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Note 26 - Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Segment Revenues, Operational EBITDA and Consolidated Earnings from Continuing Operations Before Income Taxes

	Year Ended December 31,
	2024				2023				2022
(in millions)
Print:
Revenues from external customers	$	737			$	828			$	938
Cost of revenues	597					667				797
Selling, general and administrative expenses	130					124				117
Research and development expenses	18					17				19
Operational EBITDA		(8	)			20				5
Advanced Materials and Chemicals:
Revenues from external customers		271				255				234
Cost of revenues	210					203				201
Selling, general and administrative expenses	33					30			23
Research and development expenses	11					12				11
Operational EBITDA		17				10				(1	)
Brand:
Revenues from external customers		20				17				17
Selling, general and administrative expenses	3					2			3
Operational EBITDA		17				15				14
Total Operational EBITDA for Reportable Segments		26				45				18
All Other Operational EBITDA		2				2				3
Depreciation and amortization		(28	)			(30	)			(29	)
Restructuring costs and other		(8	)			(10	)			(13	)
Stock-based compensation		(6	)			(7	)			(5	)
Consulting and other costs (1)		(1	)			13				2
Idle costs (2)		(2	)			(3	)			(3	)
Other operating income (expense), net (3)		10				(6	)			1
Interest expense (3)		(59	)			(52	)			(40	)
Pension income excluding service cost component (3)		173				161				98
Loss on early extinguishment of debt (3)		—				(27	)			—
Other income (charges), net (3)		3				1				(1	)
Consolidated earnings from continuing operations before income taxes	$	110			$	87			$	31

(in millions)	Year Ended December 31,
Intangible asset amortization expense from continuing operations:	2024				2023				2022
Print	$	4			$	4			$	4
Brand		—				—				1
Total	$	4			$	4			$	5
(in millions)	Year Ended December 31,
Depreciation expense from continuing operations:	2024				2023				2022
Print	$	17			$	17			$	17
Advanced Materials and Chemicals		6				7				6
All Other		1				1				1
Total	$	24			$	25			$	24

Schedule of Reconciliation of Reportable Segment Revenues

A reconciliation of reportable segment revenues to consolidated revenues follows:

	Year Ended December 31,
(in millions)	2024				2023				2022
Total Reportable Segment Revenues	$	1,028			$	1,100			$	1,189
All Other Revenues		15				17			16
Total Consolidated Revenues	$	1,043			$	1,117			$	1,205

Long Lived Assets by Geographical Areas

(in millions)	Year Ended December 31,
Long-lived assets located in: (1)	2024				2023
The United States	$	147			$	112
Europe, Middle East and Africa		5				6
Asia Pacific		5				5
Canada and Latin America		36				46
Non-U.S. countries total (2)		46				57
Total	$	193			$	169

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

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