Restructuring and Other Charges (Tables)

12 Months Ended

Dec. 31, 2018

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs [Table Text Block]

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

In millions	2017
Early debt extinguishment costs (see Note 15)	$	83
Gain on sale of investment in ArborGen	(14		)
Other	(2		)
Total	$	67

During 2018, restructuring and other charges, net, totaling $29 million before taxes were recorded. These charges included:

In millions	2018
EMEA packaging restructuring (a)	$	47
Gain on sale of investment in Liaison Technologies Inc.	(31		)
Early debt extinguishment costs (see Note 15)	10
Riverdale mill conversion severance (b)	3
Total	$	29

(a) Includes $33 million of severance, $6 million in accelerated depreciation, $2 million in accelerated amortization and $6 million in other charges in conjunction with the optimization of our EMEA Packaging business. The majority of the severance charges recorded were paid throughout the year.

(b) Includes severance related to 51 employees.

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

In millions	2016
Early debt extinguishment costs (see Note 15)	$	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.