XML 34 R24.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Segment Information
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Reportable Segments Information Segment Information
We operate in two segments: Pulp and Paperboard and Consumer Products. Our business units have been aggregated into these two segments based upon the similarity of economic characteristics, customers and distribution methods. Our results of operations are summarized below for each of these segments separately. Segment information was prepared in accordance with the same accounting principles as those described in Note 1 of the Notes to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2023.
Quarter Ended June 30,Six Months Ended June 30,
2024202320242023
Segment net sales:
Pulp and Paperboard$333.6 $272.3 $578.1 $551.0 
Consumer Products252.8 253.6 505.9 502.0 
Eliminations— (1.3)(1.4)(3.0)
Net sales$586.4 $524.6 $1,082.6 $1,050.0 
Operating income (loss):
Pulp and Paperboard$(12.2)$42.0 $13.1 $99.1 
Consumer Products27.4 25.0 59.0 29.2 
Corporate and eliminations(17.7)(20.1)(36.2)(40.6)
Other operating (income) charges, net(17.0)0.4 (25.0)(0.6)
Income (loss) from operations$(19.5)$47.3 $10.9 $87.1 
June 30, 2024December 31, 2023
Assets:
Pulp and Paperboard$1,483.4 $665.8 
Consumer Products894.1 917.2 
Corporate100.9 88.8 
Total Assets$2,478.4 $1,671.8 
Net sales, classified by major products, were as follows:
Quarter Ended June 30,Six Months Ended June 30,
2024202320242023
Major products:
Paperboard$331.5 $263.0 $571.9 $536.4 
Retail tissue252.0 252.8 502.8 498.8 
Pulp0.2 7.0 2.5 10.3 
Other2.8 3.1 6.8 7.5 
Eliminations— (1.3)(1.4)(3.0)
Total net sales$586.4 $524.6 $1,082.6 $1,050.0