.4
INCOME TAXES - Schedule of Effective Tax Rate Reconciliation - Prior Years (Details) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Tax Disclosure [Abstract]      
Income taxes computed at the statutory U.S. federal income tax rate $ 85,785 $ 73,011 $ 88,646
State income taxes, net of federal tax benefit 12,041 2,551 5,551
Tax liabilities no longer required (474) (2,838) (4,071)
Valuation allowance   11,291 2,287
Tax credit refunds, net   (5,098) (2,684)
Foreign earnings taxed at other than 21%   (4,144) 9,993
Deferred tax rate changes   1,326 (3,133)
Other   (4,122) (433)
Effective tax rate $ 123,259 $ 71,977 $ 96,156
v3.25.4
INCOME TAXES - Schedule of Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Pension and other postretirement liabilities $ 12,460 $ 15,621
Rationalization and other accrued liabilities 60,005 49,115
AMT and other credit carryforwards 6,236 6,102
Net operating loss carryforwards 98,478 80,853
Other intangible assets 1,326 2,288
Foreign currency translation 16,237 0
Property, plant and equipment 1,599 1,703
Inventory and related reserves 2,882 2,852
Long term operating lease liabilities 67,637 51,449
Other 25,384 41,331
Total deferred tax assets 292,244 251,314
Deferred tax liabilities:    
Property, plant and equipment (280,701) (283,505)
Pension and other postretirement liabilities (46,533) (45,835)
Other intangible assets (245,599) (223,672)
Rationalization and other accrued liabilities (931) (1,537)
Operating lease right of use assets (64,892) (48,788)
Inventory and related reserves (11,873) (11,723)
Foreign currency translation 0 (24,830)
Other (25,180) (14,609)
Total deferred tax liabilities (675,709) (654,499)
Valuation allowance (116,078) (91,340)
Net deferred tax liabilities $ (499,543) $ (494,525)
v3.25.4
INCOME TAXES - Narrative (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Taxes [Line Items]    
Deferred income taxes $ 501,768 $ 505,616
Valuation allowance, foreign operating loss carryforwards 116,078 91,340
Unrecognized tax benefits, income tax penalties and interest accrued 1,000 1,000
Unrecognized tax benefits, net of associated tax assets and excluding federal tax benefit of state taxes, interest and penalties recorded in other liabilities 8,500 8,600
Asset associated with uncertain tax position recorded in other assets, net 7,700 7,200
Unrecognized tax benefits would impact effective tax rate 12,800 12,900
Undistributed earnings from foreign earnings 138,600  
Unrecognized deferred tax liabilities on indefinitely reinvested earnings 7,900  
Foreign Tax Jurisdiction    
Income Taxes [Line Items]    
Net operating loss carryforwards 88,300  
Net operating loss carryforward subject to expiration 16,000  
Domestic Tax Jurisdiction    
Income Taxes [Line Items]    
Net operating loss carryforward subject to expiration 15,500  
Deferred Tax Asset Operating Loss Carryforwards Foreign    
Income Taxes [Line Items]    
Valuation allowance, deferred tax asset, increase 24,800  
Other Assets, Noncurrent    
Income Taxes [Line Items]    
Deferred tax assets, long-term $ 2,300 $ 11,100
v3.25.4
INCOME TAXES - Schedule of Unrecognized Tax Benefits Roll Forward (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Unrecognized Tax Benefits [Roll Forward]    
Balance at January 1, $ 12,861 $ 17,401
Decrease based upon tax positions of current year 0 (4,245)
Increase based upon tax positions of a prior year 328 698
Decrease based upon a lapse in the statute of limitations (426) (993)
Balance at December 31, $ 12,763 $ 12,861
v3.25.4
INCOME TAXES - Schedule of Income Taxes Paid (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Effective Income Tax Rate Reconciliation [Line Items]      
U.S federal $ 19,246    
U.S. state and local 9,855    
Foreign      
Income taxes paid, net, total 103,678 $ 91,552 $ 116,382
Brazil      
Foreign      
Foreign 10,690    
Canada      
Foreign      
Foreign 9,094    
Germany      
Foreign      
Foreign 11,582    
Italy      
Foreign      
Foreign 12,664    
Netherlands      
Foreign      
Foreign 5,302    
Spain      
Foreign      
Foreign 6,592    
Other foreign jurisdictions      
Foreign      
Foreign $ 18,653    
v3.25.4
STOCK-BASED COMPENSATION - Narrative (Details) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Reduction in number of shares available for grant, for every one restricted share or restricted stock unit awarded (in shares) 2    
Shares available to be awarded under the plan (in shares) 1,613,308    
Stock compensation expense $ 18,020 $ 15,524 $ 15,572
Restricted stock units      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Weighted average grant date fair value of restricted stock units granted (in dollars per share) $ 53.12 $ 44.66 $ 46.12
