Rendering

Component: (Network and Table)
Network
100720 - Disclosure - Inventories - Inventories (Detail)
(http://www.sealedair.com/20161231/taxonomy/role/DisclosureInventoriesInventoriesDetail)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Inventory Disclosure [Abstract]Period [Axis]
2016-12-31
2015-12-31
Inventory Disclosure [Abstract]
 
 
Raw materials
115,300,000  
109,600,000  
Work in process
116,400,000  
112,400,000  
Finished goods
428,200,000  
438,800,000  
Total
659,900,000  
 
660,800,000 1,2
 
1: As of January 1, 2016, we have adopted ASU 2015-03 and ASU 2015-15 with retrospective application. This resulted in a reclassification from other non-current assets to long-term debt, less current portion for debt issuance costs as of December 31, 2015. Refer to Note 2, “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” of the Notes to the Consolidated Financial Statements for further details.
2: Property and equipment, net, and other non-current liabilities as of December 31, 2015, have been revised to properly reflect asset retirement obligations. This resulted in an increase to property and equipment, net and other non-current liabilities of $15.0 million. Certain amounts related to external payment terms were misclassified in the Consolidated Balance Sheet. The revision of this item resulted in a decrease in accounts payable and an increase in short-term borrowings of $6.3 million as of December 31, 2015. Additionally, due to changes in the accounting treatment of a factoring agreement the Company reclassified $6.7 million from cash and cash equivalents to other receivables. See Note 2 “Summary of Significant Accounting Policies and Recently Issued Accounting Standards” of the Notes to Consolidated Financial Statements under the heading “Reclassifications and Revisions” for further discussion of the revisions.