Silgan (SLGN) 10-K 25 Feb 21 2020 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Feb. 01, 2021	Jun. 30, 2020
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2020
Document Transition Report	false
Entity File Number	000-22117
Entity Registrant Name	SILGAN HOLDINGS INC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	06-1269834
Entity Address, Address Line One	4 Landmark Square
Entity Address, City or Town	Stamford,
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06901
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	NASDAQ
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
Entity Shell Company	false
Entity Public Float			$ 2,540
Entity Common Stock, Shares Outstanding		110,057,027
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Entity Central Index Key	0000849869
Current Fiscal Year End Date	--12-31

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 409,481	$ 203,824
Trade accounts receivable, less allowances of $6,803 and $5,485, respectively	619,535	504,986
Inventories	677,534	633,005
Prepaid expenses and other current assets	92,643	64,993
Total current assets	1,799,193	1,406,808
Property, plant and equipment, net	1,840,758	1,570,331
Goodwill	1,741,496	1,142,223
Other intangible assets, net	637,208	354,615
Other assets, net	492,931	457,082
Total assets	6,511,586	4,931,059
Current liabilities:
Revolving loans and current portion of long-term debt	28,036	29,813
Trade accounts payable	802,541	727,053
Accrued payroll and related costs	130,088	66,866
Accrued liabilities	230,955	194,797
Total current liabilities	1,191,620	1,018,529
Long-term debt	3,223,217	2,214,608
Deferred income taxes	355,995	254,836
Other liabilities	487,881	419,764
Commitments and contingencies
Stockholders’ equity:
Common stock ($0.01 par value per share; 400,000,000 shares authorized, 175,112,496 shares issued and 110,057,027 and 110,780,464 shares outstanding, respectively)	1,751	1,751
Paid-in capital	306,363	289,422
Retained earnings	2,395,395	2,141,302
Accumulated other comprehensive loss	(260,953)	(259,742)
Treasury stock at cost (65,055,469 and 64,332,032 shares, respectively)	(1,189,683)	(1,149,411)
Total stockholders’ equity	1,252,873	1,023,322
Liabilities and equity, total	$ 6,511,586	$ 4,931,059

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Trade accounts receivable, allowance for credit loss	$ 6,803	$ 5,485
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)	110,057,027	110,780,464
Treasury stock, shares (in shares)	65,055,469	64,332,032

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Statement [Abstract]
Net sales	$ 4,921,943	$ 4,489,927	$ 4,448,875
Cost of goods sold	4,054,544	3,776,183	3,759,112
Gross profit	867,399	713,744	689,763
Selling, general and administrative expenses	377,676	315,703	308,376
Rationalization charges	16,031	56,351	6,253
Other pension and postretirement income	(38,694)	(17,796)	(36,966)
Income before interest and income taxes	512,386	359,486	412,100
Interest and other debt expense before loss on early extinguishment of debt	103,827	105,674	116,306
Loss on early extinguishment of debt	1,481	1,676	2,493
Interest and other debt expense	105,308	107,350	118,799
Income before income taxes	407,078	252,136	293,301
Provision for income taxes	98,356	58,322	69,307
Net income	$ 308,722	$ 193,814	$ 223,994
Basic net income per share (in dollars per share)	$ 2.79	$ 1.75	$ 2.03
Diluted net income per share (in dollars per share)	$ 2.77	$ 1.74	$ 2.01

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 308,722	$ 193,814	$ 223,994
Other comprehensive income (loss), net of tax:
Changes in net prior service credit and net actuarial losses, net of tax benefit (provision) of $11,007, $(2,540) and $16,248, respectively	(29,502)	15,364	(49,644)
Change in fair value of derivatives, net of tax benefit of $461, $683 and $283, respectively	(1,474)	(2,174)	(919)
Foreign currency translation, net of tax benefit (provision) of $15,692, $(1,559) and $(3,914), respectively	29,765	(4,124)	(29,272)
Other comprehensive (loss) income	(1,211)	9,066	(79,835)
Comprehensive income	$ 307,511	$ 202,880	$ 144,159

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Changes in net prior service credit and net actuarial losses, net of tax benefit (provision) of $11,007, $(2,540) and $16,248, respectively	$ 11,007	$ (2,540)	$ 16,248
Change in fair value of derivatives, net of tax benefit of $461, $683 and $283, respectively	461	683	283
Foreign currency translation, net of tax benefit (provision) of $15,692, $(1,559) and $(3,914), respectively	$ 15,692	$ (1,559)	$ (3,914)

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Retained EarningsCumulative Effect, Period of Adoption, Adjustment	AOCI Attributable to Parent	Treasury Stock
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201409Member
Dividends declared on common stock per share (in dollars per share)	$ 0.40
Beginning balance (in shares) at Dec. 31, 2017		110,385,000
Beginning balance at Dec. 31, 2017		$ 1,751	$ 262,201	$ 1,809,845	$ 9,061	$ (188,973)	$ (1,118,759)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net issuance of treasury stock for vested restricted stock units (in shares)		233,000
Repurchases of common stock (in shares)		(188,000)
Stock compensation expense			14,923
Net issuance of treasury stock for vested restricted stock units			(1,062)				(1,995)
Net income	$ 223,994			223,994
Dividends declared on common stock				(45,115)
Other comprehensive (loss) income						(79,835)
Repurchases of common stock							(4,771)
Ending balance (in shares) at Dec. 31, 2018		110,430,000
Ending balance at Dec. 31, 2018	$ 881,265	$ 1,751	276,062	1,997,785	(593)	(268,808)	(1,125,525)
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201602Member
Dividends declared on common stock per share (in dollars per share)	$ 0.44
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net issuance of treasury stock for vested restricted stock units (in shares)		758,000
Repurchases of common stock (in shares)		(408,000)
Stock compensation expense			17,078
Net issuance of treasury stock for vested restricted stock units			(3,718)				(11,774)
Net income	$ 193,814			193,814
Dividends declared on common stock				(49,704)
Other comprehensive (loss) income						9,066
Repurchases of common stock							(12,112)
Ending balance (in shares) at Dec. 31, 2019	110,780,464	110,780,000
Ending balance at Dec. 31, 2019	$ 1,023,322	$ 1,751	289,422	2,141,302	$ (665)	(259,742)	(1,149,411)
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201613Member
Dividends declared on common stock per share (in dollars per share)	$ 0.48
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net issuance of treasury stock for vested restricted stock units (in shares)		365,000
Repurchases of common stock (in shares)		(1,088,000)
Stock compensation expense			18,780
Net issuance of treasury stock for vested restricted stock units			(1,839)				(4,382)
Net income	$ 308,722			308,722
Dividends declared on common stock				(53,964)
Other comprehensive (loss) income						(1,211)
Repurchases of common stock							(35,890)
Ending balance (in shares) at Dec. 31, 2020	110,057,027	110,057,000
Ending balance at Dec. 31, 2020	$ 1,252,873	$ 1,751	$ 306,363	$ 2,395,395		$ (260,953)	$ (1,189,683)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows provided by (used in) operating activities:
Net income	$ 308,722	$ 193,814	$ 223,994
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	219,098	206,483	191,737
Amortization of debt discount and debt issuance costs	4,543	3,463	3,774
Rationalization charges	16,031	56,351	6,253
Stock compensation expense	18,780	17,078	14,923
Loss on early extinguishment of debt	1,481	1,676	2,493
Deferred income tax provision (benefit)	24,119	(20,859)	23,740
Other changes that provided (used) cash, net of effects from acquisitions:
Trade accounts receivable, net	(49,415)	3,800	516
Inventories	11,363	53	20,366
Trade accounts payable	21,303	16,453	61,095
Accrued liabilities	38,361	13,950	3,564
Other, net	(11,879)	15,093	(45,935)
Net cash provided by operating activities	602,507	507,355	506,520
Cash flows provided by (used in) investing activities:
Purchase of businesses, net of cash acquired	(940,875)	0	0
Capital expenditures	(224,177)	(230,944)	(190,973)
Other, net	1,868	854	1,051
Net cash used in investing activities	(1,163,184)	(230,090)	(189,922)
Cash flows provided by (used in) financing activities:
Borrowings under revolving loans	1,041,709	1,194,120	1,043,370
Repayments under revolving loans	(1,054,520)	(1,292,280)	(991,006)
Changes in outstanding checks – principally vendors	5,199	(4,664)	(4,125)
Proceeds from issuance of long-term debt	1,639,661	400,000	0
Repayments of long-term debt	(766,170)	(359,432)	(286,200)
Debt issuance costs	(10,265)	(4,825)	(3,272)
Dividends paid on common stock	(53,643)	(50,840)	(44,549)
Repurchase of common stock	(42,111)	(27,604)	(7,828)
Net cash provided by (used in) financing activities	759,860	(145,525)	(293,610)
Effect of exchange rate changes on cash and cash equivalents	6,474	(735)	(3,702)
Cash and cash equivalents:
Net increase	205,657	131,005	19,286
Balance at beginning of year	203,824	72,819	53,533
Balance at end of year	409,481	203,824	72,819
Interest paid, net	89,535	108,798	118,377
Income taxes paid, net of refunds	$ 120,959	$ 40,650	$ 47,172

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	S UMMARY OF S IGNIFICANT A CCOUNTING P OLICIES Nature of Business . Silgan Holdings Inc., or Silgan, and its subsidiaries conduct business in three market segments: metal containers, closures and plastic containers. Our metal container business is engaged in the manufacture and sale of steel and aluminum containers for human and pet food and general line products. Our closures business manufactures and sells dispensing systems and metal and plastic closures for food, beverage, health care, garden, home, personal care, and beauty products. Our plastic container business manufactures and sells custom designed plastic containers for personal care, food, health care, pharmaceutical, household and industrial chemical, pet food and care, agricultural, automotive and marine chemical products. Our metal container business has operating facilities in North America, Europe and Asia. Our closures business has operating facilities in North and South America, Europe and Asia. Our plastic container business is based 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 domestic inventories for our metal container business and certain portions of our closures business is principally determined on the last-in, first-out basis, or LIFO. Cost for inventories for our plastic container business and certain portions of our closures business is principally determined on the first-in, first-out basis, or FIFO. Cost for foreign inventories for our metal container business and certain portions of our closures business 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 and other indefinite-lived intangible assets for impairment as of July 1 of each year and more frequently if circumstances indicate a possible impairment. We determined that goodwill and other indefinite-lived intangible assets were 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 a trade name and technology know-how and have a weighted average life of approximately 8 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 do not engage in trading or other speculative uses of these 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 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. We generally do not utilize external derivative financial instruments to manage our foreign currency exchange rate risk. 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. 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 have 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 stock options and 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. Recently Adopted Accounting Pronouncements . In May 2014, the Financial Accounting Standards Board, or FASB, issued an accounting standards update, or ASU, that amends the guidance for revenue recognition. This amendment contains principles that require an entity to recognize revenue to depict the transfer of promised goods and services to customers at an amount that an entity expects to be entitled to in exchange for those promised goods or services. We adopted this amendment on January 1, 2018, using the modified retrospective method for all contracts for which performance was not completed as of January 1, 2018. The adoption of this amendment required us to accelerate the recognition of revenue prior to shipment to certain customers 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. As a result of the adoption of this amendment, we increased retained earnings by $9.1 million as of January 1, 2018. The adoption of this amendment did not have a material impact on our financial position, results of operations or cash flows. See Note 2 for further information. In February 2016, the FASB issued an ASU that amends existing guidance for certain leases by lessees. This amendment required us to recognize assets and liabilities on the balance sheet for the rights and obligations created by long-term leases and to disclose additional quantitative and qualitative information about leasing arrangements. We adopted this amendment on January 1, 2019, using the transition method which allowed us to recognize the effects of applying this amendment as a cumulative effect to retained earnings as of January 1, 2019. We elected certain practical expedients permitted under the transition guidance for this amendment, which did not require us to reassess whether other contracts contain leases and allowed us to carryforward our lease classifications determined under the previous guidance. In addition, we elected to retain our previously determined assumptions concerning options to extend or terminate our leases. As a result of the adoption of this amendment, we reduced retained earnings by $0.6 million as of January 1, 2019. The adoption of this amendment did not have a material impact on our results of operations or cash flows. See Note 11 for further information. In June 2016, the FASB issued an ASU that amends the guidance on the accounting for credit losses on financial instruments. This new standard introduces an approach, based on expected losses, to estimate credit losses on certain types of financial instruments. The new approach to estimating credit losses (referred to as the current expected credit losses model) applies to most financial assets measured at amortized cost and certain other instruments, including trade and other receivables. We adopted this new standard on January 1, 2020, using the transition method which allowed us to recognize the effects of applying this standard as a cumulative effect to retained earnings as of January 1, 2020. As a result of the adoption of this standard, we reduced retained earnings by $0.7 million as of January 1, 2020. The adoption of this standard did not have a material impact on our financial position, results of operations or cash flows.

Revenue

Revenue	12 Months Ended
	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
REVENUE	R EVENUE The following tables present our revenues disaggregated by reportable business 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 business segment were as follows: 2020 2019 2018 (Dollars in thousands) Metal containers $ 2,557,980 $ 2,473,214 $ 2,377,980 Closures 1,712,433 1,405,611 1,456,799 Plastic containers 651,530 611,102 614,096 $ 4,921,943 $ 4,489,927 $ 4,448,875 Revenues by geography were as follows: 2020 2019 2018 (Dollars in thousands) North America $ 3,767,523 $ 3,593,961 $ 3,516,045 Europe and other 1,154,420 895,966 932,830 $ 4,921,943 $ 4,489,927 $ 4,448,875 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.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
ACQUISITION	ACQUISITIONS C OBRA P LASTICS, I NC. A CQUISITION On February 4, 2020 we acquired Cobra Plastics, Inc., or Cobra Plastics, a manufacturer and seller of injection molded plastic closures for a wide variety of consumer products, with a particular focus on the aerosol overcap market. The purchase price for this acquisition was $39.8 million, net of cash acquired, and was funded with revolving loan borrowings under our amended and restated senior secured credit facility. 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 $18.6 million and a customer relationship intangible asset of $11.5 million. Cobra Plastics' results of operations were included in our closures business since the acquisition date and were not significant since such date. A LBÉA D ISPENSING B USINESS A CQUISITION On June 1, 2020, we acquired the dispensing operations of the Albéa Group, or the Albéa Dispensing Business, a leading global supplier of highly engineered pumps, sprayers and foam dispensing solutions to major branded consumer goods product companies in the beauty and personal care markets. The Albéa Dispensing Business operates a global network of ten manufacturing facilities across North America, Europe, South America and Asia. This acquisition was strategically important for us, as it expanded our closures franchise and, in particular, our dispensing systems operations. The Albéa Dispensing Business results of operations were included in our closures business as of the acquisition date. We acquired the Albéa Dispensing Business for a purchase price in cash of $901.0 million, net of cash acquired. The purchase price is subject to adjustment for working capital, other current assets and current liabilities and net indebtedness. We incurred acquisition related costs for the Albéa Dispensing Business totaling $19.3 million and $1.8 million for the years ended December 31, 2020 and 2019, respectively, which are included in selling, general and administrative expenses in our Consolidated Statements of Income. We funded the purchase price for this acquisition with term and revolving loan borrowings under our amended and restated senior secured credit facility. See Note 9 for further information. The initial purchase price has been allocated to assets acquired and liabilities assumed based on estimated fair values at the date of acquisition using valuation techniques including the income, cost and market approaches, primarily using Level 3 inputs (as defined in Note 10). The purchase price allocation is preliminary and subject to change pending a final valuation of the assets and liabilities, including property, plant and equipment and intangible assets, and the related tax impact of any adjustments to such valuations. In connection with this acquisition, we recorded a charge of $3.5 million related to the write-up of acquired inventory of the Albéa Dispensing Business as a result of purchase accounting. The allocated fair value of assets acquired and liabilities assumed are summarized as follows (in thousands): Trade accounts receivable $ 42,742 Inventories 41,102 Property, plant and equipment 189,549 Other intangible assets 283,000 Other assets 33,502 Trade accounts payable and accrued liabilities (62,930) Deferred income tax liabilities (91,482) Debt and other liabilities (31,420) Total identifiable net assets 404,063 Goodwill 496,984 Cash paid at closing, net of cash acquired $ 901,047 Goodwill of $497.0 million consists largely of our increased capacity to serve our global customers and achieve operational synergies and has been assigned to our closures segment. A majority of the goodwill is not expected to be deductible for income tax purposes. Other intangible assets consist of customer relationships of $255.0 million with an estimated remaining life of 24 years and technology know-how of $28.0 million with an estimated remaining life of 8 years. Acquired property, plant and equipment are being depreciated on a straight-line basis with estimated remaining lives of up to 35 years.

Rationalization Charges

Rationalization Charges	12 Months Ended
	Dec. 31, 2020
Restructuring and Related Activities [Abstract]
RATIONALIZATION CHARGES	R ATIONALIZATION C HARGES We continually evaluate cost reduction opportunities across each of our businesses, 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 business segment for each of the years ended December 31 were as follows: 2020 2019 2018 (Dollars in thousands) Metal containers $ 9,905 $ 49,425 $ 5,316 Closures 5,759 6,562 180 Plastic containers 367 364 757 $ 16,031 $ 56,351 $ 6,253 In June 2019, we announced a footprint optimization plan for our metal container business, which included the closing of our metal container manufacturing facilities in Mt. Vernon, Missouri and Waupun, Wisconsin in the fourth quarter of 2019. These plant closings, in conjunction with the prior ratification of a new labor agreement at our Menomonee Falls, Wisconsin metal container manufacturing facility that provided for the withdrawal for that facility from the Central States, Southeast and Southwest Areas Pension Plan, or the Central States Pension Plan, resulted in our complete withdrawal from the Central States Pension Plan. We estimate net rationalization charges for this plan of $3.5 million for the plant closings and $62.0 million for the withdrawal from the Central States Pension Plan. We recorded total rationalization charges for this plan of $4.1 million and $46.2 million for the years ended December 31, 2020 and 2019, respectively. Rationalization charges in 2019 were largely to recognize the present value of the estimated withdrawal liability related to the Central States Pension Plan. Remaining expenses and cash expenditures for the plant closings are not expected to be significant. Remaining expenses for the accretion of interest for the withdrawal liability related to the Central States Pension Plan are expected to average approximately $1.1 million per year and 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 $3.1 million annually through 2040. Rationalization charges for the year ended December 31, 2019 for the closures business were primarily related to the announced shutdown in the first quarter of 2019 of the Torello, Spain metal closures manufacturing facility. Activity in reserves for our rationalization plans was as follows: Employee Plant Non-Cash Total (Dollars in thousands) Balance as of January 1, 2018 $ 22 $ 2,397 $ — $ 2,419 Charged to expense 898 534 4,821 6,253 Utilized and currency translation (790) (1,449) (4,821) (7,060) Balance at December 31, 2018 130 1,482 — 1,612 Charged to expense 49,496 1,336 5,519 56,351 Utilized and currency translation (6,811) (1,920) (5,519) (14,250) Balance at December 31, 2019 42,815 898 — 43,713 Charged to expense 8,525 2,296 5,210 16,031 Utilized and currency translation (10,335) (2,639) (5,210) (18,184) Balance at December 31, 2020 $ 41,005 $ 555 $ — $ 41,560 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).

