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INDUSTRY SEGMENT INFORMATION (Operating Profit by Industry Segment) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Segment Reporting Information [Line Items]        
Operating profit $ 781 $ 665 $ 1,480 $ 1,777
Interest expense, net (158) (146) (465) (478)
Noncontrolling interests/equity earnings adjustment (2) [1] (3) [1] 0 [1] 1 [1]
Corporate items, net (3) (20) (16) (57)
Restructuring and other charges (18) (15) (281) (9)
Non-operating pension expense (54) (78) (159) (245)
Earnings (Loss) From Continuing Operations Before Income Taxes and Equity Earnings 552 403 565 989
Equity earnings (loss), net of taxes (72) 16 (64) (30)
Ilim Holding [Member]
       
Segment Reporting Information [Line Items]        
Equity earnings (loss), net of taxes (70) 11 (58) (34)
Industrial Packaging [Member]
       
Segment Reporting Information [Line Items]        
Operating profit 527 [2] 499 [3] 1,517 [2] 1,328 [3]
Printing Papers [Member]
       
Segment Reporting Information [Line Items]        
Operating profit 177 [4] 93 [5] (164) [4] 318 [5]
Interest expense, net 6   6  
Consumer Packaging [Member]
       
Segment Reporting Information [Line Items]        
Operating profit 77 [6] 73 [7] 127 [6] 131 [7]
Corporate and Other [Member]
       
Segment Reporting Information [Line Items]        
Interest expense, net $ (152) [8] $ (146) $ (459) [8] $ (478) [9]
[1] 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.
[2] Includes charges of $1 million for the three months ended September 30, 2014 and $15 million for the nine months ended September 30, 2014 for integration costs associated with the acquisition of Temple-Inland, a net gain of $5 million for the nine months ended September 30, 2014 associated with our Brazil Packaging business, charges of $35 million for the three months and nine months ended September 30, 2014 for costs associated with a multi-employer pension plan withdrawal liability, charges of $5 million for the three months and nine months ended September 30, 2014 for costs related to the restructuring of our EMEA packaging business, and charges of $1 million for the three months ended September 30, 2014 and net charges of $3 million for the nine months ended September 30, 2014 for other items.
[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 $3 million for the three months ended September 30, 2014 and $547 million for the nine months ended September 30, 2014 for costs associated with the shutdown of our Courtland, Alabama mill, a gain of $20 million (including $2 million of interest income) for the three months and nine months ended September 30, 2014 for the resolution of a legal contingency for India, and charges of $32 million (including $8 million of interest expense) for the three months and nine months ended September 30, 2014 for costs associated with a foreign tax amnesty program.
[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 charge of $2 million for the three months ended September 30, 2014 and $4 million for the nine months ended September 30, 2014 for costs associated with the Coated Paperboard sheet plant closures.
[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] Excludes net interest expense of $6 million that is included in the Printing Papers segment operating profit for the three months and nine months ended September 30, 2014.
[9] Includes a gain of $6 million for interest related to the settlement of an IRS tax audit for the nine months ended September 30, 2013.