Other Operating Charges, net

12 Months Ended

Dec. 31, 2020

Other Income and Expenses [Abstract]

The major components of “Other operating charges, net” in the Consolidated Statements of Operations for the years ended December 31 are reflected in the table below:


	Years Ended December 31,
(In millions)	2020		2019		2018
Reorganization expenses	$	3.4	$	2.9	$	8.0
Union settlement	6.6		—		—
Miscellaneous environmental accruals	2.5		1.0		—
Directors' equity-based compensation expense (benefit)	2.9		0.3		(2.3)
Gain on divested assets, net	(1.4)		—		(24.0)

Other	—		2.1		0.8
	$	14.0	$	6.3	$	(17.5)

2020

During 2020, we recorded a $14.0 million net loss in "Other operating charges, net". The components of the net loss include:

•expenses of $3.4 million related to reorganization expenses,

•expenses of $6.6 million associated with union settlement retroactive wage payments ($2.6 million associated

with Consumer Products and $4.0 million associated with Paperboard segments),

•expense of $2.5 million associated with certain environmental liabilities primarily related to asbestos remediation,

•expense of $2.9 million relating to directors' equity based compensation

•gain of $1.4 million associated with the Ladysmith Consumer Products facility sale escrow release, and

2019

During 2019, we recorded a $6.3 million net loss in "Other operating charges, net". The components of the net loss include:

•expenses of $2.9 million related to reorganization expenses, and

•expenses of $1.0 million associated with certain environmental liabilities primarily related to asbestos remediation.

2018

During 2018, we recorded a $17.5 million net gain in "Other operating charges, net". The components of the net gain include:

•income of $2.3 million relating to directors' equity based compensation,

•a gain of $24.0 million related to the sale of the Ladysmith facility (see Note 9 "Asset Divestiture" for further discussion), and

•expenses of $8.0 million related to reorganization expenses.