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	A CCUMULATED O THER C OMPREHENSIVE L OSS 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 Change in Fair Foreign Total (Dollars in thousands) Balance at January 1, 2018 $ (104,822) $ (89) $ (84,062) $ (188,973) Other comprehensive loss before (53,797) (766) (33,679) (88,242) Amounts reclassified from accumulated other comprehensive loss 4,153 (153) 4,407 8,407 Other comprehensive loss (49,644) (919) (29,272) (79,835) Balance at December 31, 2018 (154,466) (1,008) (113,334) (268,808) Other comprehensive loss before reclassifications 4,895 (2,723) (4,124) (1,952) Amounts reclassified from accumulated other comprehensive loss 10,469 549 — 11,018 Other comprehensive income 15,364 (2,174) (4,124) 9,066 Balance at December 31, 2019 (139,102) (3,182) (117,458) (259,742) Other comprehensive loss before reclassifications (36,660) (3,493) 29,765 (10,388) Amounts reclassified from accumulated other comprehensive loss 7,158 2,019 — 9,177 Other comprehensive loss (29,502) (1,474) 29,765 (1,211) Balance at December 31, 2020 $ (168,604) $ (4,656) $ (87,693) $ (260,953) 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, 2020, 2019 and 2018 were net (losses) of $(9.8) million , $(13.7) million and $(5.7) million, respectively, excluding an income tax benefit of $2.6 million, $3.2 million and $1.5 million, respectively. These net losses included amortization of net actuarial (losses) of $(11.5) million, $(15.9) million and $(6.9) million for the years ended December 31, 2020, 2019 and 2018, respectively, and amortization of net prior service credit of $1.7 million, $2.2 million and $1.2 million for the years ended December 31, 2020, 2019 and 2018, respectively. Amortization of net actuarial losses and net prior service credit is a component of net periodic benefit credit. See Note 12 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, 2020, 2019 and 2018 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; (ii) foreign currency (losses) related to intra-entity foreign currency transactions that are of a long-term investment nature; and (iii) 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

Inventories

Inventories	12 Months Ended
	Dec. 31, 2020
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES The components of inventories at December 31 were as follows: 2020 2019 (Dollars in thousands) Raw materials $ 270,066 $ 286,953 Work-in-process 167,100 134,417 Finished goods 335,346 355,337 Other 14,610 12,793 787,122 789,500 Adjustment to value inventory at cost on the LIFO method (109,588) (156,495) $ 677,534 $ 633,005 Inventories include $201.5 million and $152.6 million recorded on the FIFO method at December 31, 2020 and 2019, respectively, and $118.3 million and $112.9 million recorded on the average cost method at December 31, 2020 and 2019, respectively.

Property, Plant and Equipment,

Property, Plant and Equipment, Net	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT, NET	P ROPERTY , P LANT AND E QUIPMENT , N ET Property, plant and equipment, net at December 31 was as follows: 2020 2019 (Dollars in thousands) Land $ 89,304 $ 77,233 Buildings and improvements 559,773 493,035 Machinery and equipment 3,337,536 3,009,591 Construction in progress 199,635 167,635 4,186,248 3,747,494 Accumulated depreciation (2,345,490) (2,177,163) $ 1,840,758 $ 1,570,331

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets, Net	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS, NET	G OODWILL AND O THER I NTANGIBLE A SSETS , N ET Changes in the carrying amount of goodwill were as follows: Metal Closures Plastic Total (Dollars in thousands) Balance at December 31, 2018 $ 114,462 $ 807,626 $ 226,214 $ 1,148,302 Currency translation (999) (5,850) 770 (6,079) Balance at December 31, 2019 113,463 801,776 226,984 1,142,223 Acquisitions — 515,595 — 515,595 Currency translation 4,475 78,820 383 83,678 Balance at December 31, 2020 $ 117,938 $ 1,396,191 $ 227,367 $ 1,741,496 The components of other intangible assets, net at December 31 were as follows: 2020 2019 Gross Accumulated Gross Accumulated (Dollars in thousands) Definite-lived intangibles: Customer relationships $ 711,065 $ (147,014) $ 422,042 $ (116,575) Other 72,689 (31,672) 39,447 (22,439) 783,754 (178,686) 461,489 (139,014) Indefinite-lived intangibles: Trade names 32,140 — 32,140 — $ 815,894 $ (178,686) $ 493,629 $ (139,014) In connection with our acquisitions of Cobra Plastics and the Albéa Dispensing Business as discussed in Note 3, we recognized intangible assets for customer relationships of $266.5 million and technology know-how of $28.0 million. Amortization expense in 2020, 2019 and 2018 was $36.2 million, $27.1 million and $27.6 million, respectively. Amortization expense is expected to be $41.3 million, $40.8 million, $40.8 million, $37.8 million and $36.4 million for the years ended December 31, 2021 through 2025, respectively.

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
LONG-TERM DEBT	L ONG -T ERM D EBT Long-term debt at December 31 was as follows: 2020 2019 (Dollars in thousands) Bank debt: Bank revolving loans $ — $ — U.S. term loans 900,000 760,000 Canadian term loans — 4,703 Other foreign bank revolving and term loans 30,407 31,127 Total bank debt 930,407 795,830 4¾% Senior Notes 300,000 300,000 3¼% Senior Notes 795,307 729,755 4⅛% Senior Notes 600,000 400,000 2¼% Senior Notes 611,775 — Finance leases 34,480 33,288 Total debt - principal 3,271,969 2,258,873 Less unamortized debt issuance costs and debt discount 20,716 14,452 Total debt 3,251,253 2,244,421 Less current portion 28,036 29,813 $ 3,223,217 $ 2,214,608 A GGREGATE A NNUAL M ATURITIES 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): 2021 $ 26,116 2022 743 2023 654 2024 400,620 2025 1,095,927 Thereafter 1,713,429 $ 3,237,489 At December 31, 2020, the current portion of our long-term debt consisted of $26.1 million of other foreign bank revolving and term loans and $1.9 million of finance leases. As discussed in Note 18, 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 and used the gross proceeds from such issuance to prepay $500.0 million of our outstanding term loans under the Credit Agreement. Accordingly, aggregate annual maturities of such prepaid term loans under the Credit Agreement were extended to 2026 for purposes of the table above to match the maturities of the 1.4% Notes. B ANK C REDIT A GREEMENT On March 24, 2017, we completed an amendment and restatement of our previous senior secured credit facility, which extended the maturity dates of our senior secured credit facility, provides additional borrowing capacity for us and provides us with greater flexibility with regard to our strategic initiatives. On May 30, 2018, we entered into an amendment to our amended and restated senior secured credit facility, as so amended, the Credit Agreement. This amendment further extended the maturity dates of the Credit Agreement, lowered the margin on borrowings thereunder and provides us with additional flexibility with regard to our strategic initiatives. The Credit Agreement provides us with revolving loans, or the Revolving Loans, consisting of a multicurrency revolving loan facility of approximately $1.19 billion and a Canadian revolving loan facility of Cdn $15.0 million. The Credit Agreement also provided us with $900.0 million of term loans which were borrowed on June 1, 2020 to fund the purchase price for the acquisition of the Albéa Dispensing Business. See Note 3 for further information. In addition, the Credit Agreement initially had provided us with U.S. $800.0 million and Cdn $45.5 million of term loans, all of which have been repaid. The Revolving Loans generally may be borrowed, repaid and reborrowed from time to time until May 30, 2023. Proceeds from the Revolving Loans may be used for working capital and other general corporate purposes (including acquisitions, capital expenditures, dividends, stock repurchases and repayments of other debt). The outstanding term loans under the Credit Agreement, after giving effect to the prepayment of $500.0 million thereof on February 10, 2021 with the gross proceeds from the issuance of the 1.4% Notes, are repayable in one installment of $400.0 million on May 30, 2024. In February 2020, we repaid all outstanding U.S. term loans ($760.0 million aggregate principal amount) and Canadian term loans (Cdn $6.1 million aggregate principal amount) under the Credit Agreement at that time with proceeds received from our issuances of an additional $200.0 million aggregate principal amount of our 4⅛% Senior Notes due 2028 and €500.0 million aggregate principal amount of our 2¼% Senior Notes due 2028 and with revolving loan borrowings under the Credit Agreement and cash on hand. During 2019, we repaid $40.0 million of U.S. term loans and Cdn $24.0 million of Canadian term loans under the Credit Agreement. 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 multicurrency incremental loan facility for up to U.S. $1.25 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, increased commitments under the revolving loan facilities 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 the Term Loans and a weighted average life to maturity of no less than the weighted average life to maturity of the Term Loans; 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. At December 31, 2020, we had term loan borrowings outstanding under the Credit Agreement of $900.0 million, and we had no Revolving Loans outstanding under the Credit Agreement. At December 31, 2019, we had term loan borrowings outstanding under the Credit Agreement of $760.0 million of U.S. term loans and Cdn $6.1 million of Canadian term loans, totaling U.S. denominated $764.7 million (with non-U.S. denominated amounts translated at exchange rates in effect at such date), and we had no Revolving Loans outstanding under the Credit Agreement. Under the Credit Agreement, the interest rate for U.S. term loans will be either the Eurodollar Rate or the base rate under the Credit Agreement plus a margin and the interest rate for Canadian term loans will be either the CDOR Rate or the Canadian prime rate under the Credit Agreement plus a margin. Outstanding Revolving Loans incur interest at the same rates as U.S. term loans in the case of U.S. dollar denominated Revolving Loans and as Canadian term loans in the case of Canadian dollar denominated Revolving Loans. Euro and Pounds Sterling denominated Revolving Loans incur interest at the applicable Euro Rate plus the applicable margin. At December 31, 2020, the margin for U.S. term loans and Revolving Loans maintained as Eurodollar Rate, CDOR Rate or Euro Rate loans was 1.50 percent and 1.25 percent, respectively. The interest rate margin on all loans will be reset quarterly based upon our Total Net Leverage Ratio as provided in the Credit Agreement. As of December 31, 2020, the interest rate on U.S. term loans was 1.75 percent. 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 facilities (0.25 percent at December 31, 2020). The commitment fee will be 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 multicurrency revolving loan facility under the Credit Agreement for letters of credit as long as the aggregate amount of borrowings of Revolving Loans under the multicurrency revolving loan facility and letters of credit do not exceed the amount of the commitment under such multicurrency 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 multicurrency 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 2020, 2019 and 2018, the weighted average annual interest rate paid on term loans under the Credit Agreement was 2.1 percent, 3.6 percent and 3.6 percent, respectively; and the weighted average annual interest rate paid on revolving loans under the Credit Agreement was 1.9 percent, 3.5 percent and 3.5 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 2020, 2019 and 2018, any interest rate swap agreements in effect did not significantly impact our weighted average annual interest rate paid on term loans under our senior secured credit facilities. See Note 10 which includes a discussion of our interest rate swap agreements. The indebtedness under the Credit Agreement is guaranteed by us and our U.S., Canadian and Dutch subsidiaries. The stock of our U.S., Canadian and Dutch 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 prepayment of all U.S. term loans under the Credit Agreement in February 2020 that were outstanding at that time, we recorded a pre-tax charge for the loss on early extinguishment of debt of $1.5 million in 2020 for the write-off of unamortized debt issuance costs. As a result of the 2018 amendment to the Credit Agreement, we recorded a pre-tax charge for the loss on early extinguishment of debt of $1.1 million in 2018. 2¼% S ENIOR N OTES 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 general unsecured obligations of Silgan, ranking equal in right of payment with our existing and future unsecured unsubordinated indebtedness, including our 4⅛% Senior Notes due 2028, our 4¾% Senior Notes due 2025 and our 3¼% Senior Notes due 2025, and ahead of our existing and future subordinated debt. In addition, the 2¼% Notes are effectively subordinated to Silgan’s secured debt to the extent of the assets securing such debt and structurally subordinated to all obligations of subsidiaries of Silgan. 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, Elavon Financial Services DAC, UK Branch, as paying agent, and Elavon Financial Services 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 indenture for our 4⅛% Senior Notes due 2028 and the indenture for our 4¾% Senior Notes due 2025 and our 3¼% Senior Notes due 2025. The 2¼% Notes are redeemable, at our option, in whole or in part, at any time on or after March 1, 2023, initially at 101.125 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 March 1, 2025. In addition, prior to March 1, 2023, we may redeem up to 35 percent of the aggregate principal amount of the 2¼% Notes with the proceeds of certain equity offerings at a redemption price of 102.25 percent of their principal amount, plus accrued and unpaid interest to the date of redemption. We may also redeem the 2¼% Notes, in whole or in part, prior to March 1, 2023 at a redemption price equal to 100 percent of their principal amount plus a make-whole premium as provided in the indenture for the 2¼% Notes, together with accrued and unpaid interest to the date of redemption. 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). The net proceeds from the sale of the 2¼% Notes were approximately €494.0 million, after deducting the initial purchasers' discount and offering expenses. We used the net proceeds from the sale of the 2¼% Notes to prepay outstanding term loans under the Credit Agreement. 4⅛% S ENIOR N OTES 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 general senior unsecured obligations of Silgan, ranking equal in right of payment with our existing and future unsecured unsubordinated indebtedness, including the 2¼% Notes, our 4¾% Senior Notes due 2025 and our 3¼% Senior Notes due 2025, and ahead of our existing and future subordinated debt. In addition, the 4⅛% Notes are effectively subordinated to Silgan's secured debt to the extent of the assets securing such debt and structurally subordinated to all obligations of subsidiaries of Silgan. 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 indenture for the 2¼% Notes and the indenture for our 4¾% Senior Notes due 2025 and our 3¼% Senior Notes due 2025. The 4⅛% Notes are redeemable, at our option, in whole or in part, at any time on or after October 1, 2022 initially at 102.063 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 October 1, 2024. In addition, prior to October 1, 2022, we may redeem up to 35 percent of the aggregate principal amount of the 4⅛% Notes with the proceeds of certain equity offerings at a redemption price of 104.125 percent of their principal amount, plus accrued and unpaid interest to the date of redemption. We may also redeem the 4⅛% Notes, in whole or in part, prior to October 1, 2022 at a redemption price equal to 100 percent of their principal amount plus a make-whole premium as provided in the indenture for the 4⅛% Notes, together with accrued and unpaid interest to the date of redemption. 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). The net proceeds from the sale of the 4⅛% Notes in November 2019 were approximately $394.7 million, after deducting the initial purchasers’ discount and offering expenses. We used the net proceeds from that sale of the 4⅛% Notes to repay outstanding revolving loans under the Credit Agreement, including revolving loans used to redeem our 5½% Senior Notes due 2022. The net proceeds from the sale of the additional 4⅛% Notes in February 2020 were approximately $196.5 million, after deducting the initial purchasers' discount and offering expenses and excluding pre-issuance interest deemed to have accrued to the closing date and paid by purchasers. We used the net proceeds from the sale of the additional 4⅛% Notes to prepay outstanding term loans under the Credit Agreement. 4¾% S ENIOR N OTES AND 3¼% S ENIOR N OTES On February 13, 2017, we issued $300.0 million aggregate principal amount of our 4¾% Senior Notes due 2025, or the 4¾% Notes, and €650.0 million aggregate principal amount of our 3¼% Senior Notes due 2025, or the 3¼% Notes, each at 100 percent of their principal amount. The 4¾% Notes and the 3¼% Notes are general unsecured obligations of Silgan, ranking equal in right of payment with our existing and future unsecured unsubordinated indebtedness, including the 2¼% Notes and the 4⅛% Notes, and ahead of our existing and future subordinated debt. The 4¾% Notes and the 3¼% Notes are effectively subordinated to Silgan’s secured debt to the extent of the assets securing such debt and structurally subordinated to all obligations of subsidiaries of Silgan. The 4¾% Notes and the 3¼% Notes will mature on March 15, 2025. Interest on the 4¾% Notes and the 3¼% Notes is payable semiannually in cash on March 15 and September 15 of each year. The 4¾% Notes and the 3¼% Notes were issued pursuant to an indenture by and among Silgan, U.S. Bank National Association, as trustee, Elavon Financial Services DAC, UK Branch, as paying agent in respect of the 3¼% Notes, and Elavon Financial Services DAC, as registrar and transfer agent in respect of the 3¼% Notes, which indenture contains covenants that are generally less restrictive than those in the Credit Agreement and substantially similar to those in the indenture for the 2¼% Notes and the indenture for the 4⅛% Notes. The 4¾% Notes are redeemable, at our option, in whole or in part, at any time on and after March 15, 2020, initially at 102.375 percent of their principal amount, plus accrued and unpaid interest thereon 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 March 15, 2022. The 3¼% Notes are redeemable, at our option, in whole or in part, at any time on and after March 15, 2020, initially at 101.625 percent of their principal amount, plus accrued and unpaid interest thereon 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 March 15, 2022. Upon the occurrence of a change of control repurchase event as provided in the indenture for the 4¾% Notes and the 3¼% Notes, we are required to make an offer to repurchase the 4¾% Notes and the 3¼% Notes at a repurchase price equal to 101 percent of their principal amount, plus, in each case, accrued and unpaid interest to the date of repurchase. 5½% S ENIOR N OTES On August 1, 2019, we redeemed all $300.0 million aggregate principal amount of our outstanding 5½% Senior Notes due 2022 at a redemption price of 100 percent of their principal amount, plus accrued and unpaid interest to the redemption date. We funded this redemption with revolving loan borrowings under the Credit Agreement and cash on hand. As a result of this redemption, we recorded a pre-tax charge for the loss on early extinguishment of debt of $1.7 million in 2019 for the write-off of unamortized debt issuance costs. 5% S ENIOR N OTES

