Source document: sealed-air-corporation_2019

Question: What is included among non-financial assets and liabilities that are not required to be measured at fair value on a recurring basis?
Facts: inventories, net property and equipment, goodwill, intangible assets and asset retirement obligations.
Answer: inventories, net property and equipment, goodwill, intangible assets and asset retirement obligations.

Question: What does the table represent?
Facts: the carrying amounts and estimated fair values of our debt, excluding lease liabilities
Answer: the carrying amounts and estimated fair values of our debt, excluding lease liabilities

Question: What is the fair value of total debt as of December 31, 2019
Facts: $ 4,073.9
Answer: $ 4,073.9 million

Question: What is the percentage of other foreign borrowings and other domestic borrowings as a percentage of Total debt as of December 31, 2019 in fair values?
Facts: 12.4; 4,073.9; 89.0
Derivation: (12.4+89.0)/4,073.9
Answer: 2.49 percent

Question: What is the percentage difference between fair value and carrying amount of total debt as of December 31, 2018?
Facts: 3,474.2; 3,535.1
Derivation: (3,535.1-3,474.2)/3,474.2
Answer: 1.75 percent

Question: What is the total carrying amount of Senior Notes due by December 2024 as of December 31, 2019?
Facts: 421.9; 422.0; 445.6
Derivation: 421.9+422.0+445.6+421.9
Answer: 1711.4 million

Question: What does the table represent?
Facts: The following table shows assets allocated by reportable segment
Answer: The following table shows assets allocated by reportable segment

Question: What years are reported by the table?
Facts: 2018; 2019
Answer: 2019; 2018

Question: What is the total assets for year 2019?
Facts: 5,765.2
Answer: 5,765.2 million

Question: What is the unrevised value of Food Care for 2018?
Facts: 1,914.4; 372.9
Derivation: 1,914.4-372.9
Answer: 1541.5 million

Question: What is the percentage change of total assets from 2018 to 2019?
Facts: 5,050.2; 5,765.2
Derivation: (5,765.2-5,050.2)/5,050.2
Answer: 14.16 percent

Question: What is the average total asset value for 2018 and 2019?
Facts: 5,050.2; 5,765.2
Derivation: (5,765.2+5,050.2)/2
Answer: 5407.7 million

Question: What was the company acquired in 2019? 
Facts: Automated Packaging Systems, LLC, formerly Automated Packaging Systems, Inc.
Answer: Automated Packaging Systems, LLC, formerly Automated Packaging Systems, Inc.

Question: What is the value of the assumed liabilites from Automated?
Facts: $58.2 million
Answer: $58.2 million

Question: What is the revised Total liabilities as of December 31, 2019?
Facts: $ 100.1
Answer: $ 100.1 million

Question: What is the percentage difference of total liabilities when comparing after adjustment to before adjustment?
Facts: 5.2; 94.9
Derivation: 5.2/94.9
Answer: 5.48 percent

Question: What is the total equity of the acquisation as of December 31, 2019?
Facts: 100.1; 545.8
Derivation: 545.8-100.1
Answer: 445.7 million

Question: What is the liability to asset ratio as of December 31, 2019?
Facts: 100.1; 545.8
Derivation: 100.1/545.8
Answer: 18.34 percent

Question: What does the table show?
Facts: Company’s PSU awards, SLO awards and restricted stock awards.
Answer: Company’s PSU awards, SLO awards and restricted stock awards.

Question: What was approved on May 18, 2017 by The Organization and Compensation Committee of our Board of Directors (“O&C Committee”)?
Facts: Change in the vesting policy regarding the existing 2017 Three-year PSU Awards and 2016 Three-year PSU Awards for Ilham Kadri. The approved change resulted in a pro-rata share of vesting calculated on the close date of the sale of Diversey.
Answer: Change in the vesting policy regarding the existing 2017 Three-year PSU Awards and 2016 Three-year PSU Awards for Ilham Kadri. The approved change resulted in a pro-rata share of vesting calculated on the close date of the sale of Diversey.

