XML 167 R150.htm IDEA: XBRL DOCUMENT v3.20.4
Interim Financial Results (Footnotes) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Business Acquisition [Line Items]                      
Net (gains) losses on sales and impairments of businesses                 $ 465.0 $ 205.0 $ 122.0
Asbestos litigation reserve adjustment     $ 43.0                
Environmental remediation reserve adjustment   $ 7.0   $ 41.0 $ 10.0 $ 15.0          
Gain (Loss) on Disposition of Business         1.0 (9.0)   $ (7.0) 0.0 0.0 (488.0)
Abandoned property removal     5.0 9.0 15.0 13.0 $ 11.0 11.0      
Restructuring and other charges, net                 195.0 57.0 29.0
Increase (Decrease) in Income Taxes Receivable         (6.0)            
Printing Papers business spin-off costs $ 9.0                    
Litigation reserves         19.0 22.0          
Italian antitrust fine           32.0     0.0 32.0 0.0
Multi-employer pension plan exit liability           7.0   16.0      
Other items 4.0 1.0 0.0 (3.0) 3.0   1.0        
Non-operating pension (income) expense (10.0) (11.0) (14.0) (6.0) (9.0) (9.0) (8.0) (10.0) (41.0) 36.0 494.0
Pre-tax charges (gains) 191.0 98.0 54.0 378.0 145.0 105.0 173.0 31.0      
Luxembourg statutory tax rate change             9.0   7.0 0.0 (13.0)
State income tax legislative changes (32.0)           (3.0)        
Foreign tax audits             3.0        
Internal investment restructuring         (53.0)            
Foreign deferred tax valuation allowance         203.0       0.0 203.0 0.0
Tax impact of other special items (18.0) (26.0) (18.0) (12.0) (28.0) (14.0) (5.0) (6.0)      
Non-operating pension expense (income), tax (2.0) (4.0) (3.0) (1.0) (2.0) (2.0) (2.0) (2.0)      
Other Tax Expense (Benefit) (48.0) (22.0) (15.0) (11.0) 120.0 (16.0) 2.0 (8.0)      
Graphic Packaging LLC [Member] | Reportable Subsegments [Member]                      
Business Acquisition [Line Items]                      
Gain on sale of portion of equity investment in Graphic Packaging       (33.0)              
Global Cellulose Fibers                      
Business Acquisition [Line Items]                      
Global Cellulose Fibers goodwill impairment         52.0         52.0  
Olmuksan [Member]                      
Business Acquisition [Line Items]                      
Net (gains) losses on sales and impairments of businesses 123.0                    
Brazil Industrial Packaging Total                      
Business Acquisition [Line Items]                      
Net (gains) losses on sales and impairments of businesses 0.0 (4.0) 8.0 344.0              
Riverdale mill conversion                      
Business Acquisition [Line Items]                      
Restructuring and other charges, net       1.0 2.0 1.0 1.0 $ 1.0     3.0
Early debt extinguishment costs (see Note 13)                      
Business Acquisition [Line Items]                      
Restructuring and other charges, net 65.0 $ 105.0 18.0 8.0 21.0       196.0 21.0 10.0
EMEA packaging restructuring                      
Business Acquisition [Line Items]                      
Restructuring and other charges, net         17.0         15.0 [1] $ 47.0 [2]
Overhead cost reduction initiative                      
Business Acquisition [Line Items]                      
Restructuring and other charges, net           21.0       21.0 [3]  
Disposal Group, Held-for-sale, Not Discontinued Operations [Member] | APPM [Member]                      
Business Acquisition [Line Items]                      
Net (gains) losses on sales and impairments of businesses     $ (6.0) $ 17.0 (1.0) 8.0 152.0     $ 159.0  
India divestiture transaction costs         $ 3.0            
Gain (loss) on sale of assets and impairment charge allocated to minority interest           $ (2.0) $ (7.0)   $ (9.0)    
Disposal Group, Held-for-sale, Not Discontinued Operations [Member] | Olmuksan [Member]                      
Business Acquisition [Line Items]                      
Net (gains) losses on sales and impairments of businesses $ 123.0                    
[1] Includes $14 million of severance and $1 million in other charges in conjunction with the restructuring of our EMEA Packaging business. The majority of the severance charges were paid in 2020.
[2] 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 2018.
[3] Includes pre-tax charges of $11 million, $6 million and $4 million in Corporate, the Printing Papers segment and the Global Cellulose Fibers segment, respectively, for severance related to an overhead cost reduction initiative. The majority of the severance charges were paid in 2020.