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 31, 2020
Fair Value Disclosures [Abstract]
FINANCIAL INSTRUMENTS	F INANCIAL I NSTRUMENTS 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: 2020 2019 Carrying Fair Carrying Fair (Dollars in thousands) Assets: Cash and cash equivalents $ 409,481 $ 409,481 $ 203,824 $ 203,824 Liabilities: Bank debt $ 930,407 $ 930,407 $ 795,830 $ 795,830 4¾% Notes 300,000 304,890 300,000 308,217 3¼% Notes 795,307 806,283 729,755 748,349 4⅛% Notes 599,089 623,280 400,000 401,848 2¼% Notes 611,775 622,481 — — F AIR V ALUE M EASUREMENTS F INANCIAL I NSTRUMENTS M EASURED AT F AIR V ALUE 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, 2020 and 2019 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. F INANCIAL I NSTRUMENTS N OT M EASURED AT F AIR V ALUE Our bank debt, 4¾% Notes, 3¼% Notes, 4⅛% Notes and 2¼% 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 4¾% Notes, 3¼% Notes, 4⅛% Notes and 2¼% Notes were estimated based on the quoted market price, a Level 1 input. D ERIVATIVE I NSTRUMENTS AND H EDGING A CTIVITIES We utilize swap agreements to manage a portion of our interest rate and natural gas cost exposures. We do not utilize derivative financial instruments for trading or other speculative purposes. 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. I NTEREST R ATE S WAP A GREEMENTS We have entered into two U.S. dollar interest rate swap agreements, each for $50.0 million notional principal amount, to manage a portion of our exposure to interest rate fluctuations. These interest rate swap agreements effectively convert interest rate exposure from variable rates to fixed rates of interest. Under these agreements, we will pay a fixed rate of interest of 2.878 percent and receive floating rates of interest based on the three month LIBOR. These agreements were entered into in 2018, became effective on March 29, 2019 and mature on March 24, 2023. 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 the year ended December 31, 2020. These agreements are with financial institutions which are expected to fully perform under the terms thereof. The total fair value of our interest rate swap agreements at December 31, 2020 and 2019 was not significant. N ATURAL G AS S WAP A GREEMENTS 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, 2020, 2019 and 2018. 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, 2020 and 2019 was not significant. F OREIGN C URRENCY E XCHANGE R ATE R ISK In an effort to minimize foreign currency exchange rate risk, we have financed acquisitions of foreign operations primarily with borrowings denominated in Euros and Canadian dollars. 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 3¼% Notes which are Euro denominated. Foreign currency (losses) gains related to our net investment hedges included in accumulated other comprehensive loss were $(66.2) million, $6.8 million and $16.6 million for the years ended December 31, 2020, 2019 and 2018, respectively. C ONCENTRATION OF C REDIT R ISK We derive a significant portion of our revenue from multi-year supply agreements with many of our customers. Aggregate revenues from our three largest customers (Nestlé Food Company, Campbell Soup Company and Del Monte Corporation) accounted for approximately 22.2 percent, 23.6 percent and 23.0 percent of our net sales in 2020, 2019 and 2018, respectively. The receivable balances from these customers collectively represented 2.6 percent and 5.6 percent of our trade accounts receivable at December 31, 2020 and 2019, 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.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	C OMMITMENTS AND C ONTINGENCIES 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 are 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 $80.3 million, $71.0 million and $52.2 million for the years ended December 31, 2020, 2019 and 2018, respectively, primarily related to operating lease costs paid to lessors from operating cash flows. Lease expense disclosed under previous lease accounting guidance for the year ended December 31, 2018 excluded certain payments for variable lease costs and short-term lease costs. Right-of-use assets obtained in exchange for new operating lease liabilities, a non-cash item, were $56.7 million and $52.0 million for the years ended December 31, 2020 and 2019, respectively. Operating lease right-of-use assets were recorded in our Consolidated Balance Sheets as other assets, net of $206.6 million and $186.8 million as of December 31, 2020 and 2019, respectively. Operating lease liabilities of $215.1 million and $195.2 million were recorded in our Consolidated Balance Sheets as accrued liabilities of $41.2 million and $36.5 million and other liabilities of $173.9 million and $158.7 million as of December 31, 2020 and 2019, respectively. At December 31, 2020, our operating leases had a weighted average discount rate of 5.4 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 $39.0 million and $33.8 million as of December 31, 2020 and 2019, respectively. Finance lease liabilities of $34.5 million and $33.3 million were recorded in our Consolidated Balance Sheets as revolving loans and current portion of long term-debt of $1.9 million for each of the years ended December 31, 2020 and 2019 and long-term debt of $32.6 million and $31.4 million as of December 31, 2020 and 2019, respectively. The aggregate annual maturities of lease liabilities are as follows (dollars in thousands): Operating Finance Leases Leases 2021 $ 51,697 $ 3,459 2022 45,379 3,199 2023 38,495 3,154 2024 31,168 27,051 2025 26,427 297 Thereafter 66,237 2,901 Total lease payments 259,403 40,061 Less imputed interest (44,256) (5,581) Total $ 215,147 $ 34,480 At December 31, 2020, we did not have any significant operating or finance leases that had not commenced. At December 31, 2020, we had noncancelable commitments for capital expenditures in 2021 of $29.8 million. A competition authority in Germany commenced an antitrust investigation in 2015 involving the industry association for metal packaging in Germany and its members, including our metal container and metal closures subsidiaries in Germany. At the end of April 2018, the European Commission commenced an antitrust investigation involving the metal packaging industry in Europe including our metal container and metal closures subsidiaries, which should effectively close out the investigation in Germany. Given the current stage of the investigation, we cannot reasonably assess what actions may result from these investigations or estimate what costs we may incur as a result thereof. 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.

Retirement Benefits

Retirement Benefits	12 Months Ended
	Dec. 31, 2020
Retirement Benefits [Abstract]
RETIREMENT BENEFITS	R ETIREMENT B ENEFITS 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 Benefits Other 2020 2019 2020 2019 (Dollars in thousands) Change in benefit obligation Obligation at beginning of year $ 855,509 $ 751,625 $ 21,718 $ 19,186 Service cost 13,638 12,505 88 80 Interest cost 23,074 28,316 566 759 Actuarial losses 100,839 103,918 1,440 3,477 Acquisition 8,930 — — — Plan amendments — 528 — — Benefits paid (41,332) (39,508) (1,765) (1,888) Participants’ contributions — — 105 104 Foreign currency exchange rate changes 10,757 (1,875) — — Obligation at end of year 971,415 855,509 22,152 21,718 Change in plan assets Fair value of plan assets at beginning of year 869,070 732,502 — — Actual return on plan assets 126,249 174,014 — — Employer contributions 2,358 2,062 1,660 1,784 Participants’ contributions — — 105 104 Benefits paid (41,332) (39,508) (1,765) (1,888) Fair value of plan assets at end of year 956,345 869,070 — — Funded status $ (15,070) $ 13,561 $ (22,152) $ (21,718) Actuarial losses related to pension benefits were primarily the result of changes in discount rates used to calculate projected benefit obligations. Pension Benefits Other 2020 2019 2020 2019 (Dollars in thousands) Amounts recognized in the consolidated balance sheets Non-current assets $ 125,740 $ 122,552 $ — $ — Current liabilities (2,674) (2,225) (1,665) (1,794) Non-current liabilities (138,136) (106,766) (20,487) (19,924) Net amount recognized $ (15,070) $ 13,561 $ (22,152) $ (21,718) Amounts recognized in accumulated other comprehensive loss (income) Net actuarial loss (gain) $ 230,058 $ 193,061 $ (1,344) $ (3,123) Prior service cost (credit) 974 1,179 (4,467) (6,405) Net amount recognized $ 231,032 $ 194,240 $ (5,811) $ (9,528) The fair value of plan assets for our domestic pension plans was 115 percent and 116 percent of their projected benefit obligations at December 31, 2020 and 2019, respectively. Pension plans with projected benefit obligations in excess of plan assets at December 31, 2020 and 2019 consisted entirely of our international pension benefit plans which are not funded. The projected benefit obligation for our international pension benefit plans was $140.8 million and $109.0 million at December 31, 2020 and 2019, respectively. The accumulated benefit obligation for all pension benefit plans at December 31, 2020 and 2019 was $942.6 million and $828.0 million, respectively. Pension plans with accumulated benefit obligations in excess of plan assets at December 31, 2020 and 2019 consisted entirely of our international pension benefit plans which are not funded. The accumulated benefit obligation for our international pension benefit plans was $134.9 million and $103.9 million at December 31, 2020 and 2019, 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 Other 2021 $ 43,591 $ 1,665 2022 44,786 1,515 2023 45,998 1,464 2024 46,887 1,422 2025 48,032 1,351 2026-2030 247,776 6,284 $ 477,070 $ 13,701 Our principal domestic pension and other postretirement benefit plans used the following weighted average actuarial assumptions to determine the benefit obligations at December 31: 2020 2019 Discount rate 2.5 % 3.4 % Expected return on plan assets 8.5 % 8.5 % Rate of compensation increase 2.5 % 2.5 % Health care cost trend rate: Assumed for next year 6.2 % 6.3 % Ultimate rate 4.2 % 4.3 % Year that the ultimate rate is reached 2036 2035 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 1.1 percent and 1.5 percent as of December 31, 2020 and 2019, respectively, and a rate of compensation increase of 3.2 percent and 3.3 percent to determine the benefit obligation as of December 31, 2020 and 2019, respectively. The components of the net periodic benefit credit for each of the years ended December 31 were as follows: Pension Benefits Other Postretirement Benefits 2020 2019 2018 2020 2019 2018 (Dollars in thousands) Service cost $ 13,638 $ 12,505 $ 14,238 $ 88 $ 80 $ 99 Interest cost 23,074 28,316 25,316 566 759 640 Expected return on plan assets (72,122) (60,567) (68,575) — — — Amortization of prior service cost (credit) 205 115 173 (1,937) (2,330) (1,392) Amortization of actuarial losses (gains) 11,859 16,399 7,378 (339) (488) (506) Net periodic benefit credit $ (23,346) $ (3,232) $ (21,470) $ (1,622) $ (1,979) $ (1,159) Our principal domestic pension and other postretirement benefit plans used the following weighted average actuarial assumptions to determine net periodic benefit credit for the years ended December 31: 2020 2019 2018 Discount rate 3.4 % 4.5 % 3.8 % Expected return on plan assets 8.5 % 8.5 % 8.5 % Rate of compensation increase 2.5 % 2.6 % 2.6 % Health care cost trend rate 6.3 % 6.4 % 6.2 % Our international pension benefit plans used a discount rate of 1.5 percent, 2.2 percent and 2.1 percent for the years ended December 31,2020, 2019 and 2018, respectively, and used a rate of compensation increase of 3.3 percent to determine net periodic benefit credit for each of the years ended December 31, 2020, 2019 and 2018. M ULTIEMPLOYER P ENSION P LANS In 2020, we participated in three 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 2020, 2019 and 2018 was $3.8 million, $4.8 million and $5.3 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. Based on the latest information available, in 2020 we participated in two multiemployer plans with a funded status less than 65 percent. Further information on these multiemployer plans for the years ended December 31, 2020, 2019 and 2018 is as follows: Pension Fund EIN/Pension Plan Pension FIP / RP Contributions Surcharge 2020 2019 2020 2019 2018 (Dollars in thousands) Central States, Southeast & Southwest Areas Pension Fund (1) 36-6044243/001 Red (2) Red (2) Implemented $ — $ 1,166 $ 1,797 No United Food & Commercial Workers — Local 1 Pension Fund (3) 16-6144007/001 Red (2) Red (2) Implemented 240 245 237 No IAM National Pension Fund (4) 51-6031295/002 Red Red Implemented 2,746 2,667 2,587 No All Other 775 707 671 Total Contributions $ 3,761 $ 4,785 $ 5,292 ______________________ (1) In 2019, we withdrew completely from this pension fund. See Note 4 for further information. (2) Under the Multiemployer Pension Reform Act of 2014, the status of this pension fund was critical and declining, as defined under such Act. (3) The collective bargaining agreement related to this pension fund expires on January 14, 2024. A single company that was making over 80 percent of the contributions for this pension fund filed for Chapter 11 bankruptcy during 2018 and withdrew from this pension fund without paying its withdrawal liability. For 2019 and 2018, the fund actuary for this pension fund projected insolvency for this pension fund in 2026 and 2025, respectively. (4) The applicable collective bargaining agreements related to this pension fund expire at various times through February 28, 2023. Although this pension fund was formally certified in the yellow zone in 2019, the trustees of this pension plan elected voluntarily to place this pension plan in the red zone to take advantage of certain provisions of the Pension Protection Act even though this pension plan had a funded status of 89 percent at the end of 2018 and a funded status of 87 percent at the end of 2019. 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 2019 and 2018 is for plan years that ended in each of those years. 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 status,” based on criteria established under the Internal Revenue Code of 1986, as amended (the “Code”), and is generally less than 65 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 2019 plan year. The “Surcharge Imposed” column indicates whether our contribution rate for 2019 included an amount in addition to the contribution rate specified in the applicable collective bargaining agreement, as imposed by a plan in “critical status” in accordance with the requirements of the Code. Our contributions to each of these respective plans were less than five percent of total contributions made by all employers to each of these respective plans, as reported by these plans for the year ended December 31, 2019, the most recent plan year available. We do not expect our contributions to these plans for the year ended December 31, 2021 to be significantly different from our contributions for the year ended December 31, 2020. D EFINED C ONTRIBUTION P LANS 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, 2020, 2019 and 2018 were $15.2 million, $14.4 million and $12.0 million, respectively. P LAN A SSETS I NVESTMENT S TRATEGY Our investment strategy is based on an expectation that equity securities will outperform debt securities over the long term. Accordingly, the composition of our plan assets is broadly characterized as a 58 percent/42 percent allocation between equity and debt securities. The equity securities allocation utilizes indexed U.S. equity securities (which constitutes approximately 85 percent of equity securities), with a lesser allocation to indexed international equity securities. The debt securities allocation primarily utilizes indexed investment grade U.S. debt securities. We attempt to mitigate investment risk by regularly rebalancing between equity and debt securities as contributions and benefit payments are made. The weighted average asset allocation for our pension plans at December 31, 2020 and 2019 and target allocation for 2020 was as follows: Target Actual Allocation 2020 2019 Equity securities—U.S. 49 % 47 % 47 % Equity securities—International 9 % 10 % 10 % Debt securities 42 % 42 % 42 % Cash and cash equivalents — 1 % 1 % 100 % 100 % 100 % F AIR V ALUE M EASUREMENTS Our plan assets are primarily invested in commingled funds holding equity and debt securities, which are valued using the Net Asset Value, or NAV, provided by the administrator of the fund. The NAV is based on the value of the underlying assets owned by the fund, minus its liabilities, and then divided by the number of shares outstanding. Commingled funds are classified within Level 2 (as described in Note 10) of the fair value hierarchy because the NAV’s are not publicly available. Plan excess cash balances are invested in short term investment funds which include investments in cash, bank notes, corporate notes, government bills and various short-term debt instruments. These typically are commingled funds valued using one dollar for the NAV. These short term funds are also classified within Level 2 of the valuation hierarchy. The fair value of our plan assets by asset category consisted of the following at December 31: 2020 2019 (Dollars in thousands) Equity securities—U.S. $ 453,135 $ 414,260 Equity securities—International 94,919 86,822 Debt securities 397,529 362,020 Cash and cash equivalents 10,762 5,968 $ 956,345 $ 869,070 C ONCENTRATIONS OF C REDIT R ISK As of December 31, 2020, approximately 99 percent of our plan assets were under management by a single investment management company in six individual commingled equity and debt index funds. Of these six funds, four funds held assets individually in excess of ten percent of our total plan assets. E XPECTED C ONTRIBUTIONS Based on current legislation, there are no significant minimum required contributions to our pension benefit plans in 2021. 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 2021. However, this estimate may change based on regulatory changes and actual plan asset returns.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	I NCOME T AXES Income before income taxes was taxed in the following jurisdictions in each of the years ended December 31: 2020 2019 2018 (Dollars in thousands) Domestic $ 309,236 $ 194,822 $ 215,354 Foreign 97,842 57,314 77,947 Total $ 407,078 $ 252,136 $ 293,301 The components of the provision (benefit) for income taxes were as follows: 2020 2019 2018 (Dollars in thousands) Current: Federal $ 31,104 $ 41,949 $ 17,846 State 4,501 13,924 3,336 Foreign 38,632 23,308 24,385 Current income tax provision 74,237 79,181 45,567 Deferred: Federal 30,813 (11,521) 25,887 State 72 (5,013) 3,382 Foreign (6,766) (4,325) (5,529) Deferred income tax provision (benefit) 24,119 (20,859) 23,740 $ 98,356 $ 58,322 $ 69,307 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: 2020 2019 2018 (Dollars in thousands) Income taxes computed at the statutory $ 85,486 $ 52,949 $ 61,543 State income taxes, net of federal tax benefit 5,012 7,133 6,326 Tax liabilities (no longer required) required (5,110) (2,002) 1,908 Valuation allowance 1,323 1,699 240 Tax credit refunds, net (1,669) (3,493) (3,415) Foreign earnings taxed at other than 21% 12,197 3,741 7,851 Deferred tax rate changes (717) 92 (1,947) Other 1,834 (1,797) (3,199) $ 98,356 $ 58,322 $ 69,307 Effective tax rate 24.2 % 23.1 % 23.6 % 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: 2020 2019 (Dollars in thousands) Deferred tax assets: Pension and other postretirement liabilities $ 30,517 $ 22,632 Rationalization and other accrued liabilities 30,105 23,038 AMT and other credit carryforwards 2,885 3,802 Net operating loss carryforwards 49,882 34,792 Other intangible assets 2,464 5,251 Foreign currency translation 281 246 Inventory and related reserves 21,584 26,677 Long term operating lease liabilities 54,218 48,889 Other 7,135 5,265 Total deferred tax assets 199,071 170,592 Deferred tax liabilities: Property, plant and equipment (233,109) (195,039) Pension and other postretirement liabilities (24,316) (25,016) Other intangible assets (187,269) (112,680) Operating lease right of use assets (51,902) (46,709) Other (8,770) (6,258) Total deferred tax liabilities (505,366) (385,702) Valuation allowance (20,624) (15,025) $ (326,919) $ (230,135) At December 31, 2020, the net deferred tax liability in our Consolidated Balance Sheets was comprised of long-term deferred tax assets of $29.1 million and long-term deferred tax liabilities of $356.0 million. At December 31, 2019, the net deferred tax liability in our Consolidated Balance Sheets was comprised of long-term deferred tax assets of $24.7 million and long-term deferred tax liabilities of $254.8 million. Long-term deferred tax assets were classified as other assets, net in our Consolidated Balance Sheets. The valuation allowance in 2020 includes deferred tax assets of $20.6 million resulting from state and foreign net operating loss carryforwards, or NOLs. The valuation allowance for deferred tax assets increased in 2020 by $5.6 million primarily due to an increase in the valuation allowance related to foreign tax loss carryforwards. At December 31, 2020, we had foreign NOLs of approximately $43.2 million that are available to offset future taxable income. Of that amount, approximately $15.3 million will expire from 2022 to 2031. The remaining portion has no expiration date. At December 31, 2020, we had state tax NOLs of approximately $6.7 million that are available to offset future taxable income and that will expire from 2024 to 2039. We recognize accrued interest and penalties related to unrecognized taxes as additional income tax expense. At December 31, 2020 and 2019, we had $5.4 million and $5.0 million, respectively, accrued for potential interest and penalties. The total amount of unrecognized tax benefits recorded in other liabilities as of December 31, 2020 and 2019 were $36.4 million and $41.4 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, 2020 and 2019, we had approximately $17.5 million and $17.3 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: 2020 2019 (Dollars in thousands) Balance at January 1, $ 38,283 $ 43,508 Increase (decrease) based upon tax positions of current year 508 (488) Increase based upon tax positions of a prior year 487 604 Increase due to acquisitions 131 — Decrease based upon settlements with taxing authorities — (1,316) Decrease based upon a lapse in the statute of limitations (6,632) (4,025) Balance at December 31, $ 32,777 $ 38,283 The total amount of unrecognized tax benefits that would impact the effective tax rate, if recognized, at December 31, 2020 and 2019 were $20.1 million and $25.5 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 2019 tax year with no change to our filed tax return. We have been accepted into the Compliance Assurance Program for the 2020 tax year 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 2014. Our foreign subsidiaries are generally not subject to examination by tax authorities for periods before 2008, 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. In the next twelve months, it is reasonably possible that our reserve for unrecognized tax benefits will decrease by approximately $5.5 million primarily related to tax attributes acquired from and expenses related to certain acquisitions, as we anticipate the expiration of the applicable statute of limitations with respect to certain tax matters. As a result of the Tax Cuts and Jobs Act enacted in December 2017, or the 2017 Tax Act, we have changed our assertion of indefinite reinvestment of the earnings of certain of our foreign subsidiaries. In connection with this change, we are estimating that there is no deferred tax to record for any U.S. income tax and foreign taxes on previously unremitted earnings of such foreign subsidiaries. For our foreign subsidiaries where we expect to be indefinitely reinvested, we estimate that the unremitted earnings as of December 31, 2020 are approximately

