Divestitures

3 Months Ended

Mar. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Divestitures

Divestitures

In 2013, in connection with our decision to exit from the Paper distribution business, we completed the sale of our North American and European Paper businesses. As a result of these transactions, we reported these paper-related operations as Discontinued Operations and reclassified their results from the Other segment to Discontinued Operations in 2013. We recorded a net pre-tax loss on disposal of $25 in 2013 for the disposition of these businesses - $23 in third quarter 2013 and $2 in the fourth quarter 2013. In the first quarter 2014, we recorded net income of $2 in Discontinued Operation primarily representing adjustments of amounts previously recorded due to changes in estimates.

The components of Discontinued Operations for the periods presented are as follows:

	Three Months Ended March 31,
	2014		2013
Revenues	$	—	$	154
Income from operations	$	—	$	5
Gain on disposal	2		—
Net Income Before Income Taxes	2		5
Income tax expense	—		(2		)
Income From Discontinued Operations, Net of Tax	$	2	$	3