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Segment Information (Tables)
3 Months Ended
Mar. 31, 2014
Segment Information [Abstract]  
Analysis of Operations by Reportable Segment
An analysis of operations by reportable segment is as follows (dollars in millions):
 
 
Sales, net
 
Operating Income (Loss)
 
Three Months Ended March 31, 2014 (a)
 
Trade
 
Inter-
segment
 
Total
 
 
Packaging
 
$
1,095.6

 
$
1.8

 
$
1,097.4

 
$
170.7

(b)
Paper
 
309.3

 

 
309.3

 
27.7

(c)
Corporate and Other
 
26.4

 
37.7

 
64.1

 
(37.5
)
(d)
Intersegment eliminations
 

 
(39.5
)
 
(39.5
)
 

 
 
 
$
1,431.3

 
$

 
$
1,431.3

 
160.9

 
Interest expense, net
 
 
 
 
 
 
 
(20.8
)
 
Income before taxes
 
 
 
 
 
 
 
$
140.1

 
 
 
Sales, net
 
Operating Income (Loss)
 
Three Months Ended March 31, 2013
 
Trade
 
Inter-
segment
 
Total
 
 
Packaging
 
$
755.2

 
$

 
$
755.2

 
$
117.9

 
Corporate and Other
 

 

 

 
(11.9
)
 
 
 
$
755.2

 
$

 
$
755.2

 
106.0

 
Interest expense, net
 
 
 
 
 
 
 
(9.3
)
 
Income before taxes
 
 
 
 
 
 
 
$
96.7

 
____________
(a)
On October 25, 2013, we acquired Boise. Our first quarter 2014 results include Boise for the full period.
(b)
Includes costs related primarily to our plans to convert the Number 3 newsprint machine at our DeRidder, Louisiana, mill to produce lightweight linerboard and corrugating medium and to exit the newsprint business in mid-September 2014. The three months ended March 31, 2014, included $4.0 million of restructuring charges, of which $2.9 million were recorded in "Cost of sales" and $1.1 million were recorded in "Other expense, net".
(c)
Includes $0.7 million of Boise acquisition integration-related costs, primarily for employee severance, professional fees, and other costs. These costs are recorded in "Other expense, net".
(d)
Includes $3.4 million of Boise acquisition integration-related costs and $17.6 million of costs accrued for the settlement of the Kleen Products LLC v Packaging Corp. of America et al class action lawsuit. See Note 18, Commitments, Guarantees, Indemnifications and Legal Proceedings, for more information.