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	S TOCK -B ASED C OMPENSATION The Silgan Holdings Inc. 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. 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 19,200,000 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, 2020, 3,856,476 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, 2020, 2019 and 2018 recorded in selling, general and administrative expenses was $18.8 million, $17.1 million and $14.9 million, respectively. R ESTRICTED S TOCK U NITS 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, 2020 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, 2020: Restricted Weighted Restricted stock units outstanding at December 31, 2019 1,974,575 $ 28.54 Granted 495,622 30.55 Released (582,151) 28.35 Forfeited (17,040) 29.60 Restricted stock units outstanding at December 31, 2020 1,871,006 29.12 The weighted average grant date fair value of restricted stock units granted during 2019 and 2018 was $28.51. The fair value of restricted stock units released during the years ended December 31, 2020, 2019 and 2018 was $16.8 million, $37.2 million and $9.7 million, respectively. As of December 31, 2020, there was approximately $34.6 million of total unrecognized compensation expense related to restricted stock units. This cost is expected to be recognized over a weighted average period of 2.4 years.

Capital Stock

Capital Stock	12 Months Ended
	Dec. 31, 2020
Stockholders' Equity Note [Abstract]
CAPITAL STOCK	C APITAL S TOCK C APITAL S TOCK At December 31, 2020, 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. T REASURY S TOCK On October 17, 2016, 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, 2021. Pursuant to this authorization, we repurchased an aggregate of 1,088,263 shares of our common stock in 2020 at an average price per share of $32.96, for a total purchase price of $35.9 million. In 2019, we repurchased a total of 407,540 shares of our common stock at an average price per share of $29.70, for a total purchase price of $12.1 million. In 2018, we repurchased a total of 188,300 shares of our common stock at an average price per share of $25.31, for a total purchase price of $4.8 million. Accordingly, at December 31, 2020, we had approximately $76.6 million remaining for the repurchase of our common stock under the October 17, 2016 Board of Directors authorization. In 2020, 2019 and 2018, we issued 582,151 treasury shares, 1,301,777 treasury shares and 339,972 treasury shares, respectively, at an average cost of $3.16 per share, $2.86 per share and $3.12 per share, respectively, for restricted stock units that vested during these years. In 2020, 2019 and 2018, we repurchased 217,325 shares, 543,369 shares and 107,420 shares of our common stock, respectively, at an average cost of $28.63 per share, $28.51 per share and $28.46 per share, respectively, in accordance with the Plan 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, 2020, 65,055,469 shares of our common stock were held in treasury.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2020
Earnings Per Share [Abstract]
EARNINGS PER SHARE	E ARNINGS P ER S HARE The components of the calculation of earnings per share were as follows: 2020 2019 2018 (Dollars and shares in thousands) Net income $ 308,722 $ 193,814 $ 223,994 Weighted average number of shares used in: Basic earnings per share 110,768 110,939 110,603 Dilutive common stock equivalents: Restricted stock units 625 569 1,029 Diluted earnings per share 111,393 111,508 111,632

Business Segment Information

Business Segment Information	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
BUSINESS SEGMENT INFORMATION	B USINESS S EGMENT I NFORMATION We are engaged in the packaging industry and report our results in three business segments, which are our reportable segments: metal containers, closures and plastic containers. The metal containers segment manufactures steel and aluminum containers for human and pet food and general line products. The closures segment manufactures an extensive range of dispensing systems and metal and plastic closures for food, beverage, health care, garden, home, personal care and beauty products. The plastic containers segment manufactures custom designed plastic containers for personal care, food, health care, pharmaceutical, household and industrial chemical, pet food and care, agricultural, automotive and marine chemical products. These segments are strategic business operations that are managed separately to maximize the production, technology and marketing of their packaging product. Our metal container business operates primarily in North America and Europe. Our closures business operates in North and South America, Europe and Asia. Our plastic container business operates primarily in North America. The accounting policies of the business segments are the same as those described in Note 1. Information for each of the past three years for our business segments is as follows: Metal Closures Plastic Corporate Total (Dollars in thousands) 2020 Net sales $ 2,557,980 $ 1,712,433 $ 651,530 $ — $ 4,921,943 Depreciation and amortization 82,404 99,062 37,473 159 219,098 Rationalization charges 9,905 5,759 367 — 16,031 Segment income (1) 246,628 224,374 87,810 (46,426) 512,386 Segment assets 1,973,933 3,617,969 814,303 35,214 6,441,419 Capital expenditures 80,701 91,291 52,151 34 224,177 2019 Net sales $ 2,473,214 $ 1,405,611 $ 611,102 $ — $ 4,489,927 Depreciation and amortization 86,114 83,133 37,077 159 206,483 Rationalization charges 49,425 6,562 364 — 56,351 Segment income (1) 159,980 173,485 48,915 (22,894) 359,486 Segment assets 1,853,875 2,263,131 722,848 35,474 4,875,328 Capital expenditures 102,832 95,153 32,928 31 230,944 2018 Net sales $ 2,377,980 $ 1,456,799 $ 614,096 $ — $ 4,448,875 Depreciation and amortization 81,420 74,217 35,949 151 191,737 Rationalization charges 5,316 180 757 — 6,253 Segment income 198,826 189,906 42,562 (19,194) 412,100 Segment assets 1,601,944 2,169,985 722,205 33,791 4,527,925 Capital expenditures 84,490 62,183 44,242 58 190,973 ______________________ (1) Corporate includes costs attributed to announced acquisitions of $19.3 million and $1.8 million in 2020 and 2019, respectively. Total segment income is reconciled to income before income taxes as follows: 2020 2019 2018 (Dollars in thousands) Total segment income $ 512,386 $ 359,486 $ 412,100 Interest and other debt expense 105,308 107,350 118,799 Income before income taxes $ 407,078 $ 252,136 $ 293,301 Total segment assets at December 31 are reconciled to total assets as follows: 2020 2019 (Dollars in thousands) Total segment assets $ 6,441,419 $ 4,875,328 Other assets 70,167 55,731 Total assets $ 6,511,586 $ 4,931,059 Financial information relating to our operations by geographic area is as follows: 2020 2019 2018 (Dollars in thousands) Net sales: United States $ 3,650,953 $ 3,418,848 $ 3,333,668 Foreign: Europe 953,695 818,032 858,255 Other 317,295 253,047 256,952 Total net sales from foreign operations 1,270,990 1,071,079 1,115,207 Total net sales $ 4,921,943 $ 4,489,927 $ 4,448,875 Long-lived assets: United States $ 1,121,596 $ 1,028,965 Foreign: Europe 551,365 419,195 Other 167,797 122,171 Total long-lived assets at foreign operations 719,162 541,366 Total long-lived assets $ 1,840,758 $ 1,570,331 Net sales are attributed to the country from which the product was manufactured and shipped. Sales of our metal containers segment to Nestlé Food Company accounted for 10.5 percent, 11.1 percent and 10.4 percent of our consolidated net sales in 2020, 2019 and 2018, respectively. Sales and income from operations of our metal container business and part of our closures business 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 income from operations during that quarter.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	S UBSEQUENT E VENTS A MENDMENT TO C REDIT A GREEMENT On February 1, 2021, we and certain of our subsidiaries entered into a Second Amendment to Amended and Restated Credit Agreement, or the Second Amendment, with certain lenders party thereto and Wells Fargo Bank, National Association, as administrative agent under the Credit Agreement. The Second Amendment amends the Credit Agreement to provide us with additional flexibility to issue new senior secured notes with related guarantees from our U.S. subsidiaries, which new senior secured notes and related guarantees may be secured on a pari passu basis with the U.S. Obligations by the U.S. Collateral (each as defined in the Second Amendment). The Second Amendment also makes minor technical changes and allows for certain additional internal corporate reorganizations. S ENIOR S ECURED N OTES O FFERING On February 10, 2021, we issued $500.0 million aggregate principal amount of the 1.4% Notes at 99.945 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 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 foreign 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, which equity interests are the same equity interests 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 equally in right of payment with all of our and the subsidiary guarantors’ existing and future senior indebtedness, including under the Credit Agreement and the 4¾% Notes, the 3¼% Notes, the 4⅛% Notes and the 2¼% Notes; be 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 equally 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 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 be 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 now guaranteed, on a senior unsecured basis the 4¾% Notes, the 3¼% Notes, the 4⅛% Notes and the 2¼% Notes pursuant to supplemental indentures to the indenture for the 4¾% Notes and the 3¼% Notes, the indenture for the 4⅛% Notes and the indenture for the 2¼% 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 will be payable semi-annually in cash on April 1 and October 1 of each year, beginning on October 1, 2021. The 1.4% Notes were issued pursuant to an indenture by and among Silgan ,certain of our U.S. subsidiaries and Wells Fargo Bank, National Association, 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 indenture for the 4¾% Notes and the 3¼% Notes, the indenture for the 4⅛% Notes and the indenture for the 2¼% 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. The gross proceeds from the sale of the 1.4% Notes were $500.0 million. We used the gross proceeds from the sale of the 1.4% Notes to prepay $500.0 million of our outstanding term loans under the Credit Agreement. We paid the initial purchasers' discount and offering expenses related to the sale of the 1.4% Notes with cash on hand.

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2020
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, 2020, 2019 and 2018 (Dollars in thousands) Additions Other Changes Description Balance at Charged to Charged to other accounts (1) Cumulative Other (2) Balance For the year ended December 31, 2020: Allowance for doubtful accounts $ 5,485 $ 1,043 $ 906 $ 457 $ (1,088) $ 6,803 For the year ended December 31, 2019: Allowance for doubtful accounts $ 5,095 $ 1,609 $ — $ (56) $ (1,163) $ 5,485 For the year ended December 31, 2018: Allowance for doubtful accounts $ 5,339 $ 1,103 $ — $ (208) $ (1,139) $ 5,095 ______________________ (1) As discussed in Note 1, in January 2020 we adopted amended guidance for the accounting for credit losses on financial instruments which resulted in an increase of $0.9 million to our allowance for doubtful accounts. (2) Uncollectible accounts written off, net of recoveries.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Nature of Business	Nature of Business . Silgan Holdings Inc., or Silgan, and its subsidiaries conduct business in three market segments: metal containers, closures and plastic containers. Our metal container business is engaged in the manufacture and sale of steel and aluminum containers for human and pet food and general line products. Our closures business manufactures and sells dispensing systems and metal and plastic closures for food, beverage, health care, garden, home, personal care, and beauty products. Our plastic container business manufactures and sells custom designed plastic containers for personal care, food, health care, pharmaceutical, household and industrial chemical, pet food and care, agricultural, automotive and marine chemical products. Our metal container business has operating facilities in North America, Europe and Asia. Our closures business has operating facilities in North and South America, Europe and Asia. Our plastic container business is based 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 domestic inventories for our metal container business and certain portions of our closures business is principally determined on the last-in, first-out basis, or LIFO. Cost for inventories for our plastic container business and certain portions of our closures business is principally determined on the first-in, first-out basis, or FIFO. Cost for foreign inventories for our metal container business and certain portions of our closures business 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 and other indefinite-lived intangible assets for impairment as of July 1 of each year and more frequently if circumstances indicate a possible impairment. We determined that goodwill and other indefinite-lived intangible assets were 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-
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 do not engage in trading or other speculative uses of these 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 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. We generally do not utilize external derivative financial instruments to manage our foreign currency exchange rate risk.
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.
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 have 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 stock options and 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.
Recently Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements . In May 2014, the Financial Accounting Standards Board, or FASB, issued an accounting standards update, or ASU, that amends the guidance for revenue recognition. This amendment contains principles that require an entity to recognize revenue to depict the transfer of promised goods and services to customers at an amount that an entity expects to be entitled to in exchange for those promised goods or services. We adopted this amendment on January 1, 2018, using the modified retrospective method for all contracts for which performance was not completed as of January 1, 2018. The adoption of this amendment required us to accelerate the recognition of revenue prior to shipment to certain customers 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. As a result of the adoption of this amendment, we increased retained earnings by $9.1 million as of January 1, 2018. The adoption of this amendment did not have a material impact on our financial position, results of operations or cash flows. See Note 2 for further information. In February 2016, the FASB issued an ASU that amends existing guidance for certain leases by lessees. This amendment required us to recognize assets and liabilities on the balance sheet for the rights and obligations created by long-term leases and to disclose additional quantitative and qualitative information about leasing arrangements. We adopted this amendment on January 1, 2019, using the transition method which allowed us to recognize the effects of applying this amendment as a cumulative effect to retained earnings as of January 1, 2019. We elected certain practical expedients permitted under the transition guidance for this amendment, which did not require us to reassess whether other contracts contain leases and allowed us to carryforward our lease classifications determined under the previous guidance. In addition, we elected to retain our previously determined assumptions concerning options to extend or terminate our leases. As a result of the adoption of this amendment, we reduced retained earnings by $0.6 million as of January 1, 2019. The adoption of this amendment did not have a material impact on our results of operations or cash flows. See Note 11 for further information. In June 2016, the FASB issued an ASU that amends the guidance on the accounting for credit losses on financial instruments. This new standard introduces an approach, based on expected losses, to estimate credit losses on certain types of financial instruments. The new approach to estimating credit losses (referred to as the current expected credit losses model) applies to most financial assets measured at amortized cost and certain other instruments, including trade and other receivables. We adopted this new standard on January 1, 2020, using the transition method which allowed us to recognize the effects of applying this standard as a cumulative effect to retained earnings as of January 1, 2020. As a result of the adoption of this standard, we reduced retained earnings by $0.7 million as of January 1, 2020. The adoption of this standard did not have a material impact on our financial position, results of operations or cash flows.

REVENUE (Tables)

REVENUE (Tables)	12 Months Ended
	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	Revenues by business segment were as follows: 2020 2019 2018 (Dollars in thousands) Metal containers $ 2,557,980 $ 2,473,214 $ 2,377,980 Closures 1,712,433 1,405,611 1,456,799 Plastic containers 651,530 611,102 614,096 $ 4,921,943 $ 4,489,927 $ 4,448,875 Revenues by geography were as follows: 2020 2019 2018 (Dollars in thousands) North America $ 3,767,523 $ 3,593,961 $ 3,516,045 Europe and other 1,154,420 895,966 932,830 $ 4,921,943 $ 4,489,927 $ 4,448,875

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The allocated fair value of assets acquired and liabilities assumed are summarized as follows (in thousands): Trade accounts receivable $ 42,742 Inventories 41,102 Property, plant and equipment 189,549 Other intangible assets 283,000 Other assets 33,502 Trade accounts payable and accrued liabilities (62,930) Deferred income tax liabilities (91,482) Debt and other liabilities (31,420) Total identifiable net assets 404,063 Goodwill 496,984 Cash paid at closing, net of cash acquired $ 901,047

RATIONALIZATION CHARGES (Tables

RATIONALIZATION CHARGES (Tables)	12 Months Ended
	Dec. 31, 2020
Restructuring and Related Activities [Abstract]
Rationalization Charges by Business Segment	Rationalization charges by business segment for each of the years ended December 31 were as follows: 2020 2019 2018 (Dollars in thousands) Metal containers $ 9,905 $ 49,425 $ 5,316 Closures 5,759 6,562 180 Plastic containers 367 364 757 $ 16,031 $ 56,351 $ 6,253
Activity in Rationalization Plan Reserves	Activity in reserves for our rationalization plans was as follows: Employee Plant Non-Cash Total (Dollars in thousands) Balance as of January 1, 2018 $ 22 $ 2,397 $ — $ 2,419 Charged to expense 898 534 4,821 6,253 Utilized and currency translation (790) (1,449) (4,821) (7,060) Balance at December 31, 2018 130 1,482 — 1,612 Charged to expense 49,496 1,336 5,519 56,351 Utilized and currency translation (6,811) (1,920) (5,519) (14,250) Balance at December 31, 2019 42,815 898 — 43,713 Charged to expense 8,525 2,296 5,210 16,031 Utilized and currency translation (10,335) (2,639) (5,210) (18,184) Balance at December 31, 2020 $ 41,005 $ 555 $ — $ 41,560

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Amounts Included in Accumulated Other Comprehensive Income (Loss), Net of Tax	Amounts included in accumulated other comprehensive loss, net of tax, were as follows: Unrecognized Net Change in Fair Foreign Total (Dollars in thousands) Balance at January 1, 2018 $ (104,822) $ (89) $ (84,062) $ (188,973) Other comprehensive loss before (53,797) (766) (33,679) (88,242) Amounts reclassified from accumulated other comprehensive loss 4,153 (153) 4,407 8,407 Other comprehensive loss (49,644) (919) (29,272) (79,835) Balance at December 31, 2018 (154,466) (1,008) (113,334) (268,808) Other comprehensive loss before reclassifications 4,895 (2,723) (4,124) (1,952) Amounts reclassified from accumulated other comprehensive loss 10,469 549 — 11,018 Other comprehensive income 15,364 (2,174) (4,124) 9,066 Balance at December 31, 2019 (139,102) (3,182) (117,458) (259,742) Other comprehensive loss before reclassifications (36,660) (3,493) 29,765 (10,388) Amounts reclassified from accumulated other comprehensive loss 7,158 2,019 — 9,177 Other comprehensive loss (29,502) (1,474) 29,765 (1,211) Balance at December 31, 2020 $ (168,604) $ (4,656) $ (87,693) $ (260,953)

