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Segment Information | 6 Months Ended
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Jun. 30, 2015
Segment Reporting [Abstract] |
Segment Information | Segment Information We report our business in three reportable segments: Packaging, Paper, and Corporate and Other. These segments represent distinct businesses that are managed separately because of differing products and services. Each of these businesses requires distinct operating and marketing strategies. Each segment's profits and losses are measured on operating profits before interest expense, net, and income taxes. For many of these allocated expenses, the related assets and liabilities remain in the Corporate and Other segment. Selected financial information by reportable segment was as follows (dollars in millions):
|  | Sales, net |  | Operating Income (Loss) |
Three Months Ended June 30, 2015 |  | Trade |  | Inter- segment |  | Total |  |
Packaging |  | $ | 1,140.9 |  |  | $ | 1.3 |  |  | $ | 1,142.2 |  |  | $ | 194.6 |  | (a)
Paper |  | 281.1 |  |  | — |  |  | 281.1 |  |  | 23.4 |  |
Corporate and Other |  | 32.3 |  |  | 34.1 |  |  | 66.4 |  |  | (20.4 | ) | (b)
Intersegment eliminations |  | — |  |  | (35.4 | ) |  | (35.4 | ) |  | — |  |
|  | $ | 1,454.3 |  |  | $ | — |  |  | $ | 1,454.3 |  |  | 197.6 |  |
Interest expense, net |  |  |  |  |  |  |  | (22.2 | ) |
Income before taxes |  |  |  |  |  |  |  | $ | 175.4 |  |
|  | Sales, net |  | Operating Income (Loss) |
Three Months Ended June 30, 2014 |  | Trade |  | Inter- segment |  | Total |  |
Packaging |  | $ | 1,144.0 |  |  | $ | 1.2 |  |  | $ | 1,145.2 |  |  | $ | 166.4 |  | (a)
Paper |  | 295.2 |  |  | — |  |  | 295.2 |  |  | 33.6 |  |
Corporate and Other |  | 29.2 |  |  | 38.1 |  |  | 67.3 |  |  | (19.8 | ) | (b)
Intersegment eliminations |  | — |  |  | (39.3 | ) |  | (39.3 | ) |  | — |  |
|  | $ | 1,468.4 |  |  | $ | — |  |  | $ | 1,468.4 |  |  | 180.2 |  |
Interest expense, net |  |  |  |  |  |  |  | (21.4 | ) |
Income before taxes |  |  |  |  |  |  |  | $ | 158.8 |  |
|  | Sales, net |  | Operating Income (Loss) |
Six Months Ended June 30, 2015 |  | Trade |  | Inter- segment |  | Total |  |
Packaging |  | $ | 2,238.8 |  |  | $ | 2.7 |  |  | $ | 2,241.5 |  |  | $ | 335.7 |  | (a)
Paper |  | 578.4 |  |  | — |  |  | 578.4 |  |  | 59.0 |  |
Corporate and Other |  | 62.8 |  |  | 64.6 |  |  | 127.4 |  |  | (40.0 | ) | (b)
Intersegment eliminations |  | — |  |  | (67.3 | ) |  | (67.3 | ) |  | — |  |
|  | $ | 2,880.0 |  |  | $ | — |  |  | $ | 2,880.0 |  |  | 354.7 |  |
Interest expense, net |  |  |  |  |  |  |  | (41.4 | ) |
Income before taxes |  |  |  |  |  |  |  | $ | 313.3 |  |
|  | Sales, net |  | Operating Income (Loss) |
Six Months Ended June 30, 2014 |  | Trade |  | Inter- segment |  | Total |  |
Packaging |  | $ | 2,239.6 |  |  | $ | 3.0 |  |  | $ | 2,242.6 |  |  | $ | 337.1 |  | (a)
Paper |  | 604.5 |  |  | — |  |  | 604.5 |  |  | 61.3 |  |
Corporate and Other |  | 55.6 |  |  | 75.8 |  |  | 131.4 |  |  | (57.2 | ) | (b)
Intersegment eliminations |  | — |  |  | (78.8 | ) |  | (78.8 | ) |  | — |  |
|  | $ | 2,899.7 |  |  | $ | — |  |  | $ | 2,899.7 |  |  | 341.2 |  |
Interest expense, net |  |  |  |  |  |  |  | (42.2 | ) |
Income before taxes |  |  |  |  |  |  |  | $ | 299.0 |  |
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(a) | The three months ended June 30, 2015 and 2014, include $1.0 million of income and $17.8 million of expense, respectively, related to restructuring activities at our mill in DeRidder, Louisiana, while the six months ended June 30, 2015 and 2014, include net charges of $9.3 million and $21.8 million, respectively. Restructuring activities at DeRidder include costs related to the conversion of the No. 3 newsprint machine to containerboard, our exit from the newsprint business, and other improvements. The restructuring charges primarily related to accelerated depreciation and were mostly recorded in "Cost of sales". We completed the restructuring activities in first quarter 2015, but we received $1.0 million of insurance proceeds related to the restructuring during the three months ended June 30, 2015, which we recorded in "Other expense, net".
The three months ended June 30, 2015 and 2014, includes $1.7 million and $4.4 million, respectively, of Boise acquisition integration-related and other costs, and the six months ended June 30, 2015 and 2014, includes $2.6 million and $4.4 million, respectively. These costs primarily relate to professional fees, severance, retention, relocation, travel, and other integration-related costs, and are mostly recorded in "Other expense, net".
(b) | The three months ended June 30, 2015 and 2014, includes $2.0 million and $1.5 million, respectively, of Boise acquisition integration-related and other costs, mostly recorded in "Other expense, net" and the six months ended June 30, 2015 and 2014, include $4.6 million, and $5.0 million, respectively.
The six months ended June 30, 2014, includes $17.6 million of costs accrued for the settlement of the Kleen Products LLC v Packaging Corp. of America et al class action lawsuit. These costs are recorded in "Other expense, net".

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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