XML 60 R42.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Segment Informaiton (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Segment Reporting [Abstract] |
Revenue from External Customers by Product Line | Segment sales to external customers by product line were as follows (dollars in millions):
| Year Ended December 31
2016 |  | 2015 |  | 2014
Packaging sales | $ | 4,584.8 |  |  | $ | 4,477.3 |  |  | $ | 4,540.3 |
Paper sales |  |  |  |  |
White papers | 1,065.8 |  |  | 1,089.6 |  |  | 1,138.5 |
Market pulp | 28.1 |  |  | 53.5 |  |  | 62.9 |
| 1,093.9 |  |  | 1,143.1 |  |  | 1,201.4 |
Corporate and Other | 100.3 |  |  | 121.3 |  |  | 110.9 |
| $ | 5,779.0 |  |  | $ | 5,741.7 |  |  | $ | 5,852.6 |
Analysis of Operations by Reportable Segment | An analysis of operations by reportable segment is as follows (dollars in millions):
|  | Sales, net |  | Operating Income (Loss) |  | Depreciation, Amortization, and Depletion |  | Capital Expenditures (j) |  | Assets
Year Ended December 31, 2016 |  | Trade |  | Inter- segment |  | Total |  |  |  |
Packaging |  | $ | 4,577.4 |  |  | $ | 7.4 |  |  | $ | 4,584.8 |  |  | $ | 711.1 |  | (a) | $ | 293.3 |  |  | $ | 239.9 |  |  | $ | 4,530.5 |
Paper |  | 1,093.9 |  |  | — |  |  | 1,093.9 |  |  | 138.1 |  | (b) | 59.6 |  |  | 31.6 |  |  | 946.2 |
Corporate and Other |  | 107.7 |  |  | 139.2 |  |  | 246.9 |  |  | (68.9 | ) | (c) | 5.1 |  |  | 2.8 |  |  | 300.3 |
Intersegment eliminations |  | — |  |  | (146.6 | ) |  | (146.6 | ) |  | — |  |  | — |  |  | — |  |  | — |
|  | $ | 5,779.0 |  |  | $ | — |  |  | $ | 5,779.0 |  |  | 780.3 |  |  | $ | 358.0 |  |  | $ | 274.3 |  |  | $ | 5,777.0 |
Interest expense, net |  |  |  |  |  |  |  | (91.8 | ) |  |  |  |  |  |
Income before taxes |  |  |  |  |  |  |  | $ | 688.5 |  |  |  |  |  |  |
|  | Sales, net |  | Operating Income (Loss) |  | Depreciation, Amortization, and Depletion |  | Capital Expenditures (j) |  | Assets
Year Ended December 31, 2015 |  | Trade |  | Inter- segment |  | Total |  |  |  |
Packaging |  | $ | 4,474.1 |  |  | $ | 3.2 |  |  | $ | 4,477.3 |  |  | $ | 714.9 |  | (d) | $ | 297.3 |  |  | $ | 250.3 |  |  | $ | 4,027.9 |
Paper |  | 1,143.1 |  |  | — |  |  | 1,143.1 |  |  | 112.5 |  | (e) | 54.9 |  |  | 58.5 |  |  | 976.5 |
Corporate and Other |  | 124.5 |  |  | 133.8 |  |  | 258.3 |  |  | (77.4 | ) | (f) | 4.3 |  |  | 5.7 |  |  | 267.9 |
Intersegment eliminations |  | — |  |  | (137.0 | ) |  | (137.0 | ) |  | — |  |  | — |  |  | — |  |  | — |
|  | $ | 5,741.7 |  |  | $ | — |  |  | $ | 5,741.7 |  |  | 750.0 |  |  | $ | 356.5 |  |  | $ | 314.5 |  |  | $ | 5,272.3 |
Interest expense, net |  |  |  |  |  |  |  | (85.5 | ) |  |  |  |  |  |
Income before taxes |  |  |  |  |  |  |  | $ | 664.5 |  |  |  |  |  |  |
|  | Sales, net |  | Operating Income (Loss) |  | Depreciation, Amortization, and Depletion |  | Capital Expenditures (j) |  | Assets
Year Ended December 31, 2014 |  | Trade |  | Inter- segment |  | Total |  |  |  |
Packaging |  | $ | 4,534.5 |  |  | $ | 5.8 |  |  | $ | 4,540.3 |  |  | $ | 663.2 |  | (g) | $ | 323.0 |  |  | $ | 362.1 |  |  | $ | 4,105.3 |
Paper |  | 1,201.4 |  |  | — |  |  | 1,201.4 |  |  | 135.4 |  |  | 50.6 |  |  | 51.7 |  |  | 968.6 |
Corporate and Other |  | 116.7 |  |  | 144.9 |  |  | 261.6 |  |  | (95.9 | ) | (h) | 7.4 |  |  | 6.4 |  |  | 184.8 |
Intersegment eliminations |  | — |  |  | (150.7 | ) |  | (150.7 | ) |  | — |  |  | — |  |  | — |  |  | — |
|  | $ | 5,852.6 |  |  | $ | — |  |  | $ | 5,852.6 |  |  | 702.7 |  |  | $ | 381.0 |  |  | $ | 420.2 |  |  | $ | 5,258.7 |
Interest expense, net |  |  |  |  |  |  |  | (88.4 | ) | (i) |  |  |  |  |
Income before taxes |  |  |  |  |  |  |  | $ | 614.3 |  |  |  |  |  |  |
____________
(a) | Includes $9.3 million of closure costs related to corrugated product facilities.
Includes $4.2 million of acquisition-related costs for the TimBar Corporation and Columbus Container, Inc. acquisitions. Includes $0.9 million of costs related to our withdrawal from a multiemployer pension plan for one of our corrugated products facilities.
(b) | Includes $2.7 million of costs related to ceased softwood market pulp operations at our Wallula, Washington mill and the permanent shut down of the No.1 machine.
Includes $1.7 million of closure costs related to a paper products facility.
(c) | Includes $0.3 million of acquisition-related costs for the TimBar Corporation acquisition.
(d) | Includes net charges of $2.0 million primarily related to restructuring activities at our mill in DeRidder, Louisiana and $4.1 million of Boise acquisition integration-related and other costs.
(e) | In September 2015, we sold the remaining land, buildings, and equipment at our paper mill site in St. Helens, Oregon where we ceased paper production in December 2012. We recorded a $6.7 million gain on the sale.
(f) | Includes $9.3 million of Boise acquisition integration-related and other costs. These costs primarily relate to professional fees, severance, retention, relocation, travel, and other integration-related costs.
(g) | Includes $65.8 million of costs related primarily to the conversion of the No. 3 newsprint machine at our DeRidder, Louisiana mill to produce lightweight linerboard and corrugating medium, and our exit from the newsprint business in September 2014. Includes $4.9 million of Boise acquisition integration-related and other costs.
(h) | Includes $13.5 million of Boise acquisition integration-related and other costs and $17.6 million of costs 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.
(i) | Includes $1.5 million of expense related to the write-off of deferred financing costs in connection with the debt refinancing discussed in Note 9, Debt.
(j) | Includes "Additions to property, plant, and equipment" and excludes cash used for "Acquisitions of businesses, net of cash acquired" as reported on our Consolidated Statements of Cash Flows.

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: 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 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration