Restructuring and Other Charges (Tables)

12 Months Ended

Dec. 31, 2017

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs [Table Text Block]

During 2016, total restructuring and other charges of $54 million before taxes were recorded. These charges included:

In millions	2016
Early debt extinguishment costs (see Note 13)	$	29
India packaging evaluation write-off	17
Gain on sale of investment in Arizona Chemical	(8		)
Riegelwood mill conversion costs (a)	9
Turkey mill closure (b)	7
Total	$	54

(a) Includes $3 million of accelerated depreciation, $3 million of inventory write-off charges and $3 million of other charges.

(b) Includes $4 million of accelerated depreciation and $3 million of severance charges which is related to 85 employees.

During 2017, restructuring and other charges totaling $67 million before taxes were recorded. These charges included:

In millions	2017
Early debt extinguishment costs (see Note 13)	$	83
Gain on sale of investment in ArborGen	(14		)
Other	(2		)
Total	$	67

During 2015, total restructuring and other charges of $252 million before taxes were recorded. These charges included:

In millions	2015
Early debt extinguishment costs (see Note 13)	$	207
Timber monetization restructuring	16
Legal liability reserve adjustment	15
Riegelwood mill conversion costs net of proceeds from the sale of Carolina Coated Bristols brand (a)	8
Other	6
Total	$	252

(a) Includes $5 million of severance charges, which is related to 69 employees, $24 million of accelerated depreciation, sale proceeds of $22 million and $1 million of other charges.