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Segment Information (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

The Company has disclosed income (loss) from operations as the primary measure of segment earnings (loss).  This is the measure of profitability used by the Company’s chief operating decision-maker and is most consistent with the presentation of profitability reported with the condensed consolidated and combined financial statements.   

    

 

 

 

 

 

 

Income (loss)

 

 

 

 

 

 

Depreciation

 

 

 

 

 

Year Ended

 

Net

 

 

from

 

 

Assets of

 

 

and

 

 

Capital

 

December 31, 2017

 

Sales

 

 

Operations

 

 

Operations

 

 

Amortization

 

 

Expenditures

 

Magazines, Catalogs and Logistics

 

$

1,583

 

 

$

(73

)

 

$

780

 

 

$

72

 

 

$

24

 

Book

 

 

1,022

 

 

 

62

 

 

 

553

 

 

 

60

 

 

 

13

 

Office Products

 

 

495

 

 

 

42

 

 

 

377

 

 

 

15

 

 

 

5

 

Total reportable segments

 

 

3,100

 

 

 

31

 

 

 

1,710

 

 

 

147

 

 

 

42

 

Other

 

 

503

 

 

 

28

 

 

 

222

 

 

 

11

 

 

 

10

 

Corporate

 

 

—

 

 

 

(78

)

 

 

82

 

 

 

2

 

 

 

8

 

Total operations

 

$

3,603

 

 

$

(19)

 

 

$

2,014

 

 

$

160

 

 

$

60

 

 

 

 

 

 

 

 

Income (loss)

 

 

 

 

 

 

Depreciation

 

 

 

 

 

Year Ended

 

Net

 

 

from

 

 

Assets of

 

 

and

 

 

Capital

 

December 31, 2016

 

Sales

 

 

Operations

 

 

Operations

 

 

Amortization

 

 

Expenditures

 

Magazines, Catalogs and Logistics

 

$

1,526

 

 

$

28

 

 

$

638

 

 

$

76

 

 

$

19

 

Book

 

 

1,097

 

 

 

86

 

 

 

626

 

 

 

67

 

 

 

10

 

Office Products

 

 

527

 

 

 

54

 

 

 

323

 

 

 

15

 

 

 

3

 

Total reportable segments

 

 

3,150

 

 

 

168

 

 

 

1,587

 

 

 

158

 

 

 

32

 

Other

 

 

504

 

 

 

27

 

 

 

237

 

 

 

12

 

 

 

10

 

Corporate

 

 

—

 

 

 

(65)

 

 

 

128

 

 

 

1

 

 

 

6

 

Total operations

 

$

3,654

 

 

$

130

 

 

$

1,952

 

 

$

171

 

 

$

48

 

 

 

 

 

 

 

 

Income (loss)

 

 

 

 

 

 

Depreciation

 

 

 

 

 

Year Ended

 

Net

 

 

from

 

 

Assets of

 

 

and

 

 

Capital

 

December 31, 2015

 

Sales

 

 

Operations

 

 

Operations

 

 

Amortization

 

 

Expenditures

 

Magazines, Catalogs and Logistics

 

$

1,696

 

 

$

42

 

 

$

721

 

 

$

94

 

 

$

22

 

Book

 

 

925

 

 

 

42

 

 

 

594

 

 

 

54

 

 

 

10

 

Office Products

 

 

562

 

 

 

47

 

 

 

324

 

 

 

16

 

 

 

4

 

Total reportable segments

 

 

3,183

 

 

 

131

 

 

 

1,639

 

 

 

164

 

 

 

36

 

Other

 

 

560

 

 

 

12

 

 

 

332

 

 

 

16

 

 

 

6

 

Corporate

 

 

—

 

 

 

(37

)

 

 

40

 

 

 

1

 

 

 

—

 

Total operations

 

$

3,743

 

 

$

106

 

 

$

2,011

 

 

$

181

 

 

$

42

 

 

 

Schedule of Corporate Assets

Corporate assets primarily consisted of the following items at December 31, 2017, 2016 and 2015:

 

 

 

 

2017

 

 

 

2016

 

 

 

2015

 

Receivables, less allowances for doubtful accounts

 

$

19

 

 

$

54

 

 

$

(8

)

Software

 

 

17

 

 

 

13

 

 

 

8

 

Cash and cash equivalents

 

 

12

 

 

 

45

 

 

 

—

 

Long-term investments

 

 

13

 

 

 

19

 

 

 

10

 

Property, plant and equipment, net

 

 

14

 

 

 

15

 

 

 

13

 

LIFO reserves

 

 

(57

)

 

 

(58

)

 

 

(67

)

Deferred income tax assets, net of valuation allowance

 

 

19

 

 

 

24

 

 

 

83