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Stockholders' Equity | 9 Months Ended
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Sep. 30, 2016
Equity [Abstract] |
Stockholders' Equity | Stockholders' Equity Dividends During the nine months ended September 30, 2016, we paid $156.7 million of dividends to shareholders. On August 31, 2016 PCA announced an increase of its quarterly cash dividend on its common stock from an annual payout of $2.20 per share to $2.52 per share. Also, on August 31, 2016 PCA's Board of Directors declared a regular quarterly cash dividend of $0.63 per share, which was paid on October 14, 2016 to shareholders of record as of September 15, 2016. The October 2016 dividend payment was $59.4 million. Repurchases of Common Stock On February 25, 2016 PCA announced that its Board of Directors authorized the repurchase of an additional $200.0 million of the Company’s outstanding common stock. Repurchases may be made from time to time in open market or privately negotiated transactions in accordance with applicable securities regulations. The timing and amount of repurchases will be determined by the Company in its discretion based on factors such as PCA’s stock price and market and business conditions. During the nine months ended September 30, 2016, we paid $100.3 million to repurchase 1,987,187 shares of common stock. Accumulated Other Comprehensive Income (Loss) Changes in accumulated other comprehensive income (loss) (AOCI) by component were as follows. Amounts in parentheses indicate losses (dollars in millions):
|  | Unrealized Loss On Treasury Locks, Net |  | Unrealized Loss on Foreign Exchange Contracts |  | Unfunded Employee Benefit Obligations |  | Total
Balance at January 1, 2016 |  | $ | (21.2 | ) |  | $ | (0.4 | ) |  | $ | (103.3 | ) |  | $ | (124.9 | )
Other comprehensive income (loss) before reclassifications, net of tax |  | — |  |  | — |  |  | 3.1 |  |  | 3.1 |
Amounts reclassified from AOCI, net of tax |  | 2.6 |  | (a) | — |  |  | 5.0 |  | (b) | 7.6 |
Balance at September 30, 2016 |  | $ | (18.6 | ) |  | $ | (0.4 | ) |  | $ | (95.2 | ) |  | $ | (114.2 | )
Reclassifications out of AOCI were as follows. Amounts in parentheses indicate expenses in the Consolidated Statements of Income (dollars in millions):
|  | Amounts Reclassified from AOCI |  |
|  | Three Months Ended September 30 |  | Nine Months Ended September 30 |  | Affected Line Item in the Statement Where Net Income is Presented
Details about AOCI Components |  | 2016 |  | 2015 |  | 2016 |  | 2015 |
Foreign currency translation adjustments |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (4.2 | ) |  | Other expense, net
|  | — |  |  | — |  |  | — |  |  | — |  |  | Tax benefit
|  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (4.2 | ) |  | Net of tax
Unrealized loss on treasury locks, net |  | $ | (1.4 | ) |  | $ | (1.4 | ) |  | $ | (4.2 | ) |  | $ | (4.2 | ) |  | See (a) below
|  | 0.5 |  |  | 0.5 |  |  | 1.6 |  |  | 1.6 |  |  | Tax benefit
|  | $ | (0.9 | ) |  | $ | (0.9 | ) |  | $ | (2.6 | ) |  | $ | (2.6 | ) |  | Net of tax
Unfunded employee benefit obligations |  |  |  |  |  |  |  |  |  |
Amortization of prior service costs |  | $ | (1.3 | ) |  | $ | (1.4 | ) |  | $ | (4.2 | ) |  | $ | (4.2 | ) |  | See (b) below
Amortization of actuarial losses |  | (1.5 | ) |  | (2.1 | ) |  | (3.9 | ) |  | (6.5 | ) |  | See (b) below
|  | (2.8 | ) |  | (3.5 | ) |  | (8.1 | ) |  | (10.7 | ) |  | Total before tax
|  | 1.0 |  |  | 1.4 |  |  | 3.1 |  |  | 4.2 |  |  | Tax benefit
|  | $ | (1.8 | ) |  | $ | (2.1 | ) |  | $ | (5.0 | ) |  | $ | (6.5 | ) |  | Net of tax
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(a) | This AOCI component is included in interest expense, net. Amount relates to the amortization of the effective portion of treasury lock derivative instruments recorded in AOCI. The net amount of settlement gains or losses on derivative instruments included in AOCI to be amortized over the next 12 months is a net loss of $5.7 million ($3.5 million after tax). For a discussion of treasury lock derivative instrument activity, see Note 14, Derivative Instruments and Hedging Activities, of the Notes to Consolidated Financial Statements in "Part II, Item 8. Financial Statements and Supplementary Data" of our 2015 Annual Report on Form 10-K.
(b) | These AOCI components are included in the computation of net pension and postretirement benefit costs. See Note 11, Employee Benefit Plans and Other Postretirement Benefits, for additional information.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74567-122707 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(31)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(d)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 16: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 + Details
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