Question: What years are included in the table?
Facts: 2017; 2018; 2019
Answer: 2019; 2018; 2017

Question: What is the sum of Three-year PSU awards for all years as of 2019?
Facts: 0.2; 4.3
Derivation: 4.3+0.2
Answer: 4.5 million

Question: What is the average annual Total share-based incentive compensation expense?
Facts: 29.9; 34.4; 48.5
Derivation: (34.4+29.9+48.5)/3
Answer: 37.6 million

Question: For 2017, what is the sum of all the Three-year PSU Awards expressed as a percentage of Total share-based incentive compensation expense?
Facts: 0.8; 2.0; 48.5; 9.8
Derivation: (9.8+2.0-0.8)/48.5
Answer: 22.68 percent

Question: For Total long-term debt, less current portion in 2019, what is the net of unamortized discounts and debt issuance cost?
Facts: $25 million
Answer: $25 million

Question: For what years of Outstanding Indebtedness are shown in the table? 
Facts: 2018; 2019
Answer: 2018; 2019

Question: What unit is the table expressed by?
Facts: In millions
Answer: In millions

Question: What is the percentage change of Net debt from 2018 to 2019?
Facts: 3,202.5; 3,551.8
Derivation: (3,551.8-3,202.5)/3,202.5
Answer: 10.91 percent

Question: What is the average annual Total debt for years 2018 and 2019?
Facts: 3,474.2; 3,814.2
Derivation: (3,814.2+3,474.2)/2
Answer: 3644.2 million

Question: What is the Total long-term debt, less current portion for 2019, without accounting for unamortized discounts and debt issuance costs?
Facts: 25; 3,698.6
Derivation: 3,698.6-25
Answer: 3673.6 million

Question: What were Short-term borrowings of $98.9 million at December 31, 2019 comprised of?
Facts: $89.0 million under our revolving credit facility and $9.9 million of short-term borrowings from various lines of credit.
Answer: $89.0 million under our revolving credit facility and $9.9 million of short-term borrowings from various lines of credit.

Question: What years are included for total debt outstanding?
Facts: 2018; 2019
Answer: 2019; 2018

Question: What unit is used in the table?
Facts: millions
Answer: millions

Question: What is the total Term Loan A due as of December 31, 2019?
Facts: 218.2; 474.6
Derivation: 474.6+218.2
Answer: 692.8 million

Question: What is the percentage of Total long-term debt, less current portion to Total debt as of December 31, 2019?
Facts: 3,698.6; 3,814.2
Derivation: 3,698.6/3,814.2
Answer: 96.97 percent

Question: What is the percentage increase between the Total Debt as of 31 December, 2018 to as of 31 December, 2019? 
Facts: 3,474.2; 3,814.2
Derivation: (3,814.2-3,474.2)/3,474.2
Answer: 9.79 percent

Question: What does the table show?
Facts: summary of changes during the years ended December 31, in shares of our common stock and common stock in treasury
Answer: summary of changes during the years ended December 31, in shares of our common stock and common stock in treasury

Question: What does the Repurchase of common stock for the year ended December 31, 2019 as shown above include that is not yet reflected by the Recordkeeper as of December 31, 2018?
Facts: 71,530 shares of common stock that had been repurchased by the Company in 2018
Answer: 71,530 shares of common stock that had been repurchased by the Company in 2018

Question: What is the Number of common stock outstanding, end of year for 2019?
Facts: 154,512,813
Answer: 154,512,813

Question: What is the Number of shares held, end of year expressed as a percentage of Number of common stock outstanding, end of year?
Facts: 154,512,813; 77,109,722
Derivation: 77,109,722/154,512,813
Answer: 49.91 percent

Question: What is the percentage change of the Number of shares held, end of year from 2017 to 2018?
Facts: 61,485,423; 75,964,667
Derivation: (75,964,667-61,485,423)/61,485,423
Answer: 23.55 percent

Question: What is the number of shares issued, end of year excluding 1,478 restricted stock shares issued and (5,024) restricted stock shares for 2019?
Facts: 1,478; 231,622,535; 5,024
Derivation: 231,622,535-(1,478-(-5,024))
Answer: 231616033

Question: What does the table show?
Facts: Interest expense, net for the years ended December 31
Answer: Interest expense, net for the years ended December 31

Question: What does Interest expense, net include?
Facts: Interest expense, net includes the stated interest rate on our outstanding debt, as well as the net impact of capitalized interest, interest income, the effects of terminated interest rate swaps and the amortization of capitalized senior debt issuance costs and credit facility fees, bond discounts, and terminated treasury locks.
Answer: Interest expense, net includes the stated interest rate on our outstanding debt, as well as the net impact of capitalized interest, interest income, the effects of terminated interest rate swaps and the amortization of capitalized senior debt issuance costs and credit facility fees, bond discounts, and terminated treasury locks.

