XML 60 R30.htm IDEA: XBRL DOCUMENT v3.3.1.900
Nature of Business and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Property, Plant and Equipment
Depreciation is computed using the straight-line method based on the following estimated useful lives of the related assets:

Buildings
40 years
Land improvements
15 years
Machinery and equipment
3 to 40 years
Furniture and fixtures
10 years
Automobiles, trucks and tractors
3 to 5 years

Property, Plant and Equipment, Net:

In millions
2015
2014
Property, Plant and Equipment, at Cost:
 
 
Land and Improvements
$
101.9

$
100.9

Buildings
379.7

378.3

Machinery and Equipment (2)    
3,844.3

3,612.0

Construction-in-Progress
156.4

81.2

 
4,482.3

4,172.4

Less: Accumulated Depreciation (2)    
(2,895.9
)
(2,625.6
)
Total
$
1,586.4

$
1,546.8


(2) Includes gross assets under capital lease of $8.8 million and related accumulated depreciation of $4.1 million as of December 31, 2015 and gross assets under capital lease of $8.8 million and related accumulated depreciation of $3.4 million as of December 31, 2014.
Finite-Lived Intangible Assets
The following table displays the intangible assets that continue to be subject to amortization and aggregate amortization expense as of December 31, 2015 and 2014:

 
December 31, 2015
 
December 31, 2014
 
 
In millions
Gross Carrying Amount
 Accumulated Amortization
 Net Carrying Amount
 
Gross Carrying Amount
 Accumulated Amortization
Net Carrying Amount
Amortizable Intangible Assets:
 
 
 
 
 
 
 
Customer Relationships
$
627.2

$
(269.0
)
$
358.2

 
$
579.5

$
(226.1
)
$
353.4

Patents, Trademarks and Licenses
119.5

(91.0
)
28.5

 
115.4

(83.2
)
32.2

Total
$
746.7

$
(360.0
)
$
386.7

 
$
694.9

$
(309.3
)
$
385.6
Schedule of Goodwill
The following is a rollforward of goodwill by reportable segment:

In millions
Paperboard Mills
Americas Paperboard Packaging
Europe Paperboard Packaging
Flexible Packaging
Total
Balance at December 31, 2013
$
408.5

$
692.5

$
16.2

$
8.2

$
1,125.4

Disposal of Business
—

(47.2
)
—

(8.2
)
(55.4
)
Acquisition of Businesses
—

—

51.9

—

51.9

Foreign Currency Effects
—

(1.2
)
(2.6
)
—

(3.8
)
Balance at December 31, 2014
$
408.5

$
644.1

$
65.5

$
—

$
1,118.1

Acquisition of Businesses
—

55.6

—

—

55.6

Foreign Currency Effects
—

(1.4
)
(4.5
)
—

(5.9
)
Balance at December 31, 2015
$
408.5

$
698.3

$
61.0

$
—

$
1,167.8
Schedule of Restructuring and Other Special Charges
The following table summarizes the transactions recorded in Restructuring and Other Special Charges in the Consolidated Statements of Operations as of December 31:
In millions
2015
2014
2013
Loss (Gain) on Sale or Closure of Certain Assets
$
1.9

$
180.1

$
(17.9
)
Net Charges Associated with Business Combinations
14.0

12.4

29.2

Other Special Charges
6.1

5.1

1.8

Total
$
22.0

$
197.6

$
13.1