Exhibit 99.2
SEALED AIR CORPORATION
SUPPLEMENTARY INFORMATION
REVISED SEGMENT INFORMATION(1)
(unaudited)
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| | Three Months Ended | | | Year Ended | |
| | March 31, 2012 | | | June 30, 2012 | | | September 30, 2012 | | | December 31, 2012 | | | December 31, 2011 | | | December 31, 2012 | | | December 31, 2011 | | | December 31, 2010 | |
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Net Sales | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Food & Beverage | | $ | 895.1 | | | $ | 922.6 | | | $ | 935.5 | | | $ | 986.4 | | | $ | 977.8 | | | $ | 3,739.6 | | | $ | 3,240.6 | | | $ | 2,858.5 | |
Institutional & Laundry | | | 510.2 | | | | 560.5 | | | | 527.2 | | | | 533.6 | | | | 534.0 | | | | 2,131.5 | | | | 534.0 | | | | — | |
Protective Packaging | | | 391.3 | | | | 390.8 | | | | 388.9 | | | | 407.4 | | | | 404.8 | | | | 1,578.4 | | | | 1,594.4 | | | | 1,469.9 | |
Medical Applications and New Ventures | | | 48.8 | | | | 50.7 | | | | 48.7 | | | | 50.4 | | | | 46.2 | | | | 198.6 | | | | 181.9 | | | | 161.7 | |
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Total Company | | $ | 1,845.4 | | | $ | 1,924.6 | | | $ | 1,900.3 | | | $ | 1,977.8 | | | $ | 1,962.8 | | | $ | 7,648.1 | | | $ | 5,550.9 | | | $ | 4,490.1 | |
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Depreciation and Amortization | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Food & Beverage | | $ | 41.4 | | | $ | 36.5 | | | $ | 34.9 | | | $ | 29.4 | | | $ | 36.4 | | | $ | 142.2 | | | $ | 122.2 | | | $ | 120.3 | |
Institutional & Laundry | | | 30.7 | | | | 32.4 | | | | 32.6 | | | | 31.6 | | | | 35.1 | | | | 127.3 | | | | 35.1 | | | | — | |
Protective Packaging | | | 9.7 | | | | 9.5 | | | | 10.4 | | | | 8.7 | | | | 10.8 | | | | 38.3 | | | | 44.1 | | | | 53.4 | |
Medical Applications and New Ventures | | | 2.7 | | | | 2.7 | | | | 4.3 | | | | 3.4 | | | | 2.6 | | | | 13.1 | | | | 10.9 | | | | 11.4 | |
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Total Company | | $ | 84.5 | | | $ | 81.1 | | | $ | 82.2 | | | $ | 73.1 | | | $ | 84.9 | | | $ | 320.9 | | | $ | 212.3 | | | $ | 185.1 | |
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Operating Profit | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Food & Beverage | | $ | 82.3 | | | $ | 69.9 | | | $ | (228.1 | ) | | $ | 114.8 | | | $ | 96.9 | | | $ | 38.9 | | | $ | 371.2 | | | $ | 361.9 | |
Institutional & Laundry | | | (0.7 | ) | | | 20.9 | | | | (976.1 | ) | | | 3.6 | | | | (14.8 | ) | | | (952.3 | ) | | | (14.8 | ) | | | — | |
Protective Packaging | | | 50.9 | | | | 46.7 | | | | 52.9 | | | | 57.0 | | | | 54.1 | | | | 207.5 | | | | 201.7 | | | | 185.1 | |
Medical Applications and New Ventures | | | (0.6 | ) | | | (1.0 | ) | | | (1.6 | ) | | | (22.3 | ) | | | (2.2 | ) | | | (25.5 | ) | | | (11.7 | ) | | | (4.5 | ) |
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Total segments and other | | | 131.9 | | | | 136.5 | | | | (1,152.9 | ) | | | 153.1 | | | | 134.0 | | | | (731.4 | ) | | | 546.4 | | | | 542.5 | |
Restructuring and other costs | | | 48.8 | | | | 28.0 | | | | 38.1 | | | | 34.9 | | | | 86.5 | | | | 149.8 | | | | 117.0 | | | | 7.6 | |
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Total Company | | $ | 83.1 | | | $ | 108.5 | | | $ | (1,191.0 | ) | | $ | 118.2 | | | $ | 47.5 | | | $ | (881.2 | ) | | $ | 429.4 | | | $ | 534.9 | |
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| | December 31, 2012 | | | December 31, 2011 | |
Assets by segment(2) | | | | | | | | |
Food & Beverage | | $ | 811.9 | | | $ | 806.5 | |
Institutional & Laundry | | | 587.8 | | | | 582.3 | |
Protective Packaging | | | 331.3 | | | | 337.3 | |
Medical and New Ventures | | | 37.0 | | | | 35.0 | |
Assets not allocated | | | 8,247.4 | | | | 9,670.9 | |
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Total Company | | $ | 10,015.4 | | | $ | 11,432.0 | |
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(1) | The changes to our segment structure have no effect on the historical consolidated results of operations of the Company. Prior period segment results have been revised to the new segment presentation. The results above include the results of Diversey beginning October 3, 2011 (date of acquisition). All results prior to October 3, 2011 include historical Sealed Air results only. |
(2) | Only assets which are identifiable by segment and reviewed by our chief operating decision maker by segment are allocated to the reportable segment assets, which are trade receivables, net, and finished goods inventories, net. All other assets are included in “Assets not allocated.” |