Question: In In November 2019, what were the proceeds of issuing $425 million of 4.00% Senior Notes due 2027 used for?
Facts: retire the existing $425 million of 6.50% Senior Notes due 2020.
Answer: retire the existing $425 million of 6.50% Senior Notes due 2020.

Question: What is the Total interest expense for years 2017-2019?
Facts: 177.9; 184.1; 184.2
Derivation: 184.1+177.9+184.2
Answer: 546.2 million

Question: For the year 2019, what is the interest expense for Senior Notes due from 2020-2023 inclusive?
Facts: 20.7; 21.5; 23.1; 25.4
Derivation: 25.4+21.5+23.1+20.7
Answer: 90.7 million

Question: What is the change of the percentage change of Total interest expense from 2018 vs. 2017 to 2019 vs. 2018?
Facts: 177.9; 184.1; 184.2
Derivation: (184.1-177.9)/177.9-(177.9-184.2)/184.2
Answer: 6.91 percent

Question: What does the table represent?
Facts: summary of the changes in common shares available for awards under the Omnibus Incentive Plan and Predecessor Plans
Answer: summary of the changes in common shares available for awards under the Omnibus Incentive Plan and Predecessor Plans

Question: How many restricted stock shares were issued for new awards under the Omnibus Incentive Plan as of December 31, 2018?
Facts: 1,478
Answer: 1,478

Question: What does the Omnibus Incentive Plan and 2005 Contingent Stock Plan permit?
Facts: withholding of taxes and other charges that may be required by law to be paid attributable to awards by withholding a portion of the shares attributable to such awards
Answer: withholding of taxes and other charges that may be required by law to be paid attributable to awards by withholding a portion of the shares attributable to such awards

Question: What is the percentage difference of shares withheld for taxes for 2018 to 2019?
Facts: 249,368; 94,624
Derivation: (249,368-94,624)/94,624
Answer: 163.54 percent

Question: What is the Number of shares available, end of year expressed as a percentage of Number of shares available, beginning of year for 2019? 
Facts: 4,048,509; 4,489,347
Derivation: 4,048,509/4,489,347
Answer: 90.18 percent

Question: What is the average annual Number of shares available, end of year for 2017-2019?
Facts: 3,668,954; 4,048,509; 4,489,347
Derivation: (4,048,509+4,489,347+3,668,954)/3
Answer: 4068936.67

Question: How much restructuring charges and other related costs for the restructuring program was incurred for the year ended December 31, 2019 respectively?
Facts: $41.9 million; $60.3 million
Answer: $41.9 million; $60.3 million

Question: What is the High Total estimated cash cost of Total Restructuring program range?
Facts: $ 885
Answer: $ 885 million

Question: Who approved the restructuring spend of $840 to $885 million? 
Facts: The Board of Directors
Answer: The Board of Directors

Question: Excluding the restructuring spend related to recent acquisitions, what is the low Total estimated cash cost?
Facts: 2.3; 840
Derivation: 840-2.3
Answer: 837.7 million

Question: What is the Total expense expressed as a percentage of Total estimated cash cost for the low estimate?
Facts: 585; 840
Derivation: 585/840
Answer: 69.64 percent

Question: For High Total Restructuring program range, what is the Total Capital expenditure expressed as a percentage of total estimated cash cost?
Facts: 270; 885
Derivation: 270/885
Answer: 30.51 percent

Question: What was the final decision from the Brazilian court received by Cryovac Brasil Ltda., a Sealed Air subsidiary and the consequence?
Facts: that certain indirect taxes paid were calculated on an incorrect amount. As a result, for the year ended December 31, 2019, we recorded income of $4.8 million to Other, net for a claim of overpaid taxes related to 2015 through 2018.
Answer: that certain indirect taxes paid were calculated on an incorrect amount. As a result, for the year ended December 31, 2019, we recorded income of $4.8 million to Other, net for a claim of overpaid taxes related to 2015 through 2018.