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2020
Inventory Disclosure [Abstract]
Inventories	The components of inventories at December 31 were as follows: 2020 2019 (Dollars in thousands) Raw materials $ 270,066 $ 286,953 Work-in-process 167,100 134,417 Finished goods 335,346 355,337 Other 14,610 12,793 787,122 789,500 Adjustment to value inventory at cost on the LIFO method (109,588) (156,495) $ 677,534 $ 633,005

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, Net	Property, plant and equipment, net at December 31 was as follows: 2020 2019 (Dollars in thousands) Land $ 89,304 $ 77,233 Buildings and improvements 559,773 493,035 Machinery and equipment 3,337,536 3,009,591 Construction in progress 199,635 167,635 4,186,248 3,747,494 Accumulated depreciation (2,345,490) (2,177,163) $ 1,840,758 $ 1,570,331

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS, NET (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill	Changes in the carrying amount of goodwill were as follows: Metal Closures Plastic Total (Dollars in thousands) Balance at December 31, 2018 $ 114,462 $ 807,626 $ 226,214 $ 1,148,302 Currency translation (999) (5,850) 770 (6,079) Balance at December 31, 2019 113,463 801,776 226,984 1,142,223 Acquisitions — 515,595 — 515,595 Currency translation 4,475 78,820 383 83,678 Balance at December 31, 2020 $ 117,938 $ 1,396,191 $ 227,367 $ 1,741,496
Components of Other Intangible Assets	The components of other intangible assets, net at December 31 were as follows: 2020 2019 Gross Accumulated Gross Accumulated (Dollars in thousands) Definite-lived intangibles: Customer relationships $ 711,065 $ (147,014) $ 422,042 $ (116,575) Other 72,689 (31,672) 39,447 (22,439) 783,754 (178,686) 461,489 (139,014) Indefinite-lived intangibles: Trade names 32,140 — 32,140 — $ 815,894 $ (178,686) $ 493,629 $ (139,014)

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Long-term Debt	Long-term debt at December 31 was as follows: 2020 2019 (Dollars in thousands) Bank debt: Bank revolving loans $ — $ — U.S. term loans 900,000 760,000 Canadian term loans — 4,703 Other foreign bank revolving and term loans 30,407 31,127 Total bank debt 930,407 795,830 4¾% Senior Notes 300,000 300,000 3¼% Senior Notes 795,307 729,755 4⅛% Senior Notes 600,000 400,000 2¼% Senior Notes 611,775 — Finance leases 34,480 33,288 Total debt - principal 3,271,969 2,258,873 Less unamortized debt issuance costs and debt discount 20,716 14,452 Total debt 3,251,253 2,244,421 Less current portion 28,036 29,813 $ 3,223,217 $ 2,214,608
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): 2021 $ 26,116 2022 743 2023 654 2024 400,620 2025 1,095,927 Thereafter 1,713,429 $ 3,237,489

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2020
Fair Value Disclosures [Abstract]
Summary 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: 2020 2019 Carrying Fair Carrying Fair (Dollars in thousands) Assets: Cash and cash equivalents $ 409,481 $ 409,481 $ 203,824 $ 203,824 Liabilities: Bank debt $ 930,407 $ 930,407 $ 795,830 $ 795,830 4¾% Notes 300,000 304,890 300,000 308,217 3¼% Notes 795,307 806,283 729,755 748,349 4⅛% Notes 599,089 623,280 400,000 401,848 2¼% Notes 611,775 622,481 — —

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2020
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): Operating Finance Leases Leases 2021 $ 51,697 $ 3,459 2022 45,379 3,199 2023 38,495 3,154 2024 31,168 27,051 2025 26,427 297 Thereafter 66,237 2,901 Total lease payments 259,403 40,061 Less imputed interest (44,256) (5,581) Total $ 215,147 $ 34,480
Schedule of Aggregate Annual Maturities of Finance Lease Liabilities	The aggregate annual maturities of lease liabilities are as follows (dollars in thousands): Operating Finance Leases Leases 2021 $ 51,697 $ 3,459 2022 45,379 3,199 2023 38,495 3,154 2024 31,168 27,051 2025 26,427 297 Thereafter 66,237 2,901 Total lease payments 259,403 40,061 Less imputed interest (44,256) (5,581) Total $ 215,147 $ 34,480

RETIREMENT BENEFITS (Tables)

RETIREMENT BENEFITS (Tables)	12 Months Ended
	Dec. 31, 2020
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 Benefits Other 2020 2019 2020 2019 (Dollars in thousands) Change in benefit obligation Obligation at beginning of year $ 855,509 $ 751,625 $ 21,718 $ 19,186 Service cost 13,638 12,505 88 80 Interest cost 23,074 28,316 566 759 Actuarial losses 100,839 103,918 1,440 3,477 Acquisition 8,930 — — — Plan amendments — 528 — — Benefits paid (41,332) (39,508) (1,765) (1,888) Participants’ contributions — — 105 104 Foreign currency exchange rate changes 10,757 (1,875) — — Obligation at end of year 971,415 855,509 22,152 21,718 Change in plan assets Fair value of plan assets at beginning of year 869,070 732,502 — — Actual return on plan assets 126,249 174,014 — — Employer contributions 2,358 2,062 1,660 1,784 Participants’ contributions — — 105 104 Benefits paid (41,332) (39,508) (1,765) (1,888) Fair value of plan assets at end of year 956,345 869,070 — — Funded status $ (15,070) $ 13,561 $ (22,152) $ (21,718) Pension Benefits Other 2020 2019 2020 2019 (Dollars in thousands) Amounts recognized in the consolidated balance sheets Non-current assets $ 125,740 $ 122,552 $ — $ — Current liabilities (2,674) (2,225) (1,665) (1,794) Non-current liabilities (138,136) (106,766) (20,487) (19,924) Net amount recognized $ (15,070) $ 13,561 $ (22,152) $ (21,718) Amounts recognized in accumulated other comprehensive loss (income) Net actuarial loss (gain) $ 230,058 $ 193,061 $ (1,344) $ (3,123) Prior service cost (credit) 974 1,179 (4,467) (6,405) Net amount recognized $ 231,032 $ 194,240 $ (5,811) $ (9,528)
Benefits Expected to be Paid from Pension and Other Postretirement Benefit Plans, Which Reflect Future Years of Services and Medicare Subsidy Expected to be Received	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 Other 2021 $ 43,591 $ 1,665 2022 44,786 1,515 2023 45,998 1,464 2024 46,887 1,422 2025 48,032 1,351 2026-2030 247,776 6,284 $ 477,070 $ 13,701
Components of Net Periodic Benefit Cost	The components of the net periodic benefit credit for each of the years ended December 31 were as follows: Pension Benefits Other Postretirement Benefits 2020 2019 2018 2020 2019 2018 (Dollars in thousands) Service cost $ 13,638 $ 12,505 $ 14,238 $ 88 $ 80 $ 99 Interest cost 23,074 28,316 25,316 566 759 640 Expected return on plan assets (72,122) (60,567) (68,575) — — — Amortization of prior service cost (credit) 205 115 173 (1,937) (2,330) (1,392) Amortization of actuarial losses (gains) 11,859 16,399 7,378 (339) (488) (506) Net periodic benefit credit $ (23,346) $ (3,232) $ (21,470) $ (1,622) $ (1,979) $ (1,159)
Multiemployer Pension Plans	Further information on these multiemployer plans for the years ended December 31, 2020, 2019 and 2018 is as follows: Pension Fund EIN/Pension Plan Pension FIP / RP Contributions Surcharge 2020 2019 2020 2019 2018 (Dollars in thousands) Central States, Southeast & Southwest Areas Pension Fund (1) 36-6044243/001 Red (2) Red (2) Implemented $ — $ 1,166 $ 1,797 No United Food & Commercial Workers — Local 1 Pension Fund (3) 16-6144007/001 Red (2) Red (2) Implemented 240 245 237 No IAM National Pension Fund (4) 51-6031295/002 Red Red Implemented 2,746 2,667 2,587 No All Other 775 707 671 Total Contributions $ 3,761 $ 4,785 $ 5,292 ______________________ (1) In 2019, we withdrew completely from this pension fund. See Note 4 for further information. (2) Under the Multiemployer Pension Reform Act of 2014, the status of this pension fund was critical and declining, as defined under such Act. (3) The collective bargaining agreement related to this pension fund expires on January 14, 2024. A single company that was making over 80 percent of the contributions for this pension fund filed for Chapter 11 bankruptcy during 2018 and withdrew from this pension fund without paying its withdrawal liability. For 2019 and 2018, the fund actuary for this pension fund projected insolvency for this pension fund in 2026 and 2025, respectively. (4) The applicable collective bargaining agreements related to this pension fund expire at various times through February 28, 2023. Although this pension fund was formally certified in the yellow zone in 2019, the trustees of this pension plan elected voluntarily to place this pension plan in the red zone to take advantage of certain provisions of the Pension Protection Act even though this pension plan had a funded status of 89 percent at the end of 2018 and a funded status of 87 percent at the end of 2019.
Weighted Average Asset Allocation for Pension Plans and Target Allocation	The weighted average asset allocation for our pension plans at December 31, 2020 and 2019 and target allocation for 2020 was as follows: Target Actual Allocation 2020 2019 Equity securities—U.S. 49 % 47 % 47 % Equity securities—International 9 % 10 % 10 % Debt securities 42 % 42 % 42 % Cash and cash equivalents — 1 % 1 % 100 % 100 % 100 %
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: 2020 2019 (Dollars in thousands) Equity securities—U.S. $ 453,135 $ 414,260 Equity securities—International 94,919 86,822 Debt securities 397,529 362,020 Cash and cash equivalents 10,762 5,968 $ 956,345 $ 869,070
Benefit Obligation
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: 2020 2019 Discount rate 2.5 % 3.4 % Expected return on plan assets 8.5 % 8.5 % Rate of compensation increase 2.5 % 2.5 % Health care cost trend rate: Assumed for next year 6.2 % 6.3 % Ultimate rate 4.2 % 4.3 % Year that the ultimate rate is reached 2036 2035
Benefit Costs
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 credit for the years ended December 31: 2020 2019 2018 Discount rate 3.4 % 4.5 % 3.8 % Expected return on plan assets 8.5 % 8.5 % 8.5 % Rate of compensation increase 2.5 % 2.6 % 2.6 % Health care cost trend rate 6.3 % 6.4 % 6.2 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Before Income Taxes	Income before income taxes was taxed in the following jurisdictions in each of the years ended December 31: 2020 2019 2018 (Dollars in thousands) Domestic $ 309,236 $ 194,822 $ 215,354 Foreign 97,842 57,314 77,947 Total $ 407,078 $ 252,136 $ 293,301
Components of Provision for Income Taxes	The components of the provision (benefit) for income taxes were as follows: 2020 2019 2018 (Dollars in thousands) Current: Federal $ 31,104 $ 41,949 $ 17,846 State 4,501 13,924 3,336 Foreign 38,632 23,308 24,385 Current income tax provision 74,237 79,181 45,567 Deferred: Federal 30,813 (11,521) 25,887 State 72 (5,013) 3,382 Foreign (6,766) (4,325) (5,529) Deferred income tax provision (benefit) 24,119 (20,859) 23,740 $ 98,356 $ 58,322 $ 69,307
Variation of Provision for Income Taxes from Statutory U.S. Federal Income Tax Rate	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: 2020 2019 2018 (Dollars in thousands) Income taxes computed at the statutory $ 85,486 $ 52,949 $ 61,543 State income taxes, net of federal tax benefit 5,012 7,133 6,326 Tax liabilities (no longer required) required (5,110) (2,002) 1,908 Valuation allowance 1,323 1,699 240 Tax credit refunds, net (1,669) (3,493) (3,415) Foreign earnings taxed at other than 21% 12,197 3,741 7,851 Deferred tax rate changes (717) 92 (1,947) Other 1,834 (1,797) (3,199) $ 98,356 $ 58,322 $ 69,307 Effective tax rate 24.2 % 23.1 % 23.6 %
Significant Components of Deferred Tax Assets and Liabilities	Significant components of our deferred tax assets and liabilities at December 31 were as follows: 2020 2019 (Dollars in thousands) Deferred tax assets: Pension and other postretirement liabilities $ 30,517 $ 22,632 Rationalization and other accrued liabilities 30,105 23,038 AMT and other credit carryforwards 2,885 3,802 Net operating loss carryforwards 49,882 34,792 Other intangible assets 2,464 5,251 Foreign currency translation 281 246 Inventory and related reserves 21,584 26,677 Long term operating lease liabilities 54,218 48,889 Other 7,135 5,265 Total deferred tax assets 199,071 170,592 Deferred tax liabilities: Property, plant and equipment (233,109) (195,039) Pension and other postretirement liabilities (24,316) (25,016) Other intangible assets (187,269) (112,680) Operating lease right of use assets (51,902) (46,709) Other (8,770) (6,258) Total deferred tax liabilities (505,366) (385,702) Valuation allowance (20,624) (15,025) $ (326,919) $ (230,135)
Reconciliation Of Beginning And Ending Unrecognized Tax Benefits Table	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: 2020 2019 (Dollars in thousands) Balance at January 1, $ 38,283 $ 43,508 Increase (decrease) based upon tax positions of current year 508 (488) Increase based upon tax positions of a prior year 487 604 Increase due to acquisitions 131 — Decrease based upon settlements with taxing authorities — (1,316) Decrease based upon a lapse in the statute of limitations (6,632) (4,025) Balance at December 31, $ 32,777 $ 38,283

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Summary of Restricted Stock Unit Activity	The table below summarizes restricted stock unit activity for the year ended December 31, 2020: Restricted Weighted Restricted stock units outstanding at December 31, 2019 1,974,575 $ 28.54 Granted 495,622 30.55 Released (582,151) 28.35 Forfeited (17,040) 29.60 Restricted stock units outstanding at December 31, 2020 1,871,006 29.12

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2020
Earnings Per Share [Abstract]
Components of Calculation of Earnings Per Share	The components of the calculation of earnings per share were as follows: 2020 2019 2018 (Dollars and shares in thousands) Net income $ 308,722 $ 193,814 $ 223,994 Weighted average number of shares used in: Basic earnings per share 110,768 110,939 110,603 Dilutive common stock equivalents: Restricted stock units 625 569 1,029 Diluted earnings per share 111,393 111,508 111,632

BUSINESS SEGMENT INFORMATION (T

BUSINESS SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
Reportable Business Segment Information	Information for each of the past three years for our business segments is as follows: Metal Closures Plastic Corporate Total (Dollars in thousands) 2020 Net sales $ 2,557,980 $ 1,712,433 $ 651,530 $ — $ 4,921,943 Depreciation and amortization 82,404 99,062 37,473 159 219,098 Rationalization charges 9,905 5,759 367 — 16,031 Segment income (1) 246,628 224,374 87,810 (46,426) 512,386 Segment assets 1,973,933 3,617,969 814,303 35,214 6,441,419 Capital expenditures 80,701 91,291 52,151 34 224,177 2019 Net sales $ 2,473,214 $ 1,405,611 $ 611,102 $ — $ 4,489,927 Depreciation and amortization 86,114 83,133 37,077 159 206,483 Rationalization charges 49,425 6,562 364 — 56,351 Segment income (1) 159,980 173,485 48,915 (22,894) 359,486 Segment assets 1,853,875 2,263,131 722,848 35,474 4,875,328 Capital expenditures 102,832 95,153 32,928 31 230,944 2018 Net sales $ 2,377,980 $ 1,456,799 $ 614,096 $ — $ 4,448,875 Depreciation and amortization 81,420 74,217 35,949 151 191,737 Rationalization charges 5,316 180 757 — 6,253 Segment income 198,826 189,906 42,562 (19,194) 412,100 Segment assets 1,601,944 2,169,985 722,205 33,791 4,527,925 Capital expenditures 84,490 62,183 44,242 58 190,973 ______________________ (1) Corporate includes costs attributed to announced acquisitions of $19.3 million and $1.8 million in 2020 and 2019, respectively.
Reconciliation of Income Before Income Taxes from Segment Income from Operations	Total segment income is reconciled to income before income taxes as follows: 2020 2019 2018 (Dollars in thousands) Total segment income $ 512,386 $ 359,486 $ 412,100 Interest and other debt expense 105,308 107,350 118,799 Income before income taxes $ 407,078 $ 252,136 $ 293,301
Reconciliation of Total Segment Assets to Total Assets	Total segment assets at December 31 are reconciled to total assets as follows: 2020 2019 (Dollars in thousands) Total segment assets $ 6,441,419 $ 4,875,328 Other assets 70,167 55,731 Total assets $ 6,511,586 $ 4,931,059
Financial Information Relating to Operations by Geographic Area	Financial information relating to our operations by geographic area is as follows: 2020 2019 2018 (Dollars in thousands) Net sales: United States $ 3,650,953 $ 3,418,848 $ 3,333,668 Foreign: Europe 953,695 818,032 858,255 Other 317,295 253,047 256,952 Total net sales from foreign operations 1,270,990 1,071,079 1,115,207 Total net sales $ 4,921,943 $ 4,489,927 $ 4,448,875 Long-lived assets: United States $ 1,121,596 $ 1,028,965 Foreign: Europe 551,365 419,195 Other 167,797 122,171 Total long-lived assets at foreign operations 719,162 541,366 Total long-lived assets $ 1,840,758 $ 1,570,331

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)planshares	Jan. 01, 2020USD ($)	Dec. 31, 2019USD ($)	Jan. 01, 2019USD ($)	Jan. 01, 2018USD ($)
Summary Of Significant Accounting Policies [Line Items]
Number of stock-based compensation plans | plan	1
Increase (decrease) in retained earnings	$ 2,395,395		$ 2,141,302
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	8 years
Restricted stock units
Summary Of Significant Accounting Policies [Line Items]
Number of common shares issuable per restricted stock unit (in shares) | shares	1
Accounting Standards Update 2014-09 | Cumulative Effect, Period of Adoption, Adjustment
Summary Of Significant Accounting Policies [Line Items]
Increase (decrease) in retained earnings					$ 9,100
Accounting Standards Update 2016-02 | Cumulative Effect, Period of Adoption, Adjustment
Summary Of Significant Accounting Policies [Line Items]
Increase (decrease) in retained earnings				$ (600)
Accounting Standards Update 2016-13 | Cumulative Effect, Period of Adoption, Adjustment
Summary Of Significant Accounting Policies [Line Items]
Increase (decrease) in retained earnings		$ (700)

