Restructuring Charges And Other Items (Tables)

12 Months Ended

Dec. 31, 2011

Dec. 31, 2010

Dec. 31, 2009

Restructuring Charges And Other Items [Abstract]


In millions	Before-Tax Charges			After-Tax Charges
xpedx restructuring (a)	$	49		$	34
Early debt extinguishment costs (see Notes 12 and 13)		32			19
Temple-Inland merger agreement		20			12
APPM acquisition		18			12
Franklin, Virginia mill – closure costs (b)		(24	)		(15	)
Other		7			4
Total	$	102		$	66

(a)

Includes pre-tax charges of $19 million for severance.

(b)

Includes a pre-tax credit of $21 million related to the reversal of an environmental reserve.


In millions	Before-Tax Charges		After-Tax Charges
Franklin, Virginia mill – closure costs (a)	$	315	$	192
Early debt extinguishment costs (see Notes 12 and 13)		35		21
Write-off of Ohio Commercial Activity tax receivable		11		7
Shorewood Packaging reorganization		8		5
Bellevue, Washington container facility – closure costs		7		4
S&A reduction initiative		6		4
Other		12		9
Total	$	394	$	242

(a)

Includes pre-tax charges of $236 million for accelerated depreciation, $36 million for environmental closure costs and $30 million for severance.


In millions	Before-Tax Charges		After-Tax Charges
Albany, Oregon containerboard mill – closure costs (a)	$	469	$	286
Franklin, Virginia paper mill and associated operations – closure costs (b)		290		177
Early debt extinguishment costs (see Notes 12 and 13)		185		113
2008 overhead reduction program – severance and benefits		148		92
Pineville, Louisiana containerboard mill – closure costs (c)		102		62
Valliant, Oklahoma containerboard mill – paper machine shutdown costs (d)		82		50
Etienne mill – severance and other costs (e)		31		31
Inverurie mill – closure costs (f)		23		28
Other		23		14
Total	$	1,353	$	853

(a)

Includes pre-tax charges of $438 million for accelerated depreciation and other non cash charges, $21 million for severance and benefit costs and $9 million for environmental reserves.

(b)

Includes pre-tax charges of $258 million for accelerated depreciation and other noncash charges and $30 million for severance.

(c)

Includes pre-tax charges of $82 million for accelerated depreciation and other noncash charges, $9 million for severance and $10 million for environmental reserves.

(d)

Includes pre-tax charges of $81 million for accelerated depreciation and other noncash charges.

(e)

Includes pre-tax charges of $19 million for severance.

(f)

Includes pre-tax charges of $17 million for severance.

Rollforward Of The Severance And Other Costs


In millions	Severance and Other
Opening balance (recorded first quarter 2011)	$	7
Additions and adjustments		18
Cash charges in 2011		(16	)
Balance, December 31, 2011	$	9


In millions	Severance and Other
Opening balance (recorded first quarter 2010)	$	20
Additions and adjustments		26
Cash charges in 2010		(32	)
Cash charges in 2011		(8	)
Balance, December 31, 2011	$	6


In millions	Severance and Other
Opening balance (recorded first quarter 2009)	$	74
Additions and adjustments		177
Cash charges in 2009		(82	)
Pension and postretirement termination benefits		(85	)
Cash charges in 2010		(84	)
Balance, December 31, 2010	$	0

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details