XML 67 R54.htm IDEA: XBRL DOCUMENT v3.22.1
DIVESTITURES Narrative (Details)
€ in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Sep. 30, 2021
USD ($)
Sep. 30, 2021
EUR (€)
Jun. 30, 2021
USD ($)
Jun. 30, 2021
EUR (€)
Mar. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Net (gains) losses on sales and impairments of businesses $ 0.0           $ (2.0)  
Change in cumulative foreign currency translation adjustment 48.0           143.0  
Sylvamo Corporation Investment                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Related Party Transaction, Other Revenues from Transactions with Related Party $ 198.0              
Discontinued Operations, Held-for-sale or Disposed of by Sale | Kwidzyn Mill                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Proceeds from Divestiture of Businesses     $ 794.0 € 669.0        
Net (gains) losses on sales and impairments of businesses     404.0          
Net (gains) losses on sales and impairments of businesses, net of tax     350.0          
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax     44.0          
Divestiture costs   $ 9.0            
Divestiture costs, net of taxes   6.0            
Net (gains) losses on sales and impairments of businesses     360.0          
Gain (Loss) on Sale of Assets and Asset Impairment Charges, net of tax     394.0          
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Printing Papers [Member]                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Proceeds from issuance of debt     1,500.0          
Cash Distribution to Sylvamo Corporation   $ 130.0            
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Printing Papers [Member] | Term Loan "B" Facility                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Proceeds from issuance of debt     450.0          
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Printing Papers [Member] | Term Loan "F" Facility                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Proceeds from issuance of debt     520.0          
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Printing Papers [Member] | Revolving Credit Facility [Member]                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Proceeds from Lines of Credit     100.0          
Revolving credit facilities available     450.0          
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Printing Papers [Member] | Unsecured Debt                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Proceeds from issuance of debt     $ 450.0          
Discontinued Operations, Disposed of by Means Other than Sale, Spinoff | Printing Papers [Member] | Minimum [Member] | Unsecured Debt                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Debt Instrument, Interest Rate, Stated Percentage     7.00%          
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Olmuksan                
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                
Proceeds from Divestiture of Businesses         $ 81.0 € 66.0    
Net (gains) losses on sales and impairments of businesses         (6.0)     $ 123.0
Net (gains) losses on sales and impairments of businesses, net of tax         $ 0.0     123.0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax             2.0  
Sale of stock, percentage of ownership before transaction         90.38% 90.38%    
Assets, Fair Value Disclosure               $ 79.0
Change in cumulative foreign currency translation adjustment             $ 2.0