Question: What does the table represent?
Facts: details of other (expense) income, net
Answer: details of other (expense) income, net

Question: What is the Other expense, net for 2019?
Facts: 19.5
Answer: 19.5 million

Question: Excluding the net for a claim of overpaid taxes related to 2015 through 2018 for 2019, what is the Other, net for 2019?
Facts: 4.8; 8.3
Derivation: 8.3-4.8
Answer: 3.5 million

Question: What is the average annual Other expense, net for the 3 years?
Facts: 18.1; 19.5; 6.2
Derivation: (19.5+18.1-6.2)/3
Answer: 10.47 million

Question: What is the Net foreign exchange transaction loss expressed as a percentage of othe expense, net for 2019?
Facts: 19.5; 7.7
Derivation: 7.7/19.5
Answer: 39.49 percent

Question: What does this table represent?
Facts: summarizes our principal contractual obligations and sets forth the amounts of required or contingently required cash outlays in 2020 and future years:
Answer: summarizes our principal contractual obligations and sets forth the amounts of required or contingently required cash outlays in 2020 and future years:

Question: What is the total Total contractual cash obligations for all years?
Facts: 5,120.1
Answer: 5,120.1 million

Question: What assumptions were used to calculate interest payments for Term Loan A
Facts: interest rates based on stated LIBOR rates as of December 31, 2019; and • all non-US Dollar balances are converted using exchange rates as of December 31, 2019.
Answer: interest rates based on stated LIBOR rates as of December 31, 2019; and • all non-US Dollar balances are converted using exchange rates as of December 31, 2019.

Question: What is the Total contractual cash obligations for years 2020-2024 inclusive?
Facts: 1,353.0; 1,742.4; 388.7
Derivation: 388.7+1,353.0+1,742.4
Answer: 3484.1 million

Question: What is the Total contractual cash obligations for year 2020 expressed as a proportion of Total contractual cash obligations for all years?
Facts: 388.7; 5,120.1
Derivation: 388.7/5,120.1
Answer: 0.08

Question: What is the percentage change of Operating lease from 2021-2022 to 2023-2024?
Facts: 18.7; 40.0
Derivation: (18.7-40.0)/40.0
Answer: -53.25 percent

Question: What currency is translated to by the company for financial results?
Facts: US Dollars
Answer: US Dollars

Question: Historically, what currencies have impacted  the translation of their consolidated financial results most significantly?
Facts: euro, the Australian dollar, the Mexican peso, the British pound, the Canadian dollar, the Brazilian real and the Chinese Renminbi.
Answer: euro, the Australian dollar, the Mexican peso, the British pound, the Canadian dollar, the Brazilian real and the Chinese Renminbi.

Question: What does the table show?
Facts: The following table presents the approximate favorable or (unfavorable) impact foreign currency translation had on certain of our consolidated financial results
Answer: The following table presents the approximate favorable or (unfavorable) impact foreign currency translation had on certain of our consolidated financial results

Question: What is the total favourable impact foreign currency translation had on certain of their consolidated financial results? 
Facts: 1.0; 16.3; 31.7; 98.4
Derivation: 98.4+31.7+16.3+1.0
Answer: 147.4 million

Question: What is the difference between the impact of cost of sales for 2019 vs. 2018 and 2018 vs. 2017?
Facts: 31.7; 98.4
Derivation: 98.4-31.7
Answer: 66.7 million

Question: What is the percentage change of the impact of Net sales of 2019 vs. 2018 from 2018 vs. 2017?
Facts: 137.2; 43.4
Derivation: (137.2-43.4)/43.4
Answer: 216.13 percent

Question: What was the company acquired in 2017?
Facts: Fagerdala Singapore Pte Ltd
Answer: Fagerdala Singapore Pte Ltd

Question: Why was the company acquired in 2017?
Facts: to leverage its manufacturing footprint in Asia, experience in foam manufacturing and fabrication and commercial organization to expand our presence across multiple industries utilizing fulfillment to distribute goods.
Answer: to leverage its manufacturing footprint in Asia, experience in foam manufacturing and fabrication and commercial organization to expand our presence across multiple industries utilizing fulfillment to distribute goods.

Question: What does the table represent?
Facts: summarizes the consideration transferred to acquire Fagerdala and the final allocation of the purchase price among the assets acquired and liabilities assumed. price among the assets acquired and liabilities assumed.
Answer: summarizes the consideration transferred to acquire Fagerdala and the final allocation of the purchase price among the assets acquired and liabilities assumed. price among the assets acquired and liabilities assumed.

Question: What is the value of 1 USD to SGD at time of calculation?
Facts: 106.2; 144.7
Derivation: 144.7/106.2
Answer: 1.36

Question: What is the asset to liability ratio As of December 31, 2018? 
Facts: 157.4; 51.2
Derivation: 51.2/157.4
Answer: 32.53 percent

Question: What is the difference between the asset to liability ratio As of December 31, 2018 vs. As of October 2, 2017?
Facts: 157.4; 158.1; 51.2; 51.5
Derivation: (51.2/157.4)-(51.5/158.1)
Answer: -0.05 percent

Question: What is the definition of adjusted EBITDA?
Facts: Adjusted EBITDA is defined as Earnings before Interest Expense, Taxes, Depreciation and Amortization, adjusted to exclude the impact of Special Items.
Answer: Adjusted EBITDA is defined as Earnings before Interest Expense, Taxes, Depreciation and Amortization, adjusted to exclude the impact of Special Items.