Fair value of restricted stock units released $ 17,600 $ 20,700 $ 25,700
Unrecognized compensation expense related to restricted stock units $ 47,000    
Cost expected to be recognized over a period 2 years 2 months 12 days    
Selling, General and Administrative Expense      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Stock compensation expense $ 18,000 $ 15,500 $ 15,600
Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Maximum aggregate number of shares of common stock that may be issued in connection with stock options, stock appreciation rights, restricted stock, restricted stock units and performance award (in shares) 3,410,184    
Maximum | Restricted stock units      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Maximum vesting period for restricted stock units outstanding 5 years    
v3.25.4
STOCK-BASED COMPENSATION - Schedule of Restricted Stock Unit Activity (Details) - Restricted stock units - $ / shares
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]      
Restricted stock units outstanding, beginning balance (in shares) 1,100,697    
Granted (in shares) 808,835    
Released (in shares) (325,808)    
Forfeited (in shares) (206,620)    
Restricted stock units outstanding, ending balance (in shares) 1,377,104 1,100,697  
Weighted average grant date fair value      
Restricted stock units outstanding, beginning balance (in dollars per share) $ 43.16    
Granted (in dollars per share) 53.12 $ 44.66 $ 46.12
Released (in dollars per share) 41.79    
Forfeited (in dollars per share) 46.98    
Restricted stock units outstanding, beginning balance (in dollars per share) $ 48.76 $ 43.16  
v3.25.4
CAPITAL STOCK (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Nov. 05, 2025
Mar. 04, 2022
Stockholders Equity Note [Line Items]            
Common stock, shares authorized (in shares) 400,000,000 400,000,000 400,000,000      
Common stock, par value (in dollars per share) $ 0.01 $ 0.01 $ 0.01      
Preferred stock, shares authorized (in shares) 10,000,000 10,000,000        
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01        
Common stock repurchased, total purchase price   $ 74,904 $ 9,317 $ 183,993    
Treasury stock, shares (in shares) 69,670,525 69,670,525 68,317,846      
Activity related to restricted stock units vested            
Stockholders Equity Note [Line Items]            
Treasury shares issued (in shares)   325,808 470,788 490,242    
Average cost for restricted stock units (in dollars per share)   $ 3.20 $ 3.19 $ 3.19    
Shares repurchased to satisfy employee withholding tax requirements resulting from certain restricted stock units becoming vested (in shares)   127,278 176,093 176,196    
Common stock repurchased, average cost (in dollars per share)   $ 54.00 $ 43.92 $ 52.62    
2022 BOD Authorized Common Stock Repurchase            
Stockholders Equity Note [Line Items]            
Stock repurchase program, authorized amount           $ 300,000
Repurchases of common stock (in shares)   1,551,209 0 3,893,098    
Treasury stock acquired, average cost (in dollars per share)   $ 43.84   $ 44.86    
Common stock repurchased, total purchase price   $ 68,000   $ 174,600    
Common stock repurchase, remaining authorized amount         $ 25,300  
2025 BOD Authorized Common Stock Repurchase            
Stockholders Equity Note [Line Items]            
Stock repurchase program, authorized amount         $ 500,000  
Common stock repurchased, total purchase price $ 0          
Common stock repurchase, remaining authorized amount $ 500,000 $ 500,000        
v3.25.4
EARNINGS PER SHARE - Schedule of Components of Calculation of Earnings Per Share (Details) - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Earnings Per Share [Abstract]      
Net income $ 288,403 $ 276,378 $ 325,965
Weighted average number of shares used in:      
Basic earnings per share (in shares) 106,541 106,794 108,821
Dilutive common stock equivalents:      
Restricted stock units (in shares) 244 324 416
Diluted earnings per share (in shares) 106,785 107,118 109,237
v3.25.4
BUSINESS SEGMENT INFORMATION - Schedule of Reportable Business Segment Information (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Net sales $ 6,483,166 $ 5,854,694 $ 5,988,205
Segment expenses and other 5,763,066 5,197,185 5,327,652
Equity in earnings of affiliates, net of tax 3,160 685 0
Adjusted EBIT 723,260 658,194 660,553
Depreciation 254,540 223,264 210,142
Total segment assets 9,318,653 8,536,219 7,561,101
Capital expenditures 307,092 262,786 226,810
Corporate      
Segment Reporting Information [Line Items]      
Net sales 0 0 0
Segment expenses and other 46,997 30,815 25,810
Equity in earnings of affiliates, net of tax 0 0  
