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Segment Information | 6 Months Ended
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Jun. 30, 2016
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, 2016 |  | Trade |  | Inter- segment |  | Total |  |
Packaging |  | $ | 1,123.6 |  |  | $ | 1.7 |  |  | $ | 1,125.3 |  |  | $ | 192.4 |  | (a)
Paper |  | 266.8 |  |  | — |  |  | 266.8 |  |  | 24.4 |  | (a)
Corporate and Other |  | 27.0 |  |  | 33.0 |  |  | 60.0 |  |  | (16.6 | ) |
Intersegment eliminations |  | — |  |  | (34.7 | ) |  | (34.7 | ) |  | — |  |
|  | $ | 1,417.4 |  |  | $ | — |  |  | $ | 1,417.4 |  |  | 200.2 |  |
Interest expense, net |  |  |  |  |  |  |  | (22.5 | ) |
Income before taxes |  |  |  |  |  |  |  | $ | 177.7 |  |
|  | 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 |  | (b)
Paper |  | 281.1 |  |  | — |  |  | 281.1 |  |  | 23.4 |  |
Corporate and Other |  | 32.3 |  |  | 34.1 |  |  | 66.4 |  |  | (20.4 | ) | (c)
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) |
Six Months Ended June 30, 2016 |  | Trade |  | Inter- segment |  | Total |  |
Packaging |  | $ | 2,217.4 |  |  | $ | 3.4 |  |  | $ | 2,220.8 |  |  | $ | 353.9 |  | (a)
Paper |  | 547.3 |  |  | — |  |  | 547.3 |  |  | 60.5 |  | (a)
Corporate and Other |  | 53.7 |  |  | 69.0 |  |  | 122.7 |  |  | (33.4 | ) |
Intersegment eliminations |  | — |  |  | (72.4 | ) |  | (72.4 | ) |  | — |  |
|  | $ | 2,818.4 |  |  | $ | — |  |  | $ | 2,818.4 |  |  | 381.0 |  |
Interest expense |  |  |  |  |  |  |  | (44.1 | ) |
Income before taxes |  |  |  |  |  |  |  | $ | 336.9 |  |
|  | 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 |  | (b)
Paper |  | 578.4 |  |  | — |  |  | 578.4 |  |  | 59.0 |  |
Corporate and Other |  | 62.8 |  |  | 64.6 |  |  | 127.4 |  |  | (40.0 | ) | (c)
Intersegment eliminations |  | — |  |  | (67.3 | ) |  | (67.3 | ) |  | — |  |
|  | $ | 2,880.0 |  |  | $ | — |  |  | $ | 2,880.0 |  |  | 354.7 |  |
Interest expense |  |  |  |  |  |  |  | (41.4 | ) |
Income before taxes |  |  |  |  |  |  |  | $ | 313.3 |  |
___________
(a) | The three and six months ended June 30, 2016 include $1.7 million and $4.5 million, respectively, of closure costs related to corrugated products facilities and a paper products facility. The closure costs are recorded within "Other expense, net" and "Cost of sales", as appropriate.
The three and six months ended June 30, 2016 include $0.3 million of acquisition-related costs for the announced TimBar Corporation acquisition, which we recorded in "Other expense, net". The three and six months ended June 30, 2016 include $0.9 million of costs related to our withdrawal from a multiemployer pension plan for one of our corrugated products facilities.
(b) | The three and six months ended June 30, 2015 include $1.0 million of income and $9.3 million of expense, respectively, related to restructuring charges at our mill in DeRidder, Louisiana, which were recorded in "Other expense, net" and "Cost of sales", as appropriate.
The three and six months ended June 30, 2015 include $1.7 million and $2.6 million of Boise acquisition integration-related and other costs, 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".
(c) | The three and six months ended June 30, 2015 include $2.0 million and $4.6 million, respectively, of Boise acquisition integration-related and other costs, mostly recorded in "Other expense, net". Boise acquisition integration-related and other costs, primarily 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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&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=68060357&loc=d3e8906-108599 + Details
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