XML 52 R38.htm IDEA: XBRL DOCUMENT
v3.22.4

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | 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. Consumer Products Our Consumer Products segment manufactures and sells a complete line of at-home tissue products, or retail products, and minor amounts of parent rolls. The table below presents information about our reportable segments:
| 2022 | 2021 | 2020
Segment net sales: |  |  |
Pulp and Paperboard | $ | 1,136.3 |  | $ | 946.0 |  | $ | 877.1 |
Consumer Products | 950.2 |  | 835.0 |  | 1,018.5 |
Eliminations | (6.4) |  | (8.4) |  | (27.0) |
Total segment net sales | $ | 2,080.1 |  | $ | 1,772.6 |  | $ | 1,868.6 |
Operating income (loss): |  |  |
Pulp and Paperboard | $ | 183.5 |  | $ | 125.7 |  | $ | 124.5 |
Consumer Products | 11.3 |  | 4.0 |  | 110.6 |
Corporate and eliminations | (71.1) |  | (60.1) |  | (63.0) |
Other operating charges, net | (9.7) |  | (57.7) |  | (14.0) |
Income from operations | $ | 113.9 |  | $ | 12.0 |  | $ | 158.1 |
Depreciation and amortization: |  |  |
Pulp and Paperboard | $ | 37.0 |  | $ | 35.7 |  | $ | 36.7 |
Consumer Products | 62.9 |  | 64.9 |  | 68.5 |
Corporate | 3.4 |  | 4.4 |  | 5.8 |
Total depreciation and amortization | $ | 103.3 |  | $ | 105.0 |  | $ | 111.0 |
Assets: |  |  |
Pulp and Paperboard | $ | 641.8 |  | $ | 621.1 |  | $ | 614.9 |
Consumer Products | 951.1 |  | 986.2 |  | 1,079.9 |
Corporate | 110.6 |  | 82.8 |  | 105.6 |
Total assets | $ | 1,703.5 |  | $ | 1,690.1 |  | $ | 1,800.4 |
Capital expenditures: |  |  |
Pulp and Paperboard | $ | 24.4 |  | $ | 20.7 |  | $ | 20.4 |
Consumer Products | 8.2 |  | 17.3 |  | 17.4 |
| 32.6 |  | 38.0 |  | 37.8 |
Corporate | 0.9 |  | 0.4 |  | 1.9 |
Total capital expenditures | $ | 33.5 |  | $ | 38.4 |  | $ | 39.6 |
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:
| 2022 | 2021 | 2020
Primary geographical markets: |  |  |
United States | $ | 1,982.8 |  | $ | 1,670.2 |  | $ | 1,766.2 |
Other Countries | 97.3 |  | 102.4 |  | 102.4 |
Total Net Sales | $ | 2,080.1 |  | $ | 1,772.6 |  | $ | 1,868.6 |
Major products: |  |  |
Paperboard | $ | 1,104.8 |  | $ | 894.9 |  | $ | 828.0 |
Retail tissue | 932.3 |  | 797.9 |  | 975.7 |
Away-from-home tissue 1 | — |  | 16.3 |  | 32.0 |
Pulp | 19.5 |  | 34.8 |  | 41.4 |
Other | 29.9 |  | 37.0 |  | 18.4 |
Eliminations | (6.4) |  | (8.4) |  | (27.0) |
Total net sales | $ | 2,080.1 |  | $ | 1,772.6 |  | $ | 1,868.6 |
1 In the third quarter of 2021, we exited our away-from-home business with the shutdown of our Neenah, Wisconsin site.
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:
| 2022 | 2021 | 2020
Primary geographical markets: |  |  |
United States | $ | 1,982.8 |  | $ | 1,670.2 |  | $ | 1,766.2 |
Other Countries | 97.3 |  | 102.4 |  | 102.4 |
Total Net Sales | $ | 2,080.1 |  | $ | 1,772.6 |  | $ | 1,868.6 |
Major products: |  |  |
Paperboard | $ | 1,104.8 |  | $ | 894.9 |  | $ | 828.0 |
Retail tissue | 932.3 |  | 797.9 |  | 975.7 |
Away-from-home tissue 1 | — |  | 16.3 |  | 32.0 |
Pulp | 19.5 |  | 34.8 |  | 41.4 |
Other | 29.9 |  | 37.0 |  | 18.4 |
Eliminations | (6.4) |  | (8.4) |  | (27.0) |
Total net sales | $ | 2,080.1 |  | $ | 1,772.6 |  | $ | 1,868.6 |
1 In the third quarter of 2021, we exited our away-from-home business with the shutdown of our Neenah, Wisconsin site.

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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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