REVENUE (Details)

REVENUE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Revenues	$ 4,921,943	$ 4,489,927	$ 4,448,875
Metal Containers
Revenues	2,557,980	2,473,214	2,377,980
Closures
Revenues	1,712,433	1,405,611	1,456,799
Plastic Containers
Revenues	651,530	611,102	614,096
North America
Revenues	3,767,523	3,593,961	3,516,045
Europe and Other
Revenues	1,154,420	895,966	$ 932,830
Transferred over Time | Unbilled Revenues
Contract assets, primarily unbilled accounts receivable related to over time revenue recognition	$ 83,000	$ 71,100

ACQUISITIONS - Narrative (Detai

ACQUISITIONS - Narrative (Details) - USD ($) $ in Thousands	Jun. 01, 2020	Feb. 04, 2020	Dec. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Payments to acquire businesses, net of cash acquired				$ 940,875	$ 0	$ 0
Goodwill			$ 1,741,496	1,741,496	1,142,223	$ 1,148,302
Cobra Plastics, Inc. Business Acquisition
Business Acquisition [Line Items]
Payments to acquire businesses, net of cash acquired		$ 39,800
Goodwill		18,600
Cobra Plastics, Inc. Business Acquisition | Customer Relationships
Business Acquisition [Line Items]
Customer relationship intangible asset		$ 11,500
Albea Dispensing Business, Business Acquisition
Business Acquisition [Line Items]
Payments to acquire businesses, net of cash acquired	$ 901,000
Goodwill	496,984
Customer relationship intangible asset	283,000
Costs related to acquisitions				$ 19,300	$ 1,800
Inventory write-up adjustment before income taxes included in net income	$ 3,500
Net sale from acquiree			$ 192,600
Albea Dispensing Business, Business Acquisition | Maximum
Business Acquisition [Line Items]
Property, plant and equipment, estimated useful life	35 years
Albea Dispensing Business, Business Acquisition | Customer Relationships
Business Acquisition [Line Items]
Customer relationship intangible asset	$ 255,000
Estimated remaining life	24 years
Albea Dispensing Business, Business Acquisition | Technology-Based Intangible Assets
Business Acquisition [Line Items]
Customer relationship intangible asset	$ 28,000
Estimated remaining life	8 years

ACQUISITIONS - Schedule of Reco

ACQUISITIONS - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Jun. 01, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Goodwill	$ 1,741,496		$ 1,142,223	$ 1,148,302
Albea Dispensing Business, Business Acquisition
Business Acquisition [Line Items]
Trade accounts receivable		$ 42,742
Inventories		41,102
Property, plant and equipment		189,549
Other intangible assets		283,000
Other assets		33,502
Trade accounts payable and accrued liabilities		(62,930)
Deferred income tax liabilities		(91,482)
Debt and other liabilities		(31,420)
Total identifiable net assets		404,063
Goodwill		496,984
Cash paid at closing, net of cash acquired		$ 901,047

RATIONALIZATION CHARGES - Ratio

RATIONALIZATION CHARGES - Rationalization Charge by Business Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Restructuring Cost and Reserve [Line Items]
Rationalization charges	$ 16,031	$ 56,351	$ 6,253
Facility Closings and Restructuring | Metal Containers
Restructuring Cost and Reserve [Line Items]
Rationalization charges	9,905	49,425	5,316
Facility Closings and Restructuring | Closures
Restructuring Cost and Reserve [Line Items]
Rationalization charges	5,759	6,562	180
Facility Closings and Restructuring | Plastic Containers
Restructuring Cost and Reserve [Line Items]
Rationalization charges	$ 367	$ 364	$ 757

RATIONALIZATION CHARGES - Narra

RATIONALIZATION CHARGES - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Restructuring Cost and Reserve [Line Items]
Rationalization charges	$ 16,031	$ 56,351	$ 6,253
Restructuring reserve	41,560	43,713	1,612	$ 2,419
Accrued Liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	4,500	5,000
Other Liabilities
Restructuring Cost and Reserve [Line Items]
Restructuring reserve	37,000	38,700
Metal Container Plant Closings and the Central States Pension Plan withdrawal
Restructuring Cost and Reserve [Line Items]
Rationalization charges	4,100	46,200
Central States Pension Plan withdrawal | Annually Through 2040
Restructuring Cost and Reserve [Line Items]
Accretion expense	1,100
Effect on future cash flows, amount	3,100
Central States Pension Plan withdrawal | Metal Container Plant Closings and the Central States Pension Plan withdrawal
Restructuring Cost and Reserve [Line Items]
Net rationalization charges	62,000
Plant Exit Costs
Restructuring Cost and Reserve [Line Items]
Rationalization charges	2,296	1,336	534
Restructuring reserve	555	$ 898	$ 1,482	$ 2,397
Plant Exit Costs | Metal Container Plant Closings and the Central States Pension Plan withdrawal
Restructuring Cost and Reserve [Line Items]
Net rationalization charges	3,500
Other Restructuring | Rationalization Plan
Restructuring Cost and Reserve [Line Items]
Effect on future cash flows, amount	3,900
Remaining expenses for our rationalization plans	$ 2,500

RATIONALIZATION CHARGES - Activ

RATIONALIZATION CHARGES - Activity in Rationalization Plan Reserves (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Restructuring Reserve [Roll Forward]
Rationalization Reserve, Beginning Balance	$ 43,713	$ 1,612	$ 2,419
Rationalization charges	16,031	56,351	6,253
Utilized and currency translation	(18,184)	(14,250)	(7,060)
Rationalization Reserve, Ending Balance	41,560	43,713	1,612
Non-Cash Asset Write-Down
Restructuring Reserve [Roll Forward]
Rationalization charges	5,210	5,519	4,821
Utilized and currency translation	(5,210)	(5,519)	(4,821)
Plant Exit Costs
Restructuring Reserve [Roll Forward]
Rationalization Reserve, Beginning Balance	898	1,482	2,397
Rationalization charges	2,296	1,336	534
Utilized and currency translation	(2,639)	(1,920)	(1,449)
Rationalization Reserve, Ending Balance	555	898	1,482
Employee Severance and Benefits
Restructuring Reserve [Roll Forward]
Rationalization Reserve, Beginning Balance	42,815	130	22
Rationalization charges	8,525	49,496	898
Utilized and currency translation	(10,335)	(6,811)	(790)
Rationalization Reserve, Ending Balance	$ 41,005	$ 42,815	$ 130

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE LOSS - Amounts Included in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss)
Beginning balance	$ 1,023,322	$ 881,265
Other comprehensive income (loss) before reclassifications	(10,388)	(1,952)	$ (88,242)
Amounts reclassified from accumulated other comprehensive loss	9,177	11,018	8,407
Other comprehensive income (loss)	(1,211)	9,066	(79,835)
Ending balance	1,252,873	1,023,322	881,265
AOCI Attributable to Parent
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(259,742)	(268,808)	(188,973)
Other comprehensive income (loss)			(79,835)
Ending balance	(260,953)	(259,742)	(268,808)
Unrecognized Net Defined Benefit Plan Costs
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(139,102)	(154,466)	(104,822)
Other comprehensive income (loss) before reclassifications	(36,660)	4,895	(53,797)
Amounts reclassified from accumulated other comprehensive loss	7,158	10,469	4,153
Other comprehensive income (loss)	(29,502)	15,364	(49,644)
Ending balance	(168,604)	(139,102)	(154,466)
Change in Fair Value of Derivatives
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(3,182)	(1,008)	(89)
Other comprehensive income (loss) before reclassifications	(3,493)	(2,723)	(766)
Amounts reclassified from accumulated other comprehensive loss	2,019	549	(153)
Other comprehensive income (loss)	(1,474)	(2,174)	(919)
Ending balance	(4,656)	(3,182)	(1,008)
Foreign Currency Translation
Accumulated Other Comprehensive Income (Loss)
Beginning balance	(117,458)	(113,334)	(84,062)
Other comprehensive income (loss) before reclassifications	29,765	(4,124)	(33,679)
Amounts reclassified from accumulated other comprehensive loss	0	0	4,407
Other comprehensive income (loss)	29,765	(4,124)	(29,272)
Ending balance	$ (87,693)	$ (117,458)	$ (113,334)

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE LOSS - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accumulated Defined Benefit Plans Adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Reclassification to earnings from the unrecognized net defined benefit plan, before tax	$ (9.8)	$ (13.7)	$ (5.7)
Reclassification to earnings from the unrecognized net defined benefit plan, tax	2.6	3.2	1.5
Amortization of net actuarial (losses)	(11.5)	(15.9)	(6.9)
Amortization of net prior service credit	1.7	2.2	1.2
Accumulated Translation Adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency (losses) gains related to translation	83.1	(10.3)	(47.3)
Foreign currency (losses) gains related to intra-entity foreign currency transactions	(2.8)	1.1	5.3
Foreign currency (losses) gains related to net investment hedges	(66.2)	6.8	16.6
Derivatives used in Net Investment Hedge, Tax Expense (Benefit)	$ 15.7	$ (1.6)	$ (3.9)

INVENTORIES (Detail)

INVENTORIES (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Inventory Disclosure [Abstract]
Raw materials	$ 270,066	$ 286,953
Work-in-process	167,100	134,417
Finished goods	335,346	355,337
Other	14,610	12,793
Inventory, gross, total	787,122	789,500
Adjustment to value inventory at cost on the LIFO method	(109,588)	(156,495)
Inventories	$ 677,534	$ 633,005

INVENTORIES - Additional Inform

INVENTORIES - Additional Information (Detail) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Inventory Disclosure [Abstract]
Inventory recorded on FIFO method	$ 201.5	$ 152.6
Inventory recorded on average cost method	$ 118.3	$ 112.9

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT, NET (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 4,186,248	$ 3,747,494
Accumulated depreciation	(2,345,490)	(2,177,163)
Property, plant and equipment, net	1,840,758	1,570,331
Depreciation expense	182,900	179,300	$ 164,100
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	89,304	77,233
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	559,773	493,035
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	3,337,536	3,009,591
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 199,635	$ 167,635

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Changes in Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Goodwill [Roll Forward]
Beginning balance	$ 1,142,223	$ 1,148,302
Acquisitions	515,595
Currency translation	83,678	(6,079)
Ending balance	1,741,496	1,142,223
Metal Containers
Goodwill [Roll Forward]
Beginning balance	113,463	114,462
Currency translation	4,475	(999)
Ending balance	117,938	113,463
Closures
Goodwill [Roll Forward]
Beginning balance	801,776	807,626
Acquisitions	515,595
Currency translation	78,820	(5,850)
Ending balance	1,396,191	801,776
Plastic Containers
Goodwill [Roll Forward]
Beginning balance	226,984	226,214
Currency translation	383	770
Ending balance	$ 227,367	$ 226,984

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Components of Other Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Intangible Assets by Major Class [Line Items]
Definite-lived intangibles, gross amount	$ 783,754	$ 461,489
Intangibles, gross amount	815,894	493,629
Definite-lived intangibles, accumulated amortization	(178,686)	(139,014)
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	711,065	422,042
Definite-lived intangibles, accumulated amortization	(147,014)	(116,575)
Other
Intangible Assets by Major Class [Line Items]
Definite-lived intangibles, gross amount	72,689	39,447
Definite-lived intangibles, accumulated amortization	$ (31,672)	$ (22,439)

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS, NET - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 36.2	$ 27.1	$ 27.6
Expected amortization expense in 2021	41.3
Expected amortization expense in 2022	40.8
Expected amortization expense in 2023	40.8
Expected amortization expense in 2024	37.8
Expected amortization expense in 2025	36.4
Cobra Plastics and the Albea Dispensing Business | Customer Relationships
Goodwill [Line Items]
Customer relationship intangible asset	266.5
Cobra Plastics and the Albea Dispensing Business | Technology-Based Intangible Assets
Goodwill [Line Items]
Customer relationship intangible asset	$ 28

LONG-TERM DEBT - Summary of Lon

LONG-TERM DEBT - Summary of Long-Term Debt (Detail) $ in Millions	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2019CAD ($)	May 30, 2018USD ($)
Debt Instrument [Line Items]
Total debt - principal	$ 3,271,969,000	$ 2,258,873,000
Less unamortized debt issuance costs and debt discount	20,716,000	14,452,000
Total debt	3,251,253,000	2,244,421,000
Less current portion	28,036,000	29,813,000
Long-term debt	3,223,217,000	2,214,608,000
Bank Debt
Debt Instrument [Line Items]
Total debt - principal	930,407,000	795,830,000
Finance leases
Debt Instrument [Line Items]
Total debt - principal	34,480,000	33,288,000
Bank revolving loans | Bank Debt
Debt Instrument [Line Items]
Total debt - principal	0	0
U.S. term loans
Debt Instrument [Line Items]
Total debt - principal				$ 800,000,000
U.S. term loans | Bank Debt
Debt Instrument [Line Items]
Total debt - principal	900,000,000	760,000,000
Canadian term loans
Debt Instrument [Line Items]
Total debt - principal				$ 45,500,000
Canadian term loans | Bank Debt
Debt Instrument [Line Items]
Total debt - principal	0	4,703,000	$ 6.1
Other foreign bank revolving and term loans | Bank Debt
Debt Instrument [Line Items]
Total debt - principal	30,407,000	31,127,000
Senior Notes | 4¾% Senior Notes
Debt Instrument [Line Items]
Total debt - principal	$ 300,000,000	300,000,000
Stated interest rate	4.75%
Senior Notes | 3¼% Senior Notes
Debt Instrument [Line Items]
Total debt - principal	$ 795,307,000	729,755,000
Stated interest rate	3.25%
Senior Notes | 4⅛% Senior Notes
Debt Instrument [Line Items]
Total debt - principal	$ 600,000,000	400,000,000
Stated interest rate	4.125%
Senior Notes | 2¼% Senior Notes
Debt Instrument [Line Items]
Total debt - principal	$ 611,775,000	$ 0
Stated interest rate	2.25%

LONG-TERM DEBT - Aggregate Annu

LONG-TERM DEBT - Aggregate Annual Maturities of Debt (Details) $ in Thousands	Dec. 31, 2020USD ($)
Debt Disclosure [Abstract]
2021	$ 26,116
2022	743
2023	654
2024	400,620
2025	1,095,927
Thereafter	1,713,429
Debt, long-term and short-term, combined amount excluding finance leases	$ 3,237,489

LONG-TERM DEBT - Bank Credit Ag

LONG-TERM DEBT - Bank Credit Agreements (Detail) $ in Millions

Feb. 10, 2021USD ($)

Feb. 29, 2020USD ($)

Feb. 29, 2020CAD ($)

Dec. 31, 2020USD ($)

Dec. 31, 2019USD ($)

Dec. 31, 2019CAD ($)

Dec. 31, 2018USD ($)

Feb. 26, 2020USD ($)

Feb. 26, 2020EUR (€)

Dec. 31, 2019CAD ($)

Nov. 12, 2019USD ($)

May 30, 2018USD ($)

May 30, 2018CAD ($)

Debt Instrument [Line Items]

Current portion of long-term debt

$ 26,116,000

Debt, long-term and short-term, combined amount

3,271,969,000

$ 2,258,873,000

Long-term debt, maturity, year four

400,620,000

Letters of credit facing fee

$ 500

Letters of credit facing fee percentage

0.25%

Loss on early extinguishment of debt

$ 1,481,000

1,676,000

$ 2,493,000

Bank Debt

Debt Instrument [Line Items]

Debt, long-term and short-term, combined amount

$ 930,407,000

795,830,000

4⅛% Senior Notes

Debt Instrument [Line Items]

Debt instrument, face amount

$ 200,000,000

2¼% Senior Notes

Debt Instrument [Line Items]

Debt instrument, face amount | €

€ 500,000,000

Term Loans Maintained as Eurodollar Rate, Euro Rate or CDOR Rate Loans

Debt Instrument [Line Items]

Line of credit facility, margin

1.50%

Revolving Loans Maintained as Eurodollar Rate, Euro Rate or CDOR Rate Loans

Debt Instrument [Line Items]

Line of credit facility, margin

1.25%

U S Term Loans

Debt Instrument [Line Items]

Repayments of debt

$ 760,000,000

40,000,000

Debt, long-term and short-term, combined amount

$ 800,000,000

Line of credit facility, interest rate at period end

1.75%

Loss on early extinguishment of debt

$ 1,500,000

U S Term Loans | Bank Debt

Debt Instrument [Line Items]

Debt, long-term and short-term, combined amount

900,000,000

760,000,000

Other foreign bank revolving and term loans

Debt Instrument [Line Items]

Current portion of long-term debt

26,100,000

Other foreign bank revolving and term loans | Bank Debt

Debt Instrument [Line Items]

Debt, long-term and short-term, combined amount

30,407,000

31,127,000

Finance leases

Debt Instrument [Line Items]

Current portion of long-term debt

1,900,000

Revolving Loan - Letters of Credit

Debt Instrument [Line Items]

Line of credit facility, maximum borrowing capacity

125,000,000

Canadian term loans

Debt Instrument [Line Items]

Repayments of debt

$ 6.1

$ 24

Debt, long-term and short-term, combined amount

45,500,000

Canadian term loans | Bank Debt

Debt Instrument [Line Items]

Debt, long-term and short-term, combined amount

0

4,703,000

$ 6.1

Multicurrency Incremental Loan Facility

Debt Instrument [Line Items]

Line of credit facility, maximum borrowing capacity

1,250,000,000

1,190,000,000

Canadian Revolving Loans

Debt Instrument [Line Items]

Line of credit facility, maximum borrowing capacity

$ 15

Term Loan | Bank Debt

Debt Instrument [Line Items]

Debt, long-term and short-term, combined amount

$ 764,700,000

Term Loan | Bank Debt | Subsequent Event

Debt Instrument [Line Items]

Current portion of long-term debt

$ 90,000,000

Repayments of debt

500,000,000

Debt, long-term and short-term, combined amount

500,000,000

Term Loan Facility

Debt Instrument [Line Items]

Debt, long-term and short-term, combined amount

$ 900,000,000

Long-term debt, maturity, year four

$ 400,000,000

Debt, weighted average interest rate

2.10%

3.60%

3.60%

3.60%

Term Loan Facility | Bank Debt

Debt Instrument [Line Items]

Debt, long-term and short-term, combined amount

$ 900,000,000

Term Loan Facility | Bank Debt | Subsequent Event

Debt Instrument [Line Items]

Repayments of debt

500,000,000

2018 Amendment to the Credit Agreement

Debt Instrument [Line Items]

Loss on early extinguishment of debt

$ 1,100,000

Revolving Loan

Debt Instrument [Line Items]

Line of credit facility, unused capacity, commitment fee percentage

0.25%

Debt, weighted average interest rate

1.90%

3.50%

3.50%

3.50%

Revolving Loan | Bank Debt

Debt Instrument [Line Items]