Question: How is Adjusted EBITDA Margin calculated?
Facts: Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by net trade sales
Answer: Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by net trade sales

Question: What is a reason for using Adjusted EBITDA Margin?
Facts: Adjusted EBITDA Margin is one useful measure to assess the profitability of sales made to third parties and the efficiency of our core operations.
Answer: Adjusted EBITDA Margin is one useful measure to assess the profitability of sales made to third parties and the efficiency of our core operations.

Question: What is the growth rate of Non-U.S. GAAP Total Company Adjusted EBITDA from continuing operations from year 2018 to year 2019?
Facts: 889.5; 964.8
Derivation: (964.8-889.5)/889.5
Answer: 8.47 percent

Question: What is the average annual Net earnings from continuing operations for 2017-2019? 
Facts: 150.3; 293.7; 62.8
Derivation: (293.7+150.3+62.8)/3
Answer: 168.93 million

Question: What is the combined average annual cost of restructuring charges and other restructuring associated costs for years 2017-2019? 
Facts: 12.1; 14.3; 15.8; 41.9; 47.8; 60.3
Derivation: (41.9+47.8+12.1+60.3+15.8+14.3)/3
Answer: 64.07 million

Question: What are the two reportable segments of the company?
Facts: Food Care; Product Care
Answer: Food Care; Product Care

Question: What do the tables show?
Facts: The following tables show Net Sales and Adjusted EBITDA by reportable segment
Answer: The following tables show Net Sales and Adjusted EBITDA by reportable segment

Question: What is the Adjusted EBITDA Margin for year 2019 for the whole company?
Facts: 20.1%
Answer: 20.1%

Question: What is the average EBITDA Margin for years 2017-2019 for the whole company?
Facts: 18.7; 18.8; 20.1
Derivation: (20.1+18.8+18.7)/3
Answer: 19.2 percent

Question: What is the percentage change of  Total Company Net Sales from year 2018 to year 2019?
Facts: 4,732.7; 4,791.1
Derivation: (4,791.1-4,732.7)/4,732.7
Answer: 1.23 percent

Question: What is the difference between the growth rate of net sales of Food care as compared to product care from 2017 to 2019?
Facts: 1,646.4; 1,910.6; 2,815.2; 2,880.5
Derivation: (2,880.5-2,815.2)/2,815.2-(1,910.6-1,646.4)/1,646.4
Answer: -13.73 percent

Question: What are the respective net sales for two reportable segments of the company in 2019?
Facts: 1,910.6; 2,880.5
Answer: 2,880.5; 1,910.6 million

Question: What is the Total Cash Dividends Paid for 2017?
Facts: $119.7
Answer: $119.7 million

Question: What years are included in the table?
Facts: 2017; 2018; 2019
Answer: 2017; 2018; 2019

Question: What did the Board of Directors declare on February 13, 2020?
Facts: a quarterly cash dividend of $0.16 per common share payable on March 20, 2020 to stockholders of record at the close of business on March 6, 2020.
Answer: a quarterly cash dividend of $0.16 per common share payable on March 20, 2020 to stockholders of record at the close of business on March 6, 2020.

Question: What is the total cash dividends paid for 2019 expressed as percentage of the total cash dividends paid for all years?
Facts: 321.7; 99.1
Derivation: 99.1/321.7
Answer: 30.81 percent

Question: About how many common shares were there in total for all years?
Facts: 0.64; 321.7
Derivation: 321.7/0.64
Answer: 502.66 million

Question: Including the declared quarterly cash dividend on February 13, 2020, what is the Total Cash Dividends Paid as of February 21, 2020 in dollars?
Facts: 24.8; 321.7
Derivation: 321.7+24.8
Answer: 346.5 million

Question: What does this table represent?
Facts: The following table shows the activity of our U.S. and international plan assets, which are measured at fair value using Level 3 inputs.
Answer: The following table shows the activity of our U.S. and international plan assets, which are measured at fair value using Level 3 inputs.

Question: Did revising of Balances as of December 31, 2018  from our 2018 Form 10-K filing to reflect changes in leveling classification of specific funds have an impact on the fair value of any of the pension plan assets?
Facts: These reclassifications did not impact the fair value of any of our pension plan assets.
Answer: These reclassifications did not impact the fair value of any of our pension plan assets.

