XML 49 R93.htm IDEA: XBRL DOCUMENT v2.4.0.8
INDUSTRY SEGMENT INFORMATION (Operating Profit by Industry Segment) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Segment Reporting Information [Line Items]        
Operating profit $ 678 $ 539 $ 1,785 $ 1,427
Interest expense, net (147) (163) (479) [1] (503)
Noncontrolling interests/equity earnings adjustment (3) [2] 0 [2] 1 [2] 8 [2]
Corporate items, net (13) (1) (35) (36)
Restructuring and other charges (26) (15) (23) (40)
Non-operating pension expense (78) (40) (245) (119)
Earnings (Loss) From Continuing Operations Before Income Taxes and Equity Earnings 411 320 1,004 737
Equity earnings (loss), net of taxes 16 34 (30) 52
Ilim Holding [Member]
       
Segment Reporting Information [Line Items]        
Equity earnings (loss), net of taxes 11 33 (34) 48
Industrial Packaging [Member]
       
Segment Reporting Information [Line Items]        
Operating profit 499 [3] 255 [4] 1,328 [3] 730 [4]
Printing Papers [Member]
       
Segment Reporting Information [Line Items]        
Operating profit 93 [5] 202 [6] 318 [5] 452 [6]
Consumer Packaging [Member]
       
Segment Reporting Information [Line Items]        
Operating profit 73 [7] 67 [8] 131 [7] 227 [8]
Distribution [Member]
       
Segment Reporting Information [Line Items]        
Operating profit $ 13 [9] $ 15 [10] $ 8 [9] $ 18 [10]
[1] Includes a gain of $6 million for interest related to the settlement of an IRS tax audit.
[2] Operating profits for industry segments include each segment’s percentage share of the profits of subsidiaries included in that segment that are less than wholly owned. The pre-tax noncontrolling interest and equity earnings for these subsidiaries are adjusted here to present consolidated earnings before income taxes and equity earnings.
[3] Includes charges of $24 million for the three months ended September 30, 2013 and $50 million for the nine months ended September 30, 2013 for integration costs associated with the acquisition of Temple-Inland, a gain of $14 million for the nine months ended September 30, 2013 for a bargain purchase adjustment on the first quarter 2013 acquisition of a majority share of our operations in Turkey, a gain of $9 million for the three months and nine months ended September 30, 2013 related to the sale of the box plant facility in Bellevue, Washington, and charges of $3 million for the three months ended September 30, 2013 and $8 million for the nine months ended September 30, 2013 for other items.
[4] Includes charges of $58 million and $136 million for the three months and nine months ended September 30, 2012 for integration costs associated with the Temple-Inland acquisition, charges of $19 million and $28 million for the three months and nine months ended September 30, 2012 for costs associated with the divestiture of three containerboard mills, charges of $16 million for the three months and nine months ended September 30, 2012 for costs associated with the restructuring of our Packaging business in Europe, a charge of $62 million for the nine months ended September 30, 2012 to adjust the value of the long-lived assets of the Hueneme mill in Oxnard, California to their fair value, a charge of $20 million for the nine months ended September 30, 2012 related to the write-up of the Temple-Inland inventory to fair value, and gains of $6 million and $5 million for the three months and nine months ended September 30, 2012 for other items.
[5] Includes charges of $51 million for the three months and nine months ended September 30, 2013 for costs associated with the announced shutdown of our Courtland, Alabama mill.
[6] Includes a gain of $1 million for the three months ended September 30, 2012 and a net $0 million for the nine months ended September 30, 2012 related to the acquisition of the majority interest in Andhra Pradesh Paper Mills Limited.
[7] Includes charges of $45 million for the nine months ended September 30, 2013 for costs associated with the permanent shutdown of a paper machine at our Augusta, Georgia mill.
[8] Includes a gain of $1 million for the nine months ended September 30, 2012 for adjustments related to the sale of the Shorewood business.
[9] Includes charges of $6 million for the three months ended September 30, 2013 and $30 million for the nine months ended September 30, 2013 for costs associated with the restructuring of the Company's xpedx operations.
[10] Includes charges of $9 million and $42 million for the three months and nine months ended September 30, 2012 for costs associated with the restructuring of the Company's xpedx operation.