Debt, long-term and short-term, combined amount

$ 0

$ 0

Senior Notes | 4⅛% Senior Notes

Debt Instrument [Line Items]

Debt instrument, face amount

$ 200,000,000

$ 400,000,000

Stated interest rate

4.125%

Debt instrument offering price percentage at principal amount

100.00%

Debt, long-term and short-term, combined amount

$ 600,000,000

400,000,000

Senior Notes | 2¼% Senior Notes

Debt Instrument [Line Items]

Debt instrument, face amount | €

€ 500,000,000

Stated interest rate

2.25%

Debt instrument offering price percentage at principal amount

100.00%

100.00%

Debt, long-term and short-term, combined amount

$ 611,775,000

$ 0

Senior Notes | 1.4% Senior Notes | Subsequent Event

Debt Instrument [Line Items]

Debt instrument, face amount

$ 500,000,000

Stated interest rate

1.40%

Debt instrument offering price percentage at principal amount

99.945%

Maximum | Revolving Loan

Debt Instrument [Line Items]

Line of credit facility, unused capacity, commitment fee percentage

0.30%

Minimum | Multicurrency Incremental Loan Facility

Debt Instrument [Line Items]

Additional borrowing capacity

$ 50,000,000

Minimum | Revolving Loan

Debt Instrument [Line Items]

Line of credit facility, unused capacity, commitment fee percentage

0.20%

LONG-TERM DEBT - 2 1_4% Senior

LONG-TERM DEBT - 2 1/4% Senior Notes (Details)	Feb. 26, 2020USD ($)	Feb. 26, 2020EUR (€)	Nov. 12, 2019USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Feb. 26, 2020EUR (€)	Feb. 13, 2017USD ($)	Feb. 13, 2017EUR (€)
Debt Instrument [Line Items]
Proceeds from issuance of long-term debt				$ 1,639,661,000	$ 400,000,000	$ 0
2¼% Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount | €							€ 500,000,000
Validity tender offer percentage	90.00%						90.00%
Proceeds from issuance of long-term debt | €		€ 494,000,000
2¼% Senior Notes | Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount | €							€ 500,000,000
Debt instrument offering price percentage at principal amount	100.00%						100.00%
Stated interest rate				2.25%
2¼% Senior Notes | Debt Instrument, Redemption Period - Post March 1 2023
Debt Instrument [Line Items]
Debt instrument, redemption price, percentage, initial plus accrued and unpaid interest	101.125%	101.125%
Debt instrument, redemption price, percentage, ending, plus accrued and unpaid interest	100.00%	100.00%
2¼% Senior Notes | Debt Instrument, Redemption - Pre March 1 2023
Debt Instrument [Line Items]
Maximum redemption percent allowed and limited to proceeds from equity offering	35.00%						35.00%
Debt redemption, price percent of principal amount, from the proceeds of certain equity offerings	102.25%						102.25%
Debt Instrument, redemption price, percentage	100.00%	100.00%
Redemption price percent if change in control occurs	101.00%						101.00%
4⅛% Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount	$ 200,000,000
Redemption price percent if change in control occurs			101.00%
Validity tender offer percentage			90.00%
4⅛% Senior Notes | Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount	200,000,000		$ 400,000,000
Debt instrument offering price percentage at principal amount			100.00%
Stated interest rate				4.125%
Proceeds from issuance of long-term debt	$ 196,500,000		$ 394,700,000
4¾% Senior Notes
Debt Instrument [Line Items]
Redemption price percent if change in control occurs								101.00%	101.00%
4¾% Senior Notes | Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount								$ 300,000,000
Debt instrument offering price percentage at principal amount								100.00%	100.00%
Stated interest rate				4.75%
3¼% Senior Notes
Debt Instrument [Line Items]
Redemption price percent if change in control occurs								101.00%	101.00%
3¼% Senior Notes | Senior Notes
Debt Instrument [Line Items]
Debt instrument, face amount | €									€ 650,000,000
Debt instrument offering price percentage at principal amount								100.00%	100.00%
Stated interest rate				3.25%

LONG-TERM DEBT - 4 1_8% Senior

LONG-TERM DEBT - 4 1/8% Senior Notes (Details)	Feb. 26, 2020USD ($)	Nov. 12, 2019USD ($)	Aug. 01, 2019	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Feb. 13, 2017USD ($)	Feb. 13, 2017EUR (€)
Proceeds from issuance of long-term debt				$ 1,639,661,000	$ 400,000,000	$ 0
4⅛% Senior Notes
Debt instrument, face amount	$ 200,000,000
Redemption price percent if change in control occurs in addition to accrued and unpaid interest		101.00%
Validity tender offer percentage		90.00%
3¼% Senior Notes
Redemption price percent if change in control occurs in addition to accrued and unpaid interest							101.00%	101.00%
4¾% Senior Notes
Redemption price percent if change in control occurs in addition to accrued and unpaid interest							101.00%	101.00%
Senior Notes | 4⅛% Senior Notes
Stated interest rate				4.125%
Debt instrument, face amount	$ 200,000,000	$ 400,000,000
Debt instrument offering price percentage at principal amount		100.00%
Debt instrument offering price percentage	99.50%
Proceeds from issuance of long-term debt	$ 196,500,000	$ 394,700,000
Senior Notes | 3¼% Senior Notes
Stated interest rate				3.25%
Debt instrument, face amount | €								€ 650,000,000
Debt instrument offering price percentage at principal amount							100.00%	100.00%
Senior Notes | 4¾% Senior Notes
Stated interest rate				4.75%
Debt instrument, face amount							$ 300,000,000
Debt instrument offering price percentage at principal amount							100.00%	100.00%
Senior Notes | 5½% Senior Notes
Stated interest rate				5.50%
Debt Instrument, redemption price, percentage plus a make-whole premium			100.00%
Debt Instrument, Redemption Period - Post October 1 2022 | 4⅛% Senior Notes
Debt instrument, redemption price, percentage, initial plus accrued and unpaid interest		102.063%
Debt Instrument, Redemption Period - Post October 1 2024 | 4⅛% Senior Notes
Debt instrument, redemption price, percentage, ending, plus accrued and unpaid interest		100.00%
Debt Instrument, Redemption - Pre October 1 2022 | 4⅛% Senior Notes
Debt Instrument, redemption price, percentage plus a make-whole premium		100.00%
Maximum redemption percent allowed and limited to proceeds from equity offering		35.00%
Debt redemption, price percent of principal amount, from the proceeds of certain equity offerings		104.125%

LONG-TERM DEBT - 4 3_4% and 3 1

LONG-TERM DEBT - 4 3/4% and 3 1/4% Senior Notes (Details)	Feb. 13, 2017USD ($)	Dec. 31, 2020	Feb. 26, 2020EUR (€)	Feb. 13, 2017EUR (€)
4¾% Senior Notes
Redemption price percent if change in control occurs in addition to accrued and unpaid interest	101.00%			101.00%
3¼% Senior Notes
Redemption price percent if change in control occurs in addition to accrued and unpaid interest	101.00%			101.00%
2¼% Senior Notes
Debt instrument, face amount			€ 500,000,000
Senior Notes | 4¾% Senior Notes
Stated interest rate		4.75%
Debt instrument, face amount | $	$ 300,000,000
Debt instrument offering price percentage at principal amount	100.00%			100.00%
Senior Notes | 3¼% Senior Notes
Stated interest rate		3.25%
Debt instrument, face amount				€ 650,000,000
Debt instrument offering price percentage at principal amount	100.00%			100.00%
Senior Notes | 2¼% Senior Notes
Stated interest rate		2.25%
Debt instrument, face amount			€ 500,000,000
Debt instrument offering price percentage at principal amount			100.00%
Debt Instrument, Redemption Period - Post March 15 2020 | 4¾% Senior Notes
Debt instrument, redemption price, percentage, initial plus accrued and unpaid interest	102.375%
Debt Instrument, Redemption Period - Post March 15 2020 | 3¼% Senior Notes
Debt instrument, redemption price, percentage, initial plus accrued and unpaid interest	101.625%
Debt Instrument, Redemption Period - Post March 15 2022 | 4¾% Senior Notes
Debt instrument, redemption price, percentage, ending, plus accrued and unpaid interest	100.00%
Debt Instrument, Redemption Period - Post March 15 2022 | 3¼% Senior Notes
Debt instrument, redemption price, percentage, ending, plus accrued and unpaid interest	100.00%

LONG-TERM DEBT - 5 1_2% Senior

LONG-TERM DEBT - 5 1/2% Senior Notes (Details) - USD ($)	Aug. 01, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Gain (loss) on extinguishment of debt		$ (1,481,000)	$ (1,676,000)	$ (2,493,000)
5½% Senior Notes | Senior Notes
Stated interest rate		5.50%
Early repayment of senior debt	$ 300,000,000
Debt Instrument, redemption price, percentage	100.00%
Gain (loss) on extinguishment of debt			$ (1,700,000)

LONG-TERM DEBT - 5% Senior Note

LONG-TERM DEBT - 5% Senior Notes (Details) - USD ($) $ in Thousands	Apr. 16, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Gain (loss) on extinguishment of debt		$ (1,481)	$ (1,676)	$ (2,493)
Senior Notes | 5% Senior Notes due 2020
Stated interest rate		5.00%
Early repayment of senior debt	$ 280,000
Debt Instrument, redemption price, percentage	100.00%
Gain (loss) on extinguishment of debt				$ (1,400)

FINANCIAL INSTRUMENTS - Summary

FINANCIAL INSTRUMENTS - Summary of Carrying Amounts and Estimated Fair Values of Other Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	$ 409,481	$ 203,824
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	409,481	203,824
Bank Debt | Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	930,407	795,830
Bank Debt | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	$ 930,407	795,830
Senior Notes | 4¾% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stated interest rate	4.75%
Senior Notes | 3¼% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Stated interest rate	3.25%
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 | Carrying Amount | 4¾% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	$ 300,000	300,000
Senior Notes | Carrying Amount | 3¼% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	795,307	729,755
Senior Notes | Carrying Amount | 4⅛% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	599,089	400,000
Senior Notes | Carrying Amount | 2¼% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	611,775	0
Senior Notes | Fair Value | 4¾% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	304,890	308,217
Senior Notes | Fair Value | 3¼% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	806,283	748,349
Senior Notes | Fair Value | 4⅛% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	623,280	401,848
Senior Notes | Fair Value | 2¼% Senior Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	$ 622,481	$ 0

FINANCIAL INSTRUMENTS - Narrati

FINANCIAL INSTRUMENTS - Narrative (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2020USD ($)customer	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Derivative [Line Items]
Concentration risk, percentage	99.00%
USD Interest Rate Swap Contract One
Derivative [Line Items]
Derivative, notional amount	$ 50
Derivative, fixed interest rate	2.878%
USD Interest Rate Swap Contract Two
Derivative [Line Items]
Derivative, notional amount	$ 50
Derivative, fixed interest rate	2.878%
Revenue Benchmark
Derivative [Line Items]
Number of customers | customer	3
Concentration risk, percentage	22.20%	23.60%	23.00%
Accounts Receivable
Derivative [Line Items]
Concentration risk, percentage	2.60%	5.60%
Accumulated Translation Adjustment
Derivative [Line Items]
Foreign currency (losses) gains of net investment hedges included in accumulated other comprehensive loss	$ (66.2)	$ 6.8	$ 16.6

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Operating lease, expense	$ 80,300	$ 71,000	$ 52,200
Right-of-use asset obtained in exchange for operating lease liability	56,700	52,000
Operating lease, right-of-use asset	$ 206,600	$ 186,800
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssetsNoncurrent	us-gaap:OtherAssetsNoncurrent
Operating lease, liability	$ 215,147	$ 195,200
Operating lease, liability, current	$ 41,200	$ 36,500
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:AccruedLiabilitiesCurrent	us-gaap:AccruedLiabilitiesCurrent
Operating lease, liability, noncurrent	$ 173,900	$ 158,700
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesNoncurrent	us-gaap:OtherLiabilitiesNoncurrent
Operating lease, weighted average discount rate	5.40%
Operating lease, weighted average remaining lease term	7 years
Finance lease, right-of-use asset	$ 39,000	$ 33,800
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
Finance lease, liability	$ 34,480	$ 33,300
Finance lease, liability, current	$ 1,900	$ 1,900
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:LongTermDebtCurrent	us-gaap:LongTermDebtCurrent
Finance lease, liability, noncurrent	$ 32,600	$ 31,400
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	us-gaap:LongTermDebtNoncurrent	us-gaap:LongTermDebtNoncurrent
Purchase commitment, remaining minimum amount committed	$ 29,800

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES - Aggregate Maturities of Operating and Finance Lease Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Operating Leases
2021	$ 51,697
2022	45,379
2023	38,495
2024	31,168
2025	26,427
Thereafter	66,237
Total lease payments	259,403
Less imputed interest	(44,256)
Total	215,147	$ 195,200
Finance Leases
2021	3,459
2022	3,199
2023	3,154
2024	27,051
2025	297
Thereafter	2,901
Total lease payments	40,061
Less imputed interest	(5,581)
Total	$ 34,480	$ 33,300

RETIREMENT BENEFITS - Changes i

RETIREMENT BENEFITS - Changes in Benefit Obligations and Plan Assets as Well as Funded Status of Retirement Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Change in plan assets
Fair value of plan assets at beginning of year	$ 869,070
Fair value of plan assets at end of year	956,345	$ 869,070
Pension Benefits
Change in benefit obligation
Obligation at beginning of year	855,509	751,625
Service cost	13,638	12,505	$ 14,238
Interest cost	23,074	28,316	25,316
Actuarial losses	100,839	103,918
Acquisition	8,930	0
Plan amendments	0	528
Benefits paid	(41,332)	(39,508)
Participants’ contributions	0	0
Foreign currency exchange rate changes	10,757	(1,875)
Obligation at end of year	971,415	855,509	751,625
Change in plan assets
Fair value of plan assets at beginning of year	869,070	732,502
Actual return on plan assets	126,249	174,014
Employer contributions	2,358	2,062
Participants’ contributions	0	0
Benefits paid	(41,332)	(39,508)
Fair value of plan assets at end of year	956,345	869,070	732,502
Funded status	(15,070)	13,561
Amounts recognized in the consolidated balance sheets
Non-current assets	125,740	122,552
Current liabilities	(2,674)	(2,225)
Non-current liabilities	(138,136)	(106,766)
Net amount recognized	(15,070)	13,561
Amounts recognized in accumulated other comprehensive loss (income)
Net actuarial loss (gain)	230,058	193,061
Prior service cost (credit)	974	1,179
Net amount recognized	231,032	194,240
Other Postretirement Benefits
Change in benefit obligation
Obligation at beginning of year	21,718	19,186
Service cost	88	80	99
Interest cost	566	759	640
Actuarial losses	1,440	3,477
Acquisition	0	0
Plan amendments	0	0
Benefits paid	(1,765)	(1,888)
Participants’ contributions	105	104
Foreign currency exchange rate changes	0	0
Obligation at end of year	22,152	21,718	19,186
Change in plan assets
Fair value of plan assets at beginning of year	0	0
Actual return on plan assets	0	0
Employer contributions	1,660	1,784
Participants’ contributions	105	104
Benefits paid	(1,765)	(1,888)
Fair value of plan assets at end of year	0	0	$ 0
Funded status	(22,152)	(21,718)
Amounts recognized in the consolidated balance sheets
Non-current assets	0	0
Current liabilities	(1,665)	(1,794)
Non-current liabilities	(20,487)	(19,924)
Net amount recognized	(22,152)	(21,718)
Amounts recognized in accumulated other comprehensive loss (income)
Net actuarial loss (gain)	(1,344)	(3,123)
Prior service cost (credit)	(4,467)	(6,405)
Net amount recognized	$ (5,811)	$ (9,528)

RETIREMENT BENEFITS - Additiona

RETIREMENT BENEFITS - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)planInvestment	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Defined Benefit Plan Disclosure [Line Items]
Domestic pension plans, funded percentage	115.00%	116.00%
Number of plans | plan	3
Contributions	$ 3,761	$ 4,785	$ 5,292
Defined contribution plans contributions charged to expense	$ 15,200	$ 14,400	$ 12,000
Target allocation (in percentage)	100.00%
Plan assets held under management by single investment company	99.00%
Number of commingled debt and equity index funds | Investment	6
Number of asset funds individually in excess of ten percent of total plan assets | Investment	4
Maximum
Defined Benefit Plan Disclosure [Line Items]
Multi employer funded status	65.00%	65.00%
Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligations in excess of plan assets, projected benefit obligation	$ 140,800	$ 109,000
Accumulated benefit obligations in excess of plan assets, accumulated benefit obligation	$ 134,900	$ 103,900
Benefit obligation discount rate (in percentage)	1.10%	1.50%
Rate of compensation increase (in percentage)	3.20%	3.30%
Net periodic benefit cost discount rate	1.50%	2.20%	2.10%
Net periodic benefit cost rate of compensation increase	3.30%	3.30%	3.30%
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation, pension benefit plans	$ 942,600	$ 828,000
Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Target allocation (in percentage)	58.00%
Debt securities
Defined Benefit Plan Disclosure [Line Items]
Target allocation (in percentage)	42.00%
Equity securities—U.S.
Defined Benefit Plan Disclosure [Line Items]
Target allocation (in percentage)	49.00%
Equity securities, target allocation as percentage of total equity securities	85.00%

RETIREMENT BENEFITS - Benefits

RETIREMENT BENEFITS - Benefits Expected to Be Paid from Pension and Other Postretirement Benefit Plans, Which Reflect Future Years of Services (Detail) $ in Thousands	Dec. 31, 2020USD ($)
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
2021	$ 43,591
2022	44,786
2023	45,998
2024	46,887
2025	48,032
2026-2030	247,776
Defined benefit plan expected future benefit payments	477,070
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
2021	1,665
2022	1,515
2023	1,464
2024	1,422
2025	1,351
2026-2030	6,284
Defined benefit plan expected future benefit payments	$ 13,701

RETIREMENT BENEFITS - Weighted

RETIREMENT BENEFITS - Weighted Average Actuarial Assumptions to Determine Benefit Obligations (Detail) - Domestic Plan	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Discount rate (in percentage)	2.50%	3.40%
Expected return on plan assets (in percentage)	8.50%	8.50%	8.50%
Rate of compensation increase (in percentage)	2.50%	2.50%
Assumed for next year (in percentage)	6.20%	6.30%
Ultimate rate (in percentage)	4.20%	4.30%
Year that the ultimate rate is reached	2036	2035

