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Other Income (Expense), Net (Tables)
9 Months Ended
Sep. 30, 2023
Other Income and Expenses [Abstract]  
Components of Other Income (Expense), Net

The components of other expense, net, were as follows (dollars in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Asset disposals and write-offs

 

$

(9.0

)

 

$

(7.5

)

 

$

(22.2

)

 

$

(33.9

)

Facilities closure and other income (costs) (a)

 

 

0.1

 

 

 

0.2

 

 

 

(7.0

)

 

 

0.4

 

Jackson mill conversion-related activities (b)

 

 

 

 

 

(2.7

)

 

 

(1.5

)

 

 

(4.8

)

Other

 

 

(1.0

)

 

 

(2.9

)

 

 

(6.4

)

 

 

(6.4

)

Total

 

$

(9.9

)

 

$

(12.9

)

 

$

(37.1

)

 

$

(44.7

)

 

(a)
For the three and nine months ended September 30, 2023, includes income and charges consisting of closure costs related to the closure of corrugated products facilities and design centers. Included therein are closure costs as well as the gain on sale of a corrugated products facility. For the three months ended September 30, 2022, includes income consisting of a gain on sale of assets related to a corrugated products facility, partially offset by charges consisting of closure costs related to corrugated products facilities. For the nine months ended September 30, 2022, includes income primarily related to insurance proceeds received for a natural disaster at one of the corrugated products facilities and a gain on sale of assets related to a corrugated products facility, partially offset by closure costs related to corrugated products facilities and acquisition and integration costs related to the December 2021 Advance Packaging acquisition.

 

(b)
Includes charges related to the announced discontinuation of production of uncoated freesheet paper grades on the No. 3 machine at the Jackson, Alabama mill associated with the permanent conversion of the machine to produce linerboard and other paper-to-containerboard conversion related activities.