XML 56 R40.htm IDEA: XBRL DOCUMENT v3.20.4

Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Consumer Products

Our Consumer Products segment manufactures and sells a complete line of at-home tissue products, or retail products, and minor amounts of away-from-home tissue products and parent rolls. Retail products include bath, paper towels, facial and napkin product categories. Each category is further distinguished according to quality segments: ultra, premium, value and economy.

Pulp and Paperboard

Our Pulp and Paperboard segment manufactures and markets solid bleached sulfate paperboard for the high-end segment of the packaging industry as well as offers custom sheeting, slitting and cutting of paperboard. Our overall production consists primarily of folding carton, liquid packaging, cup and plate products and commercial printing grades. The majority of our Pulp and Paperboard customers are packaging converters, folding carton converters, merchants and commercial printers.

The table below presents information about our reportable segments:

(In millions)						2020						2019						2018
Segment net sales:
Consumer Products						$	1,032.7					$	906.8					$	884.8
Pulp and Paperboard						835.9						854.7						839.4
Total segment net sales						$	1,868.6					$	1,761.5					$	1,724.2
Operating income (loss):
Consumer Products						$	109.2					$	(6.6)					$	0.3
Pulp and Paperboard						126.0						115.3						130.9
Corporate						(63.0)						(57.0)						(51.5)
Goodwill impairment						—						—						(195.1)
Other operating charges, net						(14.0)						(6.3)						17.5
Income (loss) from operations						$	158.1					$	45.4					$	(97.9)
Depreciation and amortization:
Consumer Products						$	68.5					$	69.7					$	57.8
Pulp and Paperboard						36.7						39.4						37.8
Corporate						5.8						6.5						6.3
Total depreciation and amortization						$	111.0					$	115.6					$	101.9
Assets:
Consumer Products						$	1,079.9					$	1,147.1					$	1,094.1
Pulp and Paperboard						614.9						652.2						638.8
Corporate						105.6						78.4						55.2
Total assets						$	1,800.4					$	1,877.7					$	1,788.1
Capital expenditures:
Consumer Products						$	17.4					$	114.9					$	262.7
Pulp and Paperboard						20.4						16.7						20.9
						37.8						131.6						283.6
Corporate						1.9						8.5						12.1
Total capital expenditures						$	39.6					$	140.1					$	295.7

Revenue from External Customers by Geographic Areas [Table Text Block]

Our manufacturing facilities and all other assets are located within the continental United States. We sell and ship our products to customers in several foreign countries. Net sales, classified by the major geographic areas in which our customers are located and by major products, were as follows:

(In millions)						2020						2019						2018
Primary geographical markets:
United States						$	1,766.2					$	1,686.2					$	1,648.6
Other Countries						102.4						75.3						75.6
Total Net Sales						$	1,868.6					$	1,761.5					$	1,724.2
Major products:
Retail tissue						$	975.8					$	845.6					$	794.4
Paperboard						828.3						846.7						835.5
Non-retail tissue						41.1						56.5						88.2
Other						23.4						12.7						6.0
Total net sales						$	1,868.6					$	1,761.5					$	1,724.2

Revenue from External Customers by Products and Services [Table Text Block]

Our manufacturing facilities and all other assets are located within the continental United States. We sell and ship our products to customers in several foreign countries. Net sales, classified by the major geographic areas in which our customers are located and by major products, were as follows:

(In millions)						2020						2019						2018
Primary geographical markets:
United States						$	1,766.2					$	1,686.2					$	1,648.6
Other Countries						102.4						75.3						75.6
Total Net Sales						$	1,868.6					$	1,761.5					$	1,724.2
Major products:
Retail tissue						$	975.8					$	845.6					$	794.4
Paperboard						828.3						846.7						835.5
Non-retail tissue						41.1						56.5						88.2
Other						23.4						12.7						6.0
Total net sales						$	1,868.6					$	1,761.5					$	1,724.2

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph a
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599

+ Details

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=120311839&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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

+ 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