Adjusted EBIT (46,997) (30,815) (25,810)
Depreciation 387 162 74
Total segment assets 45,391 45,082 46,270
Capital expenditures 1,210 58 1,003
Dispensing and Specialty Closures      
Segment Reporting Information [Line Items]      
Net sales 2,707,244 2,304,370 2,221,430
Dispensing and Specialty Closures | Operating Segments      
Segment Reporting Information [Line Items]      
Net sales 2,707,244 2,304,370 2,221,430
Segment expenses and other 2,290,462 1,939,445 1,880,786
Equity in earnings of affiliates, net of tax 3,160 685  
Adjusted EBIT 419,942 365,610 340,644
Depreciation 147,313 109,956 101,664
Total segment assets 5,815,628 5,376,183 4,437,833
Capital expenditures 188,186 126,185 110,073
Metal Containers      
Segment Reporting Information [Line Items]      
Net sales 3,138,318 2,900,678 3,140,830
Metal Containers | Operating Segments      
Segment Reporting Information [Line Items]      
Net sales 3,138,318 2,900,678 3,140,830
Segment expenses and other 2,877,948 2,658,257 2,858,428
Equity in earnings of affiliates, net of tax 0 0  
Adjusted EBIT 260,370 242,421 282,402
Depreciation 72,769 77,389 73,558
Total segment assets 2,679,769 2,309,297 2,178,416
Capital expenditures 90,995 104,701 95,260
Custom Containers      
Segment Reporting Information [Line Items]      
Net sales 637,604 649,646 625,945
Custom Containers | Operating Segments      
Segment Reporting Information [Line Items]      
Net sales 637,604 649,646 625,945
Segment expenses and other 547,659 568,668 562,628
Equity in earnings of affiliates, net of tax 0 0  
Adjusted EBIT 89,945 80,978 63,317
Depreciation 34,071 35,757 34,846
Total segment assets 777,865 805,657 898,582
Capital expenditures $ 26,701 $ 31,842 $ 20,474
v3.25.4
BUSINESS SEGMENT INFORMATION - Schedule of Reconciliation of Adjusted EBIT to Income before Income Taxes (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting [Abstract]      
Total adjusted EBIT $ 723,260 $ 658,194 $ 660,553
Less:      
Acquired intangible asset amortization expense 64,623 52,620 53,091
Other pension (income) expense for U.S. pension plans (4,016) (4,110) 3,614
Equity in earnings of affiliates, net of tax 3,160 685 0
Rationalization charges 60,509 59,481 8,412
Purchase accounting write-up of inventory 0 6,062 0
Costs attributed to announced acquisitions 1,117 28,361 0
Income before interest and income taxes 597,867 515,095 595,436
Interest and other debt expense 189,365 167,425 173,315
Income before income taxes $ 408,502 $ 347,670 $ 422,121
v3.25.4
BUSINESS SEGMENT INFORMATION - Schedule of Reconciliation of Total Segment Assets to Total Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting [Abstract]      
Total segment assets $ 9,318,653 $ 8,536,219 $ 7,561,101
Other assets 78,430 48,449  
Total assets $ 9,397,083 $ 8,584,668  
v3.25.4
BUSINESS SEGMENT INFORMATION - Schedule of Financial Information Relating to Operations by Geographic Area (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Net sales $ 6,483,166 $ 5,854,694 $ 5,988,205
Long-lived assets:      
Property, plant and equipment, net 2,378,331 2,282,903  
UNITED STATES      
Segment Reporting Information [Line Items]      
Net sales 4,396,143 4,159,904 4,377,928
Long-lived assets:      
Property, plant and equipment, net 1,229,877 1,245,639  
Europe      
Segment Reporting Information [Line Items]      
Net sales 1,543,116 1,241,806 1,201,534
Long-lived assets:      
Property, plant and equipment, net 879,063 774,099  
Other      
Segment Reporting Information [Line Items]      
Net sales 543,907 452,984 408,743
Long-lived assets:      
Property, plant and equipment, net 269,391 263,165  
Total net sales from foreign operations      
Segment Reporting Information [Line Items]      
Net sales 2,087,023 1,694,790 $ 1,610,277
Long-lived assets:      
Property, plant and equipment, net $ 1,148,454 $ 1,037,264  
v3.25.4
BUSINESS SEGMENT INFORMATION - Narrative (Details) - segment
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting [Abstract]      
Number of segments 3    
Nestlé S.A. | Metal Containers      
Segment Reporting, Revenue Reconciling Item [Line Items]      
Percentage of net sales 12.30% 11.60% 11.20%
v3.25.4
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Details) - Allowance for doubtful accounts receivable - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Balance at beginning of period $ 9,506 $ 8,827 $ 9,072
Charged to costs and expenses 2,096 1,743 59
Charged to other accounts 0 0 0
Other (4,318) (613) (572)
Balance at end of period 7,965 9,506 8,827
Foreign Currency Translation      
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]      
Cumulative translation adjustment $ 681 $ (451) $ 268