RETIREMENT BENEFITS - Component

RETIREMENT BENEFITS - Components of Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 13,638	$ 12,505	$ 14,238
Interest cost	23,074	28,316	25,316
Expected return on plan assets	(72,122)	(60,567)	(68,575)
Amortization of prior service cost (credit)	205	115	173
Amortization of actuarial losses (gains)	11,859	16,399	7,378
Net periodic benefit credit	(23,346)	(3,232)	(21,470)
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	88	80	99
Interest cost	566	759	640
Expected return on plan assets	0	0	0
Amortization of prior service cost (credit)	(1,937)	(2,330)	(1,392)
Amortization of actuarial losses (gains)	(339)	(488)	(506)
Net periodic benefit credit	$ (1,622)	$ (1,979)	$ (1,159)

RETIREMENT BENEFITS - Weighte_2

RETIREMENT BENEFITS - Weighted Average Actuarial Assumptions to Determine Net Period Cost (Detail) - Domestic Plan	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.40%	4.50%	3.80%
Expected return on plan assets (in percentage)	8.50%	8.50%	8.50%
Rate of compensation increase	2.50%	2.60%	2.60%
Health care cost trend rate	6.30%	6.40%	6.20%

RETIREMENT BENEFITS - Multiempl

RETIREMENT BENEFITS - Multiemployer Pension Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Defined Benefit Plan Disclosure [Line Items]
Contributions	$ 3,761	$ 4,785	$ 5,292
Central States, Southeast and Southwest Areas Pension Fund
Defined Benefit Plan Disclosure [Line Items]
EIN/Pension Plan Number	36-6044243/001
Pension Protection Act Zone Status	Red	Red
FIP / RP Status Pending / Implemented	Implemented
Contributions	$ 0	$ 1,166	1,797
Surcharge Imposed	No
United Food and Commercial Workers Local One Pension Fund
Defined Benefit Plan Disclosure [Line Items]
EIN/Pension Plan Number	16-6144007/001
Pension Protection Act Zone Status	Red	Red
FIP / RP Status Pending / Implemented	Implemented
Contributions	$ 240	$ 245	237
Surcharge Imposed	No
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	$ 2,746	$ 2,667	$ 2,587
Surcharge Imposed	No
Multi employer funded status		87.00%	89.00%
All Other Pension Funds
Defined Benefit Plan Disclosure [Line Items]
Contributions	$ 775	$ 707	$ 671

RETIREMENT BENEFITS - Weighte_3

RETIREMENT BENEFITS - Weighted Average Asset Allocation for Pension Plans and Target Allocation (Detail)	Dec. 31, 2020	Dec. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Target allocation (in percentage)	100.00%
Actual allocation (in percentage)	100.00%	100.00%
Equity securities—U.S.
Defined Benefit Plan Disclosure [Line Items]
Target allocation (in percentage)	49.00%
Actual allocation (in percentage)	47.00%	47.00%
Equity securities—International
Defined Benefit Plan Disclosure [Line Items]
Target allocation (in percentage)	9.00%
Actual allocation (in percentage)	10.00%	10.00%
Debt securities
Defined Benefit Plan Disclosure [Line Items]
Target allocation (in percentage)	42.00%
Actual allocation (in percentage)	42.00%	42.00%
Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Target allocation (in percentage)	0.00%
Actual allocation (in percentage)	1.00%	1.00%

RETIREMENT BENEFITS - Fair Valu

RETIREMENT BENEFITS - Fair Value of Plan Assets by Asset Category (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 956,345	$ 869,070
Equity securities—U.S.
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	453,135	414,260
Equity securities—International
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	94,919	86,822
Debt securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	397,529	362,020
Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 10,762	$ 5,968

INCOME TAXES - Income Before In

INCOME TAXES - Income Before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Domestic	$ 309,236	$ 194,822	$ 215,354
Foreign	97,842	57,314	77,947
Income before income taxes	$ 407,078	$ 252,136	$ 293,301

INCOME TAXES - Components of Pr

INCOME TAXES - Components of Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Current:
Federal	$ 31,104	$ 41,949	$ 17,846
State	4,501	13,924	3,336
Foreign	38,632	23,308	24,385
Current income tax provision	74,237	79,181	45,567
Deferred:
Federal	30,813	(11,521)	25,887
State	72	(5,013)	3,382
Foreign	(6,766)	(4,325)	(5,529)
Deferred income tax provision (benefit)	24,119	(20,859)	23,740
Provision (benefit) for income taxes	$ 98,356	$ 58,322	$ 69,307

INCOME TAXES - Variation of Pro

INCOME TAXES - Variation of Provision for Income Taxes from Statutory U.S. Federal Income Tax Rate (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income taxes computed at the statutory U.S. federal income tax rate	$ 85,486	$ 52,949	$ 61,543
State income taxes, net of federal tax benefit	5,012	7,133	6,326
Tax liabilities (no longer required) required	(5,110)	(2,002)	1,908
Valuation allowance	1,323	1,699	240
Tax credit refunds, net	(1,669)	(3,493)	(3,415)
Foreign earnings taxed at other than 21%	12,197	3,741	7,851
Deferred tax rate changes	(717)	92	(1,947)
Other	1,834	(1,797)	(3,199)
Provision (benefit) for income taxes	$ 98,356	$ 58,322	$ 69,307
Effective tax rate	24.20%	23.10%	23.60%

INCOME TAXES - Significant Comp

INCOME TAXES - Significant Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets:
Pension and other postretirement liabilities	$ 30,517	$ 22,632
Rationalization and other accrued liabilities	30,105	23,038
AMT and other credit carryforwards	2,885	3,802
Net operating loss carryforwards	49,882	34,792
Other intangible assets	2,464	5,251
Foreign currency translation	281	246
Inventory and related reserves	21,584	26,677
Long term operating lease liabilities	54,218	48,889
Other	7,135	5,265
Total deferred tax assets	199,071	170,592
Deferred tax liabilities:
Property, plant and equipment	(233,109)	(195,039)
Pension and other postretirement liabilities	(24,316)	(25,016)
Other intangible assets	(187,269)	(112,680)
Operating lease right of use assets	(51,902)	(46,709)
Other	(8,770)	(6,258)
Total deferred tax liabilities	(505,366)	(385,702)
Valuation allowance	(20,624)	(15,025)
Net deferred tax liabilities	$ (326,919)	$ (230,135)

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Taxes [Line Items]
Deferred tax liability, long-term	$ 355,995	$ 254,836
Valuation allowance, foreign operating loss carryforwards	20,624	15,025
Unrecognized tax benefits, income tax penalties and interest accrued	5,400	5,000
Unrecognized tax benefits, net of associated tax assets and excluding federal tax benefit of state taxes, interest and penalties recorded in other liabilities	36,400	41,400
Asset associated with uncertain tax position recorded in other assets, net	17,500	17,300
Unrecognized tax benefits would impact effective tax rate	20,100	25,500
Expected decrease in unrecognized tax benefits	5,500
Undistributed earnings from foreign earnings	82,400
Unrecognized deferred tax liabilities on indefinitely reinvested earnings	4,500
Other Assets
Income Taxes [Line Items]
Deferred tax assets, long-term	29,100	$ 24,700
Foreign Tax Authority
Income Taxes [Line Items]
Net operating loss carryforwards	43,200
Net operating loss carryforward subject to expiration	15,300
State and Local Jurisdiction
Income Taxes [Line Items]
Net operating loss carryforward subject to expiration	6,700
Deferred Tax Asset Operating Loss Carryforwards Foreign
Income Taxes [Line Items]
Valuation allowance, deferred tax asset, increase	$ 5,600

INCOME TAXES - Reconciliation o

INCOME TAXES - Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at January 1,	$ 38,283	$ 43,508
Increase based upon tax positions of current year	508
Decrease based upon tax positions of current year		(488)
Increase based upon tax positions of a prior year	487	604
Increase due to acquisitions	131	0
Decrease based upon settlements with taxing authorities	0	(1,316)
Decrease based upon a lapse in the statute of limitations	(6,632)	(4,025)
Balance at December 31,	$ 32,777	$ 38,283

STOCK-BASED COMPENSATION - Addi

STOCK-BASED COMPENSATION - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
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)	3,856,476
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)	$ 30.55	$ 28.51	$ 28.51
Fair value of restricted stock units released	$ 16.8	$ 37.2	$ 9.7
Unrecognized compensation expense related to restricted stock units	$ 34.6
Cost expected to be recognized over a period	2 years 4 months 24 days
Selling, General and Administrative Expense
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock compensation expense	$ 18.8	$ 17.1	$ 14.9
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)	19,200,000
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

STOCK-BASED COMPENSATION - Summ

STOCK-BASED COMPENSATION - Summary of Restricted Stock Unit Activity (Detail) - Restricted stock units - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted stock units outstanding at December 31, 2019 (in shares)	1,974,575
Granted (in shares)	495,622
Released (in shares)	(582,151)
Forfeited (in shares)	(17,040)
Restricted stock units outstanding at December 31, 2020 (in shares)	1,871,006	1,974,575
Weighted average grant date fair value
Restricted stock units outstanding at December 31, 2019 (in dollars per share)	$ 28.54
Granted (in dollars per share)	30.55	$ 28.51	$ 28.51
Released (in dollars per share)	28.35
Forfeited (in dollars per share)	29.60
Restricted stock units outstanding at December 31, 2020 (in dollars per share)	$ 29.12	$ 28.54

CAPITAL STOCK - Additional Info

CAPITAL STOCK - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Oct. 17, 2016
Stockholders Equity Note [Line Items]
Common stock, shares authorized (in shares)	400,000,000	400,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000
Preferred stock, par value (in dollars per share)	$ 0.01
Common stock repurchased, total purchase price	$ 42,111	$ 27,604	$ 7,828
Treasury stock, shares (in shares)	65,055,469	64,332,032
Activity related to restricted stock units vested
Stockholders Equity Note [Line Items]
Treasury shares issued (in shares)	582,151	1,301,777	339,972
Average cost for restricted stock units (in dollars per share)	$ 3.16	$ 2.86	$ 3.12
Shares repurchased to satisfy employee withholding tax requirements resulting from certain restricted stock units becoming vested (in shares)	217,325	543,369	107,420
Common stock repurchased, average cost (in dollars per share)	$ 28.63	$ 28.51	$ 28.46
2016 BOD Authorized Common Stock Repurchase
Stockholders Equity Note [Line Items]
Stock repurchase program, additional repurchase authorization				$ 300,000
Common stock repurchase, remaining authorized amount	$ 76,600
2016 BOD Authorized Common Stock Repurchase | Non-tender offer repurchase
Stockholders Equity Note [Line Items]
Repurchases of common stock (in shares)	1,088,263	407,540	188,300
Treasury stock acquired, average cost (in dollars per share)	$ 32.96	$ 29.70	$ 25.31
Common stock repurchased, total purchase price	$ 35,900	$ 12,100	$ 4,800

EARNINGS PER SHARE - Components

EARNINGS PER SHARE - Components of Calculation of Earnings Per Share (Detail) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Earnings Per Share [Abstract]
Net income	$ 308,722	$ 193,814	$ 223,994
Weighted average number of shares used in:
Basic earnings per share (in shares)	110,768	110,939	110,603
Dilutive common stock equivalents:
Restricted stock units (in shares)	625	569	1,029
Diluted earnings per share (in shares)	111,393	111,508	111,632

BUSINESS SEGMENT INFORMATION -

BUSINESS SEGMENT INFORMATION - Reportable Business Segment Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting Information [Line Items]
Net sales	$ 4,921,943	$ 4,489,927	$ 4,448,875
Depreciation and amortization	219,098	206,483	191,737
Rationalization charges	16,031	56,351	6,253
Segment income	512,386	359,486	412,100
Segment assets	6,441,419	4,875,328	4,527,925
Capital expenditures	224,177	230,944	190,973
Metal Containers
Segment Reporting Information [Line Items]
Net sales	2,557,980	2,473,214	2,377,980
Depreciation and amortization	82,404	86,114	81,420
Segment income	246,628	159,980	198,826
Segment assets	1,973,933	1,853,875	1,601,944
Capital expenditures	80,701	102,832	84,490
Closures
Segment Reporting Information [Line Items]
Net sales	1,712,433	1,405,611	1,456,799
Depreciation and amortization	99,062	83,133	74,217
Segment income	224,374	173,485	189,906
Segment assets	3,617,969	2,263,131	2,169,985
Capital expenditures	91,291	95,153	62,183
Plastic Containers
Segment Reporting Information [Line Items]
Net sales	651,530	611,102	614,096
Depreciation and amortization	37,473	37,077	35,949
Segment income	87,810	48,915	42,562
Segment assets	814,303	722,848	722,205
Capital expenditures	52,151	32,928	44,242
Corporate
Segment Reporting Information [Line Items]
Net sales	0	0	0
Depreciation and amortization	159	159	151
Rationalization charges	0	0	0
Segment income	(46,426)	(22,894)	(19,194)
Segment assets	35,214	35,474	33,791
Capital expenditures	34	31	58
Costs related to acquisitions	19,300	1,800
Facility Closings and Restructuring | Metal Containers
Segment Reporting Information [Line Items]
Rationalization charges	9,905	49,425	5,316
Facility Closings and Restructuring | Closures
Segment Reporting Information [Line Items]
Rationalization charges	5,759	6,562	180
Facility Closings and Restructuring | Plastic Containers
Segment Reporting Information [Line Items]
Rationalization charges	$ 367	$ 364	$ 757

BUSINESS SEGMENT INFORMATION _2

BUSINESS SEGMENT INFORMATION - Reconciliation of Segment Income from Operations to Income before Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting [Abstract]
Segment income	$ 512,386	$ 359,486	$ 412,100
Interest and other debt expense	105,308	107,350	118,799
Income before income taxes	$ 407,078	$ 252,136	$ 293,301

BUSINESS SEGMENT INFORMATION _3

BUSINESS SEGMENT INFORMATION - Reconciliation of Total Segment Assets to Total Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting [Abstract]
Total segment assets	$ 6,441,419	$ 4,875,328	$ 4,527,925
Other assets	70,167	55,731
Total assets	$ 6,511,586	$ 4,931,059

BUSINESS SEGMENT INFORMATION _4

BUSINESS SEGMENT INFORMATION - Financial Information Relating to Operations by Geographic Area (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting Information [Line Items]
Net sales	$ 4,921,943	$ 4,489,927	$ 4,448,875
Long-lived assets:
Long-lived assets	1,840,758	1,570,331
United States
Segment Reporting Information [Line Items]
Net sales	3,650,953	3,418,848	3,333,668
Long-lived assets:
Long-lived assets	1,121,596	1,028,965
Europe
Segment Reporting Information [Line Items]
Net sales	953,695	818,032	858,255
Long-lived assets:
Long-lived assets	551,365	419,195
Other
Segment Reporting Information [Line Items]
Net sales	317,295	253,047	256,952
Long-lived assets:
Long-lived assets	167,797	122,171
Total foreign operations
Segment Reporting Information [Line Items]
Net sales	1,270,990	1,071,079	$ 1,115,207
Long-lived assets:
Long-lived assets	$ 719,162	$ 541,366

BUSINESS SEGMENT INFORMATION _5

BUSINESS SEGMENT INFORMATION - Additional Information (Detail) - segment	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting [Abstract]
Number of segments	3
Nestle Food Company | Metal Containers
Segment Reporting, Revenue Reconciling Item [Line Items]
Percentage of net sales	10.50%	11.10%	10.40%

SUBSEQUENT EVENTS - Senior Secu

SUBSEQUENT EVENTS - Senior Secured Notes Offering (Details)	Feb. 10, 2021USD ($)	Feb. 26, 2020USD ($)	Feb. 26, 2020EUR (€)	Nov. 12, 2019USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Feb. 26, 2020EUR (€)	Feb. 13, 2017USD ($)	Feb. 13, 2017EUR (€)
Proceeds from issuance of long-term debt					$ 1,639,661,000	$ 400,000,000	$ 0
Debt, aggregated amount					3,271,969,000	2,258,873,000
Current portion of long-term debt					26,116,000
4⅛% Senior Notes
Debt instrument, face amount		$ 200,000,000
2¼% Senior Notes
Debt instrument, face amount | €								€ 500,000,000
Proceeds from issuance of long-term debt | €			€ 494,000,000
Bank Debt
Debt, aggregated amount					$ 930,407,000	795,830,000
Senior Notes | 4¾% Senior Notes
Debt instrument, face amount									$ 300,000,000
Stated interest rate					4.75%
Debt instrument offering price percentage at principal amount									100.00%	100.00%
Debt, aggregated amount					$ 300,000,000	300,000,000
Senior Notes | 3¼% Senior Notes
Debt instrument, face amount | €										€ 650,000,000
Stated interest rate					3.25%
Debt instrument offering price percentage at principal amount									100.00%	100.00%
Debt, aggregated amount					$ 795,307,000	729,755,000
Senior Notes | 4⅛% Senior Notes
Debt instrument, face amount		200,000,000		$ 400,000,000
Stated interest rate					4.125%
Debt instrument offering price percentage at principal amount				100.00%
Proceeds from issuance of long-term debt		$ 196,500,000		$ 394,700,000
Debt, aggregated amount					$ 600,000,000	400,000,000
Senior Notes | 2¼% Senior Notes
Debt instrument, face amount | €								€ 500,000,000
Stated interest rate					2.25%
Debt instrument offering price percentage at principal amount		100.00%						100.00%
Debt, aggregated amount					$ 611,775,000	0
Term Loan | Bank Debt
Debt, aggregated amount						$ 764,700,000
Subsequent Event | Senior Notes | 1.4% Senior Notes
Debt instrument, face amount	$ 500,000,000
Stated interest rate	1.40%
Debt instrument offering price percentage at principal amount	99.945%
Proceeds from issuance of long-term debt	$ 500,000,000
Subsequent Event | Term Loan | Bank Debt
Repayments of debt	500,000,000
Debt, aggregated amount	500,000,000
Current portion of long-term debt	$ 90,000,000
Debt Instrument, Redemption - One Month Prior to the Par Call Date | Subsequent Event | Senior Notes | 1.4% Senior Notes
Debt Instrument, redemption price, percentage	100.00%
Debt Instrument, Redemption Period - On or After the Par Call Date | Subsequent Event | Senior Notes | 1.4% Senior Notes
Debt Instrument, redemption price, percentage	100.00%
Debt Instrument, Redemption Period - Upon the Occurrence of Repurchase Event | Subsequent Event | Senior Notes | 1.4% Senior Notes
Debt Instrument, redemption price, percentage	101.00%

SCHEDULE II - VALUATION AND QUA

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Detail) - Allowance for doubtful accounts receivable - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	$ 5,485	$ 5,095	$ 5,339
Charged to costs and expenses	1,043	1,609	1,103
Charged to other accounts	906	0	0
Other	(1,088)	(1,163)	(1,139)
Balance at end of period	6,803	5,485	5,095
Foreign Currency Translation
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Cumulative translation adjustment	$ 457	$ (56)	$ (208)