Question: What years are included in the table?
Facts: 2018; 2019
Answer: 2019; 2018

Question: What is the Balance at beginning of period expressed as a percentage of Balance at end of period for year 2019?
Facts: 150.1; 180.2
Derivation: 150.1/180.2
Answer: 83.3 percent

Question: What is the difference between the Balance at end of period for 2018 and 2019?
Facts: 150.1; 180.2
Derivation: 180.2-150.1
Answer: 30.1 million

Question: What is percentage growth of Balance at end of period for year 2018 to 2019?
Facts: 150.1; 180.2
Derivation: (180.2-150.1)/150.1
Answer: 20.05 percent

Question: What company was acquired in 2018?
Facts: AFP, Inc.
Answer: AFP, Inc.

Question: What does this table show?
Facts: The following table summarizes the consideration transferred to acquire AFP and the final allocation of the purchase price among the assets acquired and liabilities assumed.
Answer: The following table summarizes the consideration transferred to acquire AFP and the final allocation of the purchase price among the assets acquired and liabilities assumed.

Question: What is the adjustment in assets between August 1, 2018 and September 30, 2019?
Facts: $ 3.3
Answer: $ 3.3 million

Question: What is the liability to asset ratio as of August 1, 2018?
Facts: 15.1; 85.9
Derivation: 15.1/85.9
Answer: 17.58 percent

Question: What is the difference between the liability to asset ratio from As of August 1, 2018 to As of September 30, 2019?
Facts: 13.1; 15.1; 85.9; 87.2
Derivation: (15.1/85.9)-(13.1/87.2)
Answer: 2.56 percent

Question: What is the adjustment of total liabilities expressed as a percentage of total liabilities as of August 1, 2018?
Facts: 15.1; 2.0
Derivation: -2.0/15.1
Answer: -13.25 percent

Question: How was amortization of actuarial gains or losses over the average future working lifetime (or remaining lifetime of inactive participants if there are no active participants)?
Facts: the corridor method, where the corridor is the greater of ten percent of the projected benefit obligation or fair value of assets at year end. If actuarial gains or losses do not exceed the corridor, then there is no amortization of gain or loss.
Answer: the corridor method, where the corridor is the greater of ten percent of the projected benefit obligation or fair value of assets at year end. If actuarial gains or losses do not exceed the corridor, then there is no amortization of gain or loss.

Question: What does the table show?
Facts: shows the components of our net periodic benefit cost for the three years ended December 31, for our pension plans charged to operations
Answer: shows the components of our net periodic benefit cost for the three years ended December 31, for our pension plans charged to operations

Question: What occured during the year ended December 31, 2017?
Facts: several of our pension plans transferred in the sale of Diversey. Two international plans were split between Diversey and Sealed Air at the close of the sale.
Answer: several of our pension plans transferred in the sale of Diversey. Two international plans were split between Diversey and Sealed Air at the close of the sale.

Question: What is the average annual Total benefit (income) cost?
Facts: 0.5; 1; 4.1
Derivation: (-0.5+-4.1+1)/3
Answer: -1.2 million

Question: What is the percentage difference of the U.S. and international net periodic benefit cost included in cost of sales for year 2017 to year 2019?
Facts: 1.1; 1.4
Derivation: (1.1-1.4)/1.4
Answer: -21.43 percent

Question: What is the U.S. and international net periodic benefit cost included in cost of sales expressed as a percentage of U.S. and international net periodic benefit cost included in selling, general and administrative expenses of 2019?
Facts: 1.1; 2.8
Derivation: 1.1/2.8
Answer: 39.29 percent

Question: What was the change in geographic classification?
Facts: Our North American operations include Canada, the United States, Mexico and Central America. Mexico and Central America were previously included in Latin America.
Answer: Our North American operations include Canada, the United States, Mexico and Central America. Mexico and Central America were previously included in Latin America.

Question: What are total long-lived assets?
Facts: Total long-lived assets represent total assets excluding total current assets, deferred tax assets, goodwill, intangible assets and non-current assets held for sale.
Answer: Total long-lived assets represent total assets excluding total current assets, deferred tax assets, goodwill, intangible assets and non-current assets held for sale.

