Leases and Commitments

12 Months Ended

Dec. 31, 2012

We have entered into operating leases for certain warehouse facilities, automobiles and equipment. The future minimum obligations under operating leases having a noncancelable term in excess of one year are as follows:



	Year Ending December 31
2013	$	174
2014	141
2015	109
2016	89
2017	64
Thereafter	124
Future minimum obligations	$	701

Consolidated rental expense under operating leases was $283, $278 and $296 in 2012, 2011 and 2010, respectively.

We have entered into long-term contracts for the purchase of pulp and utilities, principally electricity. Commitments under these contracts based on current prices are $1,008 in 2013, $178 in 2014, $137 in 2015, $139 in 2016 and $149 in 2017. Total commitments beyond the year 2017 are $490.

Although we are primarily liable for payments on the above-mentioned leases and purchase commitments, our exposure to losses, if any, under these arrangements is not material.

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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