Question: What years are included in the table?
Facts: 2017; 2018; 2019
Answer: 2019; 2018; 2017

Question: What was the net sales to customers in North America who are not in the U.S. in 2019?
Facts: 2,501.6; 2,828.1
Derivation: 2,828.1-2,501.6
Answer: 326.5 million

Question: What is the growth rate of total net sales for 2018 to 2019?
Facts: 4,732.7; 4,791.1
Derivation: (4,791.1-4,732.7)/4,732.7
Answer: 1.23 percent

Question: What is of Total long-lived assets for North America expressed as a percentage to all other regions in 2019?
Facts: 1,563.6; 919.3
Derivation: 919.3/(1,563.6-919.3)
Answer: 142.68 percent

Question: How many facilities serve both business segments?
Facts: 15
Answer: 15

Question: Where are the manufacturing facilities usually located?
Facts: General purpose buildings
Answer: General purpose buildings

Question: Where is the Global headquarters located?
Facts: Charlotte, North Carolina
Answer: Charlotte, North Carolina

Question: How many manufacturing facilities in North America are both Food Care and Product Care?
Facts: 10; 37; 44
Derivation: (10+37)-44
Answer: 3

Question: What is the percentage of manufacturing facilities that are in South America?
Facts: 107; 6
Derivation: (6/107)
Answer: 5.61 percent

Question: How many manufacturing facilities serve only Product Care in total? 
Facts: 107; 36
Derivation: 107-36
Answer: 71

Question: What does the table show?
Facts: shows our goodwill balances by reportable segment
Answer: shows our goodwill balances by reportable segment

Question: What are examples of indicator of impairment of goodwill?
Facts: Examples of such indicators may include a decrease in expected net earnings, adverse equity market conditions, a decline in current market multiples, a decline in our common stock price, a significant adverse change in legal factors or business climates, an adverse action or assessment by a regulator, unanticipated competition, strategic decisions made in response to economic or competitive conditions, or a more likely than not expectation that a reporting unit or a significant portion of a reporting unit will be sold or disposed of.
Answer: Examples of such indicators may include a decrease in expected net earnings, adverse equity market conditions, a decline in current market multiples, a decline in our common stock price, a significant adverse change in legal factors or business climates, an adverse action or assessment by a regulator, unanticipated competition, strategic decisions made in response to economic or competitive conditions, or a more likely than not expectation that a reporting unit or a significant portion of a reporting unit will be sold or disposed of.

Question: What is the impact of a significant adverse impairment of goodwill?
Facts: we may have to recognize a non-cash impairment of goodwill, which could have a material adverse effect on our consolidated financial condition and results of operations.
Answer: we may have to recognize a non-cash impairment of goodwill, which could have a material adverse effect on our consolidated financial condition and results of operations.

Question: What is the average annual growth rate of Carrying value for Food Care for years 2017-2019?
Facts: 2; 519.7; 526.9; 527.9
Derivation: [(519.7-526.9)/526.9+(527.9-519.7)/519.7]/2
Answer: 0.11 percent

Question: What is Total Accumulated impairment expressed as a percentage of Gross Carrying Value for 2019?
Facts: 190.3; 2,407.2
Derivation: 190.3/2,407.2
Answer: 7.91 percent

Question: What is the Average total Carrying Value for years 2017-2019?
Facts: 1,939.8; 1,947.6; 2,216.9
Derivation: (2,216.9+1,947.6+1,939.8)/3
Answer: 2034.77 million

Question: Of deferred tax assets, how much state tax credits were there?
Facts: $7.7 million
Answer: $7.7 million

Question: What does the table show?
Facts: Deferred tax assets
Answer: Deferred tax assets

Question: How much did the valuation allowance decrease by in 2019?
Facts: $20.8 million
Answer: $20.8 million

Question: What is the percentage change of Net deferred tax assets from 2018 to 2019?
Facts: 150.0; 207.9
Derivation: (207.9-150.0)/150.0
Answer: 38.6 percent

Question: What is the percentage of deferred tax assets in foreign items to valuation allowance in 2019?
Facts: 183.4; 197.6
Derivation: 183.4/197.6
Answer: 92.81 percent

Question: What is the value of Sub-total deferred tax assets as a percentage of Net deferred tax assets for 2019?
Facts: 207.9; 452.9
Derivation: 452.9/207.9
Answer: 217.85 percent

Question: How was the fair value of the PSUs based on TSR estimated?
Facts: a Monte Carlo Simulation
Answer: a Monte Carlo Simulation

Question: What does the table represent?
Facts: The number of PSUs granted based on TSR and the assumptions used to calculate the grant date fair value of the PSUs based on TSR
Answer: The number of PSUs granted based on TSR and the assumptions used to calculate the grant date fair value of the PSUs based on TSR

Question: On may 18, 2017,  what did the O&C Committee approve?
Facts: a change in the vesting policy regarding the existing 2017 Three year PSU Awards for Ilham Kadri.
Answer: a change in the vesting policy regarding the existing 2017 Three year PSU Awards for Ilham Kadri.

Question: What is the average Risk-free interest rate for the 3 years?
Facts: 1.56; 2.00; 2.36
Derivation: (2.36+2.00+1.56)/3
Answer: 1.97 percent

Question: What is the number of units granted for 2019 expressed as a percentage of all units granted?
Facts: 100,958; 56,829; 70,543
Derivation: 70,543/(70,543+56,829+100,958)
Answer: 30.9 percent

Question: What is the average Number of units granted for the 3 years?
Facts: 100,958; 56,829; 70,543
Derivation: (70,543+56,829+100,958)/3
Answer: 76110

Question: How much was commited as of December 31, 2019 of total available lines of credit?
Facts: $1,137.4 million
Answer: $1,137.4 million

Question: What does the table show?
Facts: summarizes our available lines of credit and committed and uncommitted lines of credit, including the revolving credit facility discussed above, and the amounts available under our accounts receivable securitization programs.
Answer: summarizes our available lines of credit and committed and uncommitted lines of credit, including the revolving credit facility discussed above, and the amounts available under our accounts receivable securitization programs.

Question: What years are included in the table?
Facts: 2018; 2019
Answer: 2019; 2018

Question: How much money has not been committed as of December 31, 2019 for total available lines of credit?
Facts: 1,137.4; 1,344.1
Derivation: 1,344.1-1,137.4
Answer: 206.7 million

Question: What is the percentage of used lines of credit to Total available lines of credit as of December 31, 2019?
Facts: 1,344.1; 98.9
Derivation: 98.9/1,344.1
Answer: 7.36 percent

Question: What is the difference between the Unused lines of credit for 2019 and 2018?
Facts: 1,135.3; 1,245.2
Derivation: 1,245.2-1,135.3
Answer: 109.9 million

Question: What does the table represent?
Facts: detail of amounts reclassified from AOCL
Answer: detail of amounts reclassified from AOCL

Question: What years are included in the table?
Facts: 2017; 2018; 2019
Answer: 2019; 2018; 2017

Question: What is the Net of tax for 2018?
Facts: 0.2
Answer: 0.2 million

Question: What is the total Prior service credits for the 3 years?
Facts: 0.1; 0.3; 1.3
Derivation: 0.1+0.3+1.3
Answer: 1.7 million

Question: What is the average Total reclassifications for the period for the 3 years?
Facts: 1.9; 2.5; 7.8
Derivation: -(2.5+1.9+7.8)/3
Answer: -4.07 million

Question: For Treasury locks in 2019, What is the Net of tax expressed as a percentage of Total pre-tax amount?
Facts: 1.1; 1.7
Derivation: 1.1/1.7
Answer: 64.71 percent

Question: What employees are eligible for two Other Post-Employment Benefit Plans?
Facts: Covered employees who retired on or after attaining age 55 and who had rendered at least 10 years of service
Answer: Covered employees who retired on or after attaining age 55 and who had rendered at least 10 years of service

Question: What years are included in the table?
Facts: 2018; 2019
Answer: 2019; 2018

Question: What does the table represent?
Facts: Contributions made by us, net of Medicare Part D subsidies received in the U.S., are reported below as benefits paid. We may change the benefits at any time. The status of these plans, including a reconciliation of benefit obligations, a reconciliation of plan assets and the funded status of the plans
Answer: Contributions made by us, net of Medicare Part D subsidies received in the U.S., are reported below as benefits paid. We may change the benefits at any time. The status of these plans, including a reconciliation of benefit obligations, a reconciliation of plan assets and the funded status of the plans

Question: How much more Net actuarial gain is there in 2019 than 2018?
Facts: 0.4; 0.6
Derivation: -0.6-0.4
Answer: -1 million

Question: What is the difference between Benefit obligation at beginning of period for 2018 and 2019?
Facts: 46.4; 51.3
Derivation: 51.3-46.4
Answer: 4.9 million

Question: What is Benefit obligation at end of period expressed as a percentage of Benefit obligation at beginning of period for 2019?
Facts: 43.5; 46.4
Derivation: 43.5/46.4